Crypto Gloom

Bitfinex lists CELO, the native token of the Celo blockchain

Bitfinex lists CELO, the native token of the Celo blockchain

Lords Town, British Virgin Islands – February 13, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced the listing of CELO, the native token of the Celo blockchain.

Celo’s primary focus is scaling Ethereum with innovative real-world applications. Celo advocates a mobile-first strategy in recognition of the widespread use of smartphones and the goal of providing universal access to Web3 projects. Celo says its infrastructure allows it to offer affordable multi-currency gas rates. Ultra-light client for fast transactions. The ecosystem also aims to support seamless integration of applications, ensuring scalability and preventing fragmentation.

Celo says the CELO token is used to maintain the integrity of the CELO network and drive user engagement.

“We are excited to introduce CELO to our exchange. Celo’s focus on scaling Ethereum for real-world applications and its commitment to a digital economy that is accessible to all is an important step toward mainstream adoption. “Today’s announcement furthers our goal of providing our customers with exposure to innovative blockchain projects.” Henry Child, Head of Tokens at Bitfinex.

The listing of CELO will allow Bitfinex customers to trade the CELO/USD and CELO/USDt token pairs.

CELO deposits are scheduled to open at 1:30 PM (UTC) on February 13, subject to network conditions ensuring stable liquidity. Trading is scheduled to begin at 1:30 PM UTC on February 15, subject to network stability and adequate liquidity. CELO will be available for trading against the US dollar (CELO/USD) and Tether tokens (CELO/USDt).

To access CELO on Bitfinex, customers visit https://www.bitfinex.com/.

*All users of www.bitfinex.com are subject to the Bitfinex Terms of Service (“TOS”). Among other prohibited persons (as defined in the TOS), U.S. persons (as defined in the TOS) are strictly prohibited from holding, owning, or operating, directly or indirectly, an Account (as defined in the TOS) at www.bitfinex. .com.

Introduction to Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform that provides cutting-edge services to traders and global liquidity providers. In addition to a series of advanced trading features and charting tools, Bitfinex offers access to peer-to-peer finance, OTC markets, and margin trading for a variety of digital tokens. Bitfinex’s strategy is focused on providing unparalleled support, tools and innovation to skilled traders and liquidity providers around the world. For more information, please visit www.bitfinex.com.

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