In an exciting development for the Andromeda blockchain project, the platform’s native utility token, $ANDR, is now listed on the MEXC global exchange. MEXC announced its listing on February 20th, enabling trading between the $ANDR and USDT trading pairs.
Founded in 2018, MEXC Global has grown to become one of the largest and most trusted cryptocurrency exchanges in the world. With a daily trading volume of over $2 billion, the company serves more than 10 million users in more than 170 countries and territories around the world. MEXC’s decision to list $ANDR opens the token to a broader investor base and improved liquidity.
“Listing on MEXC opens up new possibilities for Andromeda,” said Mant Hawkins, a key Andromeda contributor. “Providing global visibility for $ANDR is a huge vote of confidence in our project.”
MEXC announced that $ANDR will be available for deposit starting February 21st. Spot trading services will open the next day, February 22nd at 10:00 AM (UTC). Users can now trade tokens for USDT.
$ANDR strengthens the Andromeda ecosystem
The listing comes after Andromeda launched its own blockchain infrastructure, known as AndromedaOS (aOS), and partnered with Astrovault on January 11. Built entirely on-chain, Andromeda was created to simplify the complexity and time required to build decentralized apps. It delivers value to users, creators, and developers who want to seamlessly build and deploy dApps by reducing months of programming work to minutes.
The aOS ecosystem is based on the native token $ANDR. Users can create blockchain templates, issue NFT domains, deploy smart contracts, and build dApps by paying platform fees in $ANDR. $ANDR protects the underlying blockchain by incentivizing validators. It also facilitates seamless transfer of value between network participants.
Since launch, Andromeda has onboarded numerous validators while AOS usage continues to grow. The MEXC listing is expected to be a catalyst for future ecosystem adoption.
Andromeda targets interoperability and strategic options through MEXC.
Although the project is currently focused on the Cosmos ecosystem, Andromeda has ambitious plans for cross-chain interoperability. The core team is building tools to help developers easily launch multichain dApps.
Additionally, MEXC’s user-friendly interface makes it easy to navigate, even for first-time traders. MEXC also aims to be a platform for new traders and experienced investors, and we believe its accessibility and diversification opportunities will contribute to providing a positive experience for the Andromeda community.