BTSE will list the TokenFi (TOKEN) token on November 6, 2023, making it available for spot trading. Additionally, TOKEN will be listed on BTSE’s wider ecosystem of 10+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade TOKEN via the TOKEN/USDT and TOKEN/USDC trading pairs.
Key Dates
1. Deposits enabled: 4:00 PM (Singapore Time) on November 6, 2023 (supported network: BEP-20)
2. Trading enabled: 4:00 PM (Singapore Time) on November 6, 2023
3. Withdrawals enabled: 4:00 PM (Singapore Time) on November 6, 2023
What is TokenFi?
TokenFi is an emerging platform committed to democratizing the tokenization landscape. It champions the conversion of various assets into digital tokens. The aim is to foster fractional ownership and make it simpler to buy, sell, or hold parts of assets that would otherwise be out of reach due to their illiquid nature or high entry cost.
TokenFi’s Native Token – TOKEN
The heart of TokenFi’s ecosystem is the native digital asset, TOKEN. TOKEN can be obtained by staking FLOKI tokens, embracing the power of one of the most vibrant communities in the crypto space – the Floki community.
What Traders See in TOKEN
1. Democratizing Asset Ownership: TOKEN takes the stage by turning the ownership of high-value commodities like real estate or artwork into something accessible. With fractional ownership, investors can own a piece of the pie with a much lower investment threshold.
2. Boosting Liquidity: TokenFi attacks the problem of illiquidity head-on by allowing asset owners to convert their assets into tradable tokens. This infusion of liquidity not only benefits asset owners but also traders who seek to find value in new markets.
3. No Code: With TokenFi, users don’t need to be coders to create their own cryptocurrency. This could potentially lead to a surge in innovative tokens, each with its own unique purpose and community.
4. Community-Driven Fundraising: By linking fundraising efforts with the robust Floki community, TokenFi provides an unprecedented platform for new projects to gather steam, ensuring a vibrant and supportive base for emerging tokens.
5. Market Access: TOKEN creators gain invaluable exposure through TokenFi’s links with market makers and exchanges. For traders, this means an array of new tokens with the potential for growth, price discovery, and investment diversity.
Users can deposit/trade TOKEN tokens by searching TOKEN on the BTSE website or mobile app.
Trade on the go — download the BTSE mobile app (iOS/Android)
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at feedback@btse.com or on X @BTSE_Official.
Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.
