Venom Foundation Announces VENOM Token Listings on Deepcoin Spot and Perpetual Futures Markets
Singapore, Singapore, July 17 – Venom Foundation is excited to announce the listing of its native token, VENOM, on Deepcoin’s Spot and Perpetual Futures markets. This move marks a significant milestone in Venom’s global expansion, further strengthening its position, particularly in the Asian market, with Deepcoin’s solid presence.
Deepcoin’s Market Position
Deepcoin ranks among the top 10 derivatives exchanges according to CoinGecko. The exchange serves over 10 million users worldwide, with a daily trading volume of approximately $10 billion across both spot and derivatives markets.
Strategic Importance of the Listing
This listing is another important step in the Venom Foundation’s global expansion strategy. By securing a spot on Deepcoin, Venom is enhancing its accessibility to a broader audience while also strategically positioning itself on a leading exchange known for its strong foothold in the Asian market.
Continued Growth and Global Adoption
The listing on Deepcoin marks Venom’s third major listing in recent weeks, reflecting growing global adoption and increased interest from centralized exchanges. With these recent additions, Venom is now available to an additional 40 million users globally. These increased visibility and accessibility are significant milestones, contributing to Venom’s continued global expansion and growing recognition.
Leadership Comments
“Being listed on Deepcoin is an important step forward in our global expansion efforts,” said Christopher Louis Tsu, CEO of Venom Foundation. “The approval for Perpetual Futures trading on Deepcoin underscores our commitment to offering a diverse trading experience for our users, increasing awareness and opening up new opportunities for our growing community.”
Deepcoin’s Perspective
“We are excited to welcome Venom to Deepcoin and are thrilled to offer this new opportunity to our users,” said Ego Huang, Founder and CEO of Deepcoin. “Venom’s listing aligns perfectly with our mission to provide our users with access to the most innovative and promising crypto assets. With its unique features and strong community support, Venom is a valuable addition to our platform. At Deepcoin, we are committed to continuously expanding our offerings and enhancing the trading experience for our global user base.”
About Venom Foundation
Venom is a cutting-edge layer-0 and layer-1 network that integrates seamlessly with other independent networks using its innovative Mesh technology. Built around a masterchain for state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts, and decentralized applications (dApps). Mesh technology optimizes inter-chain communication, ensuring high speed and scalability. With rapid finality, enhanced security, stability, and user-friendly interfaces, Venom is an ideal platform for hosting Central Bank Digital Currencies (CBDCs) and large-scale platforms.
Ariella writes about technology, including big data, analytics, social media and their application to education, health, and society.