TrustSwap is a multi-chain DeFi-ecosystem that provides services to both corporate and retail customers. One of the most popular cryptocurrency trading platforms in South Korea is Bithumb, a global top 20 (Coinmarketcap) South Korean cryptocurrency exchange. TrustSwap’s native token, $SWAP, is now available on the Bithumb Exchange. This listing represents a significant step in providing additional access to the SWAP token.
SWAP Holders to get early access to TrustSwap Launchpad blockchain projects
TrustSwap’s products and services use SWAP exclusively. SWAP holders can use SWAP to get early access to new blockchain projects through TrustSwap’s Launchpad platform, for instance. The Crypto App, powered by this token, allows users to keep track of their portfolios and monitor over 6,000 coins on more than 100 exchanges. In addition, SWAP tokens offer discounts on TrustSwap-related service fees.
Significance of South Korean Market Listing for TrustSwap
TrustSwap is strategically making SWAP more accessible to users, especially those in Asia, by listing the SWAP token on Bithumb. Bithumb is one of the most popular cryptocurrency exchanges in South Korea, so this is a strategic move for TrustSwap as it seeks to expand SWAP token availability worldwide.
According to estimates, South Korea is the third largest cryptocurrency market in the world. In August 2021, South Korean cryptocurrency exchanges accounted for more than 9% of global cryptocurrency trading volume, and the Korean Won is one of the top 5 most traded fiat currencies for Bitcoin. When Bitcoin reached an all-time high in 2021, about 10% of South Korea’s population invested in cryptocurrencies. South Korea and South Korean cryptocurrency exchanges play an important role in the overall cryptocurrency market as these statistics show.
TrustSwap’s listing of the SWAP token on one of Korea’s leading exchanges has made the SWAP token more accessible. SWAP’s visibility and demand across Asia may increase dramatically with a listing on Bithumb, potentially boosting the TrustSwap ecosystem. TrustSwap’s primary goal is to list the SWAP token on as many exchanges as possible. This is a step in the right direction.
TrustSwap’s “Crypto App” gets 4 million downloads, raises over $4.5B
TrustSwap raised over 4.5 billion dollars across 23,000 projects across nine blockchains, making TrustSwap an essential pillar in crypto security. One of the most popular crypto applications globally is TrustSwap’s “The Crypto App,” which has over four million downloads. TrustSwap’s Launchpad has helped secure the launch of over 40 projects.
We provide solutions to problems related to token and liquidity locking, token minting, escrow, and vesting. Additionally, we offer solutions for cryptocurrency asset distribution, staking and tracking, NFT services, and fundraising.
BTC Korea Founded Exchange, Bithumb
A South Korean company, BTC Korea.com LTD, founded the Bithumb Exchange. As of 2014, Bithumb was one of the top trading platforms for digital assets in South Korea. By fusing the world, Bithumb has the world’s best competitive advantages and expertise in establishing and operating virtual asset transactions and blockchain technology.
On the Bithumb Exchange, you can buy, sell, and trade a wide range of popular cryptocurrencies. Although Bithumb is most often associated with the Asia market, it also operates a global exchange, BitGlobal, that is used globally.
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
