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Celsius Network Update: Offers Yield on Gold-Backed wDGLD Token

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Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it will add support for CoinShares wDGLD token. According to Celsius, customers will be able to hold wDGLD tokens in their Celsius wallets to earn weekly compounding yield or use their coins as collateral to get cash loans against their crypto.

“CoinShares and Blockchain.com launched the wDGLD token in November 2020 as a solution to bring digital gold onto the Ethereum network and extend its usability within the digital asset ecosystem. wDGLD is pegged 1:1 with DGLD, a gold-backed token built on the Bitcoin blockchain and is currently available in the Blockchain.com wallet, home to over 69 million created wallets.”

Alex Mashinsky, CEO of Celsius, spoke about the support by stating:

“It’s a win-win-win when we’re able to form mutually beneficial partnerships that also generate more value for our customers. At a time when dollars and other inflationary currencies are losing value at an exponential rate, adding wDGLD provides our users with yet another option to diversify their assets in a way that acts in their best interest.”

Founded in 2017, Celsius addresses the financial needs of today’s consumers worldwide through a democratized interest income and lending platform accessible through a mobile app.

“Built on the belief that financial services should only do what is in the best interests of the community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions.”

Celsius recently announced it now holds more than $5.3 billion worth of cryptocurrency assets.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.crowdfundinsider.com/2021/04/173860-celsius-network-update-offers-yield-on-gold-backed-wdgld-token/

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OKEx Announces Listing of Shiba Inu’s SHIB Token

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OKEx announced on Tuesday the listing of SHIB, the first native crypto asset of the Shiba Inu network. According to OKEx, deposits of SHIB opened over the weekend, and the token can now be traded against USDT on the OKEx spot and perpetual swap markets. Withdrawals opened at 10:00 am UTC on May 10th. OKEx claims that it is the first major exchange to list the token.

OKEx further reported that SHIB, also known as a “meme coin,” has notably emerged as a top 30 cryptocurrency by market capitalization.

“With the goal to ensure a fair distribution of tokens, the founders put away 50% of the total SHIB supply in Uniswap, while the rest were burned in honor of Vitalik Buterin, one of the co-founders of Ethereum. SHIB is the first cryptocurrency token to be listed and incentivized on ShibaSwap — the Shiba Inu project’s own decentralized exchange.”

Speaking about the listing, OKEx CEO, Jay Hao, stated:

“I appreciate their experimental spirit, which is exactly what the blockchain and crypto space needs. As an exchange, we are delighted to be able to offer a diverse portfolio of cryptocurrencies, including memetic tokens, to allow a comprehensive investment experience for our valued customers. The Shiba Inu community has been gaining strong momentum from the weekend deposits, and we look forward to witnessing its robust development.”

The listing of SHIB comes less than a month after OKEx announced it has listed Celsius Network’s CEL token on its cryptocurrency and derivatives exchange. OKEx reported it is the third global exchange to list CEL token in recent weeks, in addition to several decentralized exchanges, since CEL token’s first listing in June 2019CEL is notably the native ERC-20 utility token of Celsius.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.crowdfundinsider.com/2021/05/175228-okex-announces-listing-of-shiba-inus-shib-token/

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OKEx Announces Listing of Shiba Inu’s SHIB Token

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OKEx announced on Tuesday the listing of SHIB, the first native crypto asset of the Shiba Inu network. According to OKEx, deposits of SHIB opened over the weekend, and the token can now be traded against USDT on the OKEx spot and perpetual swap markets. Withdrawals opened at 10:00 am UTC on May 10th. OKEx claims that it is the first major exchange to list the token.

OKEx further reported that SHIB, also known as a “meme coin,” has notably emerged as a top 30 cryptocurrency by market capitalization.

“With the goal to ensure a fair distribution of tokens, the founders put away 50% of the total SHIB supply in Uniswap, while the rest were burned in honor of Vitalik Buterin, one of the co-founders of Ethereum. SHIB is the first cryptocurrency token to be listed and incentivized on ShibaSwap — the Shiba Inu project’s own decentralized exchange.”

Speaking about the listing, OKEx CEO, Jay Hao, stated:

“I appreciate their experimental spirit, which is exactly what the blockchain and crypto space needs. As an exchange, we are delighted to be able to offer a diverse portfolio of cryptocurrencies, including memetic tokens, to allow a comprehensive investment experience for our valued customers. The Shiba Inu community has been gaining strong momentum from the weekend deposits, and we look forward to witnessing its robust development.”

The listing of SHIB comes less than a month after OKEx announced it has listed Celsius Network’s CEL token on its cryptocurrency and derivatives exchange. OKEx reported it is the third global exchange to list CEL token in recent weeks, in addition to several decentralized exchanges, since CEL token’s first listing in June 2019CEL is notably the native ERC-20 utility token of Celsius.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.crowdfundinsider.com/2021/05/175228-okex-announces-listing-of-shiba-inus-shib-token/

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OKEx Announces Listing of Shiba Inu’s SHIB Token

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Published

on

OKEx announced on Tuesday the listing of SHIB, the first native crypto asset of the Shiba Inu network. According to OKEx, deposits of SHIB opened over the weekend, and the token can now be traded against USDT on the OKEx spot and perpetual swap markets. Withdrawals opened at 10:00 am UTC on May 10th. OKEx claims that it is the first major exchange to list the token.

OKEx further reported that SHIB, also known as a “meme coin,” has notably emerged as a top 30 cryptocurrency by market capitalization.

“With the goal to ensure a fair distribution of tokens, the founders put away 50% of the total SHIB supply in Uniswap, while the rest were burned in honor of Vitalik Buterin, one of the co-founders of Ethereum. SHIB is the first cryptocurrency token to be listed and incentivized on ShibaSwap — the Shiba Inu project’s own decentralized exchange.”

Speaking about the listing, OKEx CEO, Jay Hao, stated:

“I appreciate their experimental spirit, which is exactly what the blockchain and crypto space needs. As an exchange, we are delighted to be able to offer a diverse portfolio of cryptocurrencies, including memetic tokens, to allow a comprehensive investment experience for our valued customers. The Shiba Inu community has been gaining strong momentum from the weekend deposits, and we look forward to witnessing its robust development.”

The listing of SHIB comes less than a month after OKEx announced it has listed Celsius Network’s CEL token on its cryptocurrency and derivatives exchange. OKEx reported it is the third global exchange to list CEL token in recent weeks, in addition to several decentralized exchanges, since CEL token’s first listing in June 2019CEL is notably the native ERC-20 utility token of Celsius.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.crowdfundinsider.com/2021/05/175228-okex-announces-listing-of-shiba-inus-shib-token/

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OKEx Announces Listing of Shiba Inu’s SHIB Token

Avatar

Published

on

OKEx announced on Tuesday the listing of SHIB, the first native crypto asset of the Shiba Inu network. According to OKEx, deposits of SHIB opened over the weekend, and the token can now be traded against USDT on the OKEx spot and perpetual swap markets. Withdrawals opened at 10:00 am UTC on May 10th. OKEx claims that it is the first major exchange to list the token.

OKEx further reported that SHIB, also known as a “meme coin,” has notably emerged as a top 30 cryptocurrency by market capitalization.

“With the goal to ensure a fair distribution of tokens, the founders put away 50% of the total SHIB supply in Uniswap, while the rest were burned in honor of Vitalik Buterin, one of the co-founders of Ethereum. SHIB is the first cryptocurrency token to be listed and incentivized on ShibaSwap — the Shiba Inu project’s own decentralized exchange.”

Speaking about the listing, OKEx CEO, Jay Hao, stated:

“I appreciate their experimental spirit, which is exactly what the blockchain and crypto space needs. As an exchange, we are delighted to be able to offer a diverse portfolio of cryptocurrencies, including memetic tokens, to allow a comprehensive investment experience for our valued customers. The Shiba Inu community has been gaining strong momentum from the weekend deposits, and we look forward to witnessing its robust development.”

The listing of SHIB comes less than a month after OKEx announced it has listed Celsius Network’s CEL token on its cryptocurrency and derivatives exchange. OKEx reported it is the third global exchange to list CEL token in recent weeks, in addition to several decentralized exchanges, since CEL token’s first listing in June 2019CEL is notably the native ERC-20 utility token of Celsius.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.crowdfundinsider.com/2021/05/175228-okex-announces-listing-of-shiba-inus-shib-token/

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