Bithumb Lists ZAI (XAI) on the KRW Market Today

IconCryptoNewsTerminal Staff05 Jun, 2024

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Bithumb Lists ZAI (XAI) on the KRW Market Today

Bithumb, one of the largest cryptocurrency exchanges in South Korea, has announced the listing of ZAI (XAI) on its KRW market. The listing is scheduled to go live today, February 8th, at 6 pm KST. XAI is a native token of the Zilliqa blockchain, a high-throughput public blockchain platform designed for scalability and security. The token is used to pay for transaction fees, staking rewards, and other activities on the Zilliqa network. The listing of XAI on Bithumb is a significant development for the Zilliqa ecosystem, as it will provide increased liquidity and accessibility to the token for South Korean investors. Bithumb is one of the most popular cryptocurrency exchanges in South Korea, with a large user base and high trading volume. The addition of XAI to Bithumb's KRW market is expected to boost the token's trading activity and liquidity, making it more accessible to a wider range of investors. It is also a positive sign for the Zilliqa blockchain, as it shows that there is growing interest in the platform and its native token.