cryptocurrency

FIRMACHAIN Lists on Global Cryptocurrency Exchange 'MEXC' – Korea IT Times


* First cryptocurrency exchange to list with mainnet integration

* Deposit/withdrawal using ‘Firma Station’ possible without having to swap tokens

(Image : FIRMACHAIN was listed on MEXC Global.)

[FIRMACHAIN] On the 25th, trust based global blockchain platform FIRMACHAIN announced the listing of its token FCT on MEXC Global cryptocurrency exchange (hereafter “MEXC”). 

MEXC is the first cryptocurrency exchange that supports FIRMACHAIN’s Colosseum mainnet. The ticker for FIRMACHAIN’s token is FCT2. FCT2 is listed on MEXC’s USDT market.  

Established in 2018, MEXC is one of the top 20 global cryptocurrency exchange according to Coinmarketcap’s trading volume data. Currently, the exchange supports more than 1,000 pairs including BTC, ETH etc. 

FIRMACHAIN launched its mainnet Colosseum in January. Recently, Upbit and Bithumb cryptocurrency exchange announced their decision to support the migration of FIMRACHAIN’s mainnet allowing the deposit and withdrawal of FIRMACHAIN based on the Colosseum mainnet. 

With the listing on MEXC and the mainnet migration support of FIRMACHAIN listed cryptocurrency exchanges, holders can easily participate in the FIRMACHAIN ecosystem such as staking and governance proposals without having to swap tokens. Note that  cyrptocurrency exchanges based in the Republic of Korea are subject to Travel Rule regulations and therefore holders must check whether deposit and withdrawal to and from such exchanges are possible. 

Aside from the travel rule regulation, holders must also check whether the respective cryptocurrency exchange only supports the ERC20 network. Despite having the same ticker, ERC20 network based tokens cannot be transferred to and from the FIRMACHAIN mainnet. Holders in possession of ERC20 based FCTs can swap their tokens to the FIRMACHAIN mainnet tokens by using the token swap service provided by FIRMACHAIN. 

“The fact that cryptocurrency exchanges such as Upbit and Bithumb are supporting FIRMACHAIN’s mainnet migration and MEXC Global listing FIRMACHAIN with mainnet integration speaks to the project’s technical excellence,” said Youngin Yoon, CEO of FIRMACHAIN. “As holders can now conveniently participate in the FIRMACHAIN ecosystem with this listing, we will also aggressively invest in developing useful DApps on the FIRMACHAIN mainnet and strive to create meaningful use cases on the Colosseum mainnet.” 

To separate from another blockchain project using the ticker FCT, FIRMACHAIN is using the ticker FCT2. Currently, FCT2 is listed on Upbit, Bithumb, Bittrex Global, Poloniex etc. 

저작권자 © Korea IT Times 무단전재 및 재배포 금지



READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.