Global cryptocurrency exchange BXTEN announced that, as of 21st August, it has been officially listed as a registered exchange on CoinMarketCap, a specialized cryptocurrency price chart platform
CoinMarketCap is the number one cryptocurrency information platform in the blockchain and Web3 space. It provides information on cryptocurrencies listed on exchanges worldwide and data on major exchanges and the blockchain industry. Among the key information provided are spot and futures trading volumes, reliability, average liquidity, and other diverse data related to exchanges.
Since BXTEN’s official launch in June 2024, BXTEN has gained attention as an emerging exchange in Southeast Asia, offering cryptocurrency derivatives trading services based on the Indonesian and Southeast Asian markets. Notably, BXTEN has seen a monthly trading volume growth rate exceeding 50%, and the exchange focused on building a specialized platform for derivatives by optimizing trading systems for traders, providing robust security services, and developing new products.
With a robust infrastructure in Southeast Asia, BXTEN has achieved remarkable growth, catapulting it into the global top 50 exchanges on CoinMarketCap. Its daily trading volume, which now exceeds $600 million, is a testament to its strong growth potential and promising future.
Additionally, BXTEN’s unique “trading mining” service is a significant driver of this rapid increase in trading volume. Trading mining is a benefit available to all BXTEN users, allowing them to earn BXT, BXTEN’s utility token, via airdrops in proportion to their contributed trading volume. The more volume a user contributes, the more BXT they can earn. This attractive system has drawn significant attention from the Web3 community.
Jay, a CMO of BXTEN, stated, “Being officially listed as an exchange on CoinMarketCap will greatly help expand BXTEN’s reach in the global market.” The representative added, “We plan to launch new products and services, not only in Southeast Asia but also across the global market, and we ask for your continued interest and support
Source: https://www.livebitcoinnews.com/global-cryptocurrency-exchange-bxten-officially-listed-on-coinmarketcap-enters-top-50-ranking-instantly/