Lif3 Boosts DeFi Adoption and Innovation with BitFinex Listing

Lif3 Boosts DeFi Adoption and Innovation with BitFinex Listing

Lif3, an omni-chain DeFi Layer-1 curated blockchain ecosystem, is elated to announce its recent listing on Bitfinex, a premier digital asset trading platform.

The listing follows Lif3‘s recent migration to the Ethereum Network from Fantom Network. The Bitfinex listing provides an opportunity for professional traders to trade LIF3 and Lif3 tokens through one of the top-tier exchanges in the market. In preparing for the listing deposits for LIF3 commenced on 23rd January 2024 at about 1:30 PM UTC. However, trading is scheduled to start on 25 January 2024 at 3:30 PM UTC. Notably,  LIF3 will be tradable against US Dollars (LIF3/USD)and Tether tokens (LIF3/USDt).

According to the Lif3 team, the recent migration to Ethereum marks a significant leap toward achieving the project vision. The change will reportedly facilitate accessibility to a broader market and provide ease of trading LIF3 tokens. Notably, the transition will simplify the purchasing process enabling users to acquire LIF3 tokens free from previous difficulties. Note the result is increased adoption of the LIF3 ecosystem.

Commenting on the listing, Kean Laurens, Head of Product, stated:

“This Bitfinex listing, in addition to the migration to Ethereum, will expand and its market accessibility while enhancing efficiency in cryptocurrency transactions through consumer DeFi, unlocking more opportunities within the dynamic world of decentralized finance and beyond. We are not only excited for the recent migration to Ethereum, in addition to being available on Fantom, BNB Chain, and Polygon – but also opening up a larger market and simplifying the purchase process for users, particularly in acquiring mainstream tokens like USDT and ETH”.

The migration has also enabled the platform to move to a more extensive user base. The platform now offers increased exposure, reliability, and potentially higher transaction volumes. Lif3 pronounced as Life, is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a exceptional multi-asset pool that earns liquidity providers fees from swap fees, market making, and leverage trading. Currently available on multiple blockchains, namely, Ethereum, BNB Chain, BNB, and Polygon, Lif3 offers users a comprehensive suite of DeFi products.

In addition to the listing, announced it has partnered up with MetaNews and acquired an official license from Krafton for the PUBG mobile tournament Super Cup. The competition is set to start on 26th January 2024 and run until 29th January 2024. The partnership aligns with Lif3’s vision of expanding its reach within the esports space. 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Popular

InstaCoin.News covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money.

Copyright © InstaCoinNews

To Top