Leading cryptocurrency exchange and Web3 startup Bitget has included the top smart contract platform, Neutron, in its Cosmos Ecosystem Zone and Innovation Zone. Through NTRN/USDT trading pairings, Bitget users can now trade Neutron’s native token, NTRN, on spot and grid markets. Withdrawals will be possible after November 16, 2023, at 7 AM (UTC). Deposits are now open.
Neutron’s listing is in line with Bitget’s intention to identify other blockchain-based platforms that are compatible with one another. The Cosmos hub blockchain, which is built on neutrons, uses interchain technology to operate with no overhead. For Interchain DeFi, Neutron is a safe permission-less smart contract platform. It makes it possible for developers to introduce apps that use smart contracts. This can be expanded throughout the Interchain, a connected network of more than 50 blockchains.
Tendermint powers the platform, allowing developers to conduct transactions, query smart contracts, and manage accounts in faraway zones all from Neutron, with ease. Neutron is a safe CosmWasm platform, supported by more than 190 million staked ATOMs (Cosmos’ native token).
“The future of crypto is interoperable and multi-chained. Our innovation zone listings are based on high-potential projects that project market growth within this sector. With the initial listings of over 250+ tokens in the first three quarters this year, we’re constantly expanding our offerings to easily access newer crypto projects,” says Gracy Chen, Managing Director at Bitget.
Users will find it easier to enter the early launch stages of the innovative token ecosystem as a result of a greater variety of protocol-based initiatives being listed in Bitget’s innovation zone. More upcoming, highly promising cryptocurrency ventures are included in this. The innovation zone, which was created for the trading of new token offerings, is mostly used for trending tokens (first listings). All newly listed pairs in the zone are given a 60-day valuation period. To maintain the listing status active, the recently listed tokens will be periodically examined to make sure they meet Bitget’s platform requirements for trading volume, liquidity, the team, project development, and other factors.
Over 20 additional tokens were launched by Bitget in November 2023, bringing the total number of tokens on the platform to over 650, which may now be traded for other items as well as spot deals. Bitget customers can use bank transfers, debit/credit cards, and other multi-currency payment options to purchase popular and recently listed tokens like NTRN.