12 New Spot Listings on Phemex
Everyone seems to be interested in cryptocurrencies these days. And one way to get them is through spot trading. This method distinguished itself from other techniques of getting crypto assets by its continuous process of buying and selling tokens and coins at a specific price for immediate settlement.
The traders intend to gain profit from cryptocurrency market fluctuations by transacting their tokens on the spot market. Phemex is one of the preferred platforms that provides this opportunity of spot trading, and they recently added 12 new assets
Phemex has added the top and most popular new ERC20 assets to its list, bringing the total now to 53 listed spot cryptos
More about Phemex spot trading list
Phemex is known for offering both spot and contract trading services with a simple, user-friendly interface that allows users to deposit and withdraw funds safely. Phemex users now have a selection of 53 spot trading pairs.
The trading platform will continue to expand their coin listings to provide more options to their users in the future. On the spot trading list, they have added the following assets:
- SAND: the Sandbox Metaverse game's primary utility token, through which players can monetize their own gaming experience.
- ALICE: the native token of MyNeighborAlice, a multiplayer builder game powered by blockchain.
- ENS: Ethereum Name Service allows anyone on the Ethereum network to create their domain name.
- ANKR: An ERC20 token used to power Ankr, a web3 infrastructure, and cross-chain DeFi platform.
- NU: NuCypher's native token, decentralized encryption, access control, and key management system.
- GTC: The governance token of Gitcoin, a community that promotes new web3 infrastructure.
- OCEAN: The Ocean protocol allows users to monetize their data by using ERC20 datatokens.
- MASK: The Mask network connects the internet to a decentralized network by enabling users to send encrypted messages via Twitter and Facebook.
- USDC: Circle's USDC stablecoin is an ERC20-based stablecoin.
- YGG: Yield Guild Games is a play-to-earn gaming guild that aims to get players interested in blockchain gaming.
- SLP: Smooth Love Potion, native tokens earned by playing Axie Infinity and can be used to breed new Axies.
- AGLD: Adventure Gold, the native ERC20 token of the LOOT NFT project.
ANKR spot trading is now also available on Phemex
As a surprise, Phemex also introduced ANKR in their spot trading list. The Ankr platform provides a web3 infrastructure, a globally distributed network of nodes for multi-chain access to more than 40 blockchains. The platform's primary function is to enable developers to easily access web3 by providing a distributed, multi-cloud blockchain infrastructure for one-click node deployment and management and instant API access to major blockchains and DeFI protocols.
The ANKR token is an ERC20 token that acts as the network's native utility and governance token. It has been created in a way that the members can pay for services provided by the ANKR ecosystem. The user can use the token for easier payments for the Ankr platform services such as node deployment and API services where the ANKR tokens enable on-chain governance participation.
As the web transitions to 3.0, now is the time to make a change in your life, and ANKR can be the option.
Conclusion
Phemex is well-known for the fantastic prizes and bonuses that it gives to the community. The platform began its journey in 2019 and has accumulated over 2 million active users and 10 billion US dollars in average trading volume since then. They are well-known for their services, and according to Coinmarketcap, they are among the top ten exchanges platform globally.
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