Swell Network Listing On MEXC And Bitrue: Trading Begins Today

07-11-2024 By: Sakshi Jain
Swell Network Listin

Swell Network Listing On MEXC And Bitrue: Get Ready to Trade Today

Swell Network’s governance token, SWELL is now listed on Bitrue and MEXC, opening up Ethereum staking and restaking options for users. This listing also brings new DeFi opportunities for both SWELL/USDT trading pairs on these platforms.

What is Swell Network 

Swell Network is a non-custodial staking protocol that combines Ethereum staking and restaking, aiming to enhance DeFi access while strengthening Ethereum’s future. Through liquid staking, Swell provides users with a yield-bearing liquid token, enabling them to earn from both blockchain and restaking rewards within DeFi.

Swell Network Listing on Bitrue  

Bitrue has announced the listing of Swell Network’s governance token, SWELL, bringing new trading opportunities to its users. With SWELL, users can earn passive income by staking or restaking Ethereum, gaining blockchain rewards and additional yield from restaking. 

The token is listed as SWELL/USDT on Bitrue, with deposits already open. Trading begins at 10:00 UTC on November 7, 2024, while withdrawals open at 10:00 UTC on November 8, 2024.

Bitrue’s new users are also eligible for a 1,012 USDT grand prize upon completing tasks, adding an incentive for participation. This listing highlights Bitrue’s ongoing commitment to supporting decentralized finance innovations and empowering its users with more investment options within Ethereum’s expanding ecosystem.

Swell Network Listing on MEXC  

MEXC has listed the Swell Network token (SWELL) in its Innovation Zone, providing users with new access to liquid staking benefits. The SWELL token represents an evolving aspect of Ethereum’s DeFi scene, as it provides users with liquid staking tokens (LSTs or LRTs) to access further yield opportunities in DeFi.

SWELL/USDT trading on MEXC begins on November 7, 2024, at 10:00 UTC, with deposits already open and withdrawals commencing on November 8, 2024, at 10:00 UTC. 

This listing in MEXC’s Innovation Zone also brings higher volatility, so investors should consider the risks and their risk tolerance carefully when trading SWELL. MEXC’s listing marks a significant step for Swell Network in expanding its reach and offering users more in Ethereum’s staking landscape.

Conclusion

Swell Network’s new listings on Bitrue and MEXC open Ethereum staking opportunities to a broader audience, advancing liquid staking and restaking options within DeFi. Also Swell Network is listing on Kucoin, HTX, and Bitget. Users should be mindful of the risks due to potential market volatility.

Also read: What is the internet meme frog character that became the of a popular cryptocurrency token?
WHAT'S YOUR OPINION?
Related News
Related Blogs