Tatcoin by ABiT Network has been listed on IDEX Cryptocurrency Exchange, a platform for digital asset exchange according to official reports published by IDEX Monday.
In continuing with its consistent efforts of supporting new cryptocurrency tokens on its,
IDEX Exchange said Tatcoin tokens will be traded in pairs with ETH Pair.
$TAT by @abitnetwork has been listed on #IDEX : https://t.co/l4SkAaFUNP . Check the following blog post for more details: https://t.co/NOA8yeXKCw #crpyto #DeFi #ethereum #exchange #tatcoin #abitnetwork #africa #blockchain pic.twitter.com/gPAVsj7Vop
— IDEX (@idexio) July 13, 2020
Bit fxt one of Nigeria’s leading exchanges also announced Tatcoin’s listing and tokens are traded in pairs with Nigerian Naira on its platforms.
In it’s official blog, Idex noted that “ABiT network is a pan African company focused on blockchain technology to enable creative opportunities. The team has launched Tatcoin, a utility token focused on simplifying payment processes for goods and services. Tatcoin will be available to every user on the ABiT network.
“Listing Tatcoin on a prominent exchange will benefit the rise of smart 21st Century pioneers who will be at the forefront of blockchain innovation in Africa.”
The founder and CMO of the ABiT Network, Gaius Chibueze, told BusinessDay that the move was expected given that “Tatcoin has a very high use case and also that a lot of people believe in the project,” he said.
Also adding to that Raymond Idu, CTO said that post-listing, “ABiT will focus on revamping products, intensifying marketing campaigns while awaiting other exchanges accreditation.”
Idu noted that obtaining approval to list a coin on exchanges requires meeting up to their criteria, some of which maybe really stringent to meet.
“ABiT is committed to listing on as many exchanges as possible. Though some requirements will naturally take months of scrutiny,“ he said.
Tatcoin has also been listed on Coingecko, an online service that allows Cryptocurrency users track cryptocurrency popularity and activity rates online.
Coingecko is one of the biggest data network for crypto, just behind Coinmarket Cap bought by Binance exchange.
Notably, after the listing Tatcoin saw it’s value pushed by over 27% in just 24hrs . The opportunity for growth will continue amidst more listing and trading, experts say.
Tatcoin, the crypto token by ABiT users harness the opportunities provided by blockchain technology in mainstream processes.
Some of the benefits highlighted by ABiT include discounted rates on every product and service on the platform such as real estate for ABiTCrowd, payments for ABitPay, travel for ABiTgo, games for ABiTPlay, cryptocurrency trading for ABiTrader, shopping for ABiT Discount Shoppers, agricultural investment for ABiTFarm, and more.
“The Abit network is not only determined to promote interoperability and financial involvement but also concentrates on offering a mechanism that is decentralized for both future decentralized economies and financial networks,” the indigenous cryptocurrency and blockchain solutions firm said.
To accomplish this, ABiT has enabled building and scaling coupled with smooth utilization of the decentralized applications and Products on its network, highlighting the decentralized financial system’s requirement of ease of accessibility and transparency.
Start trading Tatcoin https://idex.market/eth/tat
