Highlights
- Kucoin lists Reef
- Trading would begin on 19th October 2021 at 09:00 UTC
About Reef
Reef Finance is a decentralized blockchain-based platform that enables DeFi services and products. It is believed to be the first cross-chain trading platform to work with centralized and decentralized exchanges while supporting DeFi decentralized apps and giving traders the most effective return rates. Reef Finance also offers the Reef Yield Engine, which uses artificial intelligence to allow users to engage in smart borrowing and lending, mining, staking, and other activities.
Reef Finance has also launched Reef Chain, its smart contract blockchain. Reef Chain is Ethereum Virtual Machine compatible to allow developers to migrate to Reef Chain and host their Ethereum-based apps on the chain. Reef Chain provides Dapp developers with a wide range of capabilities and scalability, and reasonable fees.
Kucoin lists Reef
Reef took to its official Twitter page to that Reef has officially launched on the Kucoin exchange.
REEF/USDT and REEF/BTC pairs are now available on KuCoin, with deposits for both ERC-20 and BEP-20 REEF tokens open now. Trading is said to begin at 09:00 UTC on Oct 19, 2021.
The Ethereum ERC-20 + BSC BEP-20 formats of $REEF are now listed on @kucoincom!
Learn more about KuCoin here: https://t.co/EUscncU2C1
REEF/USDT & REEF/BTC will be available. Deposits open now for both ERC-20 and BEP-20 #REEF tokens. Trading begins at 09:00 UTC on Oct 19, 2021.
— Reef – Reliable. Extensible. Efficient. Fast. 🐠 (@ReefDeFi) October 18, 2021
“We appreciate KuCoin’s commitment to fostering a world where it’s easy to access digital currencies and move those currencies across different blockchains. KuCoin is a clear leader in the space, and we look forward to collaborating further with their team and community.”-Denko Mancheski, CEO of Reef Finance.
KuCoin, which was founded in 2017, is a global cryptocurrency exchange that offers its six million members a variety of trading possibilities. Spot, margin, futures, and peer-to-peer trading, as well as lending and staking, are all examples. KuCoin claims to provide the highest level of security and a cryptocurrency variety of around 400. Despite its extensive functionality, it is a user-friendly exchange with a simple and straightforward layout. In addition, the exchange has some of the lowest costs in the cryptocurrency business.
What to expect from Reef
Reef Finance partnered with Binance to provide a FIAT gateway and more liquidity. Binance is frequently listed as one of the most popular cryptocurrency exchanges today, based on trading volume. The Binance Access API connection has allowed non-custodial cryptocurrency purchases with FIAT and trading via Reef Finance. Reef users should expect Binance Smart Chain support in the near future.
Binance is currently one of the most popular cryptocurrency exchanges in terms of volume. It introduced the Binance Smart Chain (BSC) in early 2020, an Ethereum Virtual Machine-compatible blockchain that allows users to create smart contracts using Binance tokens. Users will be able to onboard onto crypto finance platforms faster and for less money thanks to this partnership between Reef and Binance. Also, in early 2021, Reef started out the year with a partnership with Avalanche.
Reef’s current price is $0.03085, and it has a 24-hour trading volume of $97,093,321,180. While the coin’s share price rose by 7.77% in the past 24 hours, it currently ranks #142 on CoinMarketCap, with a live market capitalization of $2,474,154,330,078.
