CrossFi Debuts XFI Token on Leading Exchanges, Unveils Dubai Trip for Top Trader | Coinspeaker
LightChain

CrossFi Debuts XFI Token on Leading Exchanges, Unveils Dubai Trip for Top Trader

CrossFi also announced a trading competition that includes an all-expense paid luxury trip to Dubai for the person who has the highest 90-day XFI trading volume.

Parth Dubey By Parth Dubey Julia Sakovich Edited by Julia Sakovich Updated 3 mins read
CrossFi Debuts XFI Token on Leading Exchanges, Unveils Dubai Trip for Top Trader
Photo: CrossFi

Key Notes

  • CrossFi's XFI token will be listed on six crypto exchanges including Bitmart, UZX, Ascendex, Azbit, LBank, and BitConomy.
  • Listings on UZX, Ascendex, Azbit, and BitConomy is on January 20th.
  • The person with the highest XFI trading volume in a 90-day period will win a sponsored luxury trip to Dubai.

CrossFi, a blockchain protocol focused on bridging traditional finance and decentralized finance, has announced that the platform’s native cryptocurrency, XFI, has made its debut on six leading digital asset trading platforms. Listing on crypto exchanges is a major milestone for any crypto project since it allows a much larger audience to gain exposure to the virtual currency.

According to a press release shared with Coinspeaker, the token listings will start on January 20th, the day the pro-crypto administration of Donald Trump takes over the United States. The six partner exchanges listed by CrossFi include Bitmart, UZX, Ascendex, Azbit, LBank, and BitConomy. Listing on these platforms is expected to bring massive attention to cryptocurrency.

CoinMarketCap data shows that at the time of writing, XFI trades at $0.6214, with a market cap of $28.4 million and a 24-hour trading volume of $1.67 million. Following the listings on these crypto exchanges, XFI is expected to see a rising number of holders.

Different Days for Listing

Interestingly, the launch of XFI on these digital asset exchanges has been thoroughly planned. UZX, Ascendex, Azbit, and BitConomy will start XFI trading on January 20th. Meanwhile, LBank and Bitmart will list the XFI token on January 21st and January 23rd, respectively. Also, each exchange has specific timings for deposits, trading commencement, and withdrawals for the XFI token, explained below:

  • Ascendex: January 20, 9 am UTC (Deposits start at 4 am UTC)
  • UZX: January 20, 9 am UTC
  • Azbit: January 20, 2 pm UTC
  • BitConomy: January 20, 12 pm UTC
  • LBank: January 21, 8 am UTC (Deposits January 20, 8 am UTC; withdrawals January 23, 8 am UTC)
  • Bitmart: January 23

“These exchange listings represent an important step in our mission to transform DeFi,” said CrossFi CEO Alexandar Mamasidikov, while adding:

“By bringing XFI to a range of top trading platforms, we are not only enhancing liquidity but also making our ecosystem more accessible to a broad demographic of global users who share our vision.”

CrossFi Also Announces a Trading Competition

CrossFi also stated that it is bringing trading competition for its users. The competition had a significant award for the participants. The person with the highest volume while trading XFI over a 90-day period will receive a fully expense-paid luxury trip to Dubai.

As per the release, the sponsored trip is inclusive of a helicopter ride over the city of Dubai along with the popular safari adventure through a desert. The winner will also have exclusive access to a premium lounge at Burj Khalifa coupled with a luxury yacht cruise. Also, the XFI trader that wins the competition will also get to meet the team responsible for the development of CrossFi in their Dubai headquarters.

Mamasidikov stated that as a part of CrossFi’s Dubai campaign:

“We wanted to think outside the box and come up with a reward that was a touch special, combining luxury, adventure, and blockchain.”

This thought bore the idea of a sponsored trip to the rapidly emerging crypto hub Dubai, where a multitude of digital asset companies operate.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Altcoin News, Cryptocurrency News, News
Parth Dubey

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

Parth Dubey on LinkedIn