We’ve got a brand-new batch of tokens to introduce you to - say hello to ALGO, BNB, HBAR, KSM, XEM, CELO and TRX!
These seven new additions are not like the others – they’re supported by their very own blockchains, which means greater access to DeFi and serious savings on gas fees!
You can now buy and exchange any of these new cryptocurrencies in-app at exclusive OTC rates.
So, let’s get to know them:
The Algo is the native token of payments-focused blockchain, Algorand, which aims to be simultaneously secure, scalable and decentralised. It was founded in 2017 by MIT professor Silvio Micali.
Binance Coin is a cryptocurrency issued by well-known crypto exchange, Binance. It started out on the Ethereum network in 2017, but is now native to Binance’s own blockchain, Binance Chain.
Hbar is an energy-efficient cryptocurrency that is native to the Hedera public network. It’s used to power decentralised applications and protect the network from malicious actors. Hbar was first issued in 2019.
The Kusama network is a pre-production environment for Polkadot that acts as its “canary in the coal mine”. Founded in 2019, it allows developers to try out certain Polkadot functionalities using the network’s native token, KSM.
XEM is a cryptocurrency that powers the New Economy Movement blockchain (NEM), a technology platform designed to manage assets and data easily and inexpensively. NEM was originally a hard fork of the NXT blockchain back in 2015.
CELO is the native token of Celo, a blockchain platform that aims to increase crypto adoption among smartphone users by swapping public keys with a phone number. Both the cryptocurrency and platform were launched in 2020.
Tronix is the native token of Tron, a blockchain project dedicated to building the infrastructure for a truly decentralised internet. Founded in 2017, the platform allows the creation of autonomous applications, as well as the sharing of digital content.