11 Jul Bitfinex to List Kava Blockchain Native Token, KAVA
ROAD TOWN, British Virgin Islands – July 11, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital asset trading platform, announced today that it will be listing the KAVA Token, the native utility token of the Kava blockchain.
Kava is a decentralized blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum. Its architecture is designed for optimal protocol growth, which is integrated with Cosmos EVM technology to ensure maximum scalability, speed, security, and developer support. The platform empowers developers to build in their preferred environment without compromising user and asset access.
The KAVA token has dual roles: securing the network through block validation by the top 100 nodes, and facilitating governance by allowing holders to propose and vote on critical parameters. Additionally, top projects receive incentives in KAVA for network scaling and ecosystem enhancement.
“We are thrilled to welcome Kava to the Bitfinex ecosystem”, said Henry Child, Head of Tokens at Bitfinex. “Kava is renowned for its speed, developer power and interoperability that empowers developers to unleash their creativity and promote protocol growth. We believe that Kava will have a significant impact on the blockchain landscape, and we’re excited to give Bitfinex customers access to this unique token.”
Bitfinex will open deposits for KAVA on July 11, 2023 at approximately 12pm UTC. Trading of KAVA will commence on 13, 2023 at approximately 10am UTC, in trading pairs against the US Dollar (USD) and Tether tokens (USDt)
To obtain access to KAVA on Bitfinex, customers can visit https://www.bitfinex.com/.
*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com.
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About Bitfinex
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
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