Bybit, the third most visited cryptocurrency exchange in the world, has announced that it would list DEFY, the native platform token and the utility token of DEFY, on Bybit Launchpad 2.0.
The cryptocurrency exchange revealed this in a press release shared with Cryptowisser. DEFY is a play-and-earn NFT Blockchain mobile game. Immersing players in a metaverse that bridges the virtual and physical worlds, DEFY fuses hyper casual code-breaking gameplay, with real-world exploration with augmented reality (AR) adventures.
Bybit said it would host the initial exchange offering for DEFY, which will be available on the Bybit Launchpad 2.0, a revamped platform for groundbreaking blockchain projects, with the full spot listing scheduled for August 15.
The DEFY token is a utility token that allows users to purchase in-game assets, interact with other users and enhance their effectiveness as operatives in the game. Users can redeem the DEFY tokens with FCOINS (in-game currency) accumulated through in-game achievements or purchased on Bybit Launchpad 2.0.
DEFY has become the latest web3 initiative to launch on Bybit's intuitive platform for promising crypto projects. Bybit Launchpad 2.0 is a unique platform that gives users early access to some of the most sought-after tokens in the space.
The users of the cryptocurrency exchange can commit BIT to subscribe to token allocations or participate in Launchpad 2.0's new lottery model, where users stake a nominal amount of Tether (USDT) for the chance to win allocations of new tokens. Furthermore, users can also buy the best-performing tokens from previous listings via the Launchpad.
The low Bybit fees make it one of the fastest-growing cryptocurrency exchanges at the moment. Furthermore, Bybit reviews have generally been positive, as the exchange has provided traders with the necessary tools to trade successfully.
Bybit is one of the fastest-growing cryptocurrency exchanges in the world. Established in 2018, Bybit offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support.
The cryptocurrency exchange is also a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.