Bitfinex to List MEW Token, Expanding Meme Coin Offerings
James Ding Jul 02, 2024 10:33
Bitfinex announces the listing of MEW, a meme coin on the Solana blockchain, enhancing its digital asset portfolio.
Bitfinex, a leading digital asset trading platform, has announced the listing of MEW, the native token of the project 'cat in a dogs world'. This new addition marks another step in Bitfinex's efforts to diversify its digital asset offerings.
Introduction of MEW
MEW, a meme coin built on the Solana blockchain, was launched on March 26, 2024. The project aims to combine strategic burning strategies and intentional airdrops to create value, community, and scarcity. Since its inception, MEW has gained significant traction within the Solana ecosystem due to its high transaction speeds and low fees. According to reports, within the first three hours of its launch, MEW saw a transaction value of $150 million.
Bitfinex's Perspective
Henry Child, Head of Tokens at Bitfinex, commented on the listing: "As the DeFi space continues to evolve, new and innovative projects like MEW are at the forefront of introducing users to decentralized finance. We are thrilled to add MEW to our diverse range of digital asset offerings."
Trading Details
Deposits for MEW are expected to open at approximately 11:00 AM UTC on July 2, 2024, subject to network conditions. Trading is planned to commence at approximately 11:00 AM UTC on July 4, 2024, contingent upon liquidity requirements being met. MEW will be tradable against US Dollars (MEW/USD) and Tether tokens (MEW/USDt).
Access and Restrictions
To access MEW on Bitfinex, customers can visit the official Bitfinex website. It is important to note that all users are subject to Bitfinex’s terms of service. U.S. persons and other prohibited persons are strictly forbidden from directly or indirectly holding, owning, or operating an account on the platform.
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 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 worldwide.
For more information, visit the official announcement on Bitfinex's blog.
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