Bibox Lists Two Defi Tokens to Expand New Economy
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Bibox Lists Two Defi Tokens to Expand New Economy

September 26, 2020      Vandana Malik

Bibox, a digital asset exchange just listed two Defi tokens in order to expand the new economy, which is what the exchange is committed to. According to the latest announcement, the exchange has listed MEME tokens on its platform. It is revealed that the non-fungible tokens (NFT) which are inspired by Meme simply allows the users to farm NFTs. With this listing, Bibox emerges among those few exchanges who recently listed the Defi token.

Bibox is Not the Only Exchange to Get Into Defi 

Among all the crypto assets, MEME is ranked at 289 position as it is having a market capitalisation of $23 million. Along with Meme, Bibox has also listed another NFT token of Rarible that helps the users to mint, buy and sell the digital collectibles on ETH blockchain. The native token of Rarible is RARI, which also acts as a governance token. 

It has been seen that Bibox is not the only exchange in the Defi run as a lot of crypto exchanges got into this. Some of the major crypto exchanges like OKEx, Binance and many others have also listed a lot of Defi tokens. The exchange is also having a regulated crypto exchange in Europe which is called BiboxEurope. The exchange is very well known as the one with very low transaction fees. It is now emerging as a competition among all other major crypto exchanges. 

BiboxEurope Expanded its Offerings

The European branch of Bibox exchange was launched back in the previous year and it now offers a range of trading pairs. Right after the launch, BiboxEurope has expanded its offerings and also added a lot of new features as well. These new features help the customers to buy Bitcoin and Ether using the credit cards. It is also reported that recently, the exchange has also secured investment from one of the major global bank in a funding round.

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Vandana Malik
Vandana Malik

Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.