Fuse, a blockchain platform for payments, has announced that Bitget will be adding its native token to its list of supported cryptocurrencies. This move is expected to enhance the accessibility and liquidity of the Fuse ecosystem, making it easier for cryptocurrency enthusiasts to explore and engage with the platform.
Bitget plans to list the FUSE token in the first week of November. Once listed, users will have the opportunity to stake assets such as FUSE and earn token incentives through Bitget’s stake-to-mine platform, PoolX.
The listing of FUSE on Bitget will provide users with more options to earn rewards through PoolX. This will not only increase the utility of FUSE, but also shed light on its role in powering transactions on the Fuse Network. Moreover, the listing will simplify the process of purchasing FUSE for potential Fuse partners and dapp users, as Bitget is known for being one of the most secure and liquid cryptocurrency exchanges globally.
Mark Smargon, the CEO of Fuse, expressed his excitement about the partnership with Bitget. He highlighted Bitget’s position as one of the top five cryptocurrency exchanges worldwide, with a daily trading volume of over $10 billion and a user base of more than 45 million spread across 100 countries. This makes Bitget a significant platform for cryptocurrency investors seeking new tokens like FUSE.
Bitget’s decision to list FUSE comes after Fuse Network made significant updates to its roadmap, aimed at accelerating adoption. These updates include a shift to a modular architecture based on Polygon’s zkEVM technology, which will enhance scalability. Additionally, Fuse Ember, a major upgrade, will make 50,000 node licenses available for public purchase.
Overall, the listing of FUSE on Bitget is a promising development for the Fuse ecosystem, as it will increase its visibility and attractiveness to both cryptocurrency investors and potential partners.