Fuse, a payments blockchain, announced that Bitget will list its native token. Crypto enthusiasts will find it simpler to start exploring the Fuse ecosystem as a result of the asset’s improved accessibility and increased liquidity after its addition to Bitget’s tier-1 exchange.
Bitget plans to list the FUSE token within the first week of November. Following the event, users will be able to stake assets like FUSE and get token incentives using Bitget’s stake-to-mine platform, PoolX.
Users will now have more options to earn rewards via PoolX thanks to FUSE’s listing on Bitget. This will increase FUSE’s usefulness and draw attention to how it powers Fuse Network transactions. Additionally, the listing will make it simpler for potential Fuse partners and dapp users to purchase FUSE on one of the safest and most liquid cryptocurrency exchanges in the world.
Fuse CEO Mark Smargon said:
“Given Bitget’s selective policy concerning the tokens it lists, we’re pleased that Fuse has reached a phase in its life cycle at which it meets this criteria. We are confident the momentum from Bitget’s listing will take the FUSE token to the next level while providing greater opportunities for rewards and earning among our growing community. The Bitget listing comes at a time when we’re gearing for major upgrades and changes that will deliver a stronger Fuse ecosystem for web3 payments.”
Bitget, which has a daily trading volume of more than $10 billion, is one of the top five cryptocurrency exchanges worldwide. With over 45 million users in 100 countries, it’s a signficant platform for cryptocurrency investors to find and trade new tokens like FUSE.
Following a significant update to Fuse Network’s roadmap via a number of activities intended to speed adoption, Bitget decided to list FUSE. As part of its shift to a modular architecture based on Polygon’s zkEVM technology, these enhancements will boost scalability. The upgrade, called Fuse Ember, would make 50,000 node licenses available for public purchase.
