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FUSE has been listed on BitMart. Trading is now available on the FUSE/USDT pair. Withdrawals will be activated tomorrow, August 25th at 14:00 UTC. The Fuse RPC will be integrated shortly, allowing for direct deposits and withdrawals to and from Fuse Network.
The Fuse Token (FUSE) is the native cryptocurrency of the Fuse Network blockchain. This means that users need to pay FUSE to execute transactions on the network. The token is also required for participation in Fuse’s delegated proof of stake (dPoS) consensus as a validator or delegator, as well as participating in network governance.
Thus, to ensure wider adoption of Fuse’s technology stack, users and businesses need to be able to acquire FUSE with minimum friction. For this reason, FUSE needs to be traded on markets with significant trading volume to mitigate large price fluctuations and price slippage when trades are attempted.
This is where our listing on the major cryptocurrency exchange BitMart comes in. The reputed exchange boasts more than 5 million users worldwide, and enables trading on more than 550 trading pairs. It also has a popular trading app. Listing FUSE on Bitamart is a major step towards our mission to empower anyone to take part in creating the future of payments and decentralized finance.
Listing details
- FUSE deposits to BitMart were opened yesterday, August 23rd, at 14:00 UTC.
- Trading has also now started on the FUSE-USDT pair as of today, August 24th, at 14:00 UTC.
- FUSE withdrawals from BitMart will be activated tomorrow, August 25th, at 14:00 UTC.
Fuse RPC integration
At this initial stage of the integration, FUSE tokens traded on BitMart are deposited and withdrawn on the Ethereum mainnet blockchain. Users are advised to double-check that they are depositing and withdrawing FUSE on Ethereum.
At a later date, BitMart will integrate the Fuse RPC, at which point BitMart will also be accepting FUSE deposits from and executing withdrawals to the Fuse Network blockchain directly. This integration is expected to be ready by the beginning of Q4.
About Bitmart
BitMart Exchange is a premier global digital assets trading platform with over 5.5 million users worldwide and ranked among the top crypto exchanges on CoinGecko. BitMart currently offers 550+ trading pairs with some of the lowest trading fees in the market. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
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