Cairo Finance, an innovative DeFi platform, announced the successful listing of its native token, CBANK, on the Biconomy exchange platform. This strategic move enhanced CBANK’s accessibility and liquidity, offering a broader audience opportunities to engage in the financial revolution across multiple platforms.
The listing on Biconomy, which commenced on 8 July 2024 at 10 am UTC (6 pm Singapore time), introduced the CBANK/USDT trading pair, facilitating seamless trading experiences for users worldwide. Open deposit and withdrawal functionalities also began at the same time, bolstering CBANK's market presence significantly.
Tutanchamun, the CEO of Cairo Finance, expressed excitement about the listing, believing it strengthens CBANK’s position in the market and could lead to its value appreciating. CBANK, with a market value of $6 million and impressive liquidity with $1 million locked in total, is poised for growth in the booming DeFi market, projected to reach $2.60 billion by the year’s end.
Additionally, Cairo Finance launched a generous airdrop of $10,000 worth of CBANK tokens from 19 June to 19 July. Participants had the chance to win $100 in CBANK tokens, with additional rewards for the top 10 referrers, each receiving $250 in CBANK tokens.
Cairo Finance aligns with the core principles of DeFi, empowering users with self-custody finance solutions that transcend traditional financial systems. Their platform offers intuitive tools for staking, trading, and yield farming, emphasizing both security and community engagement. With assets in DeFi ecosystems surpassing $239 billion as of April 2022, Cairo Finance plays a pivotal role in this rapidly expanding sector.
Biconomy, renowned for its global cryptocurrency trading services, supported Cairo Finance's mission by providing a strategic listing opportunity at a favorable rate with zero fees for the first six months. Biconomy also assisted projects in launching token campaigns, conducting AMAs, and connecting with accelerators and investors like Carbon Brower, etc.
Cairo Finance is at the forefront of the DeFi revolution, offering users secure and user-friendly financial instruments within its comprehensive ecosystem. With a commitment to innovation and community strength, Cairo Finance continues to pave the way for decentralized finance worldwide.
For more information on Cairo Finance and the CBANK listing, visit Cairo Finance’s official website and join the community on Telegram.