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Bit.com, one of the leading high-performing crypto exchanges, has announced to list LEASH and BONE on its spot market. From February 10, 2022at noon (UTC) platform will support the deposit and withdrawal of the two listed tokens. LEASH/USDT and BONE/USDT trading pairs will be available simultaneously on bit.com.
LEASH and BONE are part of the Shiba Inu ecosystem
In 2021, Shibu Inu “barked” the most, becoming the dog-themed crypto’s alpha. Shiba INU (SHIB), Leash (Leash), and Bone (Bone) are the three tokens that make up the Shiba Inu ecosystem (BONE). The Shiba Inu ecosystem’s most significant component is the SHIB token. LEASH and BONE are part of the Shiba Inu ecosystem, one of the most popular meme coins. LEASH, also known as “Doge Killer,” is designed to incentivize liquidity providers (LPs). Created initially as a rebase token (stablecoin), it is now “released” from any underpinning asset. BONE is touted as the potential governance DAO token for Shiba Inu’s community, the very aptly named ShibaArmy. “It may seem bizarre to many serious investors how meme tokens can easily grab the spotlight in crypto space. However, I would argue that these meme tokens explored another frontier of community movement, amassed by collective fondness, developed by community creativity, and contributed to by borderless participants. All of whom are utterly spontaneous and full of surprises.” noted Toya Zhang, Chief Marketing Officer of bit.com.
Bit.com to Launch Crypto Economy’s First Bitcoin Cash Options Market
Bit.com, a Matrixport derivatives exchange, had announced the launch of the first bitcoin cash perpetual swaps and options on January 21. According to the exchange, there were no options market for bitcoin cash before the product’s launch, and the company feels there is an opportunity for improvement in this area of crypto derivatives. Bit.com is a full-service cryptocurrency exchange founded by Matrixport, a Singapore-based integrated financial services organization. Bit.com has been operating since August 2020, covering BTC, ETH, and BCH endless futures and options products, with a particular focus on being the first to launch BCH options. Bit.com is the second-largest trader in the BTC and ETH options market in terms of volume.