Violet Vallaya
K9 Finance ($KNINE), the liquid staking derivative (LSD) platform for the Shibarium blockchain, is set to land on the CoinW exchange Friday.
The listing marks a significant step for K9 Finance, making its $KNINE token readily available to a wider audience. CoinW boasts a vast user base and industry recognition, providing K9 Finance with a valuable platform to showcase its innovative staking solutions.
Starting at 12:30 UTC, users can deposit, trade, and withdraw KNINE tokens on the CoinW platform. This exciting development opens new avenues for investors to participate in the K9 Finance ecosystem.
“This is a great strategic move by the DAO to give better regional access to $KNINE for our Korean community members and with each new way to purchase KNINE, it gives more opportunity for enhanced liquidity and ease of purchase for new users,” Buzz, the co-founder of K9 Finance, told The Shib Daily.
K9 Finance is a game-changer in the Shibarium landscape. It’s a one-of-a-kind liquid staking derivative platform designed specifically for the Shibarium blockchain. LSDs are innovative financial instruments that allow users to stake their crypto holdings while retaining liquidity.
Why is the CoinW Listing Important?
The CoinW listing signifies a significant milestone for K9 Finance. CoinW boasts a massive user base and global reach, providing KNINE with immense exposure and potential for wider adoption. This increased accessibility could attract new investors and fuel the growth of the K9 Finance project.
Buzz elaborated on his expectations on the impact of the KNINE listing on CoinW in terms of liquidity and user adoption.
“CoinW is a popular exchange in South Korea. By analyzing our Google Analytics for the K9 DAO website, South Korea is a country that is browsing our website a lot to learn about K9 DAO,” Buzz added.
Key Details of the CoinW Listing
- Listing Date: May 24th, 2024
- Deposit Window: May 23rd, 2024, at 12:30 UTC
- Trading Begins: May 24th, 2024, at 12:30 UTC
- Withdrawal Window: Opens May 24th, 2024, at 12:30 UTC
