[PRESS RELEASE – Please Read Disclaimer]
Credefi, the leading FinTech / DeFi protocol connecting crypto lenders with small & medium business borrowers from the traditional economy, is excited to announce that its native CREDI token will be listed on one of the world’s top cryptocurrency exchanges for altcoins, KuCoin, as of 10 AM on December 9, 2021 (UTC).
KuCoin is a major exchange in the crypto market, established in 2017 with more than 400 currencies included in its 750 trading pairs. KuCoin is used by more than 8 million registered users globally and is one of the largest social trading platforms.
Given the great boom and penetration that Credefi has had in the market along with a successful IDO, KuCoin is listing the CREDI token in its CREDI/USDT trading pair from 10 AM on 9 December 2021 (UTC).
Deposits for trading the aforementioned pair will be open from December 7, 2021, at 10 AM (UTC). DeFi enthusiasts, traders, and hodlers will be able to trade as of 10 AM on December 9, 2021 (UTC).
New currency pairs are expected to be introduced on KuCoin and other exchanges in the future, as the CREDI token grows in popularity. Withdrawals will be enabled 24 hours after starting the CREDI/USDT trading pair.
The introduction of the CREDI token to KuCoin forms an integral part of Credefi’s roadmap. The listing represents part of the efforts being made by the team behind Credefi to spread.
After a successful IDO with CardStarter, the listing of the CREDI token on KuCoin is part of the roadmap to increase the presence of Credefi among the huge number of enthusiastic users in the DeFi sector.
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown to become one of the most popular crypto exchanges and already has 8 million registered users across 207 countries and regions around the world.
Credefi is a first-mover hybrid of a FinTech and DeFi solution connecting crypto lenders of stablecoins and SME borrowers from the real economy. Credefi’s platform enables decentralized and secured lending to portfolios of business projects or individual companies, protecting lenders while providing them fixed APY.
The protocol resolves the key challenges that DeFi and TradFi are facing today: DeFi’s inconsistent, fragile yields that evaporate in bear markets and speculative borrowers that are fickle and cannot satisfy DeFi lending supply; as well as the difficulty for SMEs to get TradFi funding at normal interest rates.
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