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May 29, 2022
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BitcoinTrade Lists LUNA, Ethereum’s Rival DeFi Coin

With this new listing, BitcoinTrade exchange has 20 more coins in its portfolio, the most recent being ENS, GRT, DYDX, Merit Circle, Balancer, Tether and Gitcoin.

BitcoinTrade announces the listing of the LUNA cryptocurrency, starting this Wednesday (26). The coin, Blockchain Terra’s native token, is focused on day-to-day payments and seeks to solve the volatility problem of cryptocurrencies. LUNA became one of the market hypes in 2021, accumulating a high of 14000% and becoming the second largest DeFi protocol, behind only Ethereum.

The Terra Blockchain network was developed using Cosmos’ software development kit (SDK), often used for creating stablecoins backed by other fiat currencies. Its launch took place in 2019. Among other coins, the Terra network crypto enters the group called Ethereum Killers, as it proposes to correct errors in this network.

With this listing, BitcoinTrade now has more than 20 different cryptocurrencies in its portfolio. The exchange that values ​​innovation and provides possibilities for its customers to explore the crypto universe again listed several other cryptos in 2021, including ENS, GRT, DYDX, Merit Circle, Balancer, Tether and Gitcoin.

As stated by Henrique Teixeira, Country Manager at BitcoinTrade:

LUNA is one of our first big listings for the year 2022. With its spectacular growth and popularization that we witnessed at the end of last year, it became impossible not to offer it in the portfolio. As we always emphasize, one of the fundamentals of the crypto universe is the principle of freedom, to be a good exchange we need to provide the best options for our users to make good investment choices. Recurring listings, which started in 2021, are expected to continue this year as well. We will have more news later this month.

About BitcoinTrade:

Founded in October 2017, BitcoinTrade is one of the leading cryptocurrency exchanges in Brazil. Its mission is to be the most exceptional digital currency platform, providing innovation and security for its users. Since January 2021, it has been part of Ripio and together they form one of the largest crypto companies in Latin America, with more than 1.5 million users.

Source: Business Partner

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