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Home»Business»Crypto
Crypto

rewrite this title Covalent Expands Global Reach with CXT Token Listing on Major Exchanges

July 26, 2024No Comments3 Mins Read
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Summarize this content to 2000 words in 6 paragraphs

The Covalent Network is thrilled to announce the listing of its token, CXT, on several major centralized exchanges. This strategic move significantly enhances the liquidity and accessibility of CXT, marking a pivotal step in the network’s mission to provide robust, decentralized modular data infrastructure tailored for AI and secure, Long-Term Data Availability.Expanding Reach and AccessibilityCovalent’s token, CXT, is now available for trading on the following prominent exchanges:
OKX
HTX
Gate.io
Crypto.com
MEXC
AscendEX
Coinstore
ProBit
The inclusion of CXT on these leading platforms underscores Covalent’s commitment to expanding its reach and providing seamless access to its token for a global audience. These listings enable traders and investors worldwide to engage with CXT, fostering greater staking and delegation participation in the Covalent Network now that the targeted staked amount is ~35% of all circulating tokens.Enhanced Liquidity and OpportunitiesThe listings on these exchanges provide numerous benefits to the Covalent community:
Increased Liquidity: With CXT available on multiple high-volume trading platforms, liquidity will significantly improve, ensuring a more stable and efficient trading environment.
Global Accessibility: Traders and investors from around the world can now easily buy, sell, and trade CXT, promoting broader adoption and engagement.
Reliable Liquidity: These exchanges are renowned for their robust security measures and reliable trading infrastructure, providing users with a safe and trustworthy environment for their transactions.
A New Phase for CovalentThe listing of CXT on these major exchanges marks the beginning of an exciting new chapter for the Covalent Network. By enhancing liquidity and accessibility, Covalent is well-positioned to drive deeper innovation in AI and modular data infrastructure. The increased visibility and trading opportunities will attract new participants, further strengthening the community and accelerating the network’s growth.Community EngagementThe Covalent team extends its gratitude to its community for their unwavering support and active participation. The successful listing on these exchanges is a testament to the collective effort and commitment of the Covalent community. As Covalent continues to innovate and expand, the support and engagement of the community remain crucial to realizing its ambitious vision.About CovalentCovalent is the leading modular data infrastructure layer dedicated to solving major challenges in blockchain and AI, including verifiability, decentralized AI inference, and Long-Term Data Availability. Its large reservoir of structured, verifiable data enhances decentralized training and inference, reducing the risk of manipulated or biased AI models. Additionally, the Covalent Network’s Ethereum Wayback Machine ensures secure, decentralized access to Ethereum’s transaction data. Trusted by over 3,000 leading organizations, Covalent powers AI, DeFi, GameFi, and more with unfettered access to on-chain data from over 230 blockchains.Stay InformedStay tuned for more updates and innovations from Covalent. The future is filled with limitless potential, and these listings are a pivotal step toward realizing Covalent’s ambitious vision. For more information, please visit our website and follow us on social media.Media Contact:Jayen Harrill[email protected]Covalent NetworkOfficial Website | Twitter | Discord | Telegram
Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.

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