Poloniex to partner with Fantom Foundation

Poloniex, a global cryptocurrency exchange, has announced its partnership with the Fantom Foundation to facilitate the overall advancement of its ecosystem. The cryptocurrency exchange aims to support the blockchain by leveraging more resources to develop more decentralized projects and applications on the Fantom platform.

Also, the exchange will support the foundation by providing listings, technical knowledge publications, and anchoring exclusive campaigns.

According to Poloniex General Manager Shaun Scovil, Poloniex strives to contribute to building the industry. It is committed to helping developers and protocols unleash their potential. Ultimately, the company wants to make progress through its commitment to innovations and blockchain technology.

Poloniex Strategic Overhaul

Founded in 2014, Poloniex has grown at lightning speed as a global cryptocurrency exchange. It has millions of clients who trade on its platform to trade cryptocurrencies and other financial or digital assets.

It offers various services such as spot and margin trading, leveraged tokens, perpetual contracts, etc. It currently supports trades for over 300 tokens and 450 market pairs.

In addition, the platform is accessible to users from more than 100 countries worldwide. Moreover, the services are available in different languages ​​such as English, Russian, Turkish and others. Due to his achievements, Poloniex received funding from numerous investors in 2019, including the founder of TRON, His Excellency Justin Sun.

Entering his ninth year, Poloniex repackaged his brand for better performance and interaction in the industry.

As a global platform, Poloniex is also accelerating its expansion into international markets, such as the Commonwealth of Independent States (CIS), Asia-Pacific (APAC), the Middle East and North Africa (MENA) and Latin America (LATAM), to drive overall business growth.

Poloniex also launched its referral Bonanza in March with a reward of up to 100,000 USDT to reward users and further encourage growth. Details

Poloniex proved his new move by his vision to launch a trading system with superior performance. Also, the system learns an advanced API and security. Users will enjoy enhanced performance and unlimited liquidity through unique features and products.

Poloniex’s partnership with Fantom thus comes as a positive sign for centralized exchange participation and support for decentralized projects and innovations.

Fantom response to the collaboration

Commenting on the partnership with Poloniex, Fantom’s CEO Michael Kong expressed his excitement at having Poloniex as their supporter. He said the support for crypto exchanges would increase their inspiration for more innovative projects.

Kong revealed Fantom’s willingness to collaborate on more projects. He added that Fantom’s low cost, security and high speed are advantages for Ethereum developers to grab their projects.

Fantom is a highly scalable, secure, fast and smart contract protocol that has received a lot of attention lately. The high performance shows its capability in blockchain technology. In addition, it is reliable, processes millions of transactions per second and offers a low cost that gives it a competitive advantage over different protocols.

Fantom continues to provide a favorable and intuitive environment for developers and investors within the industry with its outstanding features.

Indeed, there have been several misconceptions surrounding Andre Cronje’s move; this has nothing to do with Fantom’s integrity. Andre was an advisor within the Fantom team and has decided to leave the crypto and decentralized finance space. However, the overall records for Fantom are still impressively high.

Fantom has a market cap of over $3 billion. The price is $1.23 per token, an increase of 3.51% in 24 hours. The total value is $100 million. Fantom is still one of the top cryptocurrencies.

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