Yieldly expands its reach with global crypto exchange partner BitMart.
We are excited to announce that Yieldly’s Algorand Standard Asset (ASA)— YLDY — will list on BitMart, a premier global digital asset exchange with USD$730 billion total trading volume. BitMart has been a top 15 crypto exchange for some time now, with liquidity for hundreds of digital assets. The fresh new exchange partnership is yet another achievement for the Yieldly community. The result of incredible community support, cutting-edge product achievements, and key contributions to the Algorand ecosystem — all recognized by the Bitmart team.
The listing will offer YLDY/USDT pairs, taking place in three phases:
- Deposit begins: 11:00AM (EST), February 7
- Trading begins: 11:00AM (EST), February 9
- Withdrawal begins 11:00AM (EST), February 10
About BitMart Exchange
BitMart Exchange is a premier global digital asset trading platform, facilitating an impressive daily trading volume of USD$2 billion. Headquartered in the Cayman Islands with branch offices in New York, Hong Kong, Singapore, and South Korea. BitMart currently has over 9 million registered users, with the highest daily trading volume of USD$4 billion. BitMart also offers 800+ trading pairs in the spot market and 150+ trading pairs in futures market — making it a truly exciting asset exchange part for the growing Yieldly community.
Bringing Yieldly to more users than ever before
This YLDY/USDT listing stands to bring even more functionality and exposure for both Yieldly and Algorand. This listing comes at an exciting time, given our 20+ LP Pool Pledge and forthcoming product developments — including our TEAL 5 Migration, Launchpad and more. Having a new on-ramp for users to come into the ecosystem will drive up awareness as well as liquidity. This, in turn, will help to continue to expand the entire network and continue to confirm Yieldly as a powerful player in the DeFi space.
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