Yieldly Announces Listing on South Korean ProBit Exchange — Yieldly
Yieldly is thrilled to announce that Top 20 crypto exchange ProBit will list YLDY, the native token for Yieldly’s DeFi ecosystem, this month — July 12.
Yieldly’s listing marks the first ASA-based DeFi token to be officially listed on Probit. The initial trading pairs will consist of YLDY/USDT and YLDY/ETH pairings.
DeFi has been a quickly growing market since 2020, but most users have had repeated issues with fees and slow transaction speeds on many of the prominent competing networks. Fortunately, Algorand offers the perfect environment for a new wave of DeFi with its fast and efficient Proof-of-Stake (PoS) blockchain. With Yieldly, users can get involved in DeFi without worrying about getting crushed by the costs of operation. To top it off, with the recent launch of the first Yieldly bridges , the world’s first interoperable bridge from the Algorand ecosystem to the larger DeFi ecosystem, DeFi on Ethereum, Binance, Polygon and others will soon be in reach for all users.
Founded in 2018 by one of South Korea’s largest law firms, Kim & Chang, and by the former founder and CEO of Linux International, ProBit now has more than one million users. ProBit Exchange is one of the top 3 exchanges in South Korea and one of the top 20 exchanges in the world.
ProBit is a secure and reliable exchange. ProBit has not been breached before, and the platform adheres to the highest security standards on its powerful 150,000 orders per second capable of processing exchange.
In addition, the company has completed over 200 IEO rounds and has been consistently ranking among the top 4 offerings in Korea. ProBit boasts almost 1,000 trading pairs, 100,000 community members and over 800,000 unique monthly active users — this is no small step for Yieldly.
Bringing an overall better DeFi experience to South Korea as well as the world is something that Yieldly prides itself on, and now, more people than ever can begin getting involved. So, if users are looking to trade YLDY, stake ASAs or even find a simpler bridge into Ethereum DeFi, this should come as most satisfying news, so get out there and get involved!
About ProBit Exchange
ProBit is a cryptocurrency exchange incorporated in Seychelles (ProBit Global) and South Korea (ProBit Korea) and accepting traders from all over the world. The exchange offers a wide selection of altcoins, DeFi tokens, staking events, low-fee trading and other popular crypto services that are accessible via quick and straightforward email registration. Korean users can participate in fiat trading too, though the platform supports South Korean Won (KRW) trading only. Besides, all fiat traders must verify their identity; however, that is not a requirement for international crypto-to-crypto traders. Overall, the platform has a great design, laudable security measures, and a professional team, that makes it one of the better altcoin exchanges worldwide.
Originally published at https://yieldly.finance on July 6, 2021.
