PlayChip, an Australian gaming token, has announced its official listing on crypto exchange giant HitBTC, according to a press release published via PRNewswire on September 26.
HitBTC follows major cryptocurrency exchange LATOKEN in listing the PlayChip in August. According to the release, the Australian gaming token will trade against three pairing options: Bitcoin, Ethereum, and USDT (Tether).
PlayChip is expecting the listing to drive high liquidity in their token. The PlayChip Ecosystem’s more than one million users and instant token utility, together with HitBTC’s high daily trade volumes, will ensure the PlayChip token has a robust demand and high visibility when it launches in December 19 this year.
On the other hand, the strong and rapidly growing user base of the Playchip Ecosystem is reportedly expected to expected new user adoption in HitBTC, LATOKEN, and other exchanges that list PlayChip. According to Luke Lombe, Head of Blockchain, listing with a major crypto exchange is an integral part of PlayChip’s strategy.
“The ICO is only part of the battle of successfully taking a blockchain-enabled company to market. Listing on a major exchange platform is critical to the visibility and liquidity of a token, and much of an ICO’s ongoing success is predicated on their placement on the right exchanges. We are very fortunate in that a number of major exchanges have been very interested in listing our token.”
Sophia Miller from HitBTC’s PR team believes in the philosophy of blockchain and how its is based on the pillars of transparency, security, and efficiency, saying “by partnering with promising high-tech enterprises HitBTC supports these values and encourages further maturing of the industry. Online gaming is another industry to be disrupted by the Blockchain technology, and PlayChip has the potential to generate value for the entire ecosystem.”
PlayChip is set to be generate on November 30, 2018. It will then be listed on HitBTC, LATOKEN, and the PlayXchange on December 19th not long after. The Sydney-based company gave a heads up that more exchange listings are in discussion and are expected to be announced before the listing date.
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