Bitfinex to list CELO, Native Token of Celo Blockchain  - Bitfinex blog
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Bitfinex to list CELO, Native Token of Celo Blockchain 

ROAD TOWN, British Virgin Islands – February 13, 2024 – Bitfinex (https://www.bitfinex.com/), a premier digital asset trading platform, announced today that it will list CELO, the native token of the Celo blockchain.

Celo’s principal focus is on scaling Ethereum with innovative, real-world applications. It champions a mobile-first strategy, in recognition of the widespread use of smartphones and its goal of providing universal access to Web3 projects.. Celo says its infrastructure ensures that it can offer low-cost, multi-currency gas fees, supported by an ultralight client for swift transactions. Its ecosystem also aims to support seamless integration of applications, ensuring scalability and avoiding fragmentation. 

Celo says that the CELO token is used for sustaining the integrity of the CELO network and to motivate user engagement. 

“We’re excited to introduce CELO on our exchange. Celo’s focus on scaling Ethereum for real-world applications and its dedication to a digital economy that is accessible to everyone is an important step for mainstream adoption. Today’s announcement furthers our goal of providing our customers with exposure to innovative blockchain projects,” said Henry Child, Head of Tokens at Bitfinex.

The listing of CELO will enable Bitfinex’s customers to trade the token pairs CELO/USD and CELO/USDt.

Deposits for CELO are anticipated to open around 1:30 PM UTC on February 13, subject to network conditions ensuring stable liquidity. Trading is planned to commence from approximately 1:30 PM UTC on February 15, contingent upon the network’s stability and adequate liquidity, with CELO being tradable against US Dollars (CELO/USD) and Tether tokens (CELO/USDt). 

To obtain access to CELO on Bitfinex, customers can visit https://www.bitfinex.com/.

*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com. 

About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.

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