The Venom Foundation has launched its native token, VENOM, on two of India’s cryptocurrency exchanges, WazirX and CoinDCX. According to officials, this launch broadens Venom’s reach and taps into the vast potential of the Indian market, home to one of the world’s largest and most tech-savvy populations.
Louis Tsu, CEO of Venom Foundation, expressed his enthusiasm about this development. “We are thrilled to announce the listing of VENOM on WazirX and CoinDCX. This strategic move into the Indian market, with access to over 30 million users, marks a significant milestone for Venom. It underscores our commitment to fostering innovation and adoption in the blockchain space, paving the way for greater engagement and growth in one of the world’s most dynamic crypto markets.”
Rajagopal Menon, VP of Marketing at WazirX, highlighted the strengths of the VENOM network. “VENOM network has already checked several boxes, such as addressing scalability and transaction issues in the crypto ecosystem. It has a diverse range of partnerships, and its ongoing expansion showcases its popularity and burgeoning user base. WazirX is excited to give users the opportunity to trade this token.”
Venom Foundation Enters India: India—A Thriving Market for Cryptocurrency
India is increasingly becoming a central hub for blockchain and cryptocurrency innovations, with a rapidly expanding community of crypto enthusiasts. As Venom Foundation enters India through WazirX and CoinDCX, two of the largest crypto platforms in India, it is a strategic step that leverages the country’s robust tech infrastructure and its enthusiasm for new technologies.
Venom Foundation Enters India: New Opportunities Through WazirX and CoinDCX Listings
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WazirX, India’s largest cryptocurrency exchange, now offers VENOM trading pairs with USDT and INR, making it accessible to its 16 million users. CoinDCX, with its 14 million users, also supports trading of VENOM in USDT and INR pairs. This ensures that a vast audience in India can now engage with and invest in VENOM, enhancing its visibility and adoption.
The collaboration with these top exchanges underscores Venom’s vision of expanding its footprint globally while ensuring that its technology reaches as many users as possible. The integration with WazirX and CoinDCX not only boosts VENOM’s liquidity but also its credibility in one of the fastest-growing crypto markets in the world.
Looking Ahead as Venom Foundation Enters India
The listing of VENOM on these platforms is just the beginning of its journey in India. Venom Foundation is dedicated to pushing the boundaries of what blockchain and cryptocurrencies can offer. Venom operates both as a layer-0 and layer-1 network, facilitating seamless integration with other networks through its innovative Mesh technology. This ensures rapid transaction finality and scalability, making Venom a prime candidate for hosting CBDCs (Central Bank Digital Currencies) and substantial digital platforms.
Venom Foundation Enters India: Strategic Expansion
In conclusion, the strategic introduction of VENOM into the Indian market through WazirX and CoinDCX is a pivotal moment for the Venom Foundation. It amplifies the token’s global presence and aligns with Venom’s goal to foster broader adoption and engagement within the crypto space.
With this significant step, Venom Foundation is set to revolutionise the blockchain space in India, offering innovative solutions and opportunities for millions of users eager to engage in the dynamic world of cryptocurrencies.
This expansion into India is a growth strategy and a testament to Venom’s commitment to being at the forefront of blockchain innovation and adoption. The future looks promising, and Venom is well-positioned to be a leader in the global cryptocurrency market.
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