Hoo.com will list ELK (Elk Finance) on April 12

Starting April 12 at 7:00 AM UTC, Hoo.com, a cryptocurrency platform based in Hong Kong, will list an ELK-USDT trading pair on Hoo Exchange. Elk Finance (ELK) is a cross-chain value transfer protocol that aims to break down barriers between blockchains. Elk’s cross-chain trading platform, which is currently deployed among 16 networks, added support for Hoo Smart Chain (HSC) on October 23, 2021.

The listing on Hoo.com will make the ELK token available for investors on a leading global cryptocurrency exchange for the first time, forging a link between the Hoo.com trading platform and the decentralized HSC network. Hoo.com will initially provide support between three networks for deposits and withdraws of ELK: HSC, Polygon, and Binance Smart Chain (BSC).

Hoo.com initially launched as a cryptocurrency wallet in 2017. Since 2019, the Hoo Exchange has facilitated millions in daily trade volume among dozens of leading cryptoassets. Hoo.com supports a full suite of order-book trading services as well as a “Quick Trade” feature for instant trades.

How to Transfer ELK to Hoo.com

ELK can be bought through the Elk Finance web app (https://app.elk.finance) on 16 decentralized networks running on the Ethereum Virtual Machine (EVM):

• Binance Smart Chain (BSC)
• Avalanche
• Polygon
• Cronos
• Fantom
• Gnosis (formerly xDai)
• Huobi ECO Chain (HECO)
• Hoo Smart Chain (HSC)
• Telos
• Fuse
• IoTeX
• KuCoin Community Chain (KCC)
• Harmony One
• Elastos
• OKX (formerly OKEx)
• Moonriver

The Elk Finance web app supports multiple web wallets (MetaMask, Coin98, TrustWallet, TokenPocket, Wallet Connect, etc.). Users can swap the network’s native gas token alongside various other tokens for ELK. Once ELK has been purchased, it can be securely bridged to BSC, HSC, or Polygon from any of the other networks via the ElkNet multi-chain router (https://app.elk.finance/#/elknet). From there, ELK can be pulled directly from the user’s web wallet to their Hoo.exchange deposit address.

The listing will likewise give Hoo.com users convenient access to the full Elk multi-chain ecosystem, which currently boasts the most extensive network coverage of any cross-chain protocol. After purchasing ELK, users will be able to withdraw tokens to one of the three connected networks at which point they are able to transfer their tokens freely via ElkNet between any supported network.

The ELK token address is the same on every network: 0xeEeEEb57642040bE42185f49C52F7E9B38f8eeeE

About Hoo.com

Hoo.com is a leading global blockchain assets service platform, aiming to provide safe and reliable assets management and blockchain services to users worldwide. Hoo supports all major digital assets, such as BTC, ETH, EOS, or USDT, along with hundreds of other cryptoassets.

The Hoo exchange allows depositing via bank transfers in six currencies: CNY, USD, KRW, HKD, JPY, and AED.

About Elk Finance

Elk Finance is a peer-to-peer network for cross-chain value transfers. ElkNet, its cutting-edge multi-chain protocol, makes it easy for anyone to move value and exchange cryptocurrencies across blockchains quickly and securely at a low cost. Start exploring the Elk ecosystem today at https://app.elk.finance/.