Zap Protocol Expands Token Access with New ZAP/USDT Pair on Bitrue
The Zap utility token, providing access to the decentralized Zap protocol, can now be acquired by exchanging Tether (USDT) through a ZAP/USDT pair on the Bitrue marketplace. This is the third Zap pairing made available on the Bitrue digital asset exchange, joining ZAP/BTC and ZAP/XRP markets.
Tether (USDT) is a cryptocurrency anchored to the price of the US Dollar and is the world’s largest stablecoin by market cap. With increasing attention on oracle and decentralized financial (DeFi) products, this new market will help meet the growing demand for truly decentralized products and services.
Bitrue registered in Singapore in 2018 and offers worldwide services to cryptocurrency investors with offices across the United States, Japan, Singapore and Taiwan. The exchange has long been pledging its commitment to the XRP community and ecosystem by constantly building XRP liquidity via a transparent and trusted marketplace. It has been one of the earliest exchanges to adopt XRP as a base currency. Since May of 2019, the Zap utility token has been available for users of Bitrue.
Bitrue provides the following examples as being what sets them apart from other exchanges:
-Senior management team from Capital One and website security experts represent the apex of their professions at the international level.
-Advance Multi-level clustering structure; cold wallet with security system.
-Worldwide offices. We have offices in US, Europe and Asia Pacific. We make our collective knowledge, experience and global network available to our users.
You can follow Bitrue using their official channels:
The Zap Protocol is the first decentralized bonding curve curation market, providing access to data and other tokenized services, having launched onto mainnet January 01, 2019. The protocol provides numerous blockchain and smart contract templates so developers can easily integrate into a permissionless platform which allows them to seamlessly create decentralized applications (Dapps), products, and services.
The Zap protocol and its many use-cases — such as data monetization, tokenization of real estate, and decentralized competitions and other decentralized financial tools — leverage the powerful decentralized tool called a bonding curve. This uses a preset pricing function and algorithmic market making in order to create a fully liquid decentralized exchange to power the templates offering the various tokenized tools and services.
The Zap protocol’s interface and website are currently deep in development. Private access testing is set to begin in the coming weeks. After a successful testing phase and with the eventual release of the new front-end, there will be a continual roll out of releases stemming from current and soon to be announced partnerships.
You can keep up with the latest news by following the official links for the Zap Protocol:
(NEW!) Reddit: r/ZapProtocol
Medium: The Zap Project
GitHub: The Zap Project