VICTORIA, Seychelles, Dec. 27, 2024 (GLOBE NEWSWIRE) -- The cryptocurrency market continues to grow, and Seychelles is positioning itself as a significant player with multiple recent listings. XT Exchange has announced two exciting new additions to its platform, EMT (EarthMeta) and AUSD (Agora), each offering unique advancements for digital asset trading.
First up is EMT (EarthMeta), which is set to revolutionize the concept of ownership within the Metaverse. Starting January 2, 2025, users will be able to deposit and trade EMT tokens paired with USDT. Specifically, the trading will commence on January 3, following the official deposit time on the 2nd and withdrawals starting on January 4. According to XT Exchange, "We are thrilled to announce EMT (EarthMeta) will be listed on XT!" This innovative platform allows users to own and trade real cities as NFTs, complete with geographic and architectural landmarks. Governor roles within this ecosystem provide exclusive rights for managing these assets, seamlessly blending the virtual with the real.
EMT is being recognized as the driving force behind EarthMeta’s economic framework, facilitating the exchange of virtual assets. The $EMT token not only powers transactions but also enables token holders to participate actively within EarthMeta's Decentralized Autonomous Organization (DAO), influencing decisions and shaping the platform's direction. With its fixed supply, it is poised to sustain its significance within the burgeoning Metaverse.
Meanwhile, the stablecoin AUSD (Agora) is also making its debut on XT Exchange. Agora's flagship product, AUSD, is fully reserved and redeemable at par with US dollars, which offers transparency and security to digital transactions. Agora stresses the importance of trust, stating, "Agora offers a stable, secure, and transparent solution for institutions seeking to engage in blockchain-powered transactions." The reserves backing AUSD are managed externally, ensuring strict adherence to regulatory standards.
The integration of AUSD enhances the XT Exchange ecosystem by providing reliable, regulatory-compliant financial solutions, appealing especially to institutional clients. Trading of the AUSD/USDT pair will commence straightaway without the usual delays, welcoming those eager for stability and efficiency.
Further enriching the trading experience, Bitget Wallet has introduced its groundbreaking Solana limit order feature—setting it apart as the first wallet to do so. This enhancement allows users to automate transactions by placing limit orders for buying or selling assets, mitigating the risks posed by real-time trading. Alvin Kan, COO of Bitget Wallet, highlights the feature, stating, "The launch of Solana limit orders is just the beginning of our vision to transform wallet trading." By automately executing trades at users' preferred price points, it also reduces emotional trading decisions and simplifies the entire process.
Bitget Wallet continues to expand its multichain support, previously applying similar functionalities for Ethereum and Base traders. Users are now empowered to navigate the market without constant monitoring of price movements, which marks another step forward for wallet automation.
The developments from XT Exchange, along with the innovations introduced by Bitget Wallet, indicate strong advancements within the cryptocurrency arena, particularly as Seychelles strives to stay at the forefront of these technological transformations. With promising projects like EMT and AUSD, as well as upgraded trading features, the future of cryptocurrency trading appears rife with opportunity.
These listings highlight Seychelles' growing prominence as a hub for cryptocurrency, inviting attention from both institutional and retail traders eager to explore the possibilities within this dynamic financial ecosystem.
