The KoinBay Token (KBT) debuted on CoinMarketCap (CMC) on March 21st, closely followed by the KoinBay Exchange itself on March 22nd, marking a pivotal moment for the fast-growing digital asset platform. These milestones highlight KoinBay’s strategic approach to enhancing its market presence in the digital asset space. Importantly, KoinBay reached new heights on April 5th, when transaction volumes on the platform began to be tracked live by CMC, signaling a new era of transparency and real-time data for users.
Market Performance
Following the live tracking of transaction volumes, KoinBay engaged in a remarkable climb of CMC’s exchange rankings from #200 to #163 within a week, fueled by organic growth and active engagement by the KoinBay community. As of 2nd May, the KoinBay exchange has risen to #108 in the rankings, closing its way to making it to the top 100 exchanges by spot transaction volumes if the current growth velocity continues at this pace.
*The rankings of all exchanges on CoinMarketCap alter in real-time, depending on the real-time transaction volumes on them.
KoinBay’s Future Plans
In its quest to provide comprehensive trading options, KoinBay is working to get listed as a Centralized Exchange for Derivatives on CMC as well. This addition will further diversify the trading performance metrics on CMC and strengthen the position of KoinBay on it. Furthermore, the platform is set to introduce more real-time data and graphical representations on the token page soon.
More Information About KoinBay
KoinBay is a centralized cryptocurrency exchange that caters to both beginners and seasoned traders by offering a comprehensive suite of services designed to enhance the crypto trading experience. As a one-stop shop for cryptocurrency enthusiasts, KoinBay provides an array of features, including Staking, DEX Swap, and the ability to buy and sell cryptocurrencies directly using credit cards or bank transfers. Additionally, it extends other services like crypto loans and savings accounts, making it a versatile platform for managing crypto assets efficiently and securely.
| KoinBay Token by the Numbers | |
| Circulating supply | 76.34M KBT |
| Max. supply | 100M KBT |
| Token Contracts | Ethereum |
Source: CMC
Find out more about KBT and KoinBay Exchange.
