FTX Exchange Lists Orbs Token (ORBS)

Ran Hammer
Ran Hammer

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6 months ago

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FTX exchange, one of the leading cryptocurrencies exchanges, has officially announced the listing of ORBS, the official native token of the Orbs network. The following trading pairs are now available on FTX Spot and Perpetual Futures: ORBS/USD and ORBS-PERP.

FTX exchange is one of the fastest-growing and most innovative crypto exchanges in the world. Led by top crypto thought leader, Sam Bankman-Fried, FTX has taken the crypto exchange space by storm with the introduction of a unique suite of products such as leveraged tokens, MOVE contracts, tokenized stocks, and more. FTX is among the top five derivatives exchanges by volume, with a strategic investment by Binance exchange. FTX was recently in the news after closing a whopping $135 million deal to name the Miami Heat’s home court the FTX Arena.

The listing follows a series of partnership announcements and project releases by the Orbs team. Orbs was recently listed on KuCoin, a top-tier exchange. Both Bithumb exchange and Moonstake wallet recently announced support for staking of ORBS, Orbs’ official token. In addition, Orbs officially introduced its newest DeFi project: Liquidity Nexus, for bridging the gap between CeFi and DeFi. Lastly, the Orbs project received considerable attention after it recently announced that it was teaming up with other major market players to launch a new accelerator for the DeFi ecosystem.

About FTX

FTX is a cryptocurrency exchange built by traders, for traders. FTX offers innovative products including industry-first derivatives, options, volatility products and leveraged tokens. FTX strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users.

FTX has an all-star team coming from leading Wall Street quant firms and tech companies - Jane Street, Optiver, Susquehanna, Facebook, and Google. The team is led by Sam Bankman-Fried, CEO & Founder of Alameda and then FTX, one of the most influential people in the crypto industry.

For more information, visit https://ftx.com/en

About Orbs

Orbs is a public blockchain infrastructure designed for mass usage applications and providing a complete blockchain stack. Combining scalability, low fees and isolation between virtual chains with a top-grade developer experience, online IDE and smart contracts in familiar languages, Orbs provide developers the perfect mix of performance, cost, security and ease of use. The Orbs protocol is decentralized and executed by a public network of permissionless validators using Proof-of-Stake (PoS) consensus. The Orbs protocol relies on the ORBS token used for the settlement of fees related to app execution and provides the system of incentives used to elect validators (who are referred to as “Guardians”) in a secure and decentralized manner.

Founded in 2017, Orbs is being developed by a dedicated team of more than 30 people out of Tel Aviv, Israel, London, UK, Singapore, Tokyo, Japan and Seoul, South Korea. Orbs was named Gartner's “Cool Vendor in Blockchain Technology” for 2018.

For more information, visit https://www.orbs.com/

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