Crypto exchange Bitvavo expanded its offering in October with a whopping 19 new tokens, bringing the total number of tradable assets to 338. With a mix of DeFi tokens, utility tokens, memecoins and both Layer 1 and Layer 2 solutions, Bitvavo ensures users have access to a diverse portfolio and new investment opportunities.
Below is an overview of the most striking new additions and what these tokens have to offer for investors and blockchain enthusiasts. New users at Bitvavo still receive €10 free crypto after a €10 deposit.
Innovation in blockchain: EigenLayer and XDC Network
Among the new listings, EigenLayer and XDC Network stand out for their focus on scalability and enterprise applications.
EigenLayer, built on the Ethereum blockchain, introduces an innovative concept called “restaking.” This allows users to stake their crypto again, which not only provides governance opportunities, but also provides rewards and can even serve as collateral. This makes EigenLayer attractive to users looking for more engagement and returns on their investments within the Ethereum ecosystem.
XDC Network, on the other hand, focuses specifically on enterprises, especially in the finance and international trade sectors. This Layer-1 blockchain network combines the transparency of a public blockchain with the speed and security of a permission-based system. It is an interesting option for companies looking for a secure, efficient and accessible solution for managing large transactions and business processes.
From memecoins to DeFi: a diverse new offering on Bitvavo
Bitvavo responds to the growing demand for both serious projects and popular memecoins. The exchange now offers a mix of tokens that respond to both financial innovation and community-driven trends.
New DeFi protocols such as Aerodrome Finance (AERO) and Kamino (KMNO) are taking liquidity provision, trading and market creation to the next level. Operating on the Base network, Aerodrome Finance acts as a decentralized exchange and automated market maker. Kamino, on the other hand, offers an all-in-one platform on Solana for providing liquidity and managing loans.
In addition, memecoins such as Moo Deng (MOODENG), Brett (Based) (BRETT) and Turbo (TURBO) are coming onto the market.
Turbo, for example, was born as an experiment where ChatGPT was tasked with designing a “next big memecoin” with a budget of just $69. The project became a reality thanks to the efforts of artist Rhett Mankind.
Popcat (POPCAT), inspired by the viral Oatmeal cat meme, also gives the community a playful investment, while tokens like Neiro (NEIRO) and NPC (Non-Playable Coin) combine elements of NFTs to create unique user experiences.
Blockchain for international trade and cloud computing
In addition to entertainment-oriented tokens, Bitvavo has also added more business applications such as Akash Network (AKT) and Scroll (SCROLL). Akash Network focuses on providing a decentralized marketplace for cloud computing, providing a cost-effective and flexible alternative to traditional cloud providers. Scroll, on the other hand, is a Layer-2 solution on Ethereum’s zkEVM (Zero-Knowledge Ethereum Virtual Machine), which addresses scalability challenges within the Ethereum network.
The list also includes some unique tokens such as Banana Gun (BANANA), which acts as an ecosystem token for a Telegram bot that enables automated and manual trading on the Ethereum and Solana networks.
With the addition of tokens such as Grass (GRASS), which allow users to monetize their unused internet bandwidth, Bitvavo is capitalizing on new digital revenue models and offering users more and more options to create value with their digital assets.
The future of Bitvavo’s growing offering
Bitvavo continues to expand its offering and works closely with its community to listen to the wishes and needs of its users. The demand for new tokens, whether they are practical or playful, indicates that the market is diverse and continues to evolve. Adding tokens from different categories strengthens Bitvavo’s position as a market leader in the Netherlands and offers its users a wide range of opportunities for investments and experiments within the blockchain world.
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Receive 10 euros of free crypto
In collaboration with Bitvavo we are allowed 10 euro gratis cryptocurrency give away to our readers. This is an exclusive collaboration with the largest exchange in the Netherlands. In addition, you can also trade €10,000 completely free on the platform for the first 7 days, this has a value of 25 euros.
Start your crypto adventure with a welcome gift of 10 euros and create your account via the button below. You will find all the conditions of this deal on the promotion page.
