Surprise Listing From Giant Stock Exchange, Altcoin’s Price Takes Action!

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Crypto.com digital currency exchange app has surprisingly listed an altcoin that brings privacy and scalability to decentralized finance (DeFi). Following the listing, the altcoin experienced a price movement of about 18 percent.

In a new blog post, Crypto.com announced that users can use USD, EUR, GBP and nearly two dozen fiat currencies. Oasis Network (ROSE) announced that it can buy The description was as follows:

“Oasis Network is the first blockchain platform with privacy features for open finance and a responsible data economy.

Their goal is to fix the high transaction fees and slow throughput that are currently plaguing other layer-1 networks in DeFi.”

The Oasis ecosystem offers query and data control as well as user privacy as a service, leveraging the security of trusted execution environments.

The project’s website includes the following information on how consumers can turn their personal data into money:

“With Tokenized Data, users can earn rewards by staking their data with apps that want to analyze their data or control how their most sensitive information is consumed by the services they use.”

The network’s native service token, ROSE, can be used to pay for staking, delegation, and network transaction fees.

Oasis Network joins a list of over 250 cryptocurrencies and stablecoins powered by the Crypto.com App. ROSE is currently not available in the United States, Canada, Singapore, and Brazil.

The Singapore-based crypto exchange closed 2021 with massive adoption by signing partnerships with several leading sports franchises, including the Los Angeles Lakers, Formula 1 Racing and the UFC.

ROSE, which increased by about 20 percent to the level of $ 0.40 after the listing news, is trading at $ 0.36, with a decrease of about 7 percent during the day at the time of writing. The cryptocurrency, which went from $0.24 on December 20 to its all-time high of $0.45 on New Year’s Day, is at 96th place by market cap and is currently trading 18 percent below its ATH.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.


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