We’re listing five new assets: IMX, NEXO, CTSI, CVX and UST
We’re listing the following ERC-20 tokens globally (excluding the U.S. and Singapore):
- IMX – a native, utility token of Immutable X, Ethereum's NFT scaling platform
- NEXO – a utility token of a blockchain-based lending platform Nexo
- CTSI – a utility token of the first operating system for blockchains Cartesi
- CVX – a native token for the DeFi platform Convex Finance
- UST – stablecoin of the Terra blockchain
Here's the listing schedule:
1. Transfer-only mode:
- IMX, NEXO, CTSI, CVX, UST: Monday, March 28
Deposits and withdrawals open but trading is not enabled yet.
2. Post-only mode:
- IMX, NEXO: Tuesday, 29 March, at 7:00 AM UTC
- CTSI, CVX: Wednesday, 30 March, at 7:00 AM UTC
- UST: Thursday, 31 March, at 7:00 AM UTC
You will be able to place and cancel limit orders, but they will not be matched. Therefore, no orders will be completed during this stage.
3. Limit - only mode:
- IMX, NEXO: Tuesday, 29 March, at 11:00 AM UTC
- CTSI, CVX: Wednesday, 30 March, at 11:00 AM UTC
- UST: Thursday, 31 March, at 11:00 AM UTC
Limit orders will be matched.
4. Full trading:
Once the order books gather sufficient liquidity, we will enable all order types and card purchases for the new trading pairs as well.
Follow us on Twitter for real-time updates on the rollout of the new trading pairs.
Here’s a full list of new trading pairs to be added at Bitstamp:
- IMX/USD
- IMX/EUR
- NEXO/USD
- NEXO/EUR
- CTSI/USD
- CTSI/EUR
- CVX/USD
- CVX/EUR
- UST/USD
- UST/EUR
About the assets:
Immutable X (IMX)
IMX is a native token for the first layer-2 scaling solution for NFTs on Ethereum. Built with with STARL zk-rollups Immutable X can circumvent the usual issues with illiquidity, scalability, and fees that NFTs face. IMX functions as a native and utility token that can be used either for staking, paying transaction fees or using voting privileges regarding the future of the project.
Nexo (NEXO)
NEXO is a native token for a blockchain-based lending platform Nexo. With Nexo, users can deposit cryptocurrency as collateral to receive a loan in either fiat or stablecoin. Within this process NEXO token – if locked – grants additional benefits to users such as discounts on interests and dividends from Nexo’s profits.
Cartesi (CTSI)
CTSI is a native token for Cartesi – The Blockchain OS that is a layer-2 infrastructure supporting both Linux and other mainstream software components. It functions as a utility token that can be either used or staked to overcome issues with scalability and dapp inconvenience.
Convex Finance (CVX)
CVX is a DeFi protocol that uses stablecoin exchange Curve Finance to reward liquidity providers and CRV stakers with additional DeFi yields. CVX acts as a utility token for receiving a share of Convex platform fees.
TerraUSD (UST)
UST is a decentralized stablecoin that was created to deliver value to the Terra community. It offers users a high level of scalability, interest rate accuracy, and interchain usage. UST can be used together with LUNA, Terra's non-stablecoin crypto, or as a standalone token.
And that’s all for now! If you want to get in on the action, head over to our website and start trading – there are already over 130 trading pairs lined up!
This webpage has been approved as a financial promotion by Bitstamp UK Limited which is registered with the UK’s Financial Conduct Authority. Please read the Risk Warning Statement before investing. Cryptoassets and cryptoasset services are not regulated by the Financial Conduct Authority. You are unlikely to be protected if something goes wrong. Your investment may go down as well as up. You may be liable to pay Capital Gains Tax on any profits you earn.