We’re listing five new assets: IMX, NEXO, CTSI, CVX and UST

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!