trade now
(BTC) Bitcoin News TodayBlockchainDeFiNewsTether (USDT)

DeFiChain’s DFI Token Is Now Listed On

According to DeFiChain, its DFI token is now listed on the platform to enable investors to access the token easily.

DFI Token Now on

In a recent report, DeFiChain revealed that it plans to make its token readily available to investors globally. The platform noted that the latest development is a massive milestone toward expanding the DeFiChain network.

Furthermore, is one of the most prominent crypto exchanges in the world and hosts some of the most popular digital assets on its platform. 

On the other hand, DeFiChain is Bitcoin’s first blockchain. DeFiChain aims to make decentralized finance (DeFi) services accessible to users worldwide. Meanwhile, the DFI Token began trading on on September 26.

However, the exchange plans to make DFI/USDT pair trading possible. Likewise, the platform also hints at making DFI/BTC available in the future.

According to, it intends to list the native DFI token on its platform by mid-October.

DeFiChain’s VP of Marketing, Benjamin Rauch, noted that the firm is delighted to list DFI tokens on With this, more and more people will access the leading DeFi easily.

📰  Bitcoin Dips Further As Crypto Market Closely Mirrors Late 2018

Other crypto exchanges like Huobi, KuCoin, Bybit, and others have also listed the DFI token.

Users of DeFiChain can access its ecosystem from any part of the globe. Holders can use the token to mint or lend to others. In addition, the token can be used as the governance coin for DeFiChain and as a reward currency.

The token comes with multiple use cases. Holders can use it to provide liquidity to several pools or as staking for blockchain consensus. Meanwhile, DeFiChain is a proof-of-stake (PoS) decentralized blockchain. It is a hard fork of the Bitcoin network developed to facilitate robust DeFi protocols.

Boosting DeFi with DeFiChain

The development of DeFiChain looks set to bring innovations to the decentralized finance (DeFi) ecosystem. Investors in the DeFi ecosystem have long desired a platform to access actual stocks through their dApps. 

Before then, investors dumped their crypto assets without accessing the stocks their funds could buy. However, the addition of DeFiChain is set to change the previous ways of investing in the DeFi space.

📰  YellowStoneFX Review - Is YellowStoneFX Scam or Legit?

DeFiChain comes with decentralized assets, which are also known as dTokens. This token is designed to provide investors with natural exposure to the prices of different stocks.

Moreover, the tokens can be minted by anyone after depositing USDT, Bitcoin, USDC, DFI, or DUSD as collateral.

By doing so, users on DeFiChain can purchase a decentralized asset that reflects the actual and intended asset they want. In addition, this will provide them with a suitable medium for trading stocks on decentralized platforms.

Meanwhile, this will allow investors to diversify their portfolios quickly without leaving the decentralized ecosystem. Users can mint tokens with interest depending on the collateral they provide.

DeFiChain is the bridge linking centralized and decentralized systems without affecting the DeFi landscape.

Meanwhile, DeFiChain brings to reality what was seen as challenging to achieve for investors in the DeFi space. produces top quality content exposure for cryptocurrency and blockchain companies and startups. We have provided brand exposure for thousands of companies to date and you can be one of them too! All of our clients appreciate our value / pricing ratio. Contact us if you have any questions: Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

📰  Crypto Lender Celsius Seeks More Time For Restructuring

📰  YellowStoneFX Review - Is YellowStoneFX Scam or Legit?

Shelly Melancon (Switzerland)

Shelly is a cryptocurrency enthusiast from Switzerland, she bought her first crypto in 2015 when it was way less popular then it is today and since 2017 she has been writing about cryptocurrency for online news portals. Shelly is the newest addition to the Tokenhell team, she writes mostly news and reviews related articles , stay tuned to her posts to stay up to date with the crypto world.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Skip to content