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Bitfinity Mainnet Launch Details Out With KuCoin Listing Date

Bitfinity Network Surpasses 32 Million Transactions
Bitfinity Network has reached a significant breakthrough, recording over 32 million transactions on its testnet. This achievement underscores the persistent efforts of developers working tirelessly to build and refine the platform. As Bitfinity celebrates this momentous accomplishment, the focus now shifts to an even more significant event—the launch of its highly anticipated mainnet.

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Scheduled for tomorrow, the Bitfinity mainnet launch marks a pivotal step forward in the platform’s journey to revolutionize decentralized finance (DeFi) by integrating Bitcoin with cross-chain capabilities.

Mainnet Launch Details
The official launch of the Bitfinity mainnet is set for November 19, 2024, a development that promises to reshape the crypto landscape for developers and end users alike. This innovative Layer-2 solution is designed to enhance Bitcoin's ecosystem by enabling Ethereum-like smart contracts to operate directly on the Bitcoin network.

Bitfinity leverages the Internet Computer’s Chain-Key Technology, allowing secure and seamless cross-chain asset transfers between Bitcoin, Ethereum, and the Internet Computer Protocol (ICP). This integration unlocks new possibilities for decentralized applications (dApps) and DeFi ecosystems, merging Bitcoin’s unparalleled security with the versatility of smart contracts.

With the mainnet launch, users will gain access to a dedicated Bitfinity wallet, facilitating smooth transactions and interaction with the platform’s ecosystem. This development is expected to accelerate the adoption of Bitfinity tokens ($BTF) across various DeFi applications and use cases.

$BTF Listing on KuCoin
Adding to the excitement, Bitfinity’s native token, $BTF, is set to make its debut on KuCoin, a leading cryptocurrency exchange. Trading for the BTF/USDT pair will officially commence at 10:00 UTC on November 19, 2024, giving investors the opportunity to participate in Bitfinity’s growth from the outset.

Key details about the listing include:

  • Trading Pair: BTF/USDT
  • Deposits: Open now (via the SUI network)
  • Trading Start: November 19, 2024, at 10:00 UTC
  • Withdrawals Start: November 20, 2024, at 10:00 UTC

This listing is anticipated to bolster the liquidity and visibility of $BTF, positioning it as a critical player in the DeFi space.

Rumors of an Airdrop and Wallet Integration
As part of the mainnet launch celebrations, rumors of a potential Bitfinity network airdrop have been circulating. Early supporters and developers could stand to benefit from this initiative, which may distribute $BTF tokens as a reward for their contributions and engagement.

To capitalize on these opportunities, users are encouraged to set up their Bitfinity wallets, ensuring they are well-positioned to access the platform’s features and potential rewards.

About Bitfinity Network
Bitfinity Network is poised to transform the DeFi landscape by bridging Bitcoin with cross-chain assets. As a high-performance Layer-2 solution, it supports Runes and BRC-20 tokens, facilitating fast and efficient transactions with block times of just 2-3 seconds and near-instant finality.

By addressing Bitcoin’s limitations in scalability and functionality, Bitfinity empowers developers to build complex dApps while maintaining the network’s inherent security and decentralization.

Looking Ahead
The combination of the mainnet launch and $BTF listing on KuCoin signals a new era for Bitcoin’s role in decentralized finance. Bitfinity’s groundbreaking approach to Layer-2 solutions, coupled with its seamless cross-chain integration, positions it as a vital player in the expanding DeFi ecosystem.

As the platform gains traction, its innovative features are expected to attract a growing community of developers and users, further solidifying Bitfinity’s position as a leader in blockchain innovation. Tomorrow’s launch marks not just a milestone for Bitfinity, but a transformative moment for the broader cryptocurrency space.


Source: CoinCodex


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Writer @)OXee

OXee is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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