Bitget Lists Avascriptions (AVAV) on Bitget Innovation and Inscription Zone
Victoria, Seychelles, January 16th, 2024, Chainwire
Bitget, the world’s leading cryptocurrency exchange and Web3 company, announces the listing of Avascriptions (AVAV) on its Innovation and Inscription Zone.
Avascriptions operates as a protocol on the Avalanche blockchain, offering optimized solutions for deploying, inscribing (minting), and trading ASC-20 tokens, a token standard tailored for the Avalanche blockchain. Analogous to Bitcoin Ordinals, ASC-20 introduces a groundbreaking concept, allowing the inscription of arbitrary data on the native token of the blockchain, AVAX.
This newfound capability has sparked a surge in trading activity, reminiscent of the early days of Bitcoin Ordinals. The ASC-20 standard empowers users to deploy, mint, and trade tokens conveniently and securely, revolutionizing smart contract execution on the Avalanche network.
Gracy Chen, Managing Director of Bitget, states: “Bitget seeks a fitting way to support the development of different blockchains and ecosystems. This project underscores our commitment to showcasing innovative potential and extending support for the ecosystem of blockchain and different chains, aligning with our dedication to granting users access to cutting-edge projects. As part of this effort, we aim to create a Spot Market with a wide array of choices and high-quality projects.”
Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges, aiming to provide users with opportunities to invest in prominent and valuable projects. Notably, in the last three quarters of 2023, the platform added over 350 new listings, indicating the company’s commitment to offering users a diverse range of digital assets in its spot market.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
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