MultiversX (EGLD) would now be available to millions of users as the Morningstar Ventures-developed hybrid exchange, EXBI, which recently launched in “public beta,” has added EGLD, the native token of the MultiversX blockchain, to its list of tradable tokens.
The EGLD listing on EXBI held on January 26, 16:00 UTC is expected to be followed by a soon-to-be-announced trading competition aiming to incentivize EGLD trading on the platform and reward the most dedicated traders with a host of EGLD prizes.
First introduced at X Day, EXBI is a Morningstar Ventures-developed hybrid exchange, aiming to combine the advantages of centralized and decentralized exchanges into a single platform.
The MultiversX NFT ecosystem has harnessed creativity and turned it into tools for value exchange and social coordination. Motivated by the values of self-sovereignty, open exploration, and transparency, this dynamic creative environment has grown significantly and presently has more than 1.3 million NFTs issued.
Frontier Wallet has expanded an integration that began to take shape in mid-2020 and introduced support for MultiversX NFTs in its Android app. The most recent iteration of its iOS software is still awaiting approval from the App Store.
11 Million Businesses in Brazil Accept Tether USDT Through SWAPIX
According to a recent announcement on Twitter, 11 million businesses in Brazil now accept Tether USDT through SWAPiX.
SWAPiX is a solution from SmartPay that enables users to quickly convert BRL into USDt via PiX, a payment infrastructure in Brazil. Bitfinex customers can convert USDt within SWAPiX and send BRL through Pix directly to the local banking app.
“SWAPiX is popular in Brazil, and we are delighted to provide our customers in the country with easy access to this fiat on and off-ramp service,” said Paolo Ardoino, CTO at Tether and Bitfinex.
SmartPay’s SWAPiX fiat on and off-ramp service is executed using just a smartphone device and without the need for a bank account, a critical consideration in a country where an estimated 34 million people (almost 1 in 5 adults) still lack access to traditional financial services.
In October 2022, Bitfinex crypto exchange announced it had provided customers in Brazil with a connection to SWAPiX by Smartpay, offering an easy and convenient on-and-off ramp between the Brazilian Real (BRL) and Tether tokens (USDt).
The initiative forms part of Bitfinex’s mission to enhance financial inclusion and promote financial freedom in Brazil and across Latin America.
