0%

Bitfinex to List Highly Scalable Layer 1 Blockchain Aptos (APT)

Oct 18, 2022 3 min read
News Article Banner Image

Launched in 2021 by former Meta employees Avery Ching and Mo Shaikh Aptos Labs has built its nascent blockchain through its original, Rust-based programming language called “Move.” Designed to be a safe blockchain for its users, Aptos also allows customers to change their private keys at will for increased security. In testing, the Aptos blockchain has been  shown to reach speeds of 125K-150K transactions per second (TPS).

With these capabilities for greater speed and security, Aptos will host decentralized finance (DeFi) projects such as Wormhole, a cross-chain bridge that allows users to transfer assets between layer 1 blockchains; Topaz, an NFT marketplace and Blocto, a popular smart contract wallet.

“We are pleased to welcome Aptos Labs and APT to our thriving digital token ecosystem,” said Paolo Ardoino, CTO at Bitfinex. “The opportunity to use the blockchain for advancing greater freedom of choice and easier access to financial products and services is a vision that is core to Bitfinex and we are delighted to welcome a project with a similar ethos.”

In July of this year, Aptos Labs closed a $150 million Series A funding round led by Jump Crypto and FTX Ventures. This comes just months after raising $200 million in funding from Tiger Global, a16z, and Multicoin Capital.

Open deposits for APT will be available on 18/10/22. Open trading for APT will be available on 19/10/22 with trading pairs US Dollar (USD) and Tether tokens (USDt).

For access to APT on Bitfinex, customers can visit https://www.bitfinex.com/?refcode=0bC4Lljc.

*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com.

About Bitfinex

Founded in 2012, Bitfinex is a digital asset trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market, and financed trading for a wide selection of digital assets. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.

The post appeared first on Bitfinex blog.

Popular news

How to Set Up and Use Trust Wallet for Binance Smart Chain
#Bitcoin#Bitcoins#Config+2 more tags

How to Set Up and Use Trust Wallet for Binance Smart Chain

Your Essential Guide To Binance Leveraged Tokens

Your Essential Guide To Binance Leveraged Tokens

How to Sell Your Bitcoin Into Cash on Binance (2021 Update)
#Subscriptions

How to Sell Your Bitcoin Into Cash on Binance (2021 Update)

What is Grid Trading? (A Crypto-Futures Guide)

What is Grid Trading? (A Crypto-Futures Guide)

Start trading with Cryptohopper for free!

Free to use - no credit card required

Let's get started
Cryptohopper appCryptohopper app

Disclaimer: Cryptohopper is not a regulated entity. Cryptocurrency bot trading involves substantial risks, and past performance is not indicative of future results. The profits shown in product screenshots are for illustrative purposes and may be exaggerated. Only engage in bot trading if you possess sufficient knowledge or seek guidance from a qualified financial advisor. Under no circumstances shall Cryptohopper accept any liability to any person or entity for (a) any loss or damage, in whole or in part, caused by, arising out of, or in connection with transactions involving our software or (b) any direct, indirect, special, consequential, or incidental damages. Please note that the content available on the Cryptohopper social trading platform is generated by members of the Cryptohopper community and does not constitute advice or recommendations from Cryptohopper or on its behalf. Profits shown on the Markteplace are not indicative of future results. By using Cryptohopper's services, you acknowledge and accept the inherent risks involved in cryptocurrency trading and agree to hold Cryptohopper harmless from any liabilities or losses incurred. It is essential to review and understand our Terms of Service and Risk Disclosure Policy before using our software or engaging in any trading activities. Please consult legal and financial professionals for personalized advice based on your specific circumstances.

©2017 - 2025 Copyright by Cryptohopper™ - All rights reserved.