TLDR
Coinstore is one of Asia’s top cryptocurrency exchanges.
This integration will make Radix more accessible in the Asia market providing more opportunity for users, builders, and capital to enter the Radix ecosystem.
Radix will join 100+ other tokens listed on the exchange, opening the Radix Ecosystem up to over 9.5 million Coinstore users.
Coinstore, one of Asia’s top cryptocurrency exchanges, has integrated Radix (XRD), significantly expanding access to the Radix Ecosystem for over 9.5 million of Coinstore’s users.
Founded in 2020, Coinstore offers a comprehensive range of services, including over 100 tokens for spot trading, futures trading, Launchpad offerings, and various earning products.
With Coinstore reporting a 24-hour spot trading volume of $349,212,904.18 (according to CoinMarketCap), and 150,000 daily active users, a portion of those users and liquidity could flow into the ecosystem now that Radix is on their platform.
This increased market accessibility is particularly interesting to watch unfold given the increasing interest from the Asian market, where Radix has seen a surge in demand since the launch of the Babylon Mainnet in September 2023. A report by Chainanalysis even backed up that Asia leads the world in crypto adoption, boasting seven of the top 20 countries included in the report.
The growing appetite for Radix within Asia makes this integration with Coinstore a great opportunity for an influx in liquidity and users, positioning Radix to meet that demand head-on. This integration not only adds to the list of marketplaces where Radix can be traded but also provides the fuel to further ignite its adoption across new regions, especially in a market as dynamic and fast-paced as Asia’s expanding crypto space.
You can learn more about Coinstore by visiting their Website, Telegram and X account.
