LBank Exchange Will List Axelar (WAXL) on May 22, 2023
Road Town, BVI, May 19th, 2023, Chainwire
LBank Exchange, a global digital asset trading platform, will list Axelar (WAXL) on May 22, 2023. For all users of LBank Exchange, the WAXL/USDT trading pair will be officially available for trading at 9:00 UTC on May 22, 2023.
Axelar is a blockchain that connects blockchains, securely connecting all blockchain ecosystems, applications, assets and users to deliver Web3 interoperability. Axelar’s aim is to bridge the blockchain ecosystems and enable applications to communicate frictionlessly across them. Its native token, AXL(listing as ticker “WAXL” in LBank – see below for listing details), will be listed on LBank Exchange at 9:00 UTC on May 22, 2023, with the goal of expanding its global footprint and supporting the realization of its forward-thinking objectives.
Introducing Axelar
Axelar (“AXL”, listing as ticker “WAXL” in LBank – see below for listing details) is a groundbreaking blockchain project that claims to deliver “secure cross-chain communication for Web3.” The project provides a decentralized network and tools to help builders of decentralized applications (dApps) with seamless cross-chain communication through its protocol suite, tools and APIs.
Axelar features three core components – a decentralized network, a software development kit of protocols and APIs, and a set of gateway smart contracts for cross-chain connectivity.
Powered by a decentralized network of validators, anyone can join the network, build on it, or use it. Apps builders can interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake (PoS) consensus mechanism.
About AXL Token
AXL(Listing as ticker “WAXL” in LBank) is the native token of the Axelar network and is used for governance, allowing stakers to exercise governance over proposals, such as a parameter change or protocol upgrade. AXL is also used to pay network transaction fees to validators and tokenholders, but users of the Axelar network do not need to hold the token.
The Axelar native token trades on LBank under the ticker WAXL. On other exchanges, the WAXL ticker may be used to represent the wrapped ERC-20 version of AXL. Please use caution; funds may be lost if tokens are sent to an incompatible address. For more on the difference between the Axelar native token and wrapped versions of the token, click here.
AXL has a total supply of 1 billion (i.e.1,000,000,000) tokens. It will be listed on LBank Exchange as WAXL at 9:00 UTC on May 22, 2023, investors who are interested in Axelar can easily buy and sell it on LBank Exchange by then. The listing of AXL token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about AXL Token
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About LBank
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.
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