Bitget to List Islamic Coin (ISLM) in the Innovation Zone and Meme Zone - Chainwire

17Jan

Bitget to List Islamic Coin (ISLM) in the Innovation Zone and Meme Zone

Victoria, Seychelles, January 17th, 2024, Chainwire

Bitget, the world’s leading cryptocurrency exchange and Web3 company, announced the listing of Islamic Coin (ISLM) in its Innovation Zone and Meme Zone. The addition of ISLM aligns with Bitget’s commitment to offering users access to cutting-edge and innovative projects, further solidifying its position as a pioneer in the crypto ecosystem.

Islamic Coin (ISLM) is introduced as a digital currency aiming to bridge the gap between modern cryptocurrency technology and the principles of Islamic finance. With a target audience of approximately 2 billion Muslims globally, ISLM is designed with key characteristics complying with Sharia principles. This ethnically-focused digital currency avoids interest charges or payments, uncertain transactions, gambling, and speculative activities, and encourages socially responsible business practices, backed by tangible assets. Moreover, it promotes charitable contributions through a portion of profits.

Gracy Chen, Managing Director of Bitget, stated, “Bitget seeks a good way to support the development of the different blockchains and ecosystems. This project showcases the innovative potential and support for the crypto ecosystem and aligns with our commitment to offering our users access to cutting-edge projects. We want to create a Spot Market with rich choices and excellent quality projects.”

Bitget has established itself as a dominant force in both spot and derivatives trading among centralized exchanges. By continually expanding its market offerings, Bitget aims to provide investment opportunities in popular and valuable projects. In 2023 alone, the platform added over 350 new listings, showcasing its dedication to enriching the digital asset landscape.

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.