If you are Thai then you probably should have gotten first hand info on this. 🇹🇭
Bitkub , which is basically the biggest crypto exchange in Thailand, decided to team up with the @Injective Blockchain few days after the First-ever Injective Summit that was held in Bangkok Thailand.
This is a big deal because it shows that Injective isn't just any blockchain; it's becoming a big player that even the top dogs in the crypto market want to work with.
Starting from 13 November 2024 at 02:00 PM (GMT+7), activation of the $INJ deposit and withdrawal for the Injective Network was initiated whilst deposit and withdrawal of $INJ on the $ETH (ERC-20) network was deactivated.
➣ So, what does this mean?
Well, it means that Injective is gaining some serious street credit.
What is it called on GTA ?
Respect ++
Bitkub isn't just throwing their support behind any ol' blockchain; they've chosen Injective for its cool features that make trading and finance easier and safer.
This integration facilitates:
➞ Seamless $INJ Transactions: Bitkub now supports the native Injective chain, allowing for direct transactions with INJ tokens on this blockchain.
➞ Automatic Token Migration: Existing ERC-20 INJ tokens on Bitkub are automatically migrated to the Injective Network at a 1:1 ratio, simplifying the process for users.
➞ Enhanced DeFi Opportunities: This partnership opens up new DeFi tools and trading opportunities for Bitkub users, leveraging Injective's capabilities for derivatives, futures, and other financial instruments.
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This move is seen as a strategic enhancement aimed at improving the functionality and efficiency of trading INJ tokens on the platform, aligning with the operational plans of the INJ token issuer to provide better benefits for customers.
With this integration, #Injective🔥 is stepping into the spotlight, proving it's got what it takes to make waves in the DeFi space.
Stay tuned folks, Stay safe out there, and see you when I see you 😉....
Shimasu 👋🏻🥷🏻