The team at Orbs officially announced the listing of the ORBS token on KuCoin exchange recently. This strategic partnership enables users the ability to trade ORBS/BTC and ORBS/USDT on KuCoin.
The move is part of Orbs-developed partnership development plan, alongside other announcements of Orbs staking support on Bithumb exchange and Moonstake wallet.
Founded in 2017, Orbs operates as blockchain services with a team of 60 employees.
The company provides blockchain infrastructure based on specific customer needs and builds a public ecosystem.
KuCoin Lists Orbs
The DeFi marketplace gained remarkable popularity as many valuable projects are growing up at the same time. Orbs is one project that demonstrates promising long-term growth potential.
Issued on the Ethereum platform, Orbs is a cryptocurrency token providing blockchain infrastructure as its core service. The blockchain is on a mission to build a solid foundation for mass usage applications in accordance with their business and technology requirements.
All blockchain-based platforms and tokens share one common goal: to create practical solutions that serve our needs and Orbs is not an exception. Orbs focuses on solving some existing issues within the blockchain economy, including low scalability, poor liquidity, and high gas fees.
What is Orbs All About?
The Orbs protocol is designed to solve the current disadvantages regarding the scalability of many blockchain platforms like Ethereum.
It has also created the Liquidity Nexus, which makes liquidity easier to access, and less expensive for the entire ecosystem.
Along with low fees, scalability, and a consistent fee structure, Orbs the Orbs protocol uses a Randomized Proof of Stake (RPoS) mechanism which allows a speedier transactions’ confirmation and a more secure network.
In addition, Orbs applies Virtual Chains technology (virtual chain) to fix the problem of system congestion through flow division.
More Tools for Traders and Investors
Users will have the opportunity to benefit from free exchange transactions, and developers will be able to use the protocol to leverage a wide range of economic models and scenarios.
Since its launch, the project has been able to hit a number of milestones. The Orbs protocol is still in its early stage of development, and the team that is developing the platform is finding a market for its work.
Although there is a lot of competition in the space and many altcoins have been developed, Orbs is taking a unique approach and driving more engagement in the community.
New Solutions for an Expanding Industry
Cross-chain interoperability is also a major feature that the Orbs development team targets. The Liquidity Nexus allows people to access network liquidity at lower rates, as the platform returns any excess fees to the users.
The platform has been developed to solve the problem of how we can share data and information between blockchains one by one while offering a trusted and secure way to address network-specific shortcomings for each blockchain.
With these new ideas and tools, Orbs has a great chance of growing as a platform in the DeFi ecosystem.
Established in 2017, KuCoin is a leading China-based cryptocurrency exchange that currently supports over 300 trading pairs with a long list of different tokens.
Kucoin has shaped itself with the goal of being one of the top crypto exchanges across the borders. Now, anyone that wants to find liquidity for the Orbs token can use KuCoin, and trade in hundreds of other tokens as well.
The number of users registered on KuCoin has reportedly exceeded over 6 million, with the network spanning over 200 countries and regions. The exchange has gained more users after it launched the KuCoin app for iOS and Android.