Venom Expands into India with Dual Listings on WazirX and CoinDCX

Global,
Global,
July
4th,
2024,
Chainwire

Venom
Foundation
is
pleased
to
announce
a
major
milestone
in
its
global
expansion
strategy:
the
listing
of
its
native
token,
$VENOM,
on
two
of
India’s
leading
cryptocurrency
exchanges,
WazirX
and
CoinDCX.
This
pivotal
move
grants
Venom
access
to
a
massive
user
base
in
the
world’s
most
populous
country,
further
driving
the
adoption
and
visibility
of
$VENOM.

“We
are
thrilled
to
announce
the
listing
of
$VENOM
on
WazirX
and
CoinDCX.
This
strategic
move
into
the
Indian
market,
with
access
to
over
30
million
users,
marks
a
significant
milestone
for
Venom.
It
underscores
our
commitment
to
fostering
innovation
and
adoption
in
the
blockchain
space,
paving
the
way
for
greater
engagement
and
growth
in
one
of
the
world’s
most
dynamic
crypto
markets.”
–
Louis
Tsu,
CEO
of
Venom
Foundation

Rajagopal
Menon,
VP
of
Marketing
at
WazirX,
said,
“VENOM
network
has
already
checked
several
boxes
such
as
addressing
scalability
and
transaction
issues
in
the
crypto
ecosystem.
It
has
a
diverse
range
of
partnerships
and
its
ongoing
expansion
showcases
its
popularity
and
burgeoning
user
base.
WazirX
is
excited
to
give
users
the
opportunity
to
trade
this
token.”

India:
A
Key
Market
for
Venom

As
the
global
cryptocurrency
landscape
evolves,
India
has
emerged
as
a
vital
hub
for
blockchain
and
crypto.
With
its
tech-savvy
population
and
rapidly
growing
crypto
community,
India
represents
a
monumental
opportunity
for
Venom
to
expand
its
reach
and
drive
adoption.

Listings
on
WazirX
and
CoinDCX

WazirX:
As
India’s
largest
cryptocurrency
exchange,
WazirX
serves
over
16
million
users.
$VENOM
is
now
available
for
trading
in
USDT
and
INR
pairs.

CoinDCX:
CoinDCX,
another
major
player
in
the
Indian
market,
boasts
over
14
million
users.
$VENOM
is
also
available
for
trading
in
USDT
and
INR
pairs.

Key
Highlights

Vast
User
Reach:
The
combined
user
base
of
over
30
million
on
WazirX
and
CoinDCX
offers
unparalleled
exposure
for
$VENOM
in
India.

Market
Expansion:
These
listings
mark
a
crucial
milestone
in
Venom’s
expansion
strategy,
highlighting
the
explosive
growth
and
adoption
of
$VENOM
in
one
of
the
world’s
fastest-growing
crypto
markets.

Enhanced
Accessibility:
Indian
users
now
have
streamlined
access
to
trade
$VENOM
in
their
local
currency,
fostering
greater
adoption
and
engagement.

Conclusion

The
listings
of
$VENOM
on
WazirX
and
CoinDCX
are
pivotal
steps
in
Venom’s
strategy
to
enhance
its
global
reach
and
liquidity.
These
listings
align
with
the
Venom
Foundation
goal
of
increasing
adoption
and
expanding
it’s
presence
in
the
global
crypto
landscape.

About
Venom

Venom
is
a
cutting-edge
layer-0
and
layer-1
network,
seamlessly
integrating
with
other
independent
networks
through
innovative
Mesh
technology.
Anchored
by
a
masterchain
for
overall
state
and
consensus
management,
Venom
supports
unlimited
autonomous
workchains
for
user
accounts,
smart
contracts,
and
dApps.
Mesh
technology
optimizes
inter-chain
communication,
ensuring
speed
and
scalability.
With
rapid
finality,
comprehensive
security,
stability,
and
user-friendly
interfaces,
Venom
is
ideal
for
hosting
CBDCs
and
large-scale
platforms.
Learn
more
at

https://venom.foundation/

Contact

Venom
Foundation
[email protected]