The Atari Token branches out to new decentralized exchanges and cross-chain networks as it looks to attract new users and decrease transaction costs.
In the rapidly growing world of blockchain technology and cryptocurrency, which continues to grow in mainstream adoption by the day thanks to big-name influencers like Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban, exchange listings are one of the most important factors in helping a project expand its reach and attract new participants into its ecosystem.
One project that has seen significant growth in its exchange availability in the month of July is Atari Token (ATRI), the native cryptocurrency of the Atari Chain and blockchain-powered VCS gaming console developed by Atari Chain Limited, a subsidiary created by classic video game maker Atari in partnership with the UAE based ICICB Group.
To show it means business in establishing its blockchain roots while also acting as a bridge between the old world and the new, the ATRI token is now available on both centralized exchanges (CEX) and decentralized exchanges (DEX) as well as being available on multiple Ethereum layer-two solutions and competitor blockchain networks.
Centralized Exchanges Offer Access To Traditional Financial Routes
Due to the relatively short lifespan of the cryptocurrency sector as a whole, a majority of the world’s population that has reliable banking services exist completely within the legacy financial system and do not yet interact with cryptocurrencies.
As mainstream adoption increases and these novice users look to get involved with projects like the Atari token, centralized exchanges like BitBay, which listed ATRI in early July, offer enhanced security, risk control and KYC services and many also include trading pairs with fiat currencies like the Euro or the U.S. Dollar, granting access to individuals who do not yet hold any cryptocurrency.
The latest centralized exchanges to add ATRI to their list of tradable tokens are
1. Dex-Trade, an exchange that is based in the U.K
2. The Estonia and U.K.-based IndoEx trading platform
3. The Vietnam-based VinDAX exchange.
With increased offerings on multiple CEXs located in different countries from around the world, the reach of ATRI has never been this great and this is still just the beginning.
Decentralized Exchanges Offer Crypto Pros Access Without The Middle Man
Decentralized Finance (DeFi) has been one of the breakout sectors of the cryptocurrency ecosystem over the past year as protocols like Uniswap revolutionized the exchange industry and offered a new level of unfettered access to cryptocurrency projects through a simple app interface.
Since ATRI is an Ethereum-based (ERC20) token, it has been available on some of the most active DEXs in the space including Uniswap and 1inch Exchange, which also offer token holders a way to earn a yield by providing liquidity in return for a percentage of the trading fees.
While Uniswap remains the most popular DEX in terms of active users and 24-hour trading volume, high fees that have plagued the Ethereum (ETH) network have led traders and projects to seek alternative options to the main ETH network in the form of layer-two solutions and competing networks.
The Atari Token signed a strategic partnership with the layer-2 solution Polygon back in February which has enabled the token to operate on Polygon and offer users lower transaction fees and allowed for the creation of the new ATRI pool on the multi-chain capable DEX SushiSwap.
Competing Blockchain Networks Help Expand Access
Decentralized access to ATRI saw a significant increase earlier in July when the token was listed on multiple DEXs, offering a good example of ATRI’s cross-chain capabilities.
ATRI will also be available on the Binance Smart Chain (BSC), an Ethereum competitor that is backed by the largest cryptocurrency exchange by volume in the world Binance, which offers transaction fees that are a fraction of the cost of Ethereum transactions.
This has prompted the team at Atari to launch liquidity pools on PancakeSwap and BakerySwap, two of the top DEXs on the BSC, enabling yet another blockchain network where users can access ATRI in a low fee environment.
With all these new ways for users to access the Atari Token so that they can engage with its expansive ecosystem, the tokens reach has never been greater and its future is looking brighter as the combination of gaming with blockchain technology continues to gain mainstream adoption.
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