Dear VirgoCX Users,
VirgoCX will list Synthetix and Kyber Network, and open trading for SNX/CAD and KNC/CAD trading pairs at 10:00 am, July 7, 2021 (EST).
Synthetix is a decentralized finance protocol that provides on-chain exposure to a wide variety of crypto and non-crypto assets. The protocol is based on the Ethereum blockchain and offers users access to highly liquid synthetic assets (synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset.
The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.
About Kyber Network:
Kyber Network is an on-chain liquidity protocol that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DApps, decentralized exchanges (DEXs) and other users easy access to a liquidity pool that provides the best rates.
Risk warning: Cryptocurrency trading is subject to risks. Please read through our Terms of Service for full-risk disclosures.
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