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Cryptocurrency News Articles

EverValue Coin (EVAL) Gets Listed on XT.COM Exchange

Oct 07, 2024 at 08:42 pm

The XT exchange has listed EverValue Coin (EVAL), and the EVAL/USDT trading pair is available in the Main Zone.

EverValue Coin (EVAL) Gets Listed on XT.COM Exchange

XT exchange has listed EverValue Coin (EVAL), and the EVAL/USDT trading pair is now available in the Main Zone. While trading is already available for the pair, deposit, and withdrawal will be available on October 12.

EverValue Coin (EVAL) is a new-generation cryptocurrency designed to serve as a long-term holding alternative to Bitcoin. Backed fully by Bitcoin, EVAL has a maximum supply of 21 million coins, mirroring Bitcoin's scarcity.

The asset is built with scarcity in its DNA and has a zero inflation rate, catering perfectly to long-term holders. But unlike Bitcoin, EVAL operates a deflationary mechanism via a smart contract wallet.

Fresh Bitcoin (wBTC) is deposited daily but can only be withdrawn by burning EVAL tokens, increasing the token's value with its Bitcoin backing, which also increases daily. By burning EVAL to unlock profits and a programmed systematic token burn, the system supports continuous growth in value for EVAL.

All Bitcoin deposits in the Burn Vault (EVA’s liquidity reserve) come from mining operations and token sales.

The Burn Mechanism

EVA Group aims to burn 3 million tokens and return the withdrawn wBTC to the Burn Vault in the first year to ensure a stable and appreciating asset base. As new Bitcoins are added to the vault daily, the price of EVAL is guaranteed to increase continuously.

The entire burn mechanism is highly secure, with EVAL's smart contract audited by Hacken, an auditing firm. The codes are also available publicly, allowing transparency for all users.

A New Opportunity

EVAL listing on the XT exchange is a valuable opportunity for the EverValue Coin project and its community. EVAL now has a broader user base, comprising traders and crypto enthusiasts, which is a great way to boost liquidity and foster growth.

XT exchange users can also access innovative, Bitcoin-backed solutions led by EVA. This will potentially advance the integration of smart contracts and deflationary assets.

Commenting on the listing, the CEO of XT Exchange, Albin Warin, said:

“We are thrilled to welcome EverValue Coin to our platform. EVA’s unique model of combining Bitcoin backing with smart contract functionality aligns perfectly with our mission to support forward-thinking and impactful projects. We believe this listing will provide tremendous value to our users and contribute to the evolution of decentralized finance.”

The platform serves more than 7.8 million registered users, has over 1 million monthly active users, 40+ million users in the ecosystem, and more than 800 tokens with 1000+ trading pairs. It offers different trading types, including crypto futures trading, copy trading, and futures grid trading.

Website: https://evervaluecoin.com

Blockchain Explorer: https://arbiscan.io/token/0x45d9831d8751b2325f3dbf48db748723726e1c8c

Whitepaper: https://evervaluecoin.com/white-paper/

Twitter: https://twitter.com/evervaluecoin

Telegram: https://t.me/@EverValueCoin

Original source:zycrypto

Disclaimer:info@kdj.com

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