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Cryptocurrency News Articles

HashKey Global Launches Merlin Chain Listing and Rolls Out MERL Prize Pool of 200,000

Apr 17, 2024 at 08:09 pm

HashKey Global, the digital asset exchange of HashKey Group, has announced the listing of Merlin Chain (MERL) with a trading competition offering a prize pool of up to 200,000 MERL for users with a trading volume of over 10,000 USDT. Additionally, users will receive HSK tokens based on their trading volume. MERL deposits open on April 18, 2024, at 10:00 AM UTC, trading of MERL/USDT begins on April 19, 2024, at 10:00 AM UTC, and MERL withdrawals open on April 20, 2024, at 10:00 AM UTC.

HashKey Global Launches Merlin Chain Listing and Rolls Out MERL Prize Pool of 200,000

HashKey Global Announces Merlin Chain Listing and Launches 200,000 MERL Prize Pool

Singapore, April 18, 2024 - HashKey Global, a leading cryptocurrency exchange under the HashKey Group umbrella, has officially listed the Merlin Chain (MERL) token on its platform.

To commemorate this listing, HashKey Global is launching a generous incentive program, offering a prize pool of up to 200,000 MERL tokens to users who meet the required trading volume of 10,000 USDT or more. Additionally, participants will also receive HSK tokens proportional to their trading volume.

The details of the listing are as follows:

  • MERL Deposits Open: April 18, 2024, 10:00 PM (UTC)
  • MERL/USDT Trading Opens: April 19, 2024, 10:00 PM (UTC)
  • MERL Withdrawals Open: April 20, 2024, 10:00 PM (UTC)

Merlin Chain is a Layer-2 scalability solution for Bitcoin that aims to enhance the value of the world's largest cryptocurrency ecosystem through the utilization of zk-Rollups technology, decentralized oracles, and on-chain fraud proofs.

HashKey Global's listing of MERL underscores the exchange's commitment to offering cutting-edge blockchain solutions to its users. This integration paves the way for MERL holders to conveniently trade, swap, and hold their tokens within the HashKey Global ecosystem.

The incentive program is designed to encourage users to explore the benefits of Merlin Chain and contribute to its growth within the HashKey Global community. By providing ample rewards, HashKey Global aims to foster a vibrant trading environment for MERL and support the broader adoption of Layer-2 solutions in the cryptocurrency industry.

HashKey Global's focus on innovation and customer-centricity continues to position it as a trusted and reliable platform for traders and investors alike. The listing of Merlin Chain further solidifies its commitment to empowering the next generation of blockchain projects and shaping the future of digital asset trading.

For more information on MERL listing and incentive details, please refer to HashKey Global's official announcement: [Listing Announcement]

About HashKey Global

HashKey Global is a leading cryptocurrency exchange founded by experienced professionals from traditional finance, blockchain, and the technology industry. Backed by HashKey Group, a global fintech leader, HashKey Global offers a comprehensive suite of trading and investment services to retail and institutional clients worldwide. With a focus on security, compliance, and innovation, HashKey Global empowers users to navigate the complexities of the cryptocurrency market seamlessly and confidently.

About Merlin Chain

Merlin Chain is a Layer-2 solution for Bitcoin that leverages zk-Rollups, decentralized oracles, and on-chain fraud proofs to enhance scalability, security, and cost-effectiveness. By bridging the gap between Bitcoin and Layer-2 solutions, Merlin Chain aims to unlock new possibilities for Bitcoin's growth and adoption in various applications, including decentralized finance (DeFi), gaming, and enterprise solutions.

Disclaimer:

This press release does not constitute investment advice, financial advice, trading advice, or any other sort of advice and should not be treated as such. This press release is for informational purposes only. Do conduct your own due diligence.

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