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Hong Kong crypto exchange Coinsuper adds USD-based Solana (SOL) market

Published by CryptoNinjas.net
09/24/2021
Hong Kong crypto exchange Coinsuper adds USD-based Solana market

Coinsuper, a Hong Kong-based crypto exchange company, today announced that due to user suggestions and requirements, it has now added a USD-based Solana (SOL) trading pair in its USD Zone.

To celebrate the launch of SOL/USD, Coinsuper started trading activity with transaction fees of 50% off. During the promotion time, SOL/USD transaction fees for Takers will be 0.1% and 0.07% for Makers.

The promotion schedule will run from September 24th and end on September 30th at 15:00 (GMT+8).

SOL

Solana is a single-chain DPOS protocol that focuses on providing scalability without reducing fragmentation or security. SOL is the token of Solana’s blockchain. Solana uses a DPOS consensus algorithm to incentivize token-holders to verify transactions.

As part of Solana’s security design, all fees are paid in SOL and then burned, reducing the total supply. This deflationary mechanism promotes token holders to take equity stakes, thus improving cybersecurity.

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