ICX has just been listed on one of the most popular cryptocurrency exchanges in the vast Chinese market.
The ICON Foundation announced on Wednesday that people can now deposit, purchase and trade ICON’s native token on BiKi Exchange, a leading cryptocurrency exchange with an especially strong presence in China. The first trading pair listed is ICX/USDT.
Headquartered in Singapore, BiKi is a global cryptocurrency exchange ranked in CoinMarketCap’s top 20. Since officially opening in August 2018, the exchange has been one of the fastest-growing in the world with an accumulated 2 million registered users, 200,000 daily active users, over 2,000 community partners and 200,000 community members.
“BiKi is a leading exchange in a very important market and we’re very excited to partner with them as we expand our growing ecosystem,” explained ICON Foundation Council member Min Kim. “We look forward to collaborating significantly as we increase our reach globally and as BiKi expands into Korea.”
BiKi is looking forward to the relationship, too. Ethan Ng, Southeast Asia CEO of BiKi, said, “We are equally excited to be partnering with ICON and look forward to growing both our businesses in new and existing markets.”
ICON’s new partnership with BiKi will likely expand the network’s reach outside of its home market of Korea, especially in China and other Asian markets, where it already enjoys strong support. Nearly 30 percent of ICON’s P-Reps are in Asia, with eight in China alone.