corporate

Luno adds two more coins, Cosmos and Polkadot, to exchange offering

KUALA LUMPUR: Luno, Malaysia's regulated digital asset exchange (DAX), has expanded its coin offerings to 13 coins with the launch of Cosmos (ATOM) and Polkadot (DOT) coins.

It is the first in regulated DAX inMalaysia to launch the two coins.

Cosmos (ATOM) aims to provide a scalable, secure, and interconnected ecosystem for decentralised applications (dApps) and services. With its emphasis on interoperability, scalability, and sovereignty, Cosmos has garnered significant attention from developers, enterprises, and blockchain enthusiasts alike.

Polkadot (DOT) represents a significant advancement in the blockchain space by operating on a unique multi-chain architecture. The platform empowers developers to create customised blockchains, known as parachains, tailored to their specific needs. It unlocks new possibilities for dApps and services, fostering a more interconnected and efficient blockchain ecosystem.

"Luno undertakes a thorough screening process when adding new coins for customers to investor trade, based on stringent technical, regulatory and legal criteria. Luno always recommends that customers do their research and exercise good judgment. Our freely accessible and unbiased education portal, Luno Discover, aids customers in their cryptocurrency journey as they practice responsible investing,"Luno's country manager for Malaysia, Scarlett Chai, said in a statement.

Most Popular
Related Article
Says Stories