JUNE 2023 BLOG

KuCoin ST Tagging and Liquidity Boost:

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• The team has been addressing the ST tagging issue with KuCoin.
• KuCoin requested increased trading volume, but they have been unhelpful.
• Upcoming marketing strategies are designed to boost trading volume and liquidity.

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DWF Labs Investment and Ongoing Fundraising:

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• DWF Labs invested in IX Swap last year and acts as market makers.
• Ongoing fundraising has gained traction, attracting investors.

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Expansion into the Korean Market:

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• Entering the Korean market depends on finding suitable partners and addressing technical integration challenges.
• Competition between jurisdictions has boosted STO activity.

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Bug Bounty Program and KYC Bounty:

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• Interesting bugs were discovered, and smart contract audits have been completed.
• The KYC bounty program is starting soon, with influencer partnerships.
• Community support in promoting KYC bounties is encouraged.

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Marketing Initiatives:

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• The team plans to engage influencers and trading groups to boost IX Swap's visibility.
• Initiatives to incentivize community involvement, such as burning IXS tokens, will be launched.
• A Launchpad for security tokens on DeFi is an exciting milestone.

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Future Listings and Stablecoin Pairs:

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• European stablecoin pairings are planned for the platform.
• The team will follow demand for cross-chain integration and wrapped IXS on other chains.

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Leverage Trading on KuCoin:

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• Leverage trading is possible but currently not a priority due to potential risks.
• It may be considered in the future as the platform becomes more stable and established.

Get the full update on our June AMA below:

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