KEY TAKEAWAYS
- Bybit will list Lava Network (LAVA) on its Spot trading platform, with deposits starting January 8, 2025.
- LAVA trading will be available on January 9, 2025, with withdrawals opening the following day.
- The listing will utilize the Arbitrum network, enhancing Bybit’s asset diversity and trading options.
- Lava Network offers a data marketplace rewarding users with tokens from multiple blockchain networks.
Bybit has announced the upcoming listing of Lava Network (LAVA) on its Spot trading platform. The listing process will commence with LAVA deposits opening on January 8, 2025, at 10 AM UTC. The official listing of LAVA is scheduled for January 9, 2025, at 10 AM UTC, followed by the opening of LAVA withdrawals on January 10, 2025, at 10 AM UTC.
Deposits and withdrawals for LAVA will be facilitated through the Arbitrum network. Additionally, LAVA will be available for trading via Spot Grid Bots once it is listed. This development is part of Bybit’s ongoing efforts to expand its range of tradable assets and provide users with diverse trading opportunities.
Understanding Lava Network (LAVA)
Lava Network is a data marketplace designed to enable users to earn tokens from various blockchain networks. The platform allows blockchain networks to create incentive pools, rewarding LAVA stakers and data providers for delivering fast and reliable services. Payments are made in tokens from multiple chains, with over $1 million in tokens such as NEAR and STRK already available.
Lava Network supports over 3 million monthly users and the data infrastructure of more than 40 chains. The platform continues to grow, with new chains and pools added regularly, enhancing its ecosystem and user engagement.
For more details on the listing and Lava Network, visit the official announcement here.
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