• BTSE

BTSE Launches FRM Spot Market




We are pleased to announce that BTSE will list FRM/USDT beginning today at 3PM UTC



What is the Ferrum Network?


Welcome to Ferrum Network – the first high-speed interoperability network for real-world financial applications.


The Ferrum Network is building a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption with user-friendly products for swapping, staking, and transferring cryptocurrencies. Its cross-chain DAG will enable the transfer of any digital asset in milliseconds for near-zero network fees, unlocking tremendous value for the entire industry.


Ferrum’s non-custodial UniFyre Wallet has already revolutionized the way people send crypto with its “Link Drop” technology, and is transforming the OTC market with risk-free OTC swaps embedded in a shareable link. Ferrum’s Staking-as-a-Service is now used by dozens of projects, and their Token Bridge is the fastest, and most secure means of moving assets between Ethereum and Binance Chain. Look for Ferrum to launch more transformative DeFi technology throughout 2020 and beyond.


What is the FRM Token?


The network is powered by the native Ferrum Network utility token, or FRM. Each transaction requires a nominal of FRM be spent and burned to attach proof to the transaction and as an anti-spamming measure. Spending FRM is necessary to prevent malicious actors from spamming the network and attach proof to the transaction. It will also be used to execute transactions, import/export value, and enable use of our products. Spending FRM burns FRM, so the system inherently limits the supply.


When will funding and trading start?


Deposits and withdrawal will go live September 9th at 3 PM UTC and trading will be

enabled shortly after.

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Our aim is to create a platform that offers you the most enjoyable trading experience. If you have questions or suggestions, please don’t hesitate to reach out to us at feedback@btse.com or DM us on Twitter: @BTSEcom.

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