Jun 2nd 2022 05:17

The first CEX listing of $SHIBARMY

This month, the Shibarmy project will be listed on VinDAX, its first CEX ever! Despite our focus on decentralized exchanges, we decided to take this step for the longevity of our project.

What is VinDAX and why do we go with it?

VinDAX focuses on providing exchange services for digital cryptocurrencies with a high level of security, great efficiency, and a well-optimized trading fee. Serving more than 1.5 million users from all over the world with an average daily trading volume above 150,000,000.00 USD.

We decided to go with it for 3 reasons:

  1. Volume
    We had several moments, where our coin was up 30–60% and barely lacked the volume to be in the top gainers on CMC and CG. A second exchange will help with that.
  2. Easier access for new investors
    Using the BSC to buy $SHIBARMY takes more effort and knowledge than using a CEX. The listing helps us to find more investors and bring them to the smart chain using our products, like P2E or NFTs later.
  3. Affordable
    Our project is fairlaunched and financed via a 1% marketing tax and our products(NFTs and soon P2E). We have to make a lot of decisions depending on that funding and at a price point below 5,000 USD, VinDAX offered the best price for performance by far for us.