In a groundbreaking move to expand its asset accessibility to larger crypto investors, Zest Protocol, a DeFi protocol built for the Bitcoin blockchain, today entered into a strategic collaboration with DigiFinex, a global cryptocurrency exchange platform. The partnership enabled Zest Protocol to launch its native token (ZEST) on DigiFinex’s global crypto exchange, an important milestone for the cryptocurrency and an integration that is set to increase investor confidence in the digital asset.
Zest Protocol is a DeFi platform running on top of the Bitcoin blockchain, aiming to unlock Bitcoin’s full capability by allowing users to earn yield and borrow against their BTC holdings. Using its open-source smart contracts, the Zest Protocol operates an on-chain lending platform that enables Bitcoin users to put their BTC to work by earning more Bitcoin yields through professionally managed lending pools. The platform also allows crypto borrowers to access on-chain Bitcoin loans against their holdings or balance sheet, offering liquidity and flexibility without having to sell their Bitcoin.
ZEST Launches On DigiFinex
The integration above enabled Zest Protocol to list its native token (ZEST) on the DigiFinex exchange, a global centralized and decentralized cryptocurrency exchange headquartered in Singapore and with branches based in Hong Kong, Australia, and the US. Since its establishment in 2017, DigiFinex has continued to function as a centralized and no-KYC exchange that provides various spot, futures, and margin trading services to customers based in more than 180 countries worldwide.
With the collaboration above, the listing of the ZEST token targets global crypto user markets through DigiFinex’s established international presence and strong security network infrastructure. By tapping into DigiFinex’s proven liquidity, customer base, and global market leadership, Zest Protocol is strengthening its ZEST token adoption and usage, deep liquidity, and regulated cross-border distribution.
Zest Token Listing On Binance And KuCoin
The listing of the ZEST token on DigiFinex represents a crucial achievement for Zest Protocol’s Bitcoin DeFi platform that aims to enable users to make their idle BTC work for them by generating profits while also allowing them to utilize their BTC as collateral to borrow funds.
The token listing on the DigiFinex exchange signals the arrival of an interesting new player, ZEST, in the crypto market. Yesterday, on May 19, this new token garnered widespread attention after its launch on the Binance Alpha platform and, consequently, its official listing on the Binance and KuCoin spot markets. Its coming has not only stirred fresh enthusiasm among crypto traders, but also caused a substantial price surge, giving rise to questions about its potential future.
