The Crypto Exchange Bitget Lists SATOSHIS (SATS) in its innovation zone
Bitget, a crypto exchange specializing in derivatives, announced the listing of SATOSHIS (SATS) from the BRC20 Ordinals ecosystem. The token is available for trading paired with USDT for both Spot and Grid users.
Ordinals is a mechanism of trading smaller units of Bitcoin through the BRC20 chain placed on top of the original Bitcoin blockchain. It defines satoshis (sats) as the atomic unit that can be traded individually on the Bitcoin network. Exactly 100 million units of SATS make up 1 Bitcoin. SATS are numbered based on the mining order, and this number uniquely identifies a SAT as ordinal-verified.
According to the exchange’s announcement, SATS was listed in Bitget’s innovation zone. Users can buy and sell the token in BRC20 and BTC Ecosystems, using debit/credit cards, bank transfers and other multi-currency payment methods on Bitget.
Bitget’s innovation zone is designed for trading and initial listing of new trending tokens with a 60-day valuation period given for all the newly listed pairs in the zone. Bitget states their regular review of these tokens according to their trading volume, liquidity, team, project development, and other criteria to ensure safety and maintain the listing status active.
“The addition of SATS underscores Bitget’s strategic expansion and commitment to broadening investment options for its users. In the first three quarters of 2023, Bitget has notably expanded its spot market offerings with more than 255 new listings, granting exceptional access to highly valuable digital assets within the industry,”
said Gracy Chen, Managing Director at Bitget.