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KAS(Kaspa), a PoW Layer-1, Will Be Listed on CoinW Exchange

June 11, 2024 By GlobeNewswire

Dubai, UAE, June 11, 2024 (GLOBE NEWSWIRE) -- CoinW, the world's pioneering cryptocurrency trading platform, will list KSA, a Proof of Work-based Layer-1 network, on the WEB3 Zone. For all CoinW users, the KAS/USDT will be officially available for trading on 11th June 2024, at 10:00 (UTC). Meanwhile, CoinW will also list  KAS x3 ETF, and open KAS3L/USDT & KAS3S/USDT trading pairs. To celebrate the listing of KAS, we are launching the "Join the KAS bounty program: Register & Trade & Retweet" event with a reward pool of 5,000 USDT.


Discover Kaspa (KAS): The Future of Scalable and Instant Transactions

Kaspa is revolutionizing the world of blockchain with its unique implementation of the GhostDAG/PHANTOM protocol, a scalable generalization of the Nakamoto Consensus (Bitcoin consensus). Kaspa's consensus layer supports the world's fastest, open-source, decentralized, and fully scalable Layer-1 network. Built on a robust proof-of-work engine, Kaspa features includes:

1. Instant Transaction Confirmations: With a groundbreaking blockDAG structure, Kaspa supports parallel blocks and instant transaction confirmations, achieving unparalleled speed and scalability.
2. High Security: Kaspa maintains the highest level of security inherent in proof-of-work systems, ensuring the integrity and robustness of its network.
3. Fair and Decentralized Token Distribution: Adhering to a completely fair token distribution model, Kaspa has no pre-mining, no pre-sales, and no central governance. All tokens are mined, ensuring a transparent and fair economic model.

Key Highlights of Kaspa

1. Unprecedented Hash Rate: Kaspa's total network hash rate has surpassed 1.14 PH/s, nearly ten times that of Ethereum Classic (ETC), showcasing strong miner support and future potential.
2. Strong Community Support: With over 1.98 million followers on Twitter and a robust presence on Telegram and Discord, Kaspa enjoys high market recognition and a strong consensus among miners and users alike.
3. Technical Innovations: Recent advancements include the release of the Rusty Kaspa Alpha version, rewritten in Rust to enhance performance, and support for Layer 2 solutions, smart contracts, and DeFi development.

$5,000 USDT Limited-Time Offer for CoinW Community

To celebrate the listing, 5,000 USDT equivalent KAS prize pool will be up for grabs from June 11th, 2024, at 10:00 to June 18th, 2024, at 16:00 (UTC). By participating in events such as registration, trading, and community events, CoinW users have the opportunity to share in a prize pool of $5,000 USDT.  To claim your rewards, please click here.

About CoinW

CoinW is a pioneering crypto trading platform that prioritizes security, transparency, and user-centric principles. With advanced technology, deep liquidity, and a wide range of supported cryptocurrencies, the company has amassed a broad user base to become one of the world’s most secure crypto exchanges. Committed to security, transparency, and compliance, the CoinW exchange upholds the highest regulatory standards and actively contributes to the advancement of the crypto industry. To learn more about CoinW, you can visit the official website, and follow CoinW's Twitter Account, Btok, and Telegram Group.

About KAS(Kaspa)

Kaspa is the world's fastest, open-source, decentralized, and fully scalable Layer-1 network. It is the first blockDAG in the world—a digital ledger supporting parallel blocks and instant transaction confirmations, built on a robust proof-of-work engine with fast, single-second block intervals

CONTACT: marketing(at)coinw.com

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