LetsExchange / LetsExchange Blog / Users Can Now Swap the WIT Coin on LetsExchange

Users Can Now Swap the WIT Coin on LetsExchange

Jul 25, 2023 2 min read

LetsExchange, an industry-leading exchange listing the largest number of cryptocurrencies in the market, has made the Witnet coin (WIT) available for trading. Users can now swap this cryptocurrency for other 3,900+ digital assets at competitive rates without mandatory registration.

The coin’s issuer, Witnet, a decentralized oracle enabling smart contracts to react to real-world events, is also considering integrating the LetsExchange API into its wallet.

Alex J., Chief Product Officer at LetsExchange, commented: “One of our main goals is to offer our customers the possibility to diversify their investment portfolio. To do so, we regularly make more promising crypto assets available for trading on our platform. We are positive that many customers will be interested in investing in the recently-listed WIT coin.”

Witnet is a layer-1 decentralized oracle network powered and secured by the crypto-economic incentive of the WIT coin. The network was single-purpose built to tackle the blockchain oracle problem of lack of authentic, truthful, and secure data in a closed system like a blockchain. Witnet tackles this problem with its sophisticated consensus algorithm, Proof of Random Eligibility. Witnet is the most secure oracle network in web3 because of its advanced measures to protect DeFi protocols that rely on safe, immutable data feeds in their smart contracts. Witnet oracle secures hundreds of millions in on-chain value.

LetsExchange is an industry-leading platform for crypto-to-crypto swaps, supporting 3,900+ cryptocurrencies. The company is constantly incorporating innovative products and solutions for B2B that impact the market. Individuals and crypto-related businesses can integrate the LetsExchange infrastructure through API, use exchange widgets and buttons, branded Telegram bots, and white-label solutions. Among partners who have already appreciated the quality of LetsExchange toolkits are Trezor, Edge, Exodus, Trustee, SwapSpace, SwapZone, Nano, ARK and Strake Foundation, Beldex, Telos, and many others.

Stay tuned for further updates, crypto guides, and market insights from LetsExchange. You can also follow us on Twitter, Facebook, Reddit, Instagram, LinkedIn, Telegram, and Bitcointalk for first-hand information from our team.