FUSE transfers and deposits on the Fuse Networks chain are now possible thanks to AscendEX’s active support for the Fuse RPC. The native coin of the Fuse network is called FUSE. It is required to pay network trading fees. Making sure consumers can simply buy and sell FUSE without going through another blockchain is crucial for increasing acceptance of the Fuse technology stack and the businesses developed on it.
Having FUSE withdrawals and deposits on the Fuse Networks blockchain enabled directly by a significant centralized cryptocurrency exchange is one way to accomplish this objective. The leading CEX AscendEX has turned on FUSE deposits and withdrawals on the Fuse Network.
The FUSE coin was initially launched on the centralized crypto exchange AscendEX in March this year, with preliminary withdrawals and deposits being possible on BNB Network. Since then, trade has indeed been ongoing just on the FUSE-USDT combination.
The AscendEX remote procedure call (RPC) component now supports the Fuse RPC module. As a result, customers can directly withdraw and deposit FUSE tokens from AscendEX on the Fuse System.
By initially eliminating the need to connect FUSE to the Fuse Network, projects and consumers will find it simpler to get FUSE tokens and begin investigating the options offered on Fuse.
Fuse is a decentralized platform and technology stack powered by blockchain that enables decentralized finance and the mainstream adoption of cryptocurrency payments (DeFi). Fuse offers 2-way bridges to Binance Smart Chain as well as ETH.
The project will offer a software layer that enables users and developers to participate in their own freshly made, unique digital ecosystems. With the AMM DEX FuseSwap, Fuse Cash consumer-facing wallet, Fuse Studio, and Fuse Lending Network, Fuse provides businesses, organizations, and individuals with a plug-and-play mobile-centric platform.
AscendEX is a marketplace for exchanging digital assets that are owned and run by the Romanian business AscendEX Technology S.R.L. You accept that you are bound by these conditions that exist between you and the Company, along with any periodic revisions that may be authored by AscendEX, by attempting to access the AscendEX websites, using the AscendEX platform via smartphones, APIs, or even other interconnection paths offered by the Firm, going to sign up for AscendEX and/or going to open an account, or by using AscendEX.
The Company is running a technology platform trade system that allows system users to purchase and sell digital content and various support functions, such as cash/spot trading and leveraged trading, among others.