Upbit, the popular cryptocurrency exchange, is all set to surprise the crypto gaming fans by adding support for the $SAND tokens on its channel. The ERC20 utility token is the main utility currency of The Sandbox, the leading blockchain-powered crypto gaming portal catering to the gaming enthusiasts’ requirements. This integration is likely to revolutionize the crypto gaming sector in a big way and will add-on to its popularity in the domain.
According to the blog post, by being the driving utility currency within The Sandbox Metaverse, it will offer an intuitive and interactive experience for gamers. The currency will offer high-end security and transparency to the users by giving them complete control over their creative products. Upbit will aid $SAND owners to open new lucrative opportunities in the sector and give them more chances to increase their income.
The Sandbox is a prominent name in the crypto gaming arena and is widely used for its exemplary range of products and services. It gives the developers complete freedom to design their digital assets, upload them to the channel, and infuse them into the gaming products. The firm’s collaboration with Upbit is how it aspires to achieve its objectives quickly and strengthen its control in the DeFi space. The partnership will pave the way for diverse opportunities and growth of DeFi products in the market and the developers. They will work together to leverage an innovative, creative, and secured interface that will focus on blockchain development and DeFi.
Upbit is a South Korea-based powerful cryptocurrency exchange that supports all the top-rated currencies and offers the best-in-class trading services. The exchange allows speedy and economic transactions on its network protected by the real-time vigilance system and firewall. Upbit wallets are secured by BitGo, which is a leading brand in the crypto world. The crypto trading portal has strategic partnerships with Kakao Pay and Kakao, aiming to bring cryptocurrencies to the mainstream business.
On the other hand, The Sandbox’s native $SAND tokens can be utilized to purchase and sell LAND and game ASSETS easily. The gamers are allowed to monetize their tokens to earn rewards. These tokens can be staked for pooling income along with a right to participate in important decision making of the entity.