A Silicon Valley-based blockchain project, TOP Network, will be listed on Coinsuper which is a Hong Kong-based cryptocurrency exchange.
Coinsuper provides users with a secure, compliant and professional digital currency trading experience with the development vision of “connecting the financial world with blockchain”.
Coinsuper was launched in Hong Kong in February 2018 and has more than one million users. It represents one of the first platforms in the industry to support deposit and withdrawal services and transactions in both USD and HKD. Coinsuper’s strategic partners include inter alia, Pantera, ChinaEquity, Ausvic, 8 Decimal, New Focus Auto, Cash Financials, Sky9, Guosheng International, Chunda International and Juntong Capital. 16 leading virtual asset and blockchain institutions form part of the “Coinsuper Club”.
The Company is a top virtual asset trading platform whose leadership is held by former top-notched financial industry veterans and digital asset evangelists. Members of Coinsuper Club will leverage their profound backgrounds in the capital market to craft a reciprocal loop of shared interest.
“Getting listed on Coinsuper will increase the liquidity of TOP token and beef up the confidence of our token holders,”said Steve Wei, founder and CEO of TOP Network. “We’ve been talking to a couple of exchanges since the debut on Huobi Prime. We were impressed by the professional team and fast-growing business of Coinsuper, and decided to get on Coinsuper right before our Mainnet launch.”
Coinsuper users will have access to deposit and withdraw TOP beginning at 12 pm (GMT+8) on June 4 and freely trade TOP against USD and BTC at 5 pm (GMT+8) on June 6. The circulating supply of TOP remains around 2.5 billion, accounting for 12.5% of the total supply.
TOP Network is a decentralized open communication network that provides cloud communication services on the blockchain. It offers secure, low-cost services such as messaging, calling, video, VPN, CDN, IoT data sharing and more. It was founded by a team of financial industry veterans in February 2018, quickly became the largest digital asset exchange in Hong Kong, with over 1.5 million users.
It was developed by the core team and originated from three communication apps. TOP Network is building a high-performance public blockchain platform designed to handle real-world business of any size or volume. Having attracted over 60 million users, these three pre-existing apps will migrate to TOP and generate massive amounts of transaction volume upon the launch of Mainnet scheduled in late June.
TOP Network is powered by innovations including three-layer network, two-layer sharding, two-layer lattice DAG and PBFT-DPoS*, TOP can process several hundred thousand transactions per second on the blockchain. The price of TOP proceeded to climb more than 2770% once freely tradable and the trading volume surpassed that of Bitcoin at $250 million in less than a week, ranking first in terms of volume on Huobi Global.
“We have been conducting a selective process screening out premium projects that can better meet the needs of users on our exchange platform,” said Karen Chen, co-founder and CEO of Coinsuper. “Given the outstanding performance of TOP Network, our customers are eagerly anticipating such a prominent project backed by an experienced, dedicated team.”