LBank Exchange was founded in 2015 and is registered in the US Virgin Islands. It is one of the leading cryptocurrency trading platforms licensed by the National Futures Association, the Australian Transaction Reporting and Analysis Centre and money service businesses in Canada. LBank Exchange provides secure, professional and convenient cryptocurrency exchange services for trading Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Litecoin (LTC) and other cryptocurrencies, as well as derivatives, network strategy and DeFi mining services for global users.
Today, LBank will list Acala Token (ACA) token, according to an announcement on LBank’s website: “Dear LBank users, ACA (Acala Token) will be listed on LBank at 17:00 on January 29, 2022 (UTC+8), the details are as follows: Trading Pair: ACA/USDT, Deposit Enable: 16:00 on January 28,2022 (UTC+8), Trading Open: 17:00 on January 29, 2022 (UTC+8), and Withdrawal Enable: PENDING (Please refer to the subsequent announcement).”
Acala is the decentralized finance network and liquidity hub of Polkadot. It’s a layer-1 smart contract platform that’s scalable, Ethereum-compatible, and optimized for DeFi with built-in liquidity and ready-made financial applications. With its trustless exchange, decentralized stablecoin (aUSD), DOT Liquid Staking (LDOT), and EVM+, Acala lets developers access the best of Ethereum and the full power of Substrate.
The Acala Dollar (aUSD) is the built-in programmable primitive of the Acala network. aUSD is the Polkadot-native decentralized stablecoin backed by DOT, DOT derivatives and cross-chain assets like BTC.
Besides, Acala’s chain is customized for DeFi and can continue to upgrade without forks to integrate new features requested from developers and its layer-1 platform offers the best of both Ethereum and Substrate environments. Compatible with established tech stacks, tooling, and wallets like MetaMask.
According to CoinMarketCap, the price of Acala Token at the moment of writing this article is US$1,64 with a 24-hour trading volume of US$15.829.622. The current CoinMarketCap ranking of ACA is number 341, with a live market cap of US$113.625.880. The token has a circulating supply of 69.304.481 ACA coins and a maximum supply of 1.000.000.000 ACA coins.The top cryptocurrency exchanges for trading in Acala Token stock are currently OKX, Binance, Bitget, Bybit, and Huobi Global.