App users can buy and sell Props on exchanges, starting Jan 27, 2021
Available for trading on popular exchanges Gate.io and KuCoin
US and Canada residents are restricted from trading
The Props Public Benefit Corporation has announced that Props will be listed on two Asia-based crypto exchanges, Gate.io and KuCoin for trading by non-U.S. residents. This is the first time the Props token will be officially traded on exchanges, a much-anticipated moment for millions of international users who have been earning and using Props across multiple popular consumer apps. GSR, one of the most reputable trading firms in the market, will be providing liquidity. GSR works with token issuers, investors, funds, miners, and more than 40 cryptocurrency exchanges around the world.
The partnership with Gate.io and KuCoin will allow users residing outside of the US and Canada, to trade Props for the first time. Power-users of apps recognizing Props, have long been asking for a way to buy and sell Props. We are delighted to be able to announce that non-U.S. users will now be able to do so.
Props top tier investors include Union Square Ventures, Borderless Capital, Hashed, Comcast Ventures, Venrock, Zeev Ventures, CoinFund, GSR, Spice VC, Lvna Capital, Notation Capital, Nirvana Capital and others.
In the lead-up to the launch of Props trading outside the U.S., large transfers of the Props token may be observed. These transfers are for our market making efforts and exchange listing infrastructure work.
About Props
Props is a leading platform for deploying and bootstrapping in-app tokens, allowing apps to increase user loyalty, financially align with users and add a new revenue stream. A half dozen apps have adopted the token and 4 have launched, each with millions or hundreds of thousands of Monthly Active Users. ~8 Million users are holding Props.
Props is backed by Union Square Ventures, Borderless Capital, Hashed, Comcast Ventures, Venrock, Zeev Ventures, CoinFund, GSR, Spice VC, Lvna Capital, Notation Capital, Nirvana Capital and other top tier investors.
About KuCoin
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 6 million registered users from 200+ countries and regions. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
About Gate.io
Gate.io serves the crypto community via no less than 367 markets, including USDT, CNYX, BTC, ETH and time-limited markets. This while more than 100 cryptocurrencies and cryptocurrency pairs are available for trading.
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