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Top Exchanges Scramble to List Algorand Assets, OKEx and KuCoin the Latest Entrants


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Leading cryptocurrency exchanges are rushing to add support for assets based on the Algorand blockchain. The recent additions will allow users to deposit and withdraw assets such as Tether (USDT) and USDC using the Algorand protocol. Users will also be able to trade those assets for other cryptocurrencies in a seamless manner.
Assets built on the Algorand network are denoted with the suffix, ASA, to differentiate them from those on other blockchains such as ERC20 for Ethereum and TRC for Tron based tokens. ASA is an acronym for Algorand Standard Asset. This nomenclature helps traders select the protocol they would like to use for deposits and withdrawals. ....

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