Strategic collaboration and integration VNST into Nami Exchange

Dear Nami Community,

In order to increase user convenience when trading, and provide more diverse choices in asset types as trading units, Nami Exchange would like to announce strategic cooperation with the VNST project and integration VNST assets to Nami Exchange trading platform from 2023-09-09 09:00 (UTC)

This is an important milestone for the two sides with the common goal of awakening new potential for the digital asset market and promoting sustainable development for the Blockchain industry in Vietnam.

I. Information about VNST

1.What is VNST?

VNST is a decentralized stablecoin built and developed by the VNST Solutions team.

VNST is a decentralized stablecoin with transparent on-chain data, guaranteed by the stable value of the most popular and reputable stable coins in the global crypto asset market with the goal of solving challenges in stablecoin market in Vietnam, especially related to the transparency of asset reserves.

VNST will be a potential crypto asset, with 3S features - Stability, Speed, and Scalability, ensure the safety for users and make a breakthrough in fiat and cryptocurrencies all over the world.

2. Outstanding features of VNST

Secured and risk management ability

VNST establishes risk management and protects users’ assets through modern and intelligent Blockchain technology. This ensures that transactions and asset management are always kept safe and secure.

Flexible Trading Capability With VNST

Any action with Bitcoin or any form of exchange of Bitcoin with other crypto assets can easily proceed with VNST.

VNST's flexibility in trading and managing crypto assets will contribute to an expanded digital finance system, more convenient and easier for users.

Friendly to Vietnamese users

More than just a stablecoin, VNST plays an important role in being connected to the Vietnamdong (VND) unit.

This is a useful bridge to connect Vietnam’s cryptocurrency financial market to the global market

II. Nami Exchange officially integrates VNST to trading platform

1.Why VNST?

Unique Payment and Transaction System

VNST owns a distinct payment and transaction system, meeting to the demand for using and possessing VNST. This simplifies the trading process, ensuring security and continuity for users when transacting on Nami Exchange.

Expanded Trading Capabilities

The integration of VNST will diversify the range of asset pairs on Nami Exchange, fulfilling the growing trading demands of users. This allows users to have new investment opportunities and optimize their profits.

An Option to Store Stable Value for Users:

The cryptocurrency market always has the potential risks of price fluctuations. VNST is a safety option that allows users to hold their assets over the long term without worrying about unexpected fluctuations.

2. Tradings product integrated VNST on Nami Exchange

Nami Exchange will officially list trading pairs with the VNST token on NAO Futures and Nami Futures from 2023-09-09 09:00 (UTC). Users can own VNST through directly buying from Nami Exchange's deposit and withdrawal partners or mint VNST from the project website, then transfer on-chain to Nami Exchange to start trading Futures with VNST.

III. Deposit and Withdraw VNST

Users can easily own, buy or sell VNST through Deposit and Withdrawal Partners (only for Vietnamese users), refer to: Instructions for direct buy and sell crypto through Deposit and Withdrawal Partners

Alternatively, users can also own VNST through direct minting of VNST from USDT on the project website here, then transfer on-chain VNST to Nami Exchange to start trading, refer to:

Importance Notice:

  • Users need to upgrade the application to the latest version of v2.1.4 (195197) to start trading with VNST
  • All trades using VNST incur commissions according to commission mechanisms for community development partners and deposit and withdrawal partners.
  • VNST Futures trading have initial trading rules that are completely similar to VNDC Futures trading. Any changes will be announced in separate notices.
  • The revenue sharing mechanism from NAO Futures VNST trading will be informed to users and the community later in another announcement.

More information:

(BEP-20): 0x3B26Fb89Eab263cC6CB1E91F611BAe8793F927Ef

Best regards,

Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.

About Nami Exchange

Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 700 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.

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