Bittrex International Lists Decentralized Storage Project Lambda (LAMB)

    Bittrex International, a secure, reliable and advanced digital asset exchange platform recently announced that LAMB will be listed on the exchange. In a tweet by the official Twitter account of Bittrex International they said :

    “New Listing Update: The Lambda wallet is open, and trading will begin shortly on . For more information about Lambda (LAMB) visit: @Lambdaim $LAMB”

    This LAMB listing is quite beneficial to both LAMB investors as well as traders, showing that the crypto market is a very diverse one and traders and investors not only focus on the traditional digital assets, but also a variety of other promising projects and coins.

    Bittrex is the third crypto exchange that has listed LAMB, after OKEx and

    LAMB Commitments

    Lambda (LAMB), the Ethereum based blockchain infrastructure project, has been listed on these crypto exchanges due to its commitment to providing decentralized applications (DAPPs) with security, reliability and data storage capabilities with unlimited scalability. The LAMB protocol remains the most promising project among similar projects in both application and tech since its launch in 2018.

    Lambda (LAMB) Achievements

    As part of Lambda's (LAMB) international achievements, for the first time ever, LAMB realized as well as published the PoST space-time proof.

    Lambda (LAMB) utilizes the Proof of Space Time (PoST) algorithm to ensure data storage security, and the Lambda Chain applies the Verifiable Random Function (VRF) + the Byzantine Fault Tolerance (BFT) consensus algorithms to ensure the operational reliability and efficiency of the consensus network.

    Other notable achievements of LAMB are

    • Data integrity proof
    • Cross-chain data management
    • Multi-chain data collaborative storage.

    This achievements and growth of Lambda (LAMB) shows its support for protection of data privacy, dynamic data access and efforts in realizing the vision of

    “Return the data value to data users”.

    The top cryptocurrency exchanges in the world only list the most promising and quality projects, Bittrex being one of the top exchanges and listing LAMB indicates the projects complete compliance with all Bittrex requirements and regulations.

    Bittrex Listing Requirements

    Listing on Bittrex requires completion of the following main phases of reviews:

    Preliminary Review: This is an initial review to determine whether a token that seeks to be listed on or Bittrex International should proceed through the full listing process.

    Full Listing Review: This is a more critical review of the project. The exchange requests certain documents in this process, including an executed Non-Disclosure Agreement and Listing Agreement. A committee constituting of Bittrex staff will determine if the project meets their robust criteria, and whether it should be listed on Bittrex International or As part of this review, Bittrex may consult with outside advisors.

    Compliance Review

    As part of the full listing review, a compliance review is carried out which certain aspects are put into consideration, these include:

    • Is the token an innovative application or use case?
    • Blockchain features
    • Usefulness of use cases
    • Market interest
    • Applicants technological experience and reputation
    • Significant improvement over existing blockchain

      And a variety of other considerations.

      The Lambda (LAMB) protocol has met all the above requirements hence its Bittrex listing.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Osahon Okodugha
    Osahon Okodugha
    Osahon Okodugha is a blockchain and financial writer based in Lagos, he is also a published writer with years of experience. He has degrees from the University of Ghana, Legon, and the University of Lagos.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Ethereum (ETH) Price Analysis (February 27)

    • Ethereum greatly follows the downward trend pattern as price is now falling towards the support level. • Bearish scenario is playing out in the...

    Compound Protocol Moves Towards Decentralization With COMP Governance Token Launch

    Compound users will now wield the power to propose and vote for changes to be implemented on the platform. This aligns with their...

    Stellar (XLM) Price Analysis (February 26)

    Key Highlights XLM/USD price worth has been relatively declining in sequential order. The XLM/USD pair has hit a low value of $0.06000. Caution needs...

    21Shares' Short Bitcoin ETP (SBTC) Listed on German Stock Exchange, Boerse Stuttgart

    On February 25, Boerse Stuttgart, the second-largest stock exchange in Germany, announced it had begun listing exchange-traded products (ETP) that are inversed with the...

    Bitcoin (BTC) Price Analysis (February 26)

    Key Highlights BTC/USD market has fallen under selling pressure after a line of range movements. One of the vital bearish restraining points at $9,000...

    Malta Financial Services Authority Addresses The Challenges With Security Token Offerings

    On Tuesday, Malta's Financial Services Authority (MFSA) published a document providing answers to questions relating to security token offerings (STOs) in the country. The watchdog...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.