AscendEX is excited to announce the Listing of the Ariva token (ARV) under the trading pair (ARV/USDT) starting on Feb. 15 at 2 p.m. UTC. Ariva.World represents the new generation of decentralized travel & tourism featuring a portal powered by Binance Smart Chain. ARIVA (ARV) is the token launched by Ariva Co., created for active use in global tourism and travel networks. Users can reserve bookings with, and earn, cryptocurrencies, from both their reservations and content sharing. Ariva aims to disrupt one of the largest industries in the global economy by utilizing $ARV to conduct transactions in the space.
The project’s native token ARV was developed to eliminate the expensive costs of high-volume international high-volume money transfers in the complex world of tourism and travel. One of Ariva’s main goals is to minimize the complexity and difficulty that arises from the use of local currency in the destination country. ARV is designed to be the tourism cryptocurrency of the future that can be spent safely in every country around the globe, eliminating the need to carry cash or debit cards.
ARV is a functional multi-utility token which will be used as the medium of exchange between participants on Ariva.World in a decentralized manner. The goal of introducing ARV is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem of Ariva.World.
The synthetic assets issued by the entire system are all produced by users staking certain collateral. The initial collateral includes CRF, DOT, KSM, BTC and ETH, and the collateral rate depends on the variation of the collateral itself. The project plans to refer to the collateral rate of other projects at the early stage of the project and set the rate between 150% and 800%.
About AscendEX
AscendEX is a global cryptocurrency exchange with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.
