Major exchange Bittrex has launched Mysterium on their platform, introducing MYST token to the global cryptocurrency market.
This listing is an exciting gateway to MYST and unlocks new liquidity for the entire Mysterium ecosystem.
Anyone holding MYST will now be able to receive and store their tokens in their Bittrex wallets.
From 28th January, any Bittrex Global user holding Bitcoin (BTC) or USDT can easily get their hands on some MYST tokens.
The trading pairs available:
BTC <> MYST
USDT <> MYST
Note that users who send their old legacy MYST tokens (unmigrated) to the exchange will LOSE them permanently. Learn how to migrate manually here.
What this means for the community
Internet censorship and surveillance is expected to worsen in 2021. In the second week of January alone, a total internet shutdown was ordered in Uganda, coordinated by the country’s dictatorial leadership, in an attempt to disrupt the nation’s democratic general election.
Mysterium’s peer-to-peer network powers censorship-resistant applications which can give users secure and private access to the internet. We are reinventing the $30 billion VPN industry with this next-generation internet technology.
It helps bypass debilitating blackouts which infringe on our basic human rights, such as freedom of speech and access to information. We’re rewiring the internet from the inside out, creating a new, more secure layer of the internet that cannot be switched off by governments or corporations.
And the MYST token ties it all together.
As we grow and make Mysterium Network an increasingly global platform, we need this native token to also be available and tradeable on a global level.
Though built on Ethereum, we’re a blockchain agnostic project. We want to ensure our community is made up of a diverse range of cryptocurrency users, not just those familiar with Ethereum-based utility tokens.
Making MYST available on a global exchange means we can lower the barrier to entry so our dVPN can be discovered and easily accessible by crypto holders everywhere.
What is MYST?
MYST is the network’s reserve currency. Instead of paying a regular VPN service a monthly subscription to unblock websites and apps, users pay peers (nodes) within the distributed network to connect to their residential IP address. Users can pay with MYST and other major cryptocurrencies, such as Bitcoin (BTC), while nodes easily earn MYST by the minute or hour.
The MYST token does more than transfer value in the network. It acts like digital fuel, powering Mysterium’s various functions and applications, while keeping the network safe from things like DDoS attacks.
Like most other cryptocurrencies, MYST has helped forge new online communities, where global networks like ours can easily share internet resources with each other, such as storage, computing power, and now privacy.
MYST token helps power new decentralised apps and platforms which make up the Web 3.0
What is Bittrex Global?
Bittrex Global is a secure, reliable and advanced digital asset trading platform developed for international (non-USA) customers and built on Bittrex’s cutting-edge technology. This international trading platform provides innovative tokens, while also providing instant trade execution, dependable digital wallets, and industry-leading security practices.
Some main benefits of trading via Bittrex:
Bittrex Global employs the most reliable, effective security technologies available. Security is always their first priority.
Custom-built trading engine
Their custom trading engine was designed to be scalable and to ensure that orders are executed in real-time.
Fast deposits and withdrawals
A highly efficient and automated monitoring platform allows Bittrex to provide users the fastest transactions available today. This includes updates on balance, trade, and holding information.
To help drive innovation in the blockchain industry, Bittrex seeks to provide its users with an ever-growing selection of blockchain technologies and digital tokens, including tokenised stocks of Tesla, Apple and Amazon shares.
MYST trading competition on Bittrex Global
To kick off our launch on Bittrex Global, we’re giving away $15,000 in MYST tokens to our new community of Bittrex users.
The competition will kick off on the 1st of February and run for seven days. It includes three types of promotions, which reward Bittrex users when they trade with MYST. You can read about the trading competition on the Bittrex website.
Note that to participate in this competition you will need a Bittrex Global account. Promotion #1: Trade MYST to win $7,500 in MYST Tokens Promotion #2: Buy MYST to Win $5,000 in MYST Tokens Promotion #3: Sign up for a Bittrex Global account, trade MYST, and get free tokens (Terms and conditions apply, so be sure to read these first on the Bittrex website.)
Uniswap Liquidity Campaign
For those seeking a decentralized trading alternative, we launched the MYST Liquidity Engagement Campaign earlier this month. It rewards liquidity providers for providing liquidity to the MYST/ETH pair on UniSwap.
We have already completed our latest airdrop for participants, with our liquidity pool doubling in size since the beginning of the campaign. So far, participants have received their share of more than 7700 $MYST.
Dive into the dVPN with MYST
Last month we shared details of Mysterium’s testnet upgrade, which came with some exciting new features and functionalities. This includes changes to our node registration flow, updates to My Mysterium Network, a different UI, the ability to earn in 2 networks during the migration, top up VPN apps with your crypto of choice (not just MYST), and the freedom to use our dApp in China!
We have been in stealth mode upgrading a small percentage of our user base and node runners onto Testnet 2.0, to test and learn. Now we’re rolling out Testnet 2.0 to everyone on Mysterium Network.
You can experience the power of our global, decentralized network at your fingertips, using your crypto of choice. Top up your Mysterium dVPN account with Bitcoin, Litecoin, Ether or any other major crypto thanks to our Coingate integration.
Download Mysterium dVPN today and experience some MYST magic for yourself.
With Mysterium dVPN, you’ll get some free test tokens. After you run out of these tokens, you will be prompted to top up with MYST, BTC, LTC or other cryptocurrencies. Download the Mysterium VPN now and try before you buy.