Gate.io Launches Spot Trading for Syndicate (SYND) Token

Syndicate (SYND) gains traction as multiple exchanges expand support, with Gate.io launching spot trading and Coinbase preparing a future listing pending technical readiness.

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Summary

Gate.io launched spot trading for Syndicate (SYND) on September 20 at 03:00 (UTC+8). Coinbase Markets also added SYND to its asset listing roadmap and disclosed its Base network contract address. Coinbase stated that trading will begin once market-making support and infrastructure are in place, with further updates to follow.

Terms & Concepts
  • Spot Trading: The purchase or sale of a financial instrument, such as cryptocurrency, for immediate delivery on a specified date.
  • Syndicate (SYND): A cryptocurrency token gaining exchange support, including listings on Gate.io and a planned addition to Coinbase.
  • Base Network: A Layer 2 blockchain network developed by Coinbase to support scalable and secure decentralized applications.