Cryptocurrency exchange Biconomy has officially listed the SWELL token, the native asset of the liquid staking protocol Swell. The move expands the trading options available on the platform and integrates a key player from the liquid staking sector into its ecosystem.

Direct Staking Now Available for Users

Alongside the token listing, Biconomy has also rolled out staking accessibility for SWELL. This integration allows the exchange’s users to stake their SWELL tokens directly on the platform, providing a streamlined way to participate in the network and earn rewards without needing to transfer assets to an external wallet or protocol.

A Strategic Move for Both Platforms

The new listing is a significant development for both parties. For Swell, it increases the token’s visibility and liquidity by making it available to Biconomy’s user base. For Biconomy, adding SWELL and its associated staking features enhances its service offerings, catering to a growing demand for yield-generating opportunities within the crypto market.