CESS Token to Launch on Major Exchanges
CESS, the native token of the CESS Network, is set to debut on several top exchanges. These include Binance Alpha, KuCoin, and Bitget. An official X post confirms Binance Alpha will be the first to list CESS later today. The exact time is still pending.
Eligible Binance users can redeem Alpha Points for CESS tokens via the Alpha Events page once trading goes live. Details regarding the airdrop mechanism and distribution will be released once trading begins.
Other major exchanges such as Bitget, Gate.io, MEXC, and KuCoin will also begin trading for CESS at 10:00 UTC today. Since the CESS Network’s mainnet has not yet launched, per the latest tokenomics documentation, the token is initially being issued on the BNB Smart Chain (BEP-20 standard).
Other exchanges like Bitget, Gate.io, MEXC, and KuCoin will start trading CESS at 10:00 UTC today. Since the CESS Network’s mainnet hasn’t launched yet, BEP-20 CESS tokens will be swappable 1:1 for native tokens through an official cross-chain bridge after the mainnet launch.
The total supply of CESS will be 10 billion tokens, with an initial circulating supply of 3.5 billion. Around 45% of the total supply is allocated to mining incentives distributed to decentralized storage node operators over a 31-year period, following a halving model every four years.
CESS network is a decentralized cloud infrastructure layer for real-time,privacy-preserving data storage and delivery. Built on Substrate, it supports AI, Web3, and DeSci ecosystems. in December 2023, CESS raised $8 million in a Series A funding round led by DWF Labs, HTX Ventures, Web3 Foundation, and Infinity Ventures Crypto.
