Gleec Coin Gets Liquidity Boost as Trading Debuts on 6 New CEXs

Summary:
• Keen to claim its share of the market, Gleec Coin is launching on six new exchanges and creating partnerships. We discuss all about it.

Gleec Coin trading is about to launch across six new trading venues. The current or soon-to-be exchanges supporting the Gleec ecosystem token include new partners Changelly, Changelly Pro and FMFW.

The additional markets will bring liquidity to the project’s Gleec Card — a Visa card enabling users to spend crypto at real-world locations.

Three new partners, six new listings for GLEEC

Decentralized crypto ecosystem Gleec has announced a series of listings and partnerships with six major exchange platforms. A recent press release states that the move was made to bring additional liquidity to the project’s Gleec Card. The Visa payment card enables users to spend wherever the popular credit and debit card provider is accepted.

The exchanges now partnered with Gleec are Changelly, Changelly Pro and FMFW. Meanwhile, Phemex, MEXC and Choise.com will add GLEEC to their listings.

FMFW exchange Chief Executive Officer Danish Chaudry commented on the partnership:

“Gleec’s mission aligns with our philosophy of aiming to make blockchain available across the world and over a wide range of industries.”

GLEEC trading is already active at Changelly, Changelly Pro and FMFW. It will go live at 12:00 UTC on October 29 on MEXC and at 09:00 UTC on November 9. The date and time of the Choise.com listing are still to be confirmed.

The GLEEC/BTC and GLEEC/USDT liquidity boosts come after Gleec announced another new regulatory license in September. With Estonia’s approval, the platform can operate legally in eight nations, although the extent of its services varies between jurisdictions.

An older crypto making a new name for itself

Despite the fact that even seasoned crypto observers might not have heard of GLEEC, the project has a longer history than many of its counterparts. GLEEC CHAT’s development started in 2015, with the app materializing in 2017. The same year, Gleec started launched the GLEEC BTC exchange platform.

The idea for a token only came about in 2018 when the project launched private sales and ICO mining. This led to the launch of the GLEEC LAB research and development unit in 2019. As highlighted by its recent partnerships, exchange listings and string of regulatory approvals, Gleec remains active in the crypto industry today.

Unfortunately, recent optimistic developments have not yet translated into GLEEC price increases. At $0.047, the asset is down almost 98% from its 2021 high of $2.30, which it interestingly hit in February. Most other crypto assets topped in November last year and have since experienced harsh yet less brutal pullbacks.