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PUBLISH’s NEWS Token Listed on CoinTR, Turkey's Largest Crypto Exchange

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Sonny Kwon reporter

Thu, 11 May 2023, 10:26 am UTC

NEWS token (NEWS) expected to start trading on CoinTR against USDT

PUBLISH, a global technology media company, has announced that the NEWS token (NEWS) will be listed on CoinTR, Turkey's largest cryptocurrency exchange.

The token started trading against USDT at 17:00 on May 11 (KST).

Established in 2022, CoinTR is Turkey's largest cryptocurrency exchange, boasting more than 3.1 million users and a daily trading volume of USD 400 million (approximately KRW 520 billion). According to cryptocurrency data aggregator CoinMarketCap, this trading volume ranks the exchange 35th globally.

NEWS is a utility token that plays a crucial role in the PUBLISH Protocol ecosystem. It is used for minting NFTs (non-fungible tokens) and powers various blockchain-based applications, such as PUBLISHiD, a DID-based service for journalists, and PUBLISHlink, a web widget that rewards news readers in NEWS tokens for reading and sharing articles.

PUBLISH is a global technology media company founded in 2018 in response to declining newspaper revenues and closures. Since its inception, it has developed several blockchain-based solutions for the newspaper industry, including a DID-based press credentialing system for journalist-members of the Journalists Association of Korea and the Korea Internet Newspaper Association.

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