The Universal Gaming Token has announced their official listing with one of the leading global cryptocurrency exchanges.

SYDNEY, Sept. 26, 2018 /PRNewswire/ -- Australian gaming token PlayChip has announced its official listing on HitBTC, a top-10 cryptocurrency exchange by market cap.

HitBTC is the second major cryptocurrency exchange to list the Australian gaming token following the announcement of its listing on LATOKEN in August. The PlayChip will trade against three pairing options: Bitcoin, Ethereum and USDT (Tether).

On September 24^th, HitBTC was the 6^th ranked cryptocurrency exchange in adjusted volume on coinmarketcap.com, trading over $461 million in daily adjusted volume. Founded in 2013, HitBTC is a global innovative digital asset trading platform with multi-currency support, high liquidity, and over 300 cryptocurrencies listed to trade. HitBTC offers traders a wide range of features such as real-time clearing and cutting-edge order matching algorithms.

The listing is expected to drive high liquidity in the PlayChip token. The PlayChip Ecosystem's one million plus users and instant token utility, combined with the high daily trade volumes of HitBTC, will ensure the PlayChip token has healthy demand and high visibility when it launches on December 19, 2018. The strong and rapidly growing user base of the PlayChip Ecosystem is also expected to drive new user adoption in HitBTC, LATOKEN and other exchanges that list the token.

Listing with a major cryptocurrency exchange is a key part of PlayChip's strategy, according to Head of Blockchain, Luke Lombe.

"The ICO is only part of the battle of successfully taking a blockchain-enabled company to market. Listing on a major exchange platform is critical to the visibility and liquidity of a token, and much of an ICO's ongoing success is predicated on their placement on the right exchanges. We are very fortunate in that a number of major exchanges have been very interested in listing our token."

Sophia Miller from HitBTC's PR team said, "The philosophy of blockchain is based on the pillars of transparency, security, and efficiency, and by partnering with promising high-tech enterprises HitBTC supports these values and encourages further maturing of the industry. Online gaming is another industry to be disrupted by the Blockchain technology, and PlayChip has the potential to generate value for the entire ecosystem."

The PlayChip will be generated on November 30^th 2018, and will list on LATOKEN, HitBTC and the PlayXchange on December 19^th. More exchange listings are in discussion and are expected to be announced prior to this listing date.

The PlayChip is still in its pre-sale until October 31^st, with tokens available at www.playchip.global.  

About PlayChip

PlayChip is the Universal Gaming Token for sports betting, gaming, fantasy sports, and eSports, at the centre of an incentivised, blockchain-enabled sports community and gaming ecosystem. The PlayChip Ecosystem currently consists of eight partner platforms with more than a million users across more than 70 countries. The PlayChip Ecosystem is designed to be secure, scalable, simple to use, and fun, as well as include features to incorporate provable fairness into PlayChip transactions and the partnered gaming platforms, making it the gaming token of choice around the globe.

For more information, please visit:
https://www.playchip.global/

or read the PlayChip Whitepaper:
https://www.playchip.global/wp-content/uploads/2018/08/PlayChip-Technical-Whitepaper.pdf

About PlayUp

PlayUp Limited is a Universal Gaming Platform offering Daily Fantasy Sports, sports and race betting, fantasy stables, eSports, and casino table games. PlayUp Limited is the creator of the PlayChip and operates PlayUp.com, ClassicBet, Draftstars, Betting.Club, TopBetta, MadBookie and 123Gaming. PlayUp Limited will deliver the world's first fully-integrated, blockchain enabled global fantasy sports, online sports betting and gaming ecosystem.

As announced on April 9^th 2018, PlayUp agreed to merge with Mission New Energy Limited MBTMNELF, subject to the approval of the ASX and NASDAQ and regulatory approval requirements. Upon the completion of the merger it is anticipated that the company's securities will seek to re-comply with both ASX and NASDAQ listing rules resulting in the trading of shares on the NASDAQ stock exchange and the ASX.

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SOURCE PlayChip