As the decentralized finance (DeFi) industry continues redefining global finance’s future, new projects like Spark are helping connect blockchain technology with real-world use. Spark uses large reserves of stablecoins and puts them to work in DeFi, centralized platforms, and real-world investments.
Spark (SPK), the native token of the rapidly emerging DeFi platform Spark, got officially listed on Bitunix exchange on June 17th. This move comes shortly after Spark’s highly anticipated airdrop event and initial market debut, which gained considerable attention.
In this context, the listing of Spark (SPK) coin on Bitunix reflects both the growing demand for forward-thinking DeFi protocols and Bitunix’s commitment to supporting projects that push the boundaries of blockchain utility and user empowerment.
What is Spark Coin (SPK)?
Spark is a decentralized finance (DeFi) lending and borrowing platform built on Ethereum, designed to make it easy for people to earn interest or take loans using digital assets like DAI, ETH, and USDC. Phoenix Labs created it as part of the MakerDAO ecosystem and focuses especially on the stablecoin DAI.
With Spark, users can deposit their crypto to earn passive income or use it as collateral to borrow other assets. Spark offers a yield-bearing version of DAI called sDAI, and a new stablecoin called USDS, which can also earn interest automatically when converted to sUSDS. Its main lending service, SparkLend, works without middlemen and uses smart contracts to handle loans safely.
The platform also has a built-in liquidity system that helps move funds across other DeFi platforms. The native token of Spark, called SPK, is used for governance, staking, and rewards. Overall, Spark aims to make DeFi simpler, more efficient, and accessible for anyone looking to grow their crypto savings or borrow securely. The price of Spark (SPK) Coin is currently at 0.051 at the time of writing, 53% below its all-time high of $0.12, which was reached on June 17th when the coin was launched via airdrop. This decline could likely be attributed to the post-airdrop sell-off, which has not gone unnoticed.
Where to Buy Spark Coin (SPK)?
Spark (SPK) Coin on the Bitunix exchange, the world’s fastest-growing crypto exchange, known for supporting high-potential crypto assets. Bitunix listed the Spark (SPK) coin on June 17th on its spot and futures market. The exchange provides an intuitive and secure environment for trading over 800 cryptocurrencies, including SPK coin. With competitive fees, deep liquidity, and a user-friendly interface, Bitunix is ideal for both newcomers and advanced traders looking to get exposure to promising tokens like Spark.
https://x.com/BitunixOfficial/status/1934951085246206379
How to Buy Spark Coin (SPK)?
Buying Spark on Bitunix is quick and easy. Here’s a step-by-step guide:
- Create or Log in to Your Bitunix Account
Head to the official Bitunix website. If you’re new, sign up by entering your email and creating a strong password. If you already have an account, simply log in.
- Deposit USDT or Other Supported Crypto
After logging in, visit the “Wallet” section. Select a cryptocurrency like USDT and click “Deposit.” You’ll be given a wallet address. Use this to send funds from another wallet or platform. Once the transaction is confirmed on the blockchain, your funds will appear in your Bitunix wallet.
- Search for SPK/USDT Pair
Go to the “Spot” trading section. Use the search function to find the SPK/USDT trading pair and click to enter the trading page.
- Place a Buy Order for SPK
Pick between a Market Order (buys instantly at the current price) or a Limit Order (sets your preferred price). Enter the amount of USDT you want to use and submit the order. Once the order is filled, your SPK tokens will be credited to your spot wallet.
Bitunix’s security-first approach ensures a safe and reliable trading experience at every step.
