Bitget Announces Listing of Taiko (TAIKO) on PoolX Staking Platform
Press release
Victoria, Seychelles
Jun 7
, 2024 - Bitget, a leading global cryptocurrency exchange, is pleased to announce the
listing of Taiko (TAIKO) on its innovative
PoolX staking platform. PoolX offers investors a unique opportunity to earn rewards for popular tokens through hourly payouts based on their stake holdings. This strategic listing expands Bitget's staking offerings and provides exposure to a high-growth project within the burgeoning Layer 2 ecosystem.
Unlike other DeFi staking products, PoolX empowers users to earn rewards on in-demand tokens by leveraging stable and trusted assets such as USDT and BGB (Bitget's native token). This approach minimizes volatility risk while delivering potentially attractive returns. Since its launch in April 2024, PoolX has established itself as a prominent staking platform, facilitating the listing of over 20 projects and fostering a diverse staking environment for investors.
Bitget's decision to list Taiko on PoolX is grounded in the project's compelling attributes. Notably, Taiko boasts a robust financial foundation, having secured $37 million in funding from prominent industry participants. This financial backing signifies the project's potential for sustained growth and development. Furthermore, Taiko's development of an EVM-equivalent zk rollup Layer 2 network demonstrates exceptional technical expertise. This technology offers the potential for faster transaction processing and reduced fees compared to conventional
blockchains, potentially benefiting both project developers and users.
"We are excited to welcome Taiko to the PoolX platform," said
Gracy Chen, CEO of Bitget. "This listing aligns with our commitment to providing investors with innovative solutions to maximize their returns. By combining PoolX's user-friendly staking mechanism with Taiko's high-growth potential, we empower our users to capitalize on the expanding Layer 2 landscape."
The Taiko project fosters a vibrant and engaged community, further solidifying its position as a rising star within the Layer 2 space. While currently in the testnet phase, the project's upcoming mainnet launch is highly anticipated by the crypto community.
About Bitget
Established in 2018,
Bitget is the world's leading
cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the
Bitget exchange is committed to helping users trade smarter with its pioneering
copy trading feature and other trading solutions. Formerly known as BitKeep,
Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT
Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel
Messi and many more.
For media inquiries, please contact:
media@bitget.com
2024-06-07
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up nowblog.recommend_articles
- Press releaseBitget Pay Launches Globally With Zero-Fees Instant Crypto Payments Victoria, Seychelles, 31st October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has just launched its new payment service for instant crypto transactions called Bitget Pay. The release marks the introduction of a contactless, peer-to-peer crypto payment solution exclusive to the Bitget App. With a growing global interest in digital currencies, as highlighted by Statista data indicating over 250 million blockchain wallets in 2023, Bitget Pay will be utiliz2024-10-31
- Press releaseBitget Named Among Top 12 Finalists for Digital Currency Exchange of the Year at Australia’s 2024 Blockies Awards Victoria, Seychelles, 31st October, 2024 - Bitget the leading crypto exchange and Web3 company has been selected as a finalist in the Digital Currency Exchange (DCE) of the Year category at Australia’s 2024 Blockies Awards. Only 12 finalists were announced for this competitive category among more than 400 registered crypto exchanges in Australia’s $552 million DCE market. The Blockies Awards, officially known as the Australian Blockchain Industry Awards, is an annual event celebrating2024-10-31
- Press releaseBitget's Survey Reveals Some Users Prefer Influencer Videos Over Whitepapers to Make Trading Choices Victoria, Seychelles, 31st October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched a campaign to celebrate Bitcoin's 16th Whitepaper Day, with a scintillating theme “ Who’s Still Reading Whitepapers?”. This initiative seeks to ignite conversations within the crypto community about the current role of whitepapers in blockchain projects and investment decisions. The event is campaigned around the release of Satoshi Nakamoto’s foundational document an2024-10-31
We offer all of your favorite coins!
Buy, hold, and sell popular cryptocurrencies such as BTC, ETH, SOL, DOGE, SHIB, PEPE, the list goes on. Register and trade to receive a 6200 USDT new user gift package!
Trade nowBecome a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now