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:
[email protected]
2024-06-07
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up nowRecommended
- Press releaseBitget Announces Winners of Blockchain4Her Bangkok Pitching Competition during DevCon 24' Victoria, Seychelles, 18th November 2024 – Bitget , the leading cryptocurrency exchange and Web3 company, hosted “Pitch n Slay,” in Bangkok on 15th November under a special initiative for its Blockchain4Her program. Organized to provide exposure for female entrepreneurs in the blockchain space, the competition provided grants to the top 3 winners of the competition and has been presented with the opportunity to pitch Foresight Ventures to win seed funding. Built on Bitget’s larger $10 million2024-11-18
- Press releaseBitget Enters the UK, Offering A Broad Range of Tokens Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.Take 2 mins to learn more. Victoria, Seychelles, 12th November 2024 – Bitget, a leading cryptocurrency exchange and Web3 company, has officially re-launched its UK website, in compliance with the Financial Promotions Regime, thereby providing British users with access to an extensive selection of digital assets. With more2024-11-12
- Press releaseBitget hits ATH Trading Volume and Daily Active Traders Amidst Market Surge Victoria, Seychelles, 13th November, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company is proud to announce hitting all-time-high trading volumes, open interest and Daily Active Users. The recent market surge has increased activity on the platform, making it surpass major competitors ranking #3 globally for Futures trading on Coingecko. The overall derivatives trading volume has surged to $1.51 trillion, with a 1.7% increase in the past 24 hours, ac2024-11-13
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