Victoria, Seychelles, June 25th, 2024,
Chainwire
Bitget, the leading cryptocurrency exchange and
Web3 company, announced the listing of
Watercoin ecosystem based WATER tokens on PoolX for users to
potentially stake-to-mine benefits. With this, Bitget presents
users a chance to potentially accumulate tokens via staking
avoiding extra costs of purchasing newer tokens. This stake-to-mine
feature is now live with a pool of 40,78,000 WATER tokens for
distribution. The token allocation will be determined by the user's
staked tokens and the mining period has begun from 1 PM UTC, 25th
June, 2024.
PoolX, Bitget's
cutting-edge staking platform, continues to revolutionize the
crypto landscape by distributing rewards hourly based on staked
amounts. Unlike most decentralized staking products, PoolX allows
users to potentially earn popular tokens by staking stable and
trusted cryptocurrencies such as BGB, BTC, ETH and USDT. Since its debut on April 8,
PoolX has launched over 40 selected projects including the recent
hot tokens such as Ethermail (ENT), ArtFi (ARTFI), ZkSync (ZK),
with a total stake amount accumulated to over 1 billion.
Watercoin is the latest trending memecoin on the Solana
blockchain serving a net-positive impact on the real world. The
unique approach sets it apart from typical meme coins by
implementing strategic measures to ensure stability and build trust
within the community. Influencers promoting WATER are committed
through vesting contracts, preventing abrupt sell-offs and ensuring
long-term engagement with the project. Additionally, the absence of
perpetual trading for the first 90 days can potentially create a
stable environment for early holders.
Watercoin ensures fair asset redistribution among its holders
while simultaneously supporting charitable causes. The token offers
a way for holders to contribute to helping others without incurring
personal loss. Additionally, the team is continuously refining
their financial models and marketing strategies to unlock the full
potential of the token. This approach aims to enhance the token's
market performance and broaden its impact, creating value beyond
the typical scope of memecoins.
With a focus on providing users with opportunities to invest in
popular and valuable projects, Bitget is now one of the top 10
crypto spot trading
platforms with over 900 coins and 1000+ pairs. Bitget continues to
lead in the crypto derivatives market, with its Open Interest (OI)
indicator surging past $6 billion last month, securing a
substantial 25% share of the total market. In the past 30 days,
Bitget recorded the highest monthly inflow among all
centralized exchanges, with $1.3 billion in new
capital, strengthening its position as an industry leader.
For more information about WATER tokens on Poolx, users can
visit here.
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 Turkish National athletes
Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş
(Boxing gold medalist) and İlkin Aydın (Volleyball national
team).
For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
Contact
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Bitget
media@bitget.com