BingX Concludes OVER Launchpool with 90 Million USDT Staking

September 06, 2024 09:34 PM AEST | By Cision

BingX Concludes OVER Launchpool with 90 Million USDT Staking — Image source: Kalkine Media

Recent News

Appen Ltd (ASX: APX) Experiences Significant Share Price Surge

Examining the Possibility of Woodside Shares Delisting from the ASX

Alcoa to Sell $1.6 Billion Saudi Stake in Joint Venture with Ma’aden

Enero Group Appoints Ian Rowden as New Chairman Amid Leadership Change...

VILNIUS, Lithuania, Sept. 6, 2024 /PRNewswire/ -- BingX, a leading cryptocurrency exchange, proudly announces the successful completion of OVER token prize pools on the BingX Launchpool . This event offered users an innovative staking opportunity involving USDT and BTC, allowing them to share in a total prize pool of 400,000 OVER tokens. Over 14,000 BingX users took part, staking more than 90 million USDT in total. This achievement underscores BingX's ongoing commitment to delivering engaging and rewarding experiences for its global user base.

BingX Concludes OVER Launchpool with 90 Million USDT Staking

Vivien Lin, Chief Product Officer at BingX, expressed her thoughts on the successful conclusion of the OVER Launchpool event, highlighting the platform's dedication to delivering value to its users. "The success of OVER Launchpool is a testament to BingX's commitment to providing our users with innovative, high-yield opportunities. Our focus has always been on making crypto more accessible and rewarding, and with this event, we've seen incredible engagement and participation from our community and will continue to introduce more initiatives that bridge the gap between exciting blockchain projects and our users, ensuring both sides benefit from the evolving crypto landscape."

The OVER Launchpool attracted widespread participation from users keen on staking their assets for a chance to earn token rewards. The event boasted an hourly reward cap of about 55.56 OVER tokens, and the platform offered a remarkable annual percentage rate (APR) of 95% during the first phase. BingX users also have the opportunity to continue benefiting from the OVER ecosystem by participating in the forthcoming OVER token listing event.

Looking ahead, BingX remains dedicated to its role as a bridge between blockchain projects and the broader crypto community. Future Launchpool events will continue to provide exciting opportunities for projects to gain exposure while offering users new ways to earn rewards. By building direct dialogue between projects and users, BingX is enhancing its platform's value and driving greater engagement within the cryptocurrency ecosystem.

About BingX

Founded in 2018, BingX is a leading cryptocurrency exchange serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became Chelsea FC's principal partner, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.