Bitget announces listing of Taiko token TAIKO on PoolX, users can earn token rewards hourly through staking.
Leading global cryptocurrency exchange and Web3 company Bitget has announced the listing of Taiko (TAIKO) on its PoolX, providing investors with a unique opportunity to earn rewards in popular tokens by hourly payouts based on their staking holdings. This strategic listing expands Bitget’s staking products and offers exposure opportunities for high-growth projects in the rapidly expanding Layer 2 ecosystem.
Unlike other decentralized finance (DeFi) staking products, PoolX helps users earn rewards in popular tokens by utilizing stable and trusted assets such as USDT and BGB (Bitget’s native token). This approach minimizes volatility risks while providing potentially attractive returns. Since its launch in April 2024, PoolX has established itself as a significant staking platform, facilitating the listing of over 20 projects and creating a diversified staking environment for investors.
Taiko, with a strong financial foundation and $37 million in funds raised, demonstrates continued growth and development potential. Additionally, Taiko’s zk rollup Layer 2 network showcases excellent technology, offering faster transaction processing and lower fees compared to traditional blockchains, providing potential benefits for project developers and users.
Bitget CEO Gracy Chen stated that the Taiko project has cultivated a vibrant and actively engaged community, further solidifying its emerging star status in the Layer 2 space. Despite being in the testnet phase, the upcoming mainnet launch of the project is highly anticipated by the crypto community.
Bitget is currently one of the top ten cryptocurrency spot trading platforms globally, offering over 700 currencies and 800 trading pairs. With the launch of pre-market trading, Bitget will continue to innovate and provide more trading solutions to meet the needs of cryptocurrency traders and investors.
About Bitget:
Founded in 2018, Bitget is a leading global cryptocurrency exchange and Web3 company, serving over 25 million users in more than 100 countries worldwide. Bitget is dedicated to helping users trade more intelligently through its innovative copy trading feature and other trading solutions.
Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain cryptocurrency wallet, offering a comprehensive range of Web3 solutions and features, including wallet functions, exchanges, NFT markets, DApp browsers, and more. Through partnerships with legendary Argentine footballer Lionel Messi and official esports organization PGL, Bitget encourages the adoption of cryptocurrencies.
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