BingX Successfully Wraps up OVER Launchpool with Stakers

BingX Concludes OVER Launchpool with Major Contributions

BingX, a prominent player in the cryptocurrency market, has recently wrapped up its OVER Launchpool event, marking a significant achievement in engaging its community and promoting new tokens. This launchpool allowed users to stake USDT and BTC, offering an enticing total prize pool of 400,000 OVER tokens. The event drew participation from over 14,000 users who collectively staked more than 90 million USDT, showcasing the platform's robust user engagement and commitment to innovation.

Highlights of the OVER Launchpool Event

The OVER Launchpool was not just another staking opportunity; it was an innovative venture that highlighted BingX's dedication to providing users with high-yield opportunities. With an impressive annual percentage rate (APR) of 95% during the initial phase, users had the chance to earn rewards consistently. The hourly reward cap of approximately 55.56 OVER tokens added to the excitement, motivating users to participate actively.

User Engagement and Community Trust

Vivien Lin, Chief Product Officer at BingX, praised the successful conclusion of the event, reaffirming the company's commitment to creating value for its users. She emphasized the importance of user feedback and participation in launching future projects, expressing enthusiasm for upcoming initiatives that connect users with innovative blockchain projects. The significant involvement of BingX's community reflects a strong trust in the platform, setting the stage for further enhancements in the cryptocurrency trading experience.

Future Launchpool Events on the Horizon

As BingX looks ahead, the focus remains on bridging the gap between emerging blockchain projects and crypto enthusiasts. The success of the OVER Launchpool serves as a foundational step for future events that promise to introduce more rewards and exciting opportunities tailored for users. By fostering direct communication between projects and participants, BingX aims to create a more engaging cryptocurrency ecosystem.

Innovative Cryptocurrency Solutions

BingX has continually adapted to meet the evolving demands of the cryptocurrency market since its inception in 2018. With over 10 million users worldwide, the platform offers a range of products, including spot trading, derivatives, and asset management services. BingX's commitment to empowering users through innovative tools and features has solidified its position as a trusted exchange noted for enhancing trading proficiency among its user base.

About BingX

Founded in 2018, BingX has emerged as a leading cryptocurrency exchange catering to a diverse global audience. The platform is designed with the needs of both novice and experienced traders in mind, offering comprehensive services ranging from trading to asset management. BingX's dedication to providing a secure and innovative trading environment is evident in its recent milestones, including becoming the primary partner of Chelsea FC in 2024, marking an exciting intersection between sports and cryptocurrency.

Frequently Asked Questions

What is the OVER Launchpool?

The OVER Launchpool is a staking event organized by BingX where users could stake USDT and BTC for a chance to earn rewards in the form of the OVER token.

How much USDT was staked during the event?

During the OVER Launchpool, over 90 million USDT was staked by more than 14,000 BingX users.

What kind of rewards were offered?

The event featured a total prize pool of 400,000 OVER tokens, with an hourly reward cap of 55.56 tokens and an APR of 95% initially.

What does BingX plan for the future?

BingX aims to host more Launchpool events in the future, continuing to offer rewarding opportunities for its users while connecting them with innovative blockchain projects.

Who can participate in BingX's events?

All registered users of BingX can participate in the staking and reward events, benefiting from the diverse offerings available on the platform.

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