Bitget announces listing of Taiko token TAIKO on PoolX, users can earn token rewards by staking every hour.
Global leading cryptocurrency exchange and Web3 company Bitget has announced the listing of Taiko (TAIKO) on its PoolX platform, providing investors with a unique opportunity to earn rewards in popular tokens through 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 leveraging stable and trusted assets such as USDT and BGB (Bitget’s native token). This approach maximizes potential attractive returns while minimizing volatility risks. 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 has a strong financial foundation, having raised $37 million in funds, demonstrating the project’s continuous growth and development potential. Additionally, the zk rollup Layer 2 network developed by Taiko showcases excellent technology, providing faster transaction processing and lower fees compared to traditional blockchains, which can be a potential benefit for project developers and users alike.
Bitget CEO Gracy Chen stated that the Taiko project has nurtured a vibrant and actively engaged community, further solidifying its rising star status in the Layer 2 space. Despite currently 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 more than 800 trading pairs. With the introduction 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 world-leading cryptocurrency exchange and Web3 company, serving over 25 million users in more than 100 countries globally. Through its innovative copy trading feature and other trading solutions, Bitget is committed to helping users trade more intelligently.
Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain cryptocurrency wallet that provides a range of comprehensive Web3 solutions and features, including wallet functions, exchanges, NFT markets, DApp browsers, and more. By partnering with legendary Argentine footballer Lionel Messi and official esports organization PGL, Bitget encourages the adoption of cryptocurrencies.
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