Bitget Adds Pirate Nation (PIRATE) GameFi Token on PoolX
Press release
Victoria, Seychelles, 12th June, 2024 –
Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of Pirate Nation's native tokens PIRATE, which fuel the
Ethereum-based roleplaying game. With
PoolX users can now stake BGB and USDT to mine PIRATE tokens. The listing of PIRATE is now live on PoolX and trading will go live at 4 AM (UTC) on 13th June, 2024.
Pirate Nation is a fully on-chain game utilizing
Blockchain technology to offer better gaming experience to Web3 users. The ecosystem and all its functionalities operate entirely on the blockchain through dozens of smart contracts. This approach ensures that all player items, actions, and achievements are publicly viewable and auditable, providing high transparency and security. On-chain games like Pirate Nation are also "forever games," capable of operating as long as the blockchain exists. Additionally, they offer flexibility, allowing players to add their own features or create derivative works, making the game endlessly customizable.
With the rising popularity of the token, Bitget's Poolx will list PIRATE tokens for users to stake and earn these tokens without having to go through the hassle.
PoolX project features one or more mining pools, with token rewards distributed hourly based on participants' staking volume. In PoolX hourly snapshots of staked amounts are taken to ensure accurate calculations of users' proportionate shares and rewards.
Each mining pool on PoolX calculates its Annual Percentage Rate (APR) separately, providing users with diverse opportunities to maximize their token earnings. Furthermore, users enjoy the flexibility to redeem the staked tokens at any time, with staked assets automatically returning to their spot accounts after the mining period ends.
Recently Bitget listed trending low cap projects such as Ulti Protocol (ULTI), Taiko (TAIKO), JungleDoge (JUNGLE), Email Token (EMT) on Poolx for users to redeem stake-to-mine benefits.
With a focus on providing users with opportunities to invest in popular and valuable projects, the platform is now one of the top 10
crypto Spot trading platforms with over 900 coins and 1000+ pairs. Bitget continues to assert its dominance in the crypto derivatives
market, with its Open Interest (OI) indicator surging past $6 billion on May 4, securing a substantial 25% share of the total market. The new launch of PoolX platform for stake-to-mine service has attracted significant participation with high APR rates. Tokens such as Kitten Haimer (KHAI), Dimitra (DMTR), Roost Coin (ROOST), and Nettensor (NAO) showed remarkable performance, boosting PoolX’s popularity since its launch in April 2024.
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 many more. For more information, visit:
Website |
Twitter |
Telegram |
LinkedIn |
Discord |
Bitget Wallet For media inquiries, please contact:
media@bitget.com
2024-06-12
Recommended
- Press releaseBitget lists Telegram-based Action Driven Game RabBitcoin (RBTC) on Pre-market Victoria, Seychelles, 6th September, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has listed RabBitcoin (RBTC) on its pre-market trading platform, offering users early access to the game’s token before it becomes available to the broader public. RabBitcoin is an action-driven clicker game where players engage in a variety of battles and quests to earn crypto rewards. By training their rabbit heroes, players can unlock unique digital assets and advance in the game, creati2024-09-06
- Press releaseBitget Introduces MXN Deposit Option via SPEI, Powered by Swapple, for Seamless Crypto Purchases Victoria, Seychelles, 6th July, 2024 - Bitget, the leading cryptocurrency exchange and Web3 company, has announced its strategic partnership with Swapple to provide seamless and secure crypto payment solutions for Mexican Pesos (MXN) via SPEI. With the integration, Bitget aims to simplify the process of buying crypto for users in Mexico, offering them a fast, secure, and affordable way to deposit MXN and convert it into cryptocurrencies. SPEI is a payment system in Mexico that enables users to2024-09-06
- Press releaseBitget's Protection Fund Maintains Above Commitment at $390M in August 2024 Despite Market Turbulence Victoria, Seychelles – September 5, 2024 – Bitget the leading cryptocurrency exchange and Web3 company, continues to highlight its commitment to user asset security with the latest update of its Protection Fund for August 2024. Despite a month marked by significant market volatility, Bitget's Protection Fund maintained an average valuation of $390.7 million, substantially surpassing the company’s original $300 million commitment. The Protection Fund, established in De2024-09-04