Curated News
By: NewsRamp Editorial Staff
April 24, 2024

Bitget Lists Ontology Gas ONG with Stake-to-Mine Benefits on PoolX

TLDR

  • Users can stake ONG tokens on Bitget's PoolX platform to mine tokens and receive incentives over $20,000, providing a competitive advantage in the crypto market.
  • Bitget's PoolX platform features mining pools where users can stake tokens to mine ONG, with rewards distributed hourly based on staking volume.
  • The listing of ONG on Bitget's PoolX platform provides users with opportunities to invest in emerging DeFi ecosystems, contributing to the growth of the crypto market.
  • Ontology's gas token ONG offers diverse opportunities for users to maximize their token earnings through staking, enhancing their crypto trading experience.

Impact - Why it Matters

The listing of Ontology's gas token ONG on Bitget's PoolX platform offers users the opportunity to stake tokens and earn incentives, while also contributing to the growth of decentralized finance ecosystems. This news highlights the continued expansion of Bitget's market share in both spot and derivatives trading, providing users with access to a diverse range of investment options. Additionally, Ontology's high-speed, low-cost public blockchain brings decentralized identity and data solutions to Web3, enhancing speed, security, and trust for users and enterprises.

Summary

Bitget, the world’s leading cryptocurrency exchange and Web3 company, has listed Ontonlogy network’s gas token called ONG on its PoolX platform. ONG will provide incentives over $20,000 to users staking tokens, with a mining period currently live until 4th May, 2024. Each PoolX project features one or more mining pools, with token rewards distributed hourly based on participants’ staking volume. Ontology’s high-speed, low-cost public blockchain brings decentralized identity and data solutions to Web3, with features including ONT ID and DDXF. Bitget's innovation zone provides improved accessibility to emerging DeFi ecosystems, adding ONG to its spot to help users engage in the initial launch phases of the trending high-potential low-cap tokens. Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges, and in 2023 alone added over 350 new listings, further diversifying investment options for users. For more information about trading ONG tokens, visit https://www.bitget.com/support/articles/12560603808601.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Bitget Lists Ontology Gas ONG with Stake-to-Mine Benefits on PoolX

blockchain registration record for the source press release.