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BingX, a leading global cryptocurrency exchange, announced the launch of the Solv Protocol’s SOLV token on BingX Launchpad.
Subscription to the SOLV token will officially open on January 16, 2025 and the token will be listed on the BingX spot market at 6:00 p.m. (GMT+8) on January 17, 2025.
Solv Protocol is a decentralized finance (DeFi) platform designed to unlock liquidity for Bitcoin and other digital assets within the DeFi ecosystem. It has quickly risen to prominence in the cryptocurrency space by offering innovative solutions that improve the utility of Bitcoin and other crypto assets. As the exclusive launchpad for SOLV, BingX provides unique access to participate in the distribution and trading of SOLV tokens. It allows BingX users to explore various yield opportunities without sacrificing liquidity, thereby enabling easy integration of Bitcoin into the DeFi ecosystem.
The total subscription pool for the Solv Protocol Launchpad is 4 million SOLV tokens. All BingX users are eligible to participate in the subscription, with each user assured of a successful subscription. The final individual subscription quota is directly proportional to the average amount of assets held by the user between January 13 and January 16, based on asset snapshots. The individual winning limit is set at 20,000 SOLV tokens. Meanwhile, users can increase this limit by inviting friends to join. For each successful referral, the user and their invited friend will benefit from an enhanced limit.
As part of the rewards program, BingX users can also participate in the exclusive SOLV “Learn to Win” campaign. BingX users can take Solv Protocol quizzes, make SOLV deposits, trade SOLV, and invite friends to win a share of the 500,000 SOLV prize pool. New users who register on BingX can also receive airdrops. Additionally, one lucky participant will win the lottery and receive an airdrop of 20,000 SOLV.
“We are excited to launch the SOLV token on BingX Launchpad, marking an important milestone in providing our users with unparalleled access to innovative DeFi solutions.” Vivien Lin, Chief Product Officer at BingX, commented: “At BingX, we are committed to providing our community with opportunities to engage in groundbreaking blockchain projects. Through BingX Launchpad, we hope to spotlight promising projects and help introduce groundbreaking innovations to a global audience.
BingX Launchpad is a leading platform making it easy to launch early-stage crypto projects. It offers structured token distribution, global audience engagement, and rapid growth. By leveraging BingX’s expertise and network, we ensure projects reach the market efficiently.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot trading, derivatives, copy trading and asset management, all designed to meet the evolving needs of users, from beginners to professionals. BingX is committed to providing a reliable platform that offers users innovative tools and features to improve their trading skills. In 2024, BingX is proud to become the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sport.
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