VICTORIA, Seychelles, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Story Protocol (IP) on its platform, with trading available on the spot market and the launch of an exclusive Launchpool rewards campaign.
Spot trading for IP will go live on 13 February 2025, 9:00 (UTC) under the IP/USDT pair, allowing users to trade the token seamlessly. In addition, the Launchpool campaign, starting from 13 February 2025, 12:00 (UTC) to 15 February 2025, 12:00 (UTC), will enable users to lock BGB and earn a share of 554,500 IP in rewards. Users can lock a maximum of 30,000 BGB while adhering to a minimum requirement of 5 BGB. Airdrops for both pools are calculated on an hourly basis, determined by each participant's locked volume in relation to the total locked volume of the pool. This real-time distribution mechanism ensures fairness and transparency throughout the campaign.
Story is a Layer1 Blockchain that empowers creators by enabling them to register their IP on-chain, ensuring control over their work while streamlining licensing and monetization processes. IP is the native cryptocurrency of Story's ecosystem. This token is the key to securing the network, processing transactions, and allowing users to participate in governance decisions. With Story, from artists and scientists to businesses and AI developers can fairly and efficiently exchange IP without intermediaries.
Bitget continues to solidify its role as a top-tier cryptocurrency exchange, offering over 800 listed tokens across spot and derivatives markets. The addition of IP to Launchpool highlights Bitget's ongoing effort to support innovative projects that value and protect creators' work in the digital future. Launchpool participants can stake specific tokens to unlock early access to IP, showcasing the platform's commitment to delivering valuable assets and fostering active engagement.
For more details on IP Launchpool, users can visit here.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. 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, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, users may contact: media@bitget.com
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Contact
Simran Alphonso
media@bitget.com
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/104236c4-8b97-45fc-9786-6da4fc56ceda
