Bitget Expands Offerings with TOMA Token and Reward Program

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As a seasoned analyst with over two decades of experience in the financial markets, I have witnessed the evolution of cryptocurrencies from a niche concept to a global phenomenon. The addition of Tomarket (TOMA) on Bitget is an exciting development that underscores the exchange’s commitment to fostering innovation and supporting promising projects.

On Bitget, we’ve just added another exciting asset to our roster – the Tomarket (TOMA) token! Now, you can trade this newcomer on our platform. To make things even more enticing, we’re launching a Launchpool reward campaign that aims to involve and reward our community members.

The trading platform announced that it’s launching real-time transactions for the TOMA token, using the pair TOMA/USDT. This user-friendly trading option gives easy access to those wanting to delve into what TOMA offers. In addition, users can also earn bonus TOMA tokens by locking up their assets and receiving a portion of 40 billion TOMA in rewards as part of a Launchpool campaign starting on December 20, 2024, offered by Bitget.

Reward Program and Staking Opportunities

Bitget’s rewards system is designed to be inclusive and easy to join, providing two options for participation. Users can invest in the platform’s native token, BGB ($4.77), to potentially earn a piece of the 33,333,000,000 TOMA up for grabs. The eligibility is based on the user’s VIP level, with entry-level users allowed to lock up to 10,000 BGB and higher VIP members restricted to 50,000 BGB. Notably, even newcomers with as little as 5 BGB can participate, fostering an inclusive environment for all users. The firm announced this opportunity publicly.

The number of people allowed to join can change depending on your VIP status, creating opportunities for everyone from those at the lowest level (VIP0) with a maximum of 10,000 BGB, up to higher-tier VIPs who can have as many as 50,000 BGB. To ensure participation across all levels, there is a minimum requirement of having 5 BGB.

Users now have an additional method to securely hold their TOMA tokens directly within the exchange, as it was disclosed that the distribution pool holds a total of 6,667,000,000 TOMA. Participants can choose to lock a minimum of 170,000 TOMA and a maximum of 16,667,000,000 TOMA in this pool.

The airdrop distribution for both pools is set up to be fair and transparent, as it’s calculated hourly based on the amount each user has staked relative to the total. This setup allows contributors to monitor their earnings increase in real-time, according to Bitget.

The rewards from both pools are distributed every hour based on a system that considers the amount each participant has locked relative to the overall amount locked in the pool. This dynamic, instantaneous distribution method maintains fairness and transparency during the entirety of the campaign.

TOMA plans to make decentralized trading more accessible while closing the gap between digital assets and decentralized trading. It will achieve this by placing more focus on user-friendly infrastructure. Tomarket is a community-focused token built for a decentralized marketplace. It simplifies trading, improves liquidity, and offers a straightforward platform for asset exchange.

Bitget’s Commitment to Decentralized Trading

Adding TOMA (Token of Mysterious Asset) to its platform, Bitget now provides a wider range of trade choices, strengthening its standing as a pioneer in offering a variety of digital currencies, thereby enhancing its image as a leading exchange.

Bitget, with over 800 tradable assets spanning both spot and derivatives markets, boasts a user base exceeding 45 million in over 150 countries worldwide. This expansion underscores its increasing influence within the industry. This latest action further highlights their commitment to backing promising projects and cultivating an energetic global network within the digital economy.

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2024-12-19 15:36