Bybit Launchpad Debuts With BIT Token Listing | The Guardian Nigeria News - Nigeria and World News

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SINGAPORE, 17 September 2021 -/African Media Agency(AMA)/- Bybit, a popular platform for crypto lovers around the globe, has announced today its token launch site Bybit Launchpad. The first new token to feature on Bybit Launchpad will be $BIT. Introducing Bybit Launchpad Bybit Launchpad is designed to help connect innovative crypto projects and users who may be interested […]

Bybit, a popular platform for crypto lovers around the globe, has announced today its token launch site Bybit Launchpad. The first new token to feature on Bybit Launchpad will be $BIT.Bybit Launchpad is designed to help connect innovative crypto projects and users who may be interested to gain exposure to promising projects, while protecting users and projects alike. Bybit Launchpad is open to Bybit users who have completed KYC L1, ensuring compliance with local regulatory requirements.

“We at Bybit are constantly inspired and amazed by the intrepid and imaginative experimentation in the crypto space and the talented and committed folks working for a better future of finance,” said Ben Zhou, co-founder and CEO of Bybit. “With Bybit Launchpad, we hope to shine a light on promising projects and help bring game-changing innovations to a wider audience.

Bybit is an initial proponent of BitDAO, and has pledged to contribute 2.5bps of futures trading volume to BitDAO’s treasury. The contribution, at 2021 rates, is projected to exceed $1B per year. The BitDAO treasury balance stands at more than $540M as of Sept. 16. Bybit’s listing of BIT will include launch rewards and free giveaways for participants. Timing and procedural updates on the BIT listing and airdrop will be updated on the Bybit blog.

 

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