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Bitget Rolls Out Initial Listing for BLAST Token on Spot Market

Published 06/26/2024, 11:30 PM
Updated 06/27/2024, 12:15 AM
Bitget Rolls Out Initial Listing for BLAST Token on Spot Market

  • Bitget lists BLAST tokens on the spot market, trading starts June 26, 2024.

  • Blast.io offers 4% ETH and 5% stablecoin yields on Ethereum Layer 2.

  • Bitget leads in crypto spot and derivatives trading with $6B Open Interest.

Bitget, a top crypto exchange, has announced the listing of BLAST tokens from Blast.io on its spot market. The listing of BLAST tokens, under Bitget’s innovation zone, targets to provide users with early access to high-potential projects. The trading for BLAST tokens will begin at 15:00 UTC on June 26, 2024. This approach reflects Bitget’s strategy of supporting upcoming DeFi ecosystems by listing trending projects during token generation events (TGE).

Blast.io is an Ethereum Layer 2 ecosystem that offers native yield for ETH and stablecoins. Unlike other Layer 2 solutions, Blast.io provides a 4% yield for ETH and a 5% yield for stablecoins. These yields are derived from ETH staking and Real World Asset (RWA) protocols. The returns are passed back to Blast.io users automatically, improving their overall experience. Blast.io adopts an EVM-compatible, optimistic roll-up technology, ensuring higher baseline yields without interfering with th…

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