Bitcoin Staking Token BABY Added to BingX's XPool Feature, Reward Pool of 50,000 BABY Points

PANAMA CITY, April 10, 2025 /PRNewswire/ -- BingX, a global leading cryptocurrency exchange, is excited to announce the BABY token has been added to its Xpool feature.

PANAMA CITY, April 11, 2025 /PRNewswire/ -- BingX, a global cryptocurrency exchange, is excited to announce the addition of the BABY token to its Xpool feature. Commencing April 7 at 10:00 (UTC) through April 14 at 10:00 (UTC), BingX users can now stake USDT in Xpool to share a total reward pool of 50,000 BABY Points. These points will be directly redeemable for BABY tokens at a 1:1 ratio, granting early access to Babylon's Bitcoin staking protocol. Notably, participation in this campaign does not require locking actual BTC, and users can register for an account with BingX to begin trading.

BABY is the governance and utility token of Babylon, a protocol that enables native Bitcoin staking without the need for bridging or wrapping BTC. The token facilitates validator delegation, governance functions, and staking incentives. Its integration into X-Pool showcases BingX's dedication to presenting promising early-stage projects through simple and flexible frameworks.

By staking USDT in Xpool, BingX users can generate passive income linked to the growth of Bitcoin staking activity on Babylon. This is particularly beneficial for those interested in engaging with emerging staking models but prefer to avoid the complexities of running nodes or interacting directly with smart contracts. Xpool provides a seamless experience, requiring no lock-up periods and enabling real-time reward tracking.

"Our users have been requesting more diverse and valuable token options in Xpool. With BABY, we are offering them exposure to a unique staking protocol specifically designed for Bitcoin holders," remarked Vivien Lin, Chief Product Officer of BingX. "You don't have to be a validator or bridge assets; simply stake USDT through Xpool and begin earning. It's simple, efficient, and designed with user control in mind."

The addition of BABY to Xpool further strengthens BingX's role as a flexible platform for low-barrier token engagement. This campaign combines trending DeFi utilities with a centralized, user-friendly approach to support new protocols like Babylon while rewarding early-mover users.

About BingX

Founded in 2018, BingX is a global cryptocurrency exchange serving over 20 million users worldwide. BingX provides users with diversified products and services, including spot, derivatives, copy trading, and asset management, catering to the evolving needs of traders, regardless of their experience level. BingX is committed to offering a trustworthy platform that empowers users with innovative tools and features to enhance their trading skills. In 2024, BingX became the official crypto exchange partner of Chelsea Football Club, marking its debut in the world of sports.

For more information, please visit: https://bingx.com/