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Cryptocurrency News Articles
Bitget Lists EMT Tokens From Ethermail Ecosystem on PoolX Platform
Jun 12, 2024 at 07:06 pm
Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of EMT tokens from Ethermail ecosystem on PoolX platform.
Victoria, Seychelles, 12th June, 2024 – Bitget, a world-leading cryptocurrency exchange and Web3 company, has announced the listing of Ethermail (EMT) tokens on PoolX platform. Users can stake BGB and USDT to mine EMT tokens.
The listing of Email Token is now live on PoolX and trading will go live at 10AM (UTC) on 12th June, 2024.
EtherMail is a Web3 email communication solution provider that establishes “wallet-to-wallet” communication setting standards for anonymous wallets and encrypted wallets. It can help companies proactively reduce the risk of communication fraud by notifying users of violations and vulnerabilities in advance.
The EtherMail ecosystem consists of Ethermail coins (EMC) and Email Token (EMT). Users can obtain EMC by inviting new members and staying active on the platform. These coins can then be converted to EMT based on the advertisement revenues generated each quarter, allowing users to claim EMT according to their EMC holdings.
Moreover, EMT serves a broader purpose, as it can be used to redeem benefits from participating partners in the future. Companies can also utilize EMT to reach users on the platform, making it a valuable asset within the EtherMail ecosystem. The EMT token is issued on the Base chain and adheres to the ERC-20 token standard.
PoolX project features one or more mining pools, with token rewards being distributed hourly based on participants' staking volume. To ensure precise calculations of users' proportionate shares and rewards, PoolX takes hourly snapshots of staked amounts.
Each mining pool on PoolX calculates its Annual Percentage Rate (APR) independently, presenting users with varied opportunities to maximize their token earnings. Furthermore, users can redeem the staked tokens at any time, and once the mining period concludes, the staked assets will be automatically transferred back to their spot accounts.
Recently Bitget listed trending low cap projects such as Ulti Protocol (ULTI), Taiko (TAIKO) and JungleDoge (JUNGLE) tokens on Poolx for users to redeem stake-to-mine benefits.
Among centralized exchanges, Bitget has consistently increased its market share in both spot and derivatives trading.
The platform is now among the top 10 crypto spot trading platforms with over 700 coins and 800 pairs, including BTC, ETH, SOL and more, offering users a vast selection of popular and valuable projects to invest in. In 2023 alone, the platform added over 350 new listings, further diversifying investment options for users.
Meanwhile, Bitget Wallet supports over 100 mainnets and 250,000+ tokens. Its on-chain trading function Bitget Swap enables cross-chain trading between nearly 30 mainnets.
For more information about EMT tokens on Poolx, users can visit here.
About BitgetEstablished in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is dedicated to helping users trade smarter with its copy trading feature and other trading solutions.
Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that provides an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and many more.
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