Bitget has expanded its growing list of assets with the addition of the Tomarket (TOMA) token, now available for trading on the platform.
Bitget has expanded its growing list of assets with the addition of the Tomarket (TOMA) token, now available for trading on the platform. This launch is accompanied by a Launchpool reward campaign designed to engage its community.
The exchange platform informed its users that spot trading for the TOMA token will go live under the TOMA/USDT pair. This straightforward trading option offers a convenient entry point for those interested in exploring what TOMA has to offer. Alongside trading, Bitget is also providing an opportunity for users to earn extra TOMA tokens by staking their assets and earning a share of 40,000,000,000 TOMA in rewards as part of a Launchpool campaign starting on December 20, 2024.
Bitget has designed its rewards system to be widely accessible, offering two participation methods. Users can lock BGB BGB $4.74 24h volatility: 7.5% Market cap: $6.67 B Vol. 24h: $7.49 M , the platform’s native token, to earn a share of the 33,333,000,000 TOMA available. Participants can join based on their VIP level, with basic users able to lock up to 10,000 BGB and higher-tier VIPs capped at 50,000 BGB. The minimum requirement stands at just 5 BGB, ensuring inclusivity for users of all levels. The company revealed:
“Participation limits vary based on VIP levels, ensuring accessibility for a range of users, from VIP0 participants with a maximum cap of 10,000 BGB to higher-tier VIP levels with a cap of 50,000 BGB. A minimum requirement of 5 BGB ensures that users of all levels can participate.”
The exchange has also created another option for users to lock their TOMA tokens directly. It was revealed that the pool has 6,667,000,000 TOMA allocated for distribution, with a minimum amount of 170,000 TOMA that participants can lock, and a maximum of 16,667,000,000 TOMA.
The airdrop for both pools is designed to be equitable, with distributions calculated on an hourly basis based on how much each user has locked in comparison to the total. This system ensures a fair and transparent process where contributors can see their earnings grow in real time. Bitget stated:
“Airdrops for both pools are calculated on an hourly basis, determined by each participant’s locked volume in relation to the total locked volume of the pool. This real-time distribution mechanism ensures fairness and transparency throughout 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.
The listing of TOMA by Bitget further broadens the exchange’s array of trading options and reinforces its reputation as a leader in offering diverse digital assets.
With more than 800 listed tokens across the spot and derivatives markets, Bitget also boasts over 45 million users in more than 150 countries and regions, demonstrating its growth in the industry. This move is another demonstration of its dedication to supporting promising ventures and fostering an active global community in the digital economy.
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Temitope is a writer with more than four years of experience writing across various niches. He has a special interest in the fintech and blockchain spaces and enjoy writing articles in those areas. He holds bachelor's and master's degrees in linguistics. When not writing, he trades forex and plays video games.
