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Product TutorialsFinancial ManagementBeginner's guide
Bitget PoolX: Navigating The Crypto Market In A Timely Manner

Bitget PoolX: Navigating The Crypto Market In A Timely Manner

Pemula
2024-09-12 | 5m

Bitget PoolX is poised to become an indispensable tool for cryptocurrency investors worldwide with a comprehensive approach that balances liquidity, flexibility, and user accessibility.

Bitget PoolX Introduces An Innovative Approach To Asset Management

With traditional asset-locking methods, assets are often locked up for fixed periods, meaning participants are unable to react to any unwanted circumstances early enough. Bitget Pool-X offers a more flexible alternative by allowing users to unlock their deposited tokens at any time. This flexibility allows users to receive rewards without sacrificing liquidity, a significant advantage for those who wish to maintain access to their assets for a successful investment plan - with a comprehensive risk management strategy well outlined.

Enhanced liquidity refers not only to having access to assets but also to hourly reward distribution. This is particularly advantageous in the volatile crypto market, where the ability to access and move assets quickly can be crucial for taking advantage of market opportunities or avoiding downturns. In the case of realising profit with time to spare, it could also lead to rapid compounding a.k.a. the possibility of reinvesting earnings back into the staking pool much quicker.

Don't forget that at its core, Bitget PoolX serves as a platform where users can receive airdrops or rewards in the form of popular tokens, offering an additional revenue stream. It's worth noting that Bitget PoolX supports a variety of tokens, including stablecoins like USDT and Bitget's native token, BGB, with annual percentage returns (APRs) varying by project and pool. This setup ensures users can anticipate trends and capitalize on upcoming demands.

How To Participate In Bitget PoolX's Projects

User accessibility talks about the ease with which Bitget users can understand and use our products. Here's the breakdown of Bitget PoolX's participating process, which sure will surprise you with its simplicity:

Step 1: From Bitget's homepage, navigate to the PoolX page.

Bitget PoolX: Navigating The Crypto Market In A Timely Manner image 0

Step 2: Review the available pools and choose one that fits your investment strategy. You can participate in multiple pools if desired.

Bitget PoolX: Navigating The Crypto Market In A Timely Manner image 1

Step 3: Enter the amount of assets to be locked, and review the details before confirming.

Bitget PoolX: Navigating The Crypto Market In A Timely Manner image 2

Step 4: Click on [View earnings] to view the details about your currently locked assets. Rewards are distributed hourly, starting the second hour after your deposit is confirmed.

Please note that:

(1) once the locking period ends, assets are automatically returned to participants' spot accounts, so there is no need to withdraw manually.

(2) reward calculation method:

Hourly rewards = (participant's locked amount / the total locked amount of that particular asset by all eligible participants) * the size of the corresponding mining pool.

(3) eligibility requirements: participants must complete Bitget's KYC to qualify for reward distribution and strictly comply with the TC of each specific project on Bitget PoolX.

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