Financial News

BingX Cryptocurrency Exchange Lists ACA ROSE SCRT Coins On Spot Trading

BingX, a world-leading social trading exchange, listed the ROSE, ACA and SCRT token through the BingX spot trading from 16:00 am UTC to 17:00 am UTC on Nov. 28, 2022.

ROSE is the leading scalable and privacy-enabled layer-1 blockchain network, scaling and evolving Web3 from infancy to maturity.  Combining high throughput and low gas fees together with secure architecture, ROSE provides a succeeding foundation for Web3. ROSE core value proposition is privacy, supporting crucial pillars like decentralised identity, decentralised society, responsible data economy as well as data sovereignty through its range of data-protecting, privacy-preserving technologies. The current supply of ROSE is 1.5 billion, with supply capped at 10 billion. An estimated 2.3 billion tokens will also be paid out to users over the span of 10 years as staking rewards to stakers and delegators for securing the network. By staking ROSE, users can earn up to 20% APY rewards. 

ACA serves as the utility token for the decentralised network Acala. Acala is a one-stop DeFi network offering not only a secure blockchain platform, but also a suite of cross-chain financial applications. Users can issue self-serviced loans, become liquidity providers and also access staking derivatives, earning high-interest APY on their digital assets. Acala is also working with a US fintech company to build hybrid crypto and fintech products, aiming to bring DeFi yield to their customers. ACA has a current supply of about 571 million tokens, with supply capped at 1 billion.

SCRT is the governance token of the Secret network. By combining encryption protocols and Trusted Execution Environment, data privacy is guaranteed on the Secret network. With its focus on privacy and data end-to-end encryption, solutions that protect data without  compromising usability can be built, contributing to Secret’s goal of privacy-first dApps. The initial supply of SCRT is capped at 170 million. 

“We can’t stress enough how important it is for our users to have access to a reliable platform that constantly provides incentives and ways for users to get the most out of trading. BingX is always seeking new and improved ways to create a user-centric experience for its users. Going forward, users can expect frequent upgrades in all facets of their trading experience on BingX.” – Communications & PR Director at BingX, Elvisco Carrington 

About BingX

Founded in 2018, BingX has grown to become the world’s leading social trading platform. It is a global digital asset, spot, and derivatives trading platform that provides a safe, reliable, user-centric, and open ecosystem with intuitive social trading features BingX offers ATOM USDT, ARPA USDT, BTC USDT and ETH USDT derivatives and Copy Trading service to more than 100 countries and regions worldwide with over 5 million user

Media Contact
Company Name: BingX
Contact Person: Elvisco
Email: Send Email
Country: Singapore
Website: bingx.com/en-us/


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