BingX launched the hot coin Velodrome, 10-15 days earlier than other CEXs. This provided users with an opportunity to purchase hot coins on the secondary market, while also allowing them a longer period of time to research and observe the performance of the new coin.
What is Velodrome? Velodrome Finance is the next-generation AMM built on the Optimism network. Users can seamlessly trade assets and use their assets to provide liquidity through Velodrome Finance while enjoying low transaction fees on L2. Velodrome was officially launched in June 2022. Trading through Velodrome Finance provides low slippage, low fees, and high liquidity.
Velorome is the token of Velodrome Finance, and users can earn Velodrome token rewards through staking.
After conducting research on Velodrome Finance, BingX’s investment research team launched Velodrome token on March 1. Without any marketing, BingX’s users were able to avoid market speculation and had sufficient time to observe and research the token, effectively reducing the huge risks of buying new coins due to speculation.
In addition to launching Velorome token, BingX has recently launched other popular coins such as Degen Zoo and CryptoGPT. Users can view more popular cryptocurrency analysis content on qa.bingx.com to decide whether they want to make a purchase.
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 DZOO USDT and VELODROME USDT spots and derivatives to more than 100 countries and regions worldwide with over 5 million user.
Company Name: BingX
Contact Person: Elvisco
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