PR Newswire
28 Apr 2023, 00 GMT+10
SINGAPORE, April 27, 2023 /PRNewswire/ -- BingX, one of the leading crypto exchanges, is excited to announce its support for the launch of SUI Mainnet and its Spot Listing on 3 May 2023.
Sui is a Layer 1 blockchain redesigned and built from the ground up, allowing creators and developers to more easily build experiences that satisfy future Web3 users. Sui is a decentralized proof-of-stake blockchain with horizontally scalable throughput and storage, allowing for high-speed and low-cost application development.
The aim of the Mainnet launch is to increase awareness about blockchain with everyone in mind, entrepreneurs, startups, and not just developers. By supporting the SUI Mainnet launch, BingX is helping to reshape the crypto industry through SUI's speed and scalability, with an innovative approach that leverages the fact that a large number of blockchain transactions involve non-overlapping states, enabling parallel processing. In addition, Sui is optimized for single-write objects, eliminating the need for consensus in simple transactions. With latency so low, Sui is a key enabler for incorporating transactions into games and other environments that require real-time completion. In a world of ever-decreasing bandwidth costs, Sui is creating an ecosystem of services that make activities like voting on behalf of users simple, fun, and perhaps profitable.
"We are delighted to support the launch of SUI Mainnet." said Elvisco Carrington, PR and Communications Director of BingX. "We share the vision of revolutionising the digital asset ecosystem, creating a safer, more accessible world of digital currencies with the potential to disrupt the traditional financial system. BingX is always looking to partner and introduce more quality projects to benefit our users and change the crypto landscape."
With this announcement, a series of SUI events will be launched from May 3, with prizes totaling up to $100,000! During the event, all new and existing users who sign up can enjoy SUI spot trading pairs (spot grid and unlimited grid) with 0 handling fee for 7 days. New users registered during the event can receive up to 5125USDT. Other perks would be SUI airdrops and a spin and win contest for a chance to win $30,000 SUI!
Find out more details at BingX Spot Listing Page.
About BingX
BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way.
Get a daily dose of Philippine Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Philippine Times.
More InformationSACRAMENTO, California: Intending to raise some US$160 million per year to help prevent gun violence, California Governor Gavin Newsom signed ...
MANILA, The Philippines: The Philippines remains steadfast in its resolve not to yield to Chinese efforts to obstruct its fishermen ...
VICTORIA, Texas: This week, U.S. District Judge Drew Tipton in Victoria, Texas, ruled that President Joe Biden did not have ...
WASHINGTON D.C.: The National Transportation Safety Board (NTSB) said it is investigating a JetBlue flight on Monday that experienced sudden ...
SEOUL, South Korea: Marking a tougher stand against North Korea, South Korea held its first large-scale military parade in over ...
WASHINGTON D.C. After hundreds of deaths overseas from contaminated cough syrups, the U.S. Food and Drug Administration (FDA) has cracked ...
SEATTLE, Washington: As part of Washington's efforts to stop Big Tech from monopolizing the most lucrative parts of the internet, ...
JEDDAH, Saudi Arabia: As part of Riyadh's efforts to further Saudi Arabia's electrification drive, electric vehicle (EV) maker Lucid announced ...
NEW YORK, New York - Stock prices were punctured Friday bringing to an end the 'flash in the pan' rally ...
WASHINGTON D.C. Due to internal brake fluid leaks that can cause an electrical short and could lead to engine fires, ...
WASHINGTON D.C. As part of its efforts to remove goods made by Uyghur forced labor from the U.S. supply chain, ...
LONDON, UK: In August, global production of primary aluminum hit an all-time high, with production running at an annualized rate ...