Bitget Lists Tomarket (TOMA) with Exclusive Launchpool Rewards and Spot Trading

Benzinga - Dec 19th, 2024
Open on Benzinga

Bitget, a leading cryptocurrency exchange, has announced the listing of Tomarket (TOMA) on its platform, offering spot trading under the TOMA/USDT pair and launching an exclusive Launchpool rewards campaign. The campaign allows users to stake assets and earn from a pool of 40 billion TOMA tokens. Two locking pools are available: one for Bitget's native token BGB and another for TOMA tokens. The airdrop rewards are distributed hourly, based on each participant's contribution. TOMA is a community-driven token designed for a decentralized marketplace, aiming to enhance liquidity and simplify on-chain trading. This initiative highlights Bitget's commitment to supporting innovative projects and offering valuable investment opportunities to its users. Bitget continues to expand its offerings with over 800 listed tokens and strategic partnerships to promote cryptocurrency adoption.

Story submitted by Fairstory

RATING

6.0
Moderately Fair
Read with skepticism

The article is a press release from Bitget, providing information about the listing of Tomarket (TOMA) on its platform. While it seems to provide detailed information about the listing, rewards campaign, and the company, it lacks independent verification and alternative perspectives. It primarily serves as promotional content for Bitget.

RATING DETAILS

7
Accuracy

The article provides specific details about the listing on Bitget, including dates, figures, and mechanisms. However, as a press release, it doesn't offer independent verification of these claims.

4
Balance

The article lacks balance as it presents information solely from Bitget's perspective without exploring any other viewpoints or potential criticisms of the initiative.

8
Clarity

The article is clear and well-structured, using straightforward language appropriate for a press release. It avoids emotive language and is logically organized.

6
Source quality

The article is published on Globe Newswire, a reputable distribution service for press releases. However, since it is a press release, it is inherently biased towards promoting Bitget and does not cite independent sources.

5
Transparency

The article transparently states its purpose as a press release and includes a risk warning. However, it lacks disclosure about any affiliations or investments that may exist between Bitget and the media outlet.