Bitget, a leading cryptocurrency exchange, has announced that it will list the MX Token (MX) on its platform. The news comes as MEXC, another popular exchange, adds Bitget Token (BGB) to its listings. Both listings are scheduled to go live on July 31, with the trading pairs BGB/USDT and MX/USDT.
Bitget Token (BGB) is the utility token of the Bitget exchange and will be listed on MEXC Global. The exchange will add BGB to its Innovation Zone and has already opened deposits for the token. The initial trading pair will be BGB/USDT, and trading is set to begin on Monday, July 31, at 10:00 UTC. MEXC has also announced that withdrawals will be possible starting from August 1, 2023, at 10:00 UTC.
In a tweet, MEXC alerted its users about the new listing, stating that BGB/USDT will be listed in the Innovation Zone on July 31 at 10:00 UTC. The exchange also provided details about the deposit and withdrawal dates for BGB.
As MEXC lists BGB, Bitget will also add trading support for MX Token (MX), the native utility token of the MEXC Global Exchange. Both listings will go live simultaneously on July 31, with MX/USDT being added to the platform’s Token Zone.
Bitget also tweeted about the upcoming listing of MX/USDT on July 31 at 10:00 UTC in the Platform Token Zone. They also mentioned a new round of the Super Airdrop, where participants have a chance to win MX tokens worth $3,000.
Following the announcement of the listings, the price of BGB experienced a rise of more than 4%. The utility token reached an intraday high of $0.46, which is close to its all-time high of $0.51 against the USD, recorded in February of this year.
Bitget introduced an updated version of its token in July 2021. It serves as a means of payment within the exchange platform’s ecosystem and can be used for discounts on trading fees.
In summary, Bitget and MEXC have announced the listing of their respective utility tokens on each other’s platforms. The listings are scheduled to take place on July 31, with trading pairs BGB/USDT and MX/USDT being introduced. These developments have led to a surge in the price of BGB, and Bitget users can now look forward to trading MX tokens on their platform as well.
