Dear BIT users,
BIT Exchange is the first centralized exchange to open a market for buying EigenLayer Points. ELP/USDT operates as a straightforward Spot product, eliminating the need for pledging. During the EigenLayer airdrop, EigenLayer Points holders at BIT will seamlessly receive the new token according to the official conversion rate.
Spot Trading Pair Launch Time: April 15, 2024 10:00 UTC
What are the benefits of trading EigenLayer Points (ELP) with BIT?
Most Competitive Prices: BIT works with trusted partners to provide highly competitive prices in the market with significantly lower than OTC market trading fees.
Secured Platform: BIT is a secured centralized exchange that aims to provide a safe and compliant service to its users.
Convenient and Fast: BIT automatically converts and airdrops EigenLayer tokens to users.
What is EigenLayer?
EigenLayer, an intermediary protocol on the Ethereum blockchain, innovates with "re-staking," enabling Ethereum nodes to re-pledge ETH to other protocols or services, enhancing security and trust. This mechanism offers dual benefits and governance rights. With a substantial total locked value exceeding $12 billion, EigenLayer emerges as a pivotal contributor to Ethereum's evolution.
What is EigenLayer Points (ELP)?
EigenLayer Points are distributed by Eigenlayer for rewarding the re-staking opportunities. On BIT, 1 ELP represents 1 Eigenlayer point.
Please note:
At present, EigenLayer Points do not support deposits and withdrawals.
For more related articles, click here.
Risk warning
Trading in cryptocurrencies comes with high risk due to price volatility. Please make sure you understand all the related risks of cryptocurrency trading, be prudent in your decisions, and trade cautiously. BIT will not be responsible for your trading losses.
Here at BIT, we strive to provide you with the best trading experience.
Download APP now.
Thank you for your support!
BIT Team
April 15, 2024
Find us on
Telegram https://t.me/bitcom_exchange
Twitter https://twitter.com/BITCryptoXchg
Reddit https://www.reddit.com/r/bitcom_exchange
Facebook https://www.facebook.com/BITCryptoXchg
Instagram https://www.instagram.com/bitcryptoexchange