Bitget lists JTO in the Solana ecosystem zone
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Victoria, Seychelles, Dec. 8, 2023, Chainwire
Bitget, a cryptocurrency exchange and web3 company, is listing JTO from the Jito ecosystem of liquid staking on Solana.
JTO governance tokens were recently distributed to users via an airdrop. Bitget is listing the token for increased functionality, and it will be available for trading starting Dec. 7 at 4 PM (UTC). Within 24 hours of the listing, Spot Grid Trading will also be available.
The Jito ecosystem addresses MEV issues on its underlying blockchain. MEV refers to the value validators and network participants can extract on blockchains by manipulating transactions. Jitos is creating a high-performance infrastructure for Solana to make liquid staking more accessible.
Jito Foundation offers a solution to MEV problems with the Jito-Solana validator client, which allows for more efficient MEV extraction and better rewards for stakers.
By staking JitoSOL or selecting validators running Jito-Solana software, Solana users can contribute to a more efficient and healthy network while maximizing their staking rewards.
Gracy Chen, managing director at Bitget, said:
“The constant development in blockchain technology has emerged new solutions to solve many problems in the crypto space. Jito enables flexibility for DeFi users and provides liquidity to token holders. At Bitget, we provide an efficient platform to access high-potential projects that build next-gen crypto products.”
Bitget is continuously expanding its range of offerings to cater to the changing needs of its global user base. Over the past year, it has added a diverse range of assets and features to its platform, including various tokens listed in the innovation zone.
The innovation zone includes high-potential projects from various sectors, including defi, AI, and social platforms.
With the latest addition of JTO, Bitget offers over 600 tokens, providing users with more choices for building diverse and dynamic crypto portfolios.
About Bitget
Bitget is a cryptocurrency exchange and web3 company founded in 2018.
With over 20 million users in over 100 countries and regions, Bitget provides innovative trading solutions, including a pioneering copy trading feature.
Bitget Wallet, previously known as BitKeep, is a top-tier multi-chain crypto wallet that offers web3 solutions such as wallet functionality, swap, NFT Marketplace, and DApp browser.
Bitget collaborates with reputable partners like Argentinian footballer Lionel Messi and official eSports events organizer PGL to encourage individuals to embrace crypto.
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