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Bitget Launches TOMA Savings with Up to 50% APR for a Limited Time

Victoria, Seychelles, December 26th, 2024, Chainwire Bitget , the leading cryptocurrency exchange and Web3 company, has announced the launch of Tomarket (TOMA) Savings on December 25, 2024, at 10:00 AM (UTC+8) via its Bitget Earn platform. This exclusive offering provides users with the opportunity to earn an impressive Annual Percentage Rate (APR) of up to 50% on their TOMA holdings. The subscription period will remain open until January 24, 2025, at 10:00 AM (UTC+8) or until the product limit is reached. Bitget Earn introduces two tailored subscription plans for TOMA Savings, catering to users with different earning preferences: 30-Day Fixed Term: Offers a high APR of 50% with an individual subscription limit of 500,000,000 TOMA . At the end of the fixed term, funds will automatically transition to Flexible Savings for uninterrupted interest accrual. Flexible Savings Plan: Provides a competitive APR of 10% with an individual subscription limit of 5,000,000,000 TOMA , allowing users to withdraw funds at their convenience. Subscribers to TOMA Savings benefit from transparent interest accrual and regular payouts. Hourly Distribution: Principal begins accruing interest one hour after subscription, with hourly payouts made directly to the user’s spot account. Daily Distribution: For fixed-term plans, interest accrual starts at 12:00 AM (UTC+8) the day after subscription, with daily payouts beginning the following day. This streamlined approach ensures that users can enjoy consistent returns with clear visibility into their earnings throughout the subscription period. To participate in TOMA Savings, users can navigate to the Earn > Savings section on the Bitget platform and search for Tomarket (TOMA). The feature is accessible through both the official website and mobile app, ensuring seamless access for users across devices. Bitget Earn’s launch of TOMA Savings reinforces its mission to provide users with lucrative earning opportunities within the cryptocurrency space. By offering competitive rates and flexible options, the platform continues to enhance its suite of innovative financial products. For more information about Tomarket (TOMA) Savings and detailed subscription guidelines, visit here . About Bitget Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet offering comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA , in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . Contact Public Relations Media Bitget media@bitget.com CoinTurk News

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NexQloud’s Innovative NXQ Token System Turns CPU Devices into Profit Centers

Why NXQ Tokens Could Revolutionize Cloud Computing and Set New Standards for Crypto Projects Enter the next era of cryptocurrency with NXQ Tokens, the official currency of NexQloud’s cloud computing platform. Tailored for enterprises utilizing Kubernetes for containerized orchestration, this platform is designed to seamlessly meet the needs of modern businesses. Driven by real-world demand and innovative tokenomics, NXQ Tokens offer a compelling opportunity to invest in a tangible, utility-driven asset with significant growth potential. NXQ Token Overview NXQ Tokens are the currency of NexQloud’s decentralized cloud computing network, balancing increasing demand with shrinking supply to drive long-term value. They serve as the utility token distributed to QloudNode operators who provide the specialized hardware required to run the decentralized cloud. Businesses require NXQ tokens to access NexQloud’s services, creating a self-sustaining cycle where token demand and value grow organically. As more enterprises adopt NexQloud’s cost-efficient and environmentally friendly cloud solutions without compromising security or availability, the demand for NXQ Tokens is expected to increase in line with their rising computing needs, projected at a compound annual growth rate of 16.3%. Concurrently, the supply of NXQ Tokens tightens due to a Bitcoin-inspired halving mechanism that reduces daily token distribution every four years. This, combined with increasing competition among QloudNode operators, further restricts token availability, while NXQ’s fixed supply ensures lasting scarcity. Maruo Terrinoni, CEO of NexQloud, explains, “This distinctive blend of increasing demand and limited supply establishes NXQ as a utility-backed token with considerable growth potential, presenting an appealing opportunity for both investors and QloudNode contributors.” NXQ Tokenomics Advantage: Supply and Demand Platform Growth: Every new business onboarded to NexQloud adds to the token demand, creating a cycle of increasing adoption and revenue reinvestment. NexQloud brings a dynamic market presence to the trillion-dollar cloud industry, which is growing at a 16.3% Compound Annual Growth Rate. Enterprise Adoption: Businesses require NXQ tokens to access NexQloud’s decentralized cloud services. As more enterprises switch to NexQloud for its cost-effective and scalable solutions, the demand for NXQ increases. Growing enterprise workloads amplify token usage as companies scale their operations and computing needs. Speculative Interest: NXQ’s proven scarcity model and real-world utility attract crypto investors seeking a stable yet growth-oriented asset. NXQ Supply Decreases Through Scarcity Mechanisms Bitcoin-Inspired Scarcity Mechanism: The total supply of NXQ tokens is capped at 21 million, ensuring a finite asset that becomes increasingly valuable as demand grows. Halving Events: Every four years, the daily token distribution (3600 NXQ tokens daily until 2028) to QloudNode operators is halved, mirroring Bitcoin’s approach to driving value appreciation over time. Increased QloudNode Competition: As more QloudNode operators join the network, competition for daily token rewards intensifies, making NXQ tokens harder to acquire. Fixed Supply: With no ability to mint additional tokens, the token supply remains immutable, safeguarding against inflation. The Supply and Demand Impact This system ensures that as NexQloud scales and enterprise adoption grows, NXQ tokens remain scarce, increasing their value. The result is a predictable scarcity-driven appreciation in token value, offering investors a stable, utility-backed asset with significant long-term growth opportunities. “By aligning our tokenomics with enterprise cloud demand, NXQ delivers a compelling opportunity, blending the best of cryptocurrency innovation with practical, real-world utility,” says Terrinoni. “We are not just creating a decentralized platform; we are influencing a trillion-dollar industry to recognize the real-world impact and long-term value of blockchain technology. Like Bitcoin, NXQ tokens are poised to be a game-changer, driving significant transformation in how cloud services are consumed and provided.” As NexQloud prepares for its launch, the NXQ token system is set to not only reshape the cloud computing landscape but also provide a blueprint for how cryptocurrencies can offer real-world utility and foster significant economic shifts. CoinTurk News