Dear Users,
Due to popular demand. BingX Spot will add 1 trading pair on 2024-04-03, 12:30:00 (UTC+0).
• Asset: W
• W Deposit Time: 2024-04-02, 05:00:00 (UTC+0)
• W Withdrawal Time: 2024-04-03, 12:30:00 (UTC+0)
What Is Wormhole?
Wormhole acts as a bridge between various blockchains, enabling the transfer of assets and data across them. This means you can send crypto tokens or even NFTs from, say, the Ethereum blockchain to the Solana blockchain, something that wouldn't be possible without wormhole.
This cross-chain communication could be a game-changer for DeFi. With wormhole, users can access a wider range of financial products and services. They can leverage the unique features of different blockchains, like the security of Ethereum or the faster transaction speeds of Solana. Additionally, developers can build applications that seamlessly work across multiple blockchains, unlocking new possibilities for innovation.
You may think Wormhole just acts like a crypto bridge, but there is actually a major difference between them. Many crypto bridges are carried out in a centralized manner, managed by a central organization. On the contrary, Wormhole can be used to transfer assets between different blockchains without a third-party exchange. This makes it an attractive option for those looking to transfer assets anonymously.
Investment Risk Warning:
Cryptocurrencies are highly volatile and subject to various risks, including market, project, technical and compliance-related uncertainties. Therefore, you may experience potential investment losses due to high volatility and various risks associated. Exercise caution, stay informed on the potential risks and invest prudently.
Note:
1. Please make sure that the selected chain or network on BingX is consistent with the platform you're performing the withdrawal or deposit to avoid unnecessary losses.
2. The platform will automatically adjust the relevant parameter limits for spot trading based on market liquidity. If you have any questions, please contact our 24/7 online support.
3. The listing time specified in the announcement is for reference only. We will open the trading service once the deposit requirement for the above asset is met. The actual opening time shall prevail.
BingX Operation Team
2024-04-02
BingX Official Channels
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and strictly abides by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.
