Dear Users,
BingX Pre-Launch Futures will launch SWELLUSDT on 2024-08-29 at 09:00 (UTC). Get a head start by trading long or short with 5x leverage before its official listing.
For more information, please refer to:
Pre-Launch Futures Parameters:
|
Max. Leverage
|
Position Limit (USDT)
|
Maintenance Margin Rate
|
Initial Margin Rate
|
|
5
|
1,000
|
5%
|
20%
|
|
4
|
2,000
|
7%
|
25%
|
|
3
|
5,000
|
10%
|
33.33%
|
|
2
|
10,000
|
12%
|
50%
|
|
1
|
20,000
|
14%
|
100%
|
Project Introduction:
Swell Network emerges as a decentralized, non-custodial liquid staking protocol, focusing on enhancing the user experience within the decentralized finance (DeFi) ecosystem. Its primary goal is to simplify access to DeFi opportunities while maintaining the fundamental principles of decentralization and censorship resistance, particularly on the Ethereum blockchain.
• Project Name: Swell Network
• Token Ticker: SWELL
• Website: https://www.swellnetwork.io/
• Whitepaper: https://docs.swellnetwork.io/
• Preset Total Supply: 10,000,000,000
(Preset of Project's Total Supply: Based on publicly available data from Swell Network, BingX has initially set the total supply of SWELL tokens at 10,000,000,000. The preset total supply is for reference only. BingX will adjust it based on the actual total supply announced by the project at the time of delivery.)
• Delivery Time: TBD
Risk Disclosure:
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The project team has not finalized the token issuance plan yet, so there’s uncertainty around the total supply. Changes in the total supply could cause fluctuations in market price. Please stay informed about market updates, manage risks carefully, and trade prudently.
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The price in the Pre-Launch Futures market is determined by the market behavior of buyers and sellers. It may not accurately reflect the actual issuance price of the new token.
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BingX does not guarantee that tokens in Pre-Launch Futures will be listed on BingX Spot or Futures Trading. Please refer to the final listing announcement for confirmation.
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BingX may delist the Pre-Launch Futures trading pair in advance if the project team cancels the token issuance, fails to announce an issuance plan within six months, or due to other market risk issues. For risk management or other market reasons, BingX reserves the right to suspend trading of these tokens at any time.
BingX Operation Team
BingX Official Channels
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YouTube: https://www.youtube.com/c/bingx
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 has strictly abided 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.
For more information, please refer to our Terms of Use and Risk Warning.