Xpool is a groundbreaking product launched by BingX that lets you stake cryptocurrencies and earn reward points for hot tokens before their official launch. Once the project issues its token, these reward points can be redeemed for the actual tokens based on the preset rules and ratio. Please refer to the details below for specific rules.
The latest Xpool will feature WATCoin (WATC). WATCoin is a Tonchain-based Telegram Tap-to-Earn gaming project that offers an engaging and dynamic ecosystem. The project ensures user engagement and growth through continuous content expansion
Xpool Schedule:
Staking Time: 2025-03-25 10:00 to 2025-03-31 10:00 (UTC)
Points Redemption Time: 2025-03-31 12:00 (UTC)
Spot Listing Time: 2025-03-26, 10:00 (UTC)
WATC Xpool Details:
Prize Pool Allocation
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BTC Prize Pool
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7,800,000 WATC Points
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WATC Prize Pool
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7,800,000 WATC Points
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USDT Prize Pool (New User Exclusive)
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10,400,000 WATC Points
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Daily Reward Limit
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BTC Prize Pool
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1,300,000.00 WATC Points
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WATC Prize Pool
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1,300,000.00 WATC Points
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USDT Prize Pool (New User Exclusive)
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1,733,333.33 WATC Points
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Individual Staking Limit
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BTC Prize Pool
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0.025 BTC
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WATC Prize Pool
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1,600,000 WATC
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USDT Prize Pool (New User Exclusive)
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2,000 USDT
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*Ensure your app is updated to version 4.52.0 or above to participate in the Xpool. If you're participating via our website, this won't be an issue.
🎁 Extra Perks for New Users: Stake 100 USDT in WATC Xpool, Earn a Free 100 USDT Bonus!
Event Period: 2025-03-25 10:00 to 2025-03-31 10:00 (UTC)
The first 1,000 participants in WATC Xpool can earn an extra 100 USDT Bonus Voucher each!
Note: Meet the following conditions to qualify for the bonus:
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Stake a minimum of 100 USDT in the USDT Pool (New User Exclusive) for 48 consecutive hours without unstaking.
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Participants must not engage in unfair activities such as participating with multiple accounts.
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The Bonus Voucher comes with 5x leverage, can only be used in BingX Futures and is valid for 7 days from the day of receipt.
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The Bonus Voucher will be issued within 7 workdays after the WATC Xpool.
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BingX reserves the right to the final interpretation of the event.
WATCoin Introduction:
Token Name: WATCoin (WATC)
Total Supply: 55,555,555,555 WATC
Points Redemption Ratio: 1:1
How to Join BingX Xpool
There are four core stages in BingX Xpool token staking, reward point calculation, reward point issuance and redemption of points for tokens.
Ensure you've completed advanced KYC verification before participating.
Token Staking
● During the staking stage, stake the corresponding token within the designated time to join the Xpool.
● To ensure the fairness for staking users in Xpool, all participants are subject to a staking limit and the staking limit varies for each event. Specific details will be explained in the announcement when the project goes live in Xpool.
● Your tokens can be unstaked from the Xpool project at any time.
● Note: You won't receive a reward if your staked assets are too small in relative to the total staked assets on the platform, resulting in the reward amount to fall below the minimum issuance threshold. Consider increasing your staking amount to ensure you qualify for the reward.
Calculation of Reward Points
● To ensure fairness, Xpool will take multiple random snapshots of the assets staked by participants every hour. It will randomly select three snapshot amounts, calculate the average, and use that to determine the amount of tokens staked by the user during the hour. Rewards will then be issued based on the proportion of tokens staked. Here's the calculation formula:
Hourly reward points = (user's hourly staked token amount ÷ platform's hourly staked token amount) x (daily reward limit ÷ 24)
● User A stakes at time T, the system will calculate the reward point at T+1.
Issuance of Reward Points
● Points will be issued hourly based on calculation results, and you can view them in "History" of the Xpool project page.
● After the Xpool project ends, your staked assets will automatically be returned to your Fund Account. You can view all the points earned in the project under My Points.
Redemption
● After the end of the Xpool project, BingX will redeem your points into tokens at a specific ratio. Please pay attention to official announcements for the exact timing of the redemption. The redemption can be calculated using the following formula:
Total tokens available for redemption = actual total supply of the token ÷ preset total amount of points * total reward points.
● In special cases, the token rewards from the Xpool points redemption may be credited to your Fund Account in multiple installments. Please keep an eye on official announcements for details.
See Also:
Terms & Conditions:
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Participants are required to complete advanced KYC verification to be eligible for the event.
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All non-individual accounts, such as market makers and brokers, cannot participate in the Xpool.
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Any users involved in illegal or malicious activities, such as fraud, participating with multiple accounts, or reward farming, will be disqualified and have their rewards revoked.
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Due to regulatory requirements, users from Algeria, Burundi, the Republic of the Congo, the Democratic Republic of the Congo, Ghana, Guinea-Bissau, Liberia, Libya, Mali, Morocco, Nigeria, Sierra Leone, Somalia, South Sudan, Sudan, Tunisia, Western Sahara, Zimbabwe, Pakistan, and other regions will not be able to participate in Xpool.
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BingX reserves the right to the final interpretations of this event, including any modifications, updates to terms, or cancellations.
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BingX will assist users in handling issues related to Xpool. For any questions, please reach out to our online support for assistance.
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.
BingX Operation Team
2025-03-24
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 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.