XION Listing: A Complete Guide to Prepare for the Token Launch
XION listing is coming! The XION token listing date has been announced, and it is approaching. This marks a critical step toward fulfilling the promise of blockchain technology, which, despite its strengths, has been hindered by complexity. XION overcomes this problem by offering a user-friendly Web3 platform that is just as accessible as traditional web2 applications.
To assist you navigate this exciting occasion, this article offers a detailed guide to the XION token listing. It covers everything from token distribution and major features to a step-by-step instruction on how to prepare for the launch.
XION listing : Listing date revealed
XION listing date is revealed. After months of focused development and community growth, XION is finally ready to take its place on the cryptocurrency stage with its "Believe in Something: The First Spark" airdrop. Before diving into the event details, make sure you mark the following dates on your calendar:
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Snapshot period: Mar 6, 2024 & Jul 15, 2024
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Airdrop eligibility checker launch: Nov 12, 2024
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Mainnet going live: Scheduled for the final days of December of 2024.
This airdrop is giving out a massive 10 million $XION tokens to recognize active community members, including testnet users, builders, and Discord participants (who will receive over 69% of the airdrop).
The remaining portion, nearly 31%, is allocated to contributors from 10 partner ecosystems. XION even takes the extra mile by implementing anti-Sybil measures to avoid fraudulent claims and guarantee top-notch fairness.
XION token distribution
Stakeholders |
Allocation |
XION Community |
69.3% |
Ecosystem Communities |
TOTAL: 30.7%
|
What is XION?
XION is a unique, walletless Layer 1 blockchain developed by Burnt for regular people. It lowers the obstacles to Web3 adoption by removing the complexity associated with blockchain, such as maintaining private keys and navigating complicated interfaces, and leverages features like gasless transactions and email-based logins.
The effort also makes use of chain abstraction technology in order to hide the technical complexities of blockchain from the end user. This method allows non-technical developers to easily create user-friendly apps.
In other words, with XION, you don't need to be a blockchain expert to enjoy the benefits of Web3. That’s how it opens up a world of possibilities, making decentralized applications accessible to a much wider audience.
Key features of $XION tokens
The $XION token is the fuel that powers the XION ecosystem, playing a wide array of important roles. The following part outlines some of the key features that underscore $XION tokens’ importance:
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Utility token:
$XION is designed to be a utility token, meaning it has real-world applications within the XION ecosystem. It's used for everything from network fees and staking rewards to governance rights and ecosystem utility. -
Proof-of-Stake (PoS):
With a PoS consensus mechanism, $XION holders can stake their tokens to help secure the network while earning rewards. This fosters active involvement and improves the overall stability of the blockchain. -
Governance rights:
$XION token holders have a voice in the future of the XION platform. They can participate in governance decisions, voting on protocol upgrades and other important proposals. -
Facilitates transactions:
$XION tokens are used to enable walletless transactions, making it easy and efficient to communicate with decentralized apps on the XION blockchain. -
Ecosystem utility:
The token in question also serves as a medium of exchange and provides liquidity support within the XION ecosystem, which further boosts its utility and value.
How to prepare for XION listing on Bitget Wallet?
Preparing for the XION listing on Bitget Wallet involves several important steps to ensure a smooth experience for users. As a new and promising cryptocurrency, XION's listing presents an opportunity for investors to engage with the token early.
Step 1: Download Bitget Wallet
To claim your XION airdrop after its listing, the first step is to ensure your wallet is ready. Use Bitget Wallet, which supports multi-chain tokens. Add the appropriate network, such as Ethereum or any blockchain specified for XION, to your wallet settings to facilitate seamless transactions.
Step 2: Create and fund your wallet
Set up a new wallet or import an existing one into Bitget Wallet. Make sure to securely store your wallet’s seed phrase and private keys, as well as having it sufficiently funded to cover potential fees associated with trading $XION tokens.
Step 3: Verify eligibility
Verify your eligibility for the XION airdrop. Visit the dApps page on Bitget Wallet and search for "XION", then visit their official website or check their social media channels for detailed instructions on the claim process.
Ensure you meet any specific requirements, such as holding a certain token amount, interacting with a dApp, or using a particular wallet address.
Step 4: Connect your wallet
Once your eligibility is confirmed, navigate to the claim page provided by the XION project. Connect your Bitget wallet by clicking the “Connect Wallet” option, ensuring the process is secure and authorized.
Step 5: Claim the tokens
After connecting, the claim page will display the number of XION tokens available for you to claim. Follow the prompts to initiate the claim and confirm the transaction in your Bitget wallet. Be prepared to pay a small gas fee, typically in ETH or the native currency of the blockchain.
Step 6: Check your wallet
After successfully claiming, check your wallet balance to ensure the XION tokens have been added. If the tokens do not appear, you may need to add the XION token contract address manually to your wallet.
This information is usually available on the project’s official channels or a trusted blockchain explorer.
Step 7: Secure Your Tokens
After successfully claiming your XION tokens, it is essential to secure your assets effectively. If necessary, consider transferring your tokens to a more secure storage solution, such as a hardware wallet, to minimize the risk of theft or loss.
Additionally, monitor the token price after the listing for potential trading opportunities, as market fluctuations can create favorable conditions for buying or selling.
▶Read more: Airdrop Claim Tutorial: How to Claim Airdrop to Your Wallet?
Conclusion
In general, Bitget Wallet is an excellent choice for the storage and management of $XION tokens when they become available. With a variety of features and robust security measures, it offers a user-friendly and secure platform that facilitates an optimal trading experience.
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