Bitget lists Qubic (QUBIC), the AI-based Layer 1 blockchain on Spot market

Press release

Victoria, Seychelles, 29th July, 2024 –
Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced adding QUBIC tokens from the innovative Proof-of-Work based blockchain ecosystem Qubic. The token is now listed on spot corridor and trading will go live at 10 AM UTC, 1st July, 20204.
Qubic's Smart Contracts differ significantly from others. Each contract must pass a Quorum proposal vote, ensuring only useful and legitimate contracts are added. When a Smart Contract is accepted, it's launched via an IPO with 676 shares.
The QUBIC tokens spent on the shares is locked into the Smart Contract, reducing QUBIC's circulating supply and paying for contract execution. Shareholders earn passive income from contract fees. The contract is self-sustaining until the locked QUBIC tokens is depleted, after which a portion of shareholder fees funds further execution. The first three Smart Contracts alone burned over 10.5 trillion QUBIC.
The Quorum protocol operates with 676 Computors (Validators) handling transactions, executing smart contracts, securing the blockchain, and liaising with Oracle Machines. It ensures finality and reliability by requiring over two-thirds of Computors to agree on a result. Qubic achieves this with an average block-time of 7 seconds due to its efficient "bare metal" code execution.
Bitget lists high potential tokens in its
innovation zone for spot trading. This provides improved accessibility to emerging DeFi ecosystems. The inclusion of QUBIC in Bitget's spot helps users engage in the initial launch phases of the trending tokens.
With a focus on providing users with opportunities to invest in popular and valuable projects, Bitget is now one of the top 10
crypto spot trading platforms with over 900 coins and 1000+ pairs. Bitget continues to lead in the crypto derivatives market, with its Open Interest (OI) indicator surging past $6 billion last month, securing a substantial 25% share of the total market. In the past 30 days, Bitget
recorded the highest monthly inflow among all centralized exchanges, with
$1.3 billion in new capital, strengthening its position as an industry leader.
For more information about QUBIC tokens on spot, please visit
here.
About Bitget
Established in 2018,
Bitget is the world's leading
cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the
Bitget exchange is committed to helping users trade smarter with its pioneering
copy trading feature and other trading solutions. Formerly known as BitKeep,
Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel
Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).
For media inquiries, please contact:
media@bitget.com
How to sell PIBitget lists PI – Buy or sell PI quickly on Bitget!
Trade nowRecommended
- Press releaseGlobal Web3 Giants Bitget and Avalanche Join Forces to Boost Web3 Ecosystem in IndiaNew Delhi, 28 April 2025: Bitget, the world’s leading crypto exchange and web3 company, announced a strategic collaboration with Avalanche®, the fastest and most reliable smart contracts platform in the world. Bitget and Avalanche are leaders in the field of digital asset trading and blockchain technology, respectively, and the partnership is aimed at leveraging the combined strength of both global brands to enable grassroots adoption of web3 technology. Avalanche is investing aggressively in th
2025-04-28
- Press releaseBitget Drops Exclusive LALIGA Skins: Trade in Style with Barça, Real Madrid & More Victoria, Seychelles, 28 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched its innovative "Your Team, Your Skin: LALIGA on Bitget" campaign in a move that blends the thrill of football with the excitement of crypto trading. The product update allows users to deck out their Bitget app with their favorite LALIGA team logo and compete for rewards, proving that in crypto, as in football, passion and strategy go hand in hand. Bitget, known for pushing the boun
2025-04-28
- Press releaseBitget Spreads Kindness This Ramadan by Providing 100,000 Meals to Those in Need Victoria, Seychelles, 28th February 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, is partnering with world-renowned humanitarian organizations, including the UN Refugee Agency, UN World Food Programme, ShareTheMeal, and the One Billion Meals Endowment, to distribute up to 100,000 meals to individuals in need during Ramadan. This initiative targets vulnerable communities in regions facing significant challenges, aiming to alleviate h
2025-02-28
We offer all of your favorite coins!
Buy, hold, and sell popular cryptocurrencies such as BTC, ETH, SOL, DOGE, SHIB, PEPE, the list goes on. Register and trade to receive a 6200 USDT new user gift package!
Trade nowHow to sell PIBitget lists PI – Buy or sell PI quickly on Bitget!
Trade now