Bitget Lists NERO Chain with 65M Token Rewards Covering 5% of Supply

Generated by AI AgentCoin World
Monday, Jul 28, 2025 2:16 am ET1min read
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Aime RobotAime Summary

- Bitget launches NERO Chain (NERO) spot trading on July 28, 2025, with 65M token rewards to boost liquidity and engagement.

- NERO/USDT trading pair activates at 7:00 UTC, supported by 15M NERO in CandyBomb pools for Ethereum and SUI until August 4.

- NERO Chain, an EVM-compatible modular blockchain, redefines value capture by linking dApp success directly to developer/user rewards.

- Bitget allocates nearly 5% of NERO's total supply (1.3B tokens) to incentivize adoption, reflecting crypto exchange competition trends.

Bitget has announced the listing of NERO Chain (NERO) for spot trading on July 28, 2025, at 7:00 UTC, alongside a token reward program offering 65 million NERO tokens to incentivize participation [1]. The NERO/USDT trading pair will become available at the specified time, with withdrawal functionality enabled on July 29, 2025, at 8:00 UTC. The platform’s CandyBomb campaign allocates 15 million NERO to the NERO trading pool and 15 million each to pools involving Ethereum and SUI. The initiative, running until August 4, 2025, aims to drive liquidity and engagement on the exchange [2].

NERO Chain, a modular blockchain emphasizing application-layer value capture, is described as EVM-compatible with features like account abstraction and gas sponsorship. The project redefines traditional blockchain economics by enabling developers and users to benefit directly from dApp success, rather than relying solely on base-layer accrual. Bitget positions NERO as a strategic addition to its portfolio of over 800 cryptocurrency pairs, with a focus on expanding privacy-focused infrastructure and facilitating Web2-to-Web3 transitions through scalable solutions [1].

The listing aligns with Bitget’s broader strategy to highlight innovative blockchain projects. By offering a significant token reward, the exchange seeks to stabilize NERO’s early market dynamics amid potential price volatility. Analysts note that liquidity incentives can mitigate initial trading challenges, though long-term adoption will depend on the project’s technological utility and cross-platform integration [2].

The move reflects growing competition among crypto exchanges, which increasingly use token rewards to differentiate offerings. Bitget’s allocation of nearly 5% of NERO’s total supply (assuming 1.3 billion tokens in circulation) signals confidence in the asset’s potential while aligning with industry trends of user-driven growth. The exchange’s expansion into niche protocols like NERO also underscores its commitment to diversifying its ecosystem, bridging traditional and decentralized finance.

Source: [1] [Bitget Lists NERO Chain (NERO) for Spot Trading with 65M in Token Rewards] [https://coinmarketcap.com/community/articles/688710af73c5052668338fca/] [2] [Bitget Lists NERO Chain (NERO) for Spot Trading with 65M in Token Rewards] [https://www.financial-news.co.uk/bitget-lists-nero-chain-nero-for-spot-trading-with-65m-in-token-rewards/]