Ethereum News Today: Bitget Lists NERO Chain for Spot Trading with 65M Token Rewards in CandyBomb Campaign

Bitget, a leading cryptocurrency exchange, has announced the listing of NERO Chain (NERO) for spot trading on its platform, effective 28 July 2025 at 7:00 UTC. Trading for the NERO/USDT pair will commence immediately, with withdrawals becoming available the following day at 8:00 UTC. To incentivize participation, Bitget is distributing 65,000,000 NERO tokens through its CandyBomb campaign, with rewards allocated across three pools: 7,500,000 NERO for combined NERO, ETH, and SUI trading; 15,000,000 NERO for NERO-specific trading; and 42,500,000 NERO for ETH and SUI trading pools. The campaign runs until 4 August 2025 [1].

NERO Chain, described as a modular blockchain prioritizing application-layer value creation, introduces features such as native account abstraction, gas sponsorship via paymasters, and Blockspace 2.0. The platform aims to enable decentralized applications (dApps) to capture and share transaction fees, shifting value accrual from infrastructure to developers and users. Bitget positions the listing as a strategic move to expand its ecosystem, emphasizing NERO’s compatibility with Ethereum Virtual Machine (EVM) standards and its potential to facilitate Web2-to-Web3 transitions through scalable infrastructure [2].

The structured rollout—prioritizing deposits before trading—aligns with industry best practices to ensure liquidity and user preparedness. The 7:00 UTC start time targets peak global trading hours, maximizing accessibility for diverse user bases. While Bitget has not disclosed projected trading volumes or user growth metrics, the reward program signals an aggressive strategy to drive short-term engagement. Token incentives are commonly used to stimulate initial trading activity, though long-term success hinges on NERO’s technological adoption, developer activity, and macroeconomic conditions in the crypto market [3].

Bitget’s broader market positioning is underscored by its portfolio of over 800 trading pairs and a roadmap to expand to 900 pairs. The exchange’s focus on CeDeFi (centralized-decentralized finance) solutions and strategic partnerships, including collaborations with motorsports and football leagues, highlights its efforts to bridge traditional and crypto ecosystems. However, the NERO listing is presented as an operational update rather than a strategic milestone, with no mention of regulatory developments or new partnerships tied to the announcement.

The CandyBomb campaign reflects a competitive strategy in a crowded exchange market, where token rewards are increasingly leveraged to attract traders. While such initiatives can generate short-term buzz, their efficacy depends on equitable distribution mechanisms and sustained user trust. For NERO, the challenge lies in converting initial trading momentum into lasting adoption, supported by its innovative economic model and developer tools [4].

Source: [1] [Bitget Lists NERO Chain (NERO) for Spot Trading with 65M in Token Rewards](https://coinmarketcap.com/community/articles/688710af73c5052668338fca/)

[2] [Bitget (@bitgetglobal) / X](https://x.com/bitgetglobal)

[3] [Market Data from stoone.co.kr](http://www.stoone.co.kr/app/market/)

[4] [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/)