BingX to list INIT token on spot platform starting April 24
BingX backs blockchain scaling
BingX, one of the world’s leading cryptocurrency exchanges, has announced the upcoming listing of the Initia (INIT) token on its spot trading platform.
Trading for the INIT/USDT pair is scheduled to officially begin on April 24, 2025, at 11:00 UTC, offering global users the opportunity to engage with one of the most technically innovative blockchain projects entering the market, according to the exchange’s website.
What is Initia (INIT)?
Initia is a pioneering network that enables the development of omnichain rollups through a unique fusion of Layer 1 infrastructure and application-specific Layer 2 solutions. The Initia platform provides teams with the tools to build scalable and sovereign systems, simplifying user interaction within traditionally complex multi-chain environments.
At its core, Initia aims to streamline interaction among users, developers, and decentralized applications through a fully integrated tech stack. This comprehensive integration supports the implementation of innovative chain-level economic mechanisms that align incentives across all participants in the ecosystem.
Listing details
Trading Pair: INIT/USDT
Launch Time: April 24, 2025, at 11:00 UTC
Trading will commence once the liquidity requirements for INIT deposits are fulfilled. Users are encouraged to monitor platform announcements, as the actual launch time may vary slightly from the scheduled one.
Important notice for traders
BingX has issued an investment risk warning, reminding users that cryptocurrency investments are subject to significant risks, including market volatility, technical issues, and regulatory uncertainties. Traders are advised to exercise caution and make informed investment decisions.
In addition, BingX strongly recommends that users ensure the blockchain network selected for deposits and withdrawals matches the INIT network supported on the platform to avoid any loss of assets. Trading parameters will be adjusted dynamically based on market conditions.
Commitment to innovation
BingX reaffirmed its commitment to expanding trading opportunities and improving user experience by supporting technologically promising projects. The listing of INIT aligns with this strategy, introducing a new blockchain architecture to the market.
Previously, BingX also announced its integration with CScalp, a free, high-performance trading terminal designed for active crypto and futures traders.
