Dear Bitunix Users,
Babylon (BABY) is getting listed on Bitunix. The supported trading pair will be BABY/USDT on the spot market and perpetual futures market.
Deposit & Withdrawal
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Deposits Effective Immediately
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Withdrawal: 13:00 on April 11, 2025 (UTC)
Spot Trading
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Spot trading for BABY/USDT will start at 13:00 on April 10, 2025 (UTC).
Futures Trading
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Futures trading for for BABY/USDT will start at 13:00 on April 10, 2025 (UTC), with up to 5x leverage supported.
*Please note:
Based on market risk conditions, Bitunix may adjust the parameters from time to time, which include the minimum moving price, maximum leverage, initial margin, and/or maintenance margin requirements.
The perpetual futures listed above are subject to the terms of the Bitunix Futures Services Agreement.
In the event of any discrepancies between the translated versions and the original English version, the English version shall take precedence.
Project Introduction
Babylon (BABY)
Babylon (BABY) is a decentralized protocol designed to enable native Bitcoin staking directly on the Bitcoin blockchain without intermediaries. It does this through a unique architecture that uses Bitcoin scripts, custom-built modules, and a connection to a secondary blockchain called Babylon Genesis.
It introduces a novel shared-security architecture that extends Bitcoin's robust security model to the broader decentralized ecosystem. By allowing BTC holders to participate in staking operations while maintaining their assets on the Bitcoin network, Babylon provides verifiable security guarantees to other networks that are parts of the Bitcoin Secured Networks (BSNs).
With Babylon, users don’t have to give up control of their Bitcoin. They keep it in their own wallets, and the protocol ensures their BTC is being used in a secure and trustless manner.
Official Website: https://babylonlabs.io/
Blockchain Explorer: https://www.mintscan.io/babylon
Regards,
Bitunix Team
April 10, 2025
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*Risk Warning:
The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. Bitunix attempts to screen all projects before they come to market. However, even with the best due diligence, there are still possible risks when investing. Bitunix is not liable for investment gains or losses.