Blog>
Bitget lists Qubic (QUBIC), the AI-based Layer 1 blockchain on Spot market
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
2024-06-29
Bitget Supports BGB Smart Contract Upgrade, Advancing for Future On-Chain UtilitiesHow to buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade nowRecommended
Press releaseBitget Marks 8 Years With UEX Vision Built for Perfect TradesVictoria, Seychelles, September 14, 2026 — Bitget, the world’s largest Universal Exchange (UEX), is marking its eighth anniversary under the theme “8uilt for Perfect Trades,” celebrating eight years of trading innovation as the platform enters its next phase of growth across crypto, traditional markets and institutional trading. This comes a year in which Bitget accelerated its Universal Exchange strategy, bringing a wider range of global markets into one trading platform. At the peak, non-crypt2026-09-14
Press releaseBitget Protection Fund Reports $382M Average Valuation in August as Bitcoin Rally Strengthens ReservesVictoria, Seychelles, Sept 14, 2026 — Bitget, the world's largest Universal Exchange (UEX), has released its latest Protection Fund report, showing an average valuation of $382 million in August 2026 as Bitcoin rallied through the second half of the month, lifting the fund's U.S. dollar valuation. The Protection Fund reached a monthly high of $441.5 million on August 27 and recorded a monthly low of $345.3 million on August 1. Throughout August, the fund maintained a valuation above its origina2026-09-14
Press releaseBitget Becomes First Crypto Exchange to Integrate Official Nasdaq Data, Upgrading to Institutional-Grade Market InfrastructureVictoria, Seychelles, September 10, 2026 — Bitget, the world's largest Universal Exchange (UEX), has become the first crypto exchange to adopt official Nasdaq market data, bringing exchange-sourced US equity market information directly into the infrastructure supporting its US-equities-related products. The upgrade replaces third-party aggregated feeds with official Nasdaq data as Bitget continues to build out the market infrastructure behind its Universal Exchange. Bitget supplements the Nasda2026-09-10
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 buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now