ElonGate (ELONGATE), The Biggest Charity Token, to List on BitMart Exchange
BitMart, a premier global digital asset trading platform, will list ElonGate (ELONGATE) on May 10, 2021. For all BitMart users, the ELONGATE/USDT trading pair will be officially available for trading at 4:00 AM EDT.
What is ELONGATE?
$ELONGATE is a Frictionless Yield and Liquidity Generation Token, where 10% transaction fee rewards holders and donates significant sums to charity.
ELONGATE is a cryptocurrency token that was born out of a tweet dated March 25 by billionaire technology icon and philanthropist Elon Musk. From there, a blockchain developer created ELONGATE, a community-driven token that integrates the general nature of crypto trading with charitable initiatives. A few days into its creation, community members self-organized to develop and scale the project. At present, the team is constantly expanding and is committed to further enhance the ELONGATE ecosystem. In the near future, this would include diversifying into the NFT space as well as developing its own ELONGATE platform.
As per the official ELONGATE website, the token is a frictionless, high yield, and deflationary coin built on the Binance Smart Chain. While the token was named after a tweet by Elon Musk, it has since become popular not only to Elon Musk fans but the internet and crypto community in general. ELONGATE is opening the gate between crypto and charity. Through passive transaction fees and active giving, it is exposing charitable causes to a world of untapped capital, and the crypto audience to a world of good.
*ELONGATE Trading Fees and Withdrawal Fees Explanation: ELONGATE token trading and withdrawal charge an extra 10% fee on top of BitMart Fees. These extra 10% fees include 5% to the liquidity pool for ELONGATE tokens and another 5% to existing ELONGATE holders on BitMart by a stake. BitMart will take daily snapshots of users’ ELONGATE transactions and distribute the holder rewards on a monthly basis. Distributions will be completed before the 10th of each month. To find out more details of ELONGATE’s 10% higher than standard trading and withdrawal fee structure of BitMart click here.
BitMart Exchange is a premier global digital assets trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 365+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
ELONGATE is a fully decentralized cross-chain swap protocol, with automated pricing and liquidity system. In March 2021, ELONGATE began as a meme, inspired by its favorite billionaire, Elon Musk. The battle against the global pandemic has forced the world to embrace digital initiatives in a parabolic trajectory. ELONGATE aims to harness our chance to self-reflect and channel this into charitable acts that could help make this world a better place. To learn more about ELONGATE, please visit their website, follow their Facebook, Twitter and Instagram, or join their Telegram as well as Discord.