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XBIT DEX Opens Whitelist for Prediction Leverage Feature Before June 11 Launch

According to the company’s official statement, XBIT DEX plans a full platform launch before June 11 and is running a whitelist trading campaign from May 26 to June 10 with a 30,000 USDC prize pool.

USDC

Summary

XBIT DEX said it has officially opened whitelist applications for its prediction leverage feature, a product that appears designed to combine market prediction activity with leveraged trading exposure. The company stated that a full platform launch is expected before June 11. It is also holding a whitelist trading campaign from May 26 through June 10, with a 30,000 USDC prize pool. The announcement indicates that XBIT DEX is using early-access incentives ahead of launch, a common approach among crypto platforms seeking to attract users and test engagement before broader rollout.

Terms & Concepts
  • DEX: A decentralized exchange, or DEX, is a crypto trading platform that lets users trade digital assets without relying on a centralized intermediary.
  • Leverage: Leverage is a trading mechanism that allows users to increase market exposure by borrowing or amplifying position size, which can raise both potential gains and losses.
  • Whitelist: A whitelist is a pre-approved access list that allows selected users to join a product, feature, or campaign before a wider public release.