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Trust Wallet Launches First Launchpool Project With WHY Token

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Trust Wallet Launchpool offers users and TWT holders access to rewards and exclusive project tokens in a secure, decentralized environment.

DUBAI, UAE — Trust Wallet, the world’s leading self-custody Web3 wallet trusted by over 140 million users, has launched its newest feature, Trust Wallet Launchpool and the first projects and tokens users can explore: TWT, $WHY and slisBNB.

Trust Wallet Launchpool allows TWT holders and other token holders who are Trust Wallet users to earn rewards by discovering and engaging with promising projects in a secure and user-friendly way. By locking tokens like TWT or any partner tokens designated for each campaign, users can acquire new tokens or rewards from both pre-launch and launched token projects, diversifying their portfolios and supporting innovative ventures with minimal risk.

With this feature addition, Trust Wallet becomes the first self-custody wallet to offer launchpool opportunities – providing its users with exclusive access to rewards and tokens from emerging projects, while supporting the growth of Web3 communities.

“Trust Wallet Launchpool aligns perfectly with our mission to build a more inclusive Web3 ecosystem while giving back to the community, including TWT holders and partner token holders. It provides our users with unique opportunities to engage with innovative projects and earn rewards, all without the risks typically associated with centralized platforms.” said Eowyn Chen, CEO of Trust Wallet.

How Trust Wallet Launchpool Works

Trust Wallet Launchpool is part of the app’s “Earn” section, designed to provide users with a simple and secure way to engage with early-stage crypto opportunities. Users can select projects they are interested in and lock TWT or other tokens in specific pools to earn new tokens as rewards. This offering is fully supported by on-chain smart contracts and open-source protocols, ensuring transparency and security, and setting it apart from centralized alternatives.

First Project On Trust Wallet Launchpool

For the first launchpool project, Trust Wallet users can lock their tokens in 2 pools and earn rewards. The locked tokens are:

  • TWT – Trust Wallet Token, an integral component of the Trust Wallet ecosystem, exhibiting versatility across multiple blockchain networks. It exists in various formats: as a BEP-20 asset on the BNB Smart Chain and also as an SPL token on the Solana network. TWT’s primary utility lies in its governance function. It empowers token holders with the ability to influence key decisions regarding the development and evolution of Trust Wallet. And from today, TWT can be used as part of Trust Wallet Launchpool.
  • slisBNB – slisBNB unleashes the full potential of BNB, allowing users multiple layers of yield such as Launchpools, Liquidity Staking, DeFi rewards.

The reward token for this launchpool project is $WHY, a top meme coin on BNB chain. WHY is a bipolar elephant in a bipolar crypto market. Skyrocketing in popularity with a unique story, worldwide community, and commitment to fairness and longevity. $WHY is an exciting project embodying everything we love about meme culture! As part of the campaign 4.2 Trillion WHY tokens (worth $1.2+ Million) are available for rewards.

  Locking & Reward Structure:

  • Campaign Duration: 7 days
  • Locking Tokens Amount: No minimum or maximum limit
  • Reward Distribution: Every 8 hours. Users can claim rewards at any time after distribution.
  • Withdrawal Rules: Locked tokens cannot be withdrawn until the campaign ends

After the campaign ends, any unclaimed TWT will automatically roll over to the next session, ensuring continued participation and early access to future rewards.

Additional Details:

  • Users need to hold TWT or slisBNB in their wallet to participate.
  • A small amount of BNB is required to cover gas fees for locking and claiming rewards

Benefits for Users and Web3 Projects

Trust Wallet Launchpool benefits both users and projects by creating a mutually supportive environment. This feature provides a safe, decentralized way to earn project tokens, empowering users to engage with the evolving Web3 landscape while supporting the growth of promising ventures. For Web3 projects, Trust Wallet Launchpool offers a unique platform to increase visibility and build a solid community base. By connecting with Trust Wallet’s extensive user base, projects can attract more users and gain momentum in a competitive market.

Nate Zou, Head of Product at Trust Wallet, added: “Trust Wallet Launchpool is a natural evolution of our commitment to our community. We want to provide our users with more ways to engage with Web3 opportunities while offering our partners a sustainable method to grow their user base and strengthen their community.”

Trust Wallet Launchpool is now available on the latest version of the Trust Wallet app. Be among the first to explore exclusive rewards and project tokens. Download Trust Wallet now.

About Trust Wallet

Trust Wallet is the secure, self-custody Web3 wallet and gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, as well as buy, sell, and stake crypto to earn rewards — all in one place and without limits.

For media enquiries, contact: Dami Odufuwa, Head of Communications press@trustwallet.com 

Media Contact:

Dubai, UAE
Dami Odufuwa, Head of Communications
press@trustwallet.com 
https://trustwallet.com/

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Press Release

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

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DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

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DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

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DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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