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Bitget Adds Nexpace (NXPC) Margin Trading to Boost Web3 Gaming

by | May 16, 2025 - 22:20

Bitget has launched isolated spot margin trading for the Nexpace (NXPC)-USDT pair, enhancing liquidity and flexibility for decentralized gaming enthusiasts. The move aligns with Nexpace’s mission to revolutionize Web3 gaming through player-owned economies and interoperable assets. Traders can now leverage up to 5x on NXPC positions while participating in a voucher distribution campaign.

The feature went live on 15 May 2025 at 06:00 UTC, following NXPC’s initial listing on Bitget’s Innovation Zone three days prior. Withdrawals became available on 16 May at 07:00 UTC, completing the integration of Nexpace’s native token into Bitget’s advanced trading ecosystem.

Bitget CEO Gracy Chen stated, β€œThis launch bridges decentralized gaming with sophisticated financial tools, empowering users to capitalize on Web3’s growth.” The exchange plans to distribute spot margin interest vouchers and position vouchers randomly to users, offsetting borrowing costs or enabling collateral-free trading.

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Bitget’s Strategic Expansion in Crypto Derivatives

As the world’s largest crypto derivatives platform by open interest, Bitget has consistently introduced innovative products like copy trading and quant-driven strategies. The exchange reported a 300% year-over-year increase in Web3 gaming-related trading volume prior to the NXPC margin launch.

Recent platform upgrades include:

  • Isolated margin mode for risk management
  • Real-time liquidation price alerts
  • Multi-collateral support across 50+ assets

Nexpace’s Vision for Blockchain Gaming

Nexpace operates a decentralized gaming platform where players truly own in-game assets as NFTs. Its NXPC token facilitates transactions across a metaverse spanning RPGs, virtual real estate, and cross-game item markets. The project’s 2025 roadmap emphasizes:

  • Avatar interoperability between games
  • DAO governance for game development
  • Play-to-earn mechanics with staking rewards

According to Bitget’s market analysis, NXPC could stabilize between $5-$7 by late 2025 if adoption targets are met. This represents a potential 40% upside from current levels.

Trading Incentives and Risk Management

Bitget’s promotional campaign offers:

  • Spot margin interest vouchers (up to 100% fee coverage)
  • Position vouchers for collateral-free trading
  • Random airdrops through the Coupons Center

The exchange emphasizes that while margin trading amplifies potential gains, users should employ stop-loss orders and portfolio diversification. NXPC’s 24-hour trading volume surged 178% post-launch, reaching $47 million according to on-chain data.

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The NXPC margin listing signals growing institutional interest in gaming tokens, with derivatives open interest for the sector hitting $2.1 billion industry-wide. Analysts predict similar integrations for Axie Infinity and Illuvium if this pilot succeeds.

This article is for informational purposes only and does not constitute financial advice. Please conduct your own research before making any investment decisions.

Feel free to "borrow" this article β€” just don’t forget to link back to the original.

Dean J. Driessen

Dean J. Driessen

Editor-in-Chief / Coin Push Dean is a crypto enthusiast based in Amsterdam, where he follows every twist and turn in the world of cryptocurrencies and Web3.

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