The cryptocurrency landscape continues to evolve, with major exchanges expanding their asset offerings to meet growing investor demand. In a significant development, Bitget has announced the upcoming listing of Conflux (CFX) and Measurable Data Token (MDT) in its Hong Kong trading zone. This move enhances access for regional traders and signals increasing confidence in blockchain-based data ecosystems and scalable Layer-1 solutions.
Trading for both CFX and MDT will go live on February 20, 2025, at 19:00 UTC+8, with deposits opening at the same time. Withdrawals will be enabled the following day, February 21, at 19:00 UTC+8. Alongside standard spot trading, Bitget is also launching spot grid trading for both CFX/USDT and MDT/USDT pairs—providing algorithmic trading opportunities for users seeking automated strategies in volatile markets.
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Why This Listing Matters
The inclusion of Conflux and Measurable Data Token reflects broader market trends: institutional and retail interest in decentralized data economies and high-performance blockchain infrastructure is on the rise. These projects represent two critical pillars of Web3 innovation—secure, scalable networks and transparent data value exchange.
For traders in Hong Kong and across Asia, this listing offers new avenues to diversify portfolios with assets tied to real-world utility rather than speculative value alone. Let’s explore what makes each project stand out.
Understanding Conflux (CFX)
A High-Throughput Blockchain Built for Scale
Conflux is a Layer-1 blockchain designed to solve the long-standing trilemma of scalability, security, and decentralization. Using its unique Tree-Graph consensus mechanism, Conflux achieves high transaction throughput without sacrificing network security or decentralization—a challenge that has plagued many first-generation blockchains.
At the heart of the ecosystem is the $CFX token, which serves multiple critical functions:
- Gas fee payment: Users pay transaction fees in CFX.
- Staking rewards: Participants can stake CFX to secure the network and earn passive income.
- Network governance: Token holders vote on protocol upgrades and key decisions.
- Storage rental: Developers use CFX to rent storage space on the blockchain.
This multi-functional utility strengthens demand for CFX and supports long-term economic sustainability.
Conflux has gained traction in China and internationally due to its regulatory-compliant approach and partnerships with enterprises exploring blockchain integration. Its ability to support decentralized applications (dApps), NFTs, and DeFi protocols positions it as a strong contender in the next wave of blockchain adoption.
Exploring Measurable Data Token (MDT)
Empowering Data Ownership in Web3
In today’s digital economy, data is one of the most valuable assets—but users rarely benefit from it. Measurable Data Token (MDT) aims to change that by creating a decentralized data exchange ecosystem where individuals can share data securely and get rewarded for doing so.
MDT connects three key participants:
- Data providers (users who contribute behavioral or usage data)
- Data buyers (businesses seeking insights for product development or marketing)
- Data validators (ensuring quality and accuracy)
By tokenizing data contributions, MDT introduces transparency, fairness, and incentive alignment across the data supply chain. The platform uses blockchain to ensure data authenticity while preserving user privacy through anonymization techniques.
The native $MDT token facilitates transactions within the ecosystem:
- Rewards for data sharing
- Payments for data access
- Governance rights for protocol improvements
With increasing global focus on data privacy and ownership—especially under regulations like GDPR—MDT’s model aligns well with emerging ethical standards in tech.
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Trading Features Now Available
Bitget isn’t just listing these tokens—it’s integrating them into advanced trading functionalities from day one. Both CFX/USDT and MDT/USDT pairs support:
- Spot trading: Immediate buy/sell orders at current market prices.
- Spot grid trading: An algorithmic strategy that automatically buys low and sells high within a predefined price range—ideal for sideways or volatile markets.
Grid trading lowers emotional decision-making and allows users to capitalize on market fluctuations without constant monitoring. This feature is particularly useful for assets like CFX and MDT, which may experience short-term volatility but show long-term promise.
Traders can access these tools via Bitget’s intuitive interface, making sophisticated strategies accessible even to intermediate users.
Key Dates at a Glance
| Event | Time (UTC+8) |
|---|---|
| Deposit Opening | February 20, 2025 – 19:00 |
| Trading Launch | February 20, 2025 – 19:00 |
| Withdrawal Activation | February 21, 2025 – 19:00 |
Note: All times are in UTC+8.
Frequently Asked Questions (FAQ)
Q: What is the purpose of the $CFX token?
A: $CFX is the native utility token of the Conflux Network. It's used to pay transaction fees, participate in staking, engage in governance voting, and rent storage space on the blockchain. It also incentivizes miners who help secure the network.
Q: How does Measurable Data Token ensure user privacy?
A: MDT uses blockchain technology combined with anonymization methods to protect user identities. While data is shared and measured, personal identifiers are removed or encrypted, ensuring compliance with privacy standards while still delivering valuable insights to businesses.
Q: Can I start trading immediately after depositing?
A: Yes. Deposits open at the same time as trading—February 20 at 19:00 UTC+8. Once you’ve deposited CFX or MDT, you can begin trading instantly on the spot market.
Q: Is grid trading suitable for beginners?
A: While grid trading is automated, it works best in markets with moderate volatility. Beginners should start with small allocations and understand how price ranges and grid density affect performance. Bitget provides tutorials and risk management tools to help new users get started safely.
Q: Where can I find official project resources?
A: You can visit:
- Conflux: confluxnetwork.org
- Measurable Data Token: mdt.io
Social channels include Twitter and Telegram for both projects, where updates and community discussions take place regularly.
Final Thoughts
The listing of Conflux (CFX) and Measurable Data Token (MDT) on Bitget’s Hong Kong platform marks a strategic step forward for both projects and their communities. It brings greater liquidity, visibility, and accessibility—especially for Asian markets increasingly engaged with blockchain innovation.
As the lines between data economy and decentralized infrastructure blur, assets like CFX and MDT offer tangible use cases beyond price speculation. Whether you're interested in scalable blockchains or fair data economies, these tokens represent compelling opportunities worth exploring.
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Remember: Cryptocurrencies carry inherent risks due to market volatility. Always conduct thorough research and consider your risk tolerance before investing.