Bitget Blog
Bitget Unveils Over $5 Billion Worth of BGB Token Burn in New Whitepaper
Victoria, Seychelles, 27th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has released a new whitepaper for its native token, Bitget Token (BGB). The update introduces an unprecedented initiative to burn 800 million BGB tokens—valued at over $5 billion based on current market prices—alongside plans to expand the token's utility. This move shows Bitget’s commitment to enforce a deflationary supply model for BGB, accelerating its utility.
The new whitepaper int
2024-12-27
2024-12-27
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- Bitget Launches TraderPro Season 4 with Grand Prize of 10,000 USDT
Victoria, Seychelles, 30th December 2024 –
Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of
TraderPro Season 4, a premier campaign to spotlight top traders and reward outstanding performance. Participants in this competitive event have the opportunity to win significant rewards, including a
Grand Prize of up to 10,000 USDT for elite trading achievements.
Bitget’s TraderPro campaign introduces a2024-12-30
- Bitget Introduces PoolX – BGB Carnival with four airdrops
Victoria, Seychelles, 30th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce a PoolX Carnival Event to celebrate the merger of its ecosystem tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB). This campaign has aligned with Bitget's commitment to delivering continuous benefits and a broad range of exclusive privileges to all users.
Bitget ecosystem has achieved significant growth, securing its position as one of the largest CEX ecosyste2024-12-30
- Bitget Completes First-Ever Burn of 800 Million BGB Tokens, Reducing Supply by 40%Victoria, Seychelles, 30th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company has successfully completed the initial burn of its native Bitget Token (BGB), reducing the total supply by 40%. This strategic move involved burning 800 million BGB tokens, effectively decreasing the total supply from 2 billion to 1.2 billion tokens. The burn process was executed by transferring the tokens to a designated burn address, ensuring their permanent removal from circulation.
The dis2024-12-30
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Press releaseBitget Supports BGB Smart Contract Upgrade, Advancing for Future On-Chain Utilities Victoria, Seychelles, 1 st July, 2024 - Bitget, the leading cryptocurrency exchange and Web3 company, has announced the upgradation of the smart contract address for its native token BGB. The development aims to expand the utility and potential of the Bitget token (BGB), opening up new avenues for its use in various decentralized applications and future listings on major centralized and decentralized exchanges. Bitget will upgrade the BGB smart contract addre2024-07-01
Press releaseBitget lists Qubic (QUBIC), the AI-based Layer 1 blockchain on Spot market Victoria, Seychelles, 29th July, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced adding QUBIC tokens from the innovative Proof-of-Work based blockchain ecosystem Qubic. The token is now listed on spot corridor and trading will go live at 10 AM UTC, 1st July, 20204. Qubic's Smart Contracts differ significantly from others. Each contract must pass a Quorum proposal vote, ensuring only useful and legitimate contracts are added. When a Smart Contract is ac2024-06-29
Press releaseBitget brings Avail (AVAIL) Web3 Infra Project to Pre-market Victoria, Seychelles, 28th June, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced including Avail Project's AVAIL tokens in pre-market token sales for its users. With this, AVAIL tokens will be available for Bitget users to place buy and sell bids prior to its initial launch. Avail is accelerating the unification of Web3 via the Unification Layer, enabling a secure, scalable and seamlessly interconnected experience for end users of the ecosystem. The AV2024-06-28
Press releaseBitget adds Web3 Gaming and Education Platform Layer3 (L3) on Premarket Victoria, Seychelles, 28th June, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced adding Layer3, a gamified Web3 education platform based L3 tokens on Premarket. With this, users can gain early pricing power over L3, making it easier to become the primary trading market for the asset once it is listed on various exchanges. With Layer3 users can discover crypto learning with interactive quests, making learning fun, engaging, and rewarding. Players can co2024-06-28
Press releaseBitget to Launch Social Campaign in Vietnam to Warn About Crypto Scams and Risks Victoria, Seychelles, 28th June, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, will launch a unique social project in Vietnam. The campaign aims to educate people on how to use cryptocurrency securely and prevent fraud through engaging and understandable posters and banners. These educational materials, which will provide tips on detecting and avoiding cryptocurrency scams, will be displayed in public spaces such as bus stops, subways, and street billboards.2024-06-27
Press releaseBitget Premarket adds Animoca brands-based membership NFT project Mocaverse (MOCA) Victoria, Seychelles, 27th June, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced adding Animoca brands-based membership NFT collection Mocaverse in pre-market token sales for its users. With this, MOCA tokens will be available for Bitget users to place buy and sell bids prior to its initial launch. Mocaverse is building an interoperable consumer network with an omnichain token - MOCA. The token powers the Moca Network, an int2024-06-27
Press releaseBitget brings TeleportDAO (TST) to Poolx for users to earn passive tokens Victoria, Seychelles, June 27th, 2024 - Bitget, the leading cryptocurrency exchange and Web3 company, announced the listing of TeleportDAO based TST tokens on PoolX for users to reap stake-to-mine benefits. Deposits for TST are now open and trading for the TST/USDT pair will be available from June 27, 2024, 08:00 UTC. Users participating on PoolX for TeleportDAO can stake BGB to mine TST. The mining period runs 9:00 AM UTC, 27th June to 9:00 UTC,2024-06-27
Press releaseBitget Research Report Reveals Deepfakes May Account for 70% of Crypto Crimes in Two Years Victoria, Seychelles, 26th June 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has released a detailed report outlining the impact of deepfake technologies on the cryptocurrency industry. The document reveals a sharp increase in the use of deepfakes for criminal purposes that has led to total losses of over $79.1 billion since the beginning of 2022. This study addresses deepfake-related fraud in cryptocurrency by analyzing absolute figures of2024-06-24- BitgetBitget Research: Deepfakes May Reach 70% of Crypto Crimes in Two Years Deepfakes, generated by artificial intelligence (AI), have legitimate applications in scientific research and entertainment. However, this technology is increasingly being weaponized by criminals. The growing spread of highly realistic fabricated content can influence the financial decisions of ordinary people, increasing the risk of fraud globally. The threat extends beyond imitations of influencers’ speeches. Deepfake attacks can be tailored to target spe2024-06-24
Press releaseBitget Launches Initial Listings for Blast (BLAST) token on Spot Market Victoria, Seychelles, June 26, 2024 - Bitget, the leading cryptocurrency exchange and Web3 company, announced the listing of one of the most awaited Layer 2 ecosystems Blast.io for initial listings of BLAST tokens on Spot corridor. Under the innovation zone, Bitget lists high potential trending projects during their token generation event (TGE). With this, Blast users can trade their newly airdropped BLAST tokens along with new users interested in early market access via2024-06-25
Press releaseBitget and Foresight Ventures Launch $20 Million TON Ecosystem Fund Amid TON Surpassing Ethereum in Daily Active Addresses Victoria, Seychelles , June 26, 2024 - Bitget, the leading cryptocurrency exchange and Web3 company, announced a $20 million TON Ecosystem Fund in alliance with Singapore-based investment firm Foresight Ventures, aiming to support early-stage projects building on The Open Network (TON). This strategic initiative highlights the duo's commitment to fostering innovation and deve2024-06-25
Press releaseBitget Lists Solana-based Memecoin: Watercoin (WATER) now available on PoolX Victoria, Seychelles, June 25th, 2024 - Bitget, the leading cryptocurrency exchange and Web3 company, announced the listing of Watercoin ecosystem based WATER tokens on PoolX for users to reap stake-to-mine benefits. With this, Bitget presents users a chance to accumulate more tokens via staking avoiding extra costs of purchasing newer tokens. This stake-to-mine feature is now live with a pool of 40,78,000 WATER tokens for distribution. The token allocation will be determined by the user's stak2024-06-26
BitgetBitget Proof-of-Reserves (PoR) in June portrays a 46% increase in user assets for Ethereum (ETH) Victoria, Seychelles, 25th June 2024 - Bitget, the world's leading cryptocurrency exchange and Web3 company, has shared its monthly update for the transparent tracking of its proof-of-reserves (PoR) highlighting the reserve ratios of Bitcoin (BTC), Ethereum (ETH), USDT and USDC. As compared to May, the amount of users' BTC, USDT, ETH surged by 9%, 10% and 46% in June. The recent POR report emphasizes Bitget's security with over 163% of reserve ratio accounting for all2024-06-25
Press releaseBitget Strengthens Partnership with Ethena by Supporting USDe in Earn Offerings and Futures Collateral VICTORIA, Seychelles, June 20th, 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, announced the expansion of the partnership with Ethena, a synthetic dollar protocol developed on the Ethereum blockchain, to introduce its synthetic USDe into services such as Bitget Savings and Coin-Margined (Coin-M) Contracts. Created by Ethena Labs, USDe is a synthetic dollar that aims to provide a censorship-resistant, stable, and scalable digital asset. Since its ince2024-06-20
FiatHow to Buy Crypto with UPI on Bitget The ease of access and straightforwardness of purchasing are key factors in promoting the uptake of cryptocurrency. This article provides a detailed tutorial on using UPI to acquire cryptocurrencies on Bitget, specifically for those intending to use Indian Rupees (INR) for their transactions. What is UPI? UPI (Unified Payments Interface) is a real-time payment system developed by the National Payments Corporation of India (NPCI). It facilitates instant fund transfers between two bank accoun2024-06-20
Press releaseBitget Pre-Market Brings Hamster Futures Coin (HMSTRBG) prior to Hamster Kombat (HMSTR) listing Victoria, Seychelles, 19th June, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has enabled users to trade Hamster Future Coins (HMSTRBG) before getting early access for HMSTR tokens from the trending Hamester Kombat gaming ecosystem via the Pre-market platform. With this, users can gain early pricing power over HMSTR by tra2024-06-20
Press releaseBitget Records Highest Capital Inflow and Open Interest Surged 39.2% in May, Reaching $9.74 Billion Victoria, Seychelles, 18th June 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has navigated May with resilience, maintaining its position as a top derivative exchange with the highest capital inflow amongst centralized exchanges and sustained open interest growth. According to CCData's report, During the wake of the Bitcoin Halving and BTC ETF events, the combined spot and derivatives trading volume on centralized exchanges declined by 20.1% to $5.27 trillion i2024-06-18- BitgetBitget May 2024 Report: Record Capital Inflow, New CEO Appointment, and BWB Token Launch Introduction Amidst the aftermath of Bitcoin Halving and BTC ETF events, the cryptocurrency market entered a phase of consolidation in May. Bitget navigated this period with resilience, maintaining its position as a top derivative exchange. The month was marked by significant developments within Bitget, including the appointment of a new CEO, the launch of the BWB token, the introduction of the Elite Trader campaign, and Pizza Day celebrations worldwide. Additionally, Bitget continued to ex2024-06-18
Press releaseBitget lists ZkSync (ZK) tokens on PoolX for users to earn 'extra' ZK tokens Victoria, Seychelles, 18th June, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of ZkSync based ZK tokens on PoolX platform for users to stake their existing ZK and earn more on top of it. This stake to mine feature is now live with a pool of ZK tokens for distribution. A total of 413,700 ZK available, with a maximum staking limit of 4,137,000 ZK. The token allocation will be determined by the user's staked ZK divided by the total stake2024-06-18
Press releaseBitget Announces the Latest Listing of Cookie3 Victoria, Seychelles - June 13, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces the listing of Cookie3, a cutting-edge platform providing data-driven marketing solutions for the Web3 ecosystem. This listing represents a significant step forward in offering innovative blockchain-based tools and services to our global user base. Cookie3 is a pioneering platform that offers data-driven marketing solutions, enabling businesses to gain deeper insights into Web2024-06-13
Press releaseBitget COO Apprentices Showcase Talent at the University of Nicosia Event Victoria, Seychelles, June 13 2024 – Bitget, a leading cryptocurrency exchange and Web3 company, is excited to announce the participation of its COO Apprentices in a collaborative meetup event with the University of Nicosia. The event is held at the UNESCO Amphitheatre of the University of Nicosia on June 12, 2024. This event marks the first appearance of Bitget's COO Apprentices at an external crypto event, offering them invaluable experience in networking and learn2024-06-13
Press releaseBitget Adds Pirate Nation (PIRATE) GameFi Token on PoolX Victoria, Seychelles, 12th June, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of Pirate Nation's native tokens PIRATE, which fuel the Ethereum-based roleplaying game. With PoolX users can now stake BGB and USDT to mine PIRATE tokens. The listing of PIRATE is now live on PoolX and trading will go live at 4 AM (UTC) on 13th June, 2024. Pirate Nation is a fully on-chain game utilizing blockchain technology to offe2024-06-12
Press releaseBitget PoolX Lists EtherMail's Email Token (EMT) For Stake-to-Mine Rewards Victoria, Seychelles, 12th June, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of Email Token based EMT tokens on PoolX platform. Users can stake BGB and USDT to mine EMT tokens. The listing of Email Token is now live on PoolX and trading will go live at 10AM (UTC) on 12th June, 2024. EtherMail is a Web3 email communication solution provider that provides "wallet-to-wallet" communication setting standards for an2024-06-12
Press releaseBitget Partners with Three Turkish National Athletes under the #MakeItCount Campaign Victoria, Seychelles, 11th June 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, announces the addition of renowned Turkish Athletes, Buse Tosun Çavuşoğlu, Samet Gümüş and İlkin Aydın to its #MakeItCount campaign. The campaign initially launched with Lionel Messi in 2022, and the latest formed sports collaborations represent a commitment to expanding Bitget's vision of inspiring and empowering its users in Turkey.2024-06-11
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