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 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
- Bitget Announces Pre-Market Trading for Cat Gold Miner (CATGOLD)
Victoria, Seychelles, 30th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced introducing Cat Gold Miner (CATGOLD) to its pre-market trading platform, allowing users to engage in CATGOLD transactions ahead of its official spot market debut.
Bitget's pre-market trading platform serves as an over-the-counter marketplace, enabling buyers and sellers to negotiate and execute trades for new tokens before their official listing. This setup allows participant2024-12-30
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BitgetAirdrop of 50 Million BWB: Official Launch of Bitget Wallet's Ecosystem Token! The moment we've all been eagerly anticipating has finally arrived: the official launch of Bitget Wallet's ecosystem token, BWB! As the foundational asset of the decentralized Bitget Wallet ecosystem, BWB empowers holders with exclusive benefits, including governance rights within our communities and eligibility for future rewards. With a legacy that spans over 5 years and a global user base of more than 19 million, the introduction of BWB marks a significant milestone in the history of Bitget2024-03-18
BitgetBuy KAS / ARB / RNDR / OP / SHIB using credit/debit card with zero fees Starting today, users can enjoy fee-free Buy KAS / ARB / RNDR / OP / SHIB using credit/debit card with zero fees purchases with a credit/debit card for 7 days! Supported fiat: CAD and more (140+ fiat currencies). Buy crypto now! Take advantage of our weekly 0-fees promotions, including Flash Wednesday and Weekend 48-hour offer to buy BTC, USDT, BGB, ETH, USDC, XRP, SEI, CYBER, PEPE1, SOL, DOGE, PYUSD, LTC, BNB, ADA, TRX, MATIC, AVAX, BIGTIME, LINK, NERD, MEMECOIN,2024-03-12
BitgetBitget Unveils Blockchain4Her Ambassador Program Joined By Female Crypto Leaders Victoria, Seychelles, March 8, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of the Blockchain4Her (B4H) Ambassador Program — a unique project under the Blockchain4Her Initiative, aimed at bolstering inclusiveness in the publicly secure funding opportunities for women. The new program will give aspiring women the chance to act as ambassadors and catalysts for change, encouraging more individuals to join.2024-03-08
BitgetBitget Monthly Report of February 2024 Introduction In February 2024, the cryptocurrency market experienced a significant uptick in momentum, characterized by notable achievements and increased optimism among investors. The total open interest in Bitcoin (BTC) and Ethereum (ETH) reached new highs, indicating a strong and expanding market engagement. This bullish trend was amplified by the excitement in the AI sector, especially as cryptocurrencies related to this field saw significant increases. This surge was partly fueled by the2024-03-07
BitgetBitget Unveils Record-Breaking February 2024 Protection Fund Valuation, Peaking at Unprecedented $543 Million VICTORIA, Seychelles, 2024 March 5 — Bitget, the world's leading cryptocurrency exchange and Web3 company, unveiled its February 2024 Protection Fund Valuation Report. According to the report, the fund recorded its highest average monthly valuation, surpassing 461 million, and peaked at an unprecedented 543 million on February 28th. This highlights Bitget's dedication to safeguarding its users. Within the cryptocurrency realm, Bitget's Protection Fund is recognized for its substantial com2024-03-05
BitgetBuy SUI / INJ / NEAR / DYDX / GALA using credit/debit card with zero fees Starting today, users can enjoy fee-free SUI / INJ / NEAR / DYDX / GALA purchases with a credit/debit card for 7 days! Supported fiat: CAD and more (140+ fiat currencies). Buy crypto now! Take advantage of our weekly 0-fees promotions, including Flash Wednesday and Weekend 48-hour offer to buy BTC, USDT, BGB, ETH, USDC, XRP, SEI, CYBER, PEPE1, SOL, DOGE, PYUSD, LTC, BNB, ADA, TRX, MATIC, AVAX, BIGTIME, LINK, NERD, MEMECOIN, TIA, ORDI, GAS, DCK, LUNA, UNI, APT, ACE, NFP, XPET, AI, RUNE, MA2024-03-01
BitgetBitget's South Asia Crypto Spot Trading Volumes Grow by 500% Victoria, Seychelles, 26th February 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company shared insights into its growth and surging volumes. According to recent reports, Bitget thrived with a total trading volume exceeding US$3.14 trillion in 2023. Notably, spot trading volume surged to US$81.6 billion, marking an impressive 94% increase despite market turbulence. This growth increased by multifolds in the South Asia region with a 540% increase in spot trading volume i2024-02-29
BitgetBitget Partners with Runbot: The Best Crypto Trading Signal BotsIn the fast-paced world of cryptocurrency trading, staying ahead of the curve requires cutting-edge tools and strategies. Runbot.io emerged as a game-changer, offering a comprehensive platform that empowers traders to build, backtest, and automate their trading strategies with unmatched precision and ease. Unlock the Power of Automated Trading Build and Execute with Professional Standards: Runbot.io enables users to craft sophisticated trading strategies without the need for coding. The visual2024-02-27
BitgetNavigating the Canadian Cryptocurrency Tax Landscape Cryptocurrency taxation in Canada encompasses a complex set of rules governed by the Canada Revenue Agency (CRA). The CRA classifies cryptocurrency as a commodity, and as such, it is subject to either Income Tax or Capital Gains Tax, depending on the nature of the transaction. For Bitget users, understanding these aspects of Canadian crypto taxation is vital for compliance and optimizing tax positions. Taxable Crypto Transactions: Cryptocurrency2024-02-22
BitgetBitget's January 2024 Report: Leading Derivative Trading Volume Growth and Second-Year Partnership with Messi Introduction: The crypto market's optimism surged in early January, driven by expectations for Bitcoin ETF approvals and Bitcoin Halving, pushing the market cap to a one-year peak of $1.8 trillion. Ethereum's 2024 roadmap, focusing on improved scalability, security, and efficiency, also hinted at broad impacts on the crypto sector, reflecting its dynamic and promising nature. Bitget, meanwhile, has actively pursued growth, leading the derivative trading volume growth among CEXs in January wit2024-02-14
BitgetBitget Study: Assets Under Custody Surged by 250%, Highlighting Opportunities for PursuitCustodial accounts, typically offered by third-party services, provide users with a secure method to store their digital assets. Understanding how long these accounts are used — whether for short-term or long-term storage — is important for analyzing investor behavior, market dynamics, and the evolving nature of the crypto ecosystem. The study utilized data from Bitget's third-party custodial accounts (also referred to as custodial wallets in this study), which were launched in August 2023 thr2024-02-08
BitgetBitget Wallet Enhances BTC Ecosystem Support with ARC-20 Inscription and Lightning Network IntegrationThe world-leading Web3 trading wallet, Bitget Wallet, has announced that the support of ARC-20 inscriptions and integrating the Bitcoin Lightning Network in its latest version, further bolstering its support for the Bitcoin ecosystem. ARC-20 Inscription In its latest app version, Bitget Wallet now supports ARC-20 inscriptions, enabling users to inscribe ARC-20 inscriptions and check market trends. Bitget Wallet is committed to enhancing the mobile user experience and will continue to expand s2024-02-07
BitgetBitget Proof of Reserves (POR) Report: February 2024 VICTORIA, Seychelles, February 7, 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has introduced its latest monthly Proof of Reserves (PoR) report, showcasing its strong dedication to transparency. The report reveals an exceptional total reserve ratio of 159%, emphasizing Bitget's unwavering commitment to ensuring user funds are consistently supported by substantial reserves. With these regular PoR disclosures, Bitget upholds2024-02-07
BitgetOne-Third Of Job Applicants In Crypto Come From Banking — Bitget ReportThis study by Bitget reveals the profound transformation taking place at the intersection of traditional finance and the crypto industry. It provides a comprehensive analysis of talent migration from traditional banking to the cryptocurrency space, offering key insights into this unprecedented shift. Explore this report for a deeper understanding of how the finance sector is adapting to the era of Web3 and decentralized technologies, challenging the long-standing dominance of traditional banking2024-01-25
BitgetTop 10 Most Influential Canadian KOLs in Web3O Canada, the birthplace of politeness, maple syrup, and some of the most influential people in Web3! Park your moose and grab a double-double, it’s time to explore the Top 10 Most Influential Canadian KOLs in Web3. Of course, it would be un-Canadian to rank fellow northerners, this list is in no particular order and spans across industry and expertise. Farokh Trader Mayne Virtual Bacon Russell Matthews Crypto Gorilla T3tra Michaela Lallouz Jyothee Aleco The Mango Way2024-01-17
BitgetBitget Report: Blockchain Market Funding Shows Limited Gender Diversity, Female-led Startups Raise Only 6% Of Overall FundsThis study investigates the current state of funding for blockchain startups, focusing specifically on the disparity in investment patterns between male- and female-led startups. Bitget analyzed recent funding data to assess the degree of change in investment patterns for both groups over the past two years. The analysis utilized both qualitative and quantitative methods to evaluate the extent of the funding gap. Key takeaways provided as a result of this research may be useful in understandin2024-01-11
BitgetBitget Transparency Report 20232022 kept us on the edge, and 2023 continued with its unpredictable pace. Amidst market fluctuations, Bitget achieved significant breakthroughs, including substantial user and volume growth, business expansion, and an expanded compliance footprint. In the Bitget Transparency Report 2023, we will revisit our remarkable journey throughout the year. TL;DR ● Despite market challenges, Bitget's overall volume reached $3.14 trillion as spot trading volume surged by 94% ● Bitget Token (BGB) saw exc2024-01-09
BitgetBitget Wallet 2023 Recap: Rebranding, 12 Million Users, Unparalleled Trading In 2023, the ascent of Web3 wallets gained momentum as several prominent exchanges launched their own versions. Among these, Bitget Wallet, the foremost world-leading Web3 trading wallet (formerly known as BitKeep Wallet), boasting a five-year legacy, emerged as a trailblazer in setting industry benchm arks. It has consistently achieved numerous firsts, establishing itself as the pioneer in offering a comprehensive view across all blockchains, aggregating real-time DEX market2023-12-28
BitgetCelebrating Our Time Together: Bitget 2023 Annual Report Throughout our 5-year journey as the most dedicated crypto exchange, Bitget has never stopped finding ways to improve user experience with us. This year, we are happy to introduce the new Bitget 2023 Annual Report function, which should serve as a quick yet insightful summary of all your activities on Bitget. Keep Track Of Your Portfolio The idea of a personal annual report is to help our users - traders, investors, copy traders, stakers, and DeFi lovers alike - review the actions they've taken2023-12-25
BitgetBitcoin Ecosystem — The Engine for the Next Bull MarketAbstract As we entered 2023, the wealth effect of Bitcoin has become quite evident, with its price increasing from US$16,500 at the beginning of the year to US$42,000. In addition to Bitcoin itself, market funds have also flowed into its ecosystem. The most notable example is the surge in the BRC-20 sector under the Ordinals protocol. The market size of BRC-20 tokens has now surpassed US$4 billion, a nearly 40x increase from the US$100 million in March of this year.2023-12-15
BitgetBitget Monthly Report (Nov 2023): Spot Trading Surges by 82% With Crypto Market Resurgence November 2023 marked a year since the market turbulence and continuous regulation tightening in the crypto space. Nevertheless, the growth recorded has tremendously outperformed the expectations of market recovery. In November, Bitcoin and altcoin prices consistently increased due to a wide range of contributing market segments. Bitcoin traced back 130% since its 2022 lows and broke $700 billion in market cap. In November, as financial markets relaxed amidst a range of macro risks, it bolster2023-12-12
BitgetBitget Exchange: Where Popular & New Listing Tokens BloomBitget stands as a burgeoning hub in the ever-expanding world of cryptocurrencies, a place where both established and emerging tokens find fertile ground to flourish. Esteemed as the premier copy trading platform, Bitget boasts a vast array of over 500 cryptocurrency tokens and upwards of 500 spot trading pairs. It continually updates with exciting new listings, focusing on enhancing the crypto trading experience. Regular additions of trendy tokens to Bitget Spot Trading and Bitget Innovation Zo2023-12-07
BitgetLoving Bitget? Share Your Thoughts On TradingView!Do you like our integration with TradingView? If you enjoy trading on Bitget and making a good profit, or if you are happy with the seamless experience, spread your word to support Bitget by rating us on TradingView today! TradingView is a charting and social media network that is loved by more than 50 million+ traders and investors worldwide. If you haven't tried using TradingView, perhaps you should! Check out our guide here. Bringing The Community Closer The community in the cryptocurre2023-12-05
BitgetBitget Partners with Coinrule: Empowering Traders with Automated Strategies In the ever-evolving world of cryptocurrency trading, the demand for tools that simplify and enhance the trading experience is on the rise. Enter Coinrule, a dynamic and rapidly growing trading bot provider that has been making waves in the industry. With its user-friendly interface and a plethora of features designed to cater to both newcomers and seasoned traders, Coinrule has quickly gained recognition and investment from prominent firms and angel investors.Sign up with Coinrule’s referral2023-11-30
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