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 Revolutionizes CEX Platform with Web3 Wallet and Swap Integration VICTORIA, Seychelles, 2023 November 7 — Bitget, top crypto derivatives and copy trading platform, has announced the launch of its new Web3 feature. By integrating a Web3 Wallet and Swap service into its app, Bitget has strengthened its CEX platform with advanced DeFi capabilities. This integration aims to connect the possibilities and choices offered by decentralized finance (DeFi) with the security and convenience of centralized finance (CeFi), enabling users to benefit fr2023-11-07
Press releaseUnlock Free Blockchain Education with Bitget: Introducing the 'How-To' Webinar Series Victoria, Seychelles - Bitget stands out as a frontrunner in the world of cryptocurrency, and we are thrilled to reinforce our steadfast dedication to providing free cryptocurrency education for everyone, from enthusiasts to beginners. In our quest to champion a knowledgeable crypto community ready for the future financial landscape, we're introducing a range of programs and initiatives that adhere to our core mission. Join us for the inaugural session of the 'How To' webinar series – the Tr2023-11-07
Press releaseBitget to invest in Indian Blockchain Startups To Support the On-going Crypto Adoption Wave VICTORIA, Seychelles — November 6th, 2023 — Bitget, the leading cryptocurrency derivatives and copy trading platform, has announced its strategic plans of investing in blockchain startups based in India, under its Blockchain4Youth (B4Y) $10 million Web3-focused project. The initiative kicks off on 6th November and will conclude on 4th December, 2023 at BUIDL for Web3, India's premier multi-chain summit, organized by Lumos Labs and BuidlersTribe, pow2023-11-06
Press releaseBitget Enhances Institutional Fiat Gateways with EURO Deposits and Withdrawals VICTORIA, Seychelles - Nov 6 , 2023: Bitget, the leading crypto derivatives and copy trading platform, has announced the launch of Euro (EUR) fiat gateway exclusively tailored for Bitget institutions. This exclusive EURO fiat gateway is tailor-made for all verified Bitget institution accounts, providing versatile offerings and seamless access to deposit and withdrawal features. The new institutional service for EUR transfers ensures a secure environm2023-11-06
Press releaseBitget Outperforms Industry with Strong Proof of Reserves Ratio of 199% VICTORIA, Seychelles, November 3, 2023 — Bitget, top crypto derivatives and copy trading platform, has unveiled its latest monthly Proof of Reserves (PoR) report, continuing its commitment to comprehensive transparency with its total reserve ratio of 199%. This POR report upholds Bitget's pledge to users that their funds are fully backed 1:1 and available on demand. With reserve ratios nearing 200%, Bitget surpasses the industry standard of 100% by doubling it.2023-11-03
Press releaseBitget Celebrates the 100th Republic Day of Turkey with ₺1 million TL Scholarships and Activities Victoria, Seychelles — October 31 , 2023 — Bitget, the leading cryptocurrency derivatives and copy trading platform, has announced an array of exciting activities with its Turkey-based users in celebration of the 100th Republic Day of Turkey, including a ₺1 million TL scholarship, Bitget blue scooters, and enticing airdrops. In support of the youth of Turkey, Bitget will distribute the funds for its younger userbase to claim up to ₺1 million (TL) Fund. Bitget2023-11-01
Press releaseIntroducing Our Newest Partner: Moonbit Introducing Our Newest Partner: Moonbit In an ever-evolving crypto landscape, Bitget continues to prioritize offering our users the most innovative and effective tools to empower their investment journey. Today, we are thrilled to announce our partnership with Moonbit, a force in the realm of intelligent crypto investing. Why Moonbit? Moonbit is not just another investment platform; it embodies a philosophy we deeply resonate with – making sophisticated investing accessible. They believe, as2023-11-01
Press releaseBitget Builders Program Continues to Empower Young Talents with the Commencement of the Second Phase Bitget, a leading cryptocurrency exchange and web3 company, is pleased to announce the success and popularity of the Bitget Builders Program during its first phase and is excited to launch the second phase of the program. As part of the Blockchain4Youth charity project, the new phase of the Bitget Builders Program aims to recruit over 100 young talents worldwide and provide them with comprehensive education, training, and industry experiences in the fields o2023-10-30
Press releaseBitget Nominated as a Finalist at the Renowned FF Awards 2023 Hosted by Fintech Finance NewsBitget, the world's largest derivatives exchange and one of the prominent leaders in the cryptocurrency sphere, is honored to announce its nomination in the esteemed 'Best in Crypto' category at the Fintech Finance (FF) Awards 2023. As a fintech media giant, Fintech Finance News is renowned for spotlighting the brightest minds and innovations in the financial sector. This media entity is recognized for its accurate intelligence on emerging trends and groundbreaking technologies, providing key de2023-10-26
Press releaseBitget Launches Market Maker Incentive Program with Up to 0.015% Rebates and Monthly Subsidies VICTORIA, Seychelles — October 25 , 2023 — Bitget, the leading cryptocurrency derivatives and copy trading platform, has recently announced the launch of an incentive program aimed at collaborating with top 7a56e076-fcc9-4c1d-bd10-fd076180fbbb makers in the crypto sector. The program provides incentives such as trading fee rebates and monthly rewards for partners that contribute to the liquidity of Bitget Spot Market. According to the rule of th2023-10-25
Press releaseBitget's Q3 Growth: Second-Highest Market Share Surge and Record High for BGB Holders Key Takeaways: Irrespective of the decline in the market, Bitget recorded one of the highest increases in market share, rising to 9.43% in September BGB token became one of the Top 5 platform tokens by market cap and the number of BGB holders kept increasing and reached 354,472 in Q3 Bitget unveiled its expansion plans into the Middle East region Bitget launched the US$100 million EmpowerX2023-10-20
Press releaseBitget Introduces Groundbreaking "Futures Quant" Feature Transforming Cryptocurrency Investment in the Age of Intelligence Victoria, Seychelles Oct 17, 2023 — Bitget, top crypto derivatives and copy trading platform, has unveiled its latest product innovation: "Futures Quant." In the era of intelligence and evolving AI technology, Bitget continues to lead the way by offering cutting-edge solutions that empower users in their crypto investment journeys. Futures Quant represents a pioneering leap in intelligent investment tools. Leveraging advanced AI technology and sophisticated algorithms, this f2023-10-17
Press releaseBitget to Take Center Stage at Dubai’s Future Blockchain Summit, Reveals Bitget Card Plans VICTORIA, Seychelles, 16 October, 2023 – Bitget, a leading cryptocurrency derivatives and copy trading platform, is participating in the Future Blockchain Summit in Dubai Harbour from Oct 15 to Oct 18. Marking a strategic extension into the Middle East earlier this year, the participation leverages Bitget's operational scale-up in the region. Bitget also announced its plan to launch the Bitget Card, a premium crypto-backed credit card that serves as a crypto payment solution. The Fu2023-10-17
Press releaseBitget's Blockchain4Youth U30 Hackathon Unveils Winners: Nurturing Young AI and Blockchain Innovators VICTORIA, Seychelles — October 16, 2023 — Bitget, a leading cryptocurrency derivatives and copy trading platform, proudly announces the victorious teams of its Under 30 Virtual Hackathon, a dynamic initiative within the Blockchain4Youth CSR program. The competition, which unfolded from August 12 to September 24, 2023, witnessed outstanding innovation in the realms of AI and blockchain. With a robust collaboration between Bitget and industry leaders, including Bitget Wallet, Foresight Ventu2023-10-16
Press releaseBitget Announces Partnership with Blockpit: Revolutionizing Cryptocurrency Trading and Tax Reporting We are thrilled to announce a strategic partnership with Blockpit, a prominent player in the cryptocurrency tax compliance and portfolio tracking space. This dynamic collaboration marks a significant milestone in the cryptocurrency industry, combining Bitget's cutting-edge trading platform with Blockpit's advanced tax reporting and portfolio management solutions. Enjoy 15% off Blockpit Plans + Share $10,000 Rewards + BGB Raffle + 10% Off Trading Fee, more info: https://www.bitget.com/prom2023-10-16
Press releaseBitget Demonstrates Ongoing Commitment to Transparency with 207% Reserve Ratio in Monthly POR Report VICTORIA, Seychelles, Oct 12, 2023 — Bitget, top crypto derivatives and copy trading platform, has unveiled its latest monthly Proof of Reserves (PoR) report, continuing its commitment to comprehensive transparency with its total reserve ratio of 207%. This POR report upholds Bitget's pledge to users that their funds are fully backed 1:1 and available on demand. Since December 2022, Bitget has consistently shared verifiable PoR data on a2023-10-12
Press releaseBitget Protection Fund Valuation Report - September 2023 VICTORIA, Seychelles, 11th October, 2023 — Bitget, top crypto derivatives and copy trading platform, has released its Protection Fund Valuation Report for September 2023. Despite market movement's the fund's value has consistently exceeded US$300 million since last year November. In September, its worth peaked at $340 million, representing the highest level attained that month. Launched in August 2022, Bitget's Protection Fund stands as a pi2023-10-11
Press releaseBitget Elevates Industry Standing with MD Gracy Chen's Appointment to Forbes Business Council VICTORIA, Seychelles, Oct 5, 2023 – Bitget, crypto derivatives and copy trading platform, has announced that its Managing Director Gracy Chen has been appointed to the Forbes Business Council. This invitation-only council is an interactive hub for top industry leaders, entrepreneurs, and business minds to share ideas, resources, and experiences. This appointment recognizes Chen's outstanding leadership and underscores Bitget's commitment to shaping the future of cryptocurrency. "I am deeply2023-10-06
Press releaseBitget Study Uncovers Financial Goals and Investment Trends of Cryptocurrency Users Victoria, Seychelles, Oct 4 , 2023 — Bitget, top platform for crypto derivatives and copy trading, has unveiled a comprehensive study, shedding light on the financial objectives and ambitions of cryptocurrency investors and how investment behaviors vary across different nations. The research encompassed over 1,500 survey responses from participants hailing from 20 diverse countries, including those in Europe, China, Japan, South Korea, Turkey,2023-10-05
Press releaseBitget Study Unveils Regional Economics and Gender Impact Crypto User Financial Goals and Investment Behavior Victoria, Seychelles, Oct 5, 2023 — Bitget, top crypto derivatives and copy trading exchange, has released a study that sheds light on the financial aspirations and investment behaviors of crypto enthusiasts across the globe. The research, conducted from May 2023 to August 2023, engaged over 1,500 participants from 20 countries, including Europe, China, Japan, South Korea, and Turkey, as well as some English-speaking nations. Key takeaways: Top Financial Goals: Crypto investors prior2023-10-05
Press releaseBitget Unveils Signal Bot Trading Feature for Customized Trading Signals VICTORIA, Seychelles, September 28, 2023 — Bitget, top crypto derivatives and copy trading platform, introduces its latest innovation, the Signal Bot trading feature. This launch comes as a response to the growing demand from traders for advanced tools and strategies, with a particular focus on assisting novice traders in mastering intricate investment techniques. Bitget's Signal Bot empowers users by allowing them to customize trading signals on the TradingView platform, catering to their un2023-09-28
Press releaseBitget's Smart Portfolio Bot Enables Sophisticated Crypto Trading For Users Victoria, Seychelles, September 27, 2023 - Bitget, the leading crypto derivatives and copy trading platform , has announced the launch of Smart Portfolio, an intelligent investment bot designed to boost returns. This is a groundbreaking addition to its platform that promises to empower traders and investors with dynamic portfolio management capabilities, allowing users to rebalance assets based on price fluctuations to earn higher profits.2023-09-27
Press releaseBitget Copy Trading Enhances User Experience with Elite Trader Badges for Top Performers VICTORIA, Seychelles, September 26, 2023 — Bitget, top crypto derivatives and copy trading exchange, has announced a new feature they hope will redefine engagement and elevate the sense of achievement in crypto trading: Elite Trader Badges. These virtual wearables let traders display their accomplishments and unique trading styles. The addition of these badges marks a significant step toward fostering transparency, recognition, and community engagement on the platform. Gracy Chen, Ma2023-09-26
Press releaseBitget to List PayPal USD (PYUSD): A New Era of Compliance in Crypto Trading Victoria, Seychelles - September 26, 2023 - Bitget, top crypto derivatives and copy trading exchange, is thrilled to announce the upcoming listing of PayPal USD (PYUSD), a stablecoin issued and hosted by Paxos Trust Company, LLC, on its trading platform starting today. This strategic move reflects Bitget's commitment to providing traders with a seamless and compliant trading experience. PYUSD is a stablecoin meticulously crafted to adhere to the highest standards of compliance. Published2023-09-26
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