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 launches Fund Custody service with dedicated wallet to elevate safetyUsers with total assets over 100,000 USDT may apply for a separate custodial wallet Victoria, Seychelles 11 Jan 2023 - Leading crypto exchange Bitget launches the Fund Custody service for professional investors and institutions. The service will provide dedicated wallets to qualified accounts to maximize protection of customers' funds on the platform. The exchange also recently released the latest snapshot of its Merkle tree Proof of Reserves to reassure users that their assets are held in 1:12023-03-10
Press releaseBitget sees largest market share growth after FTX bankruptcy The exchange surged into the Top 3 derivatives exchange list with a 2.6x market share increase Victoria, Seychelles, Jan 19, 2023 - Leading crypto derivatives exchange Bitget has become one of the world's top 3 crypto exchanges in the derivatives sector paired with enormous achievements, such as a 2.6x market share increase and 8 million registered users in 100+ countries globally, despite the poor market sentiment after FTX's bankruptcy in 2022. 2022 was o2023-03-10
Press releaseBitget's KCGI 2022: Football Edition celebrates the World Cup with record-breaking participation Over 32,000 users took part in various competitions sharing a total rewards pool of 565,000 USDT. Victoria, Seychelles (23 Dec 2022) - Leading crypto exchange, Bitget, announces the conclusion of its biannua l trading tournament, King's Cup Global Invitation ("KCGI"): Football Edition with a record-breaking participation. Hosted from Nov 21 to Dec 19, a total of 32,174 participants joined the tournament in team battle, individual competition and invitational competition. Th2023-03-10
Press releaseBitget airdrops seed NFT with USD 2M rewards to FTT holders during World Cup The exchange sees users growth while the market sentiment seeks a safe and compliant trading platform Seychelles, December 5, 2022 – Leading global cryptocurrency exchange, Bitget launches its Seed NFTs collection, together with attractive rewards and various perks, and will airdrop NFTs to qualified FTT holders amidst the World Cup period. With a reward pool of close to USD 2 million, this NFT collection is a part of2023-03-10
Press releaseBitget shares Merkle Tree Proof of Reserves to enhance transparency Users' assets safeguarded with at least 1:1 reserve ratio Seychelles, Dec 5, 2022 – Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves ("PoR"), using the cryptographic-audited Merkle tree method, and that users' assets stored on the platform are safeguarded. The2023-03-10
Press releaseBitget launches major campaign with Messi to reignite confidence in the crypto market Tenacious efforts with USD 20 Million investment in campaigns and rewards Leading global cryptocurrency exchange, Bitget, has announced a series of marketing campaigns with Lionel Messi, the Argentinian Football legend, with the launch of the brand film to celebrate the 2022 World Cup. With this USD 20 Million investment in campaigns and rewards, Bitget aims to benefit users with attractive rewards, help enhance market sentiment and reignite confidence2023-03-10
Press releaseBitget registers in Seychelles and plans to grow its global workforce by 50% Seychelles, Nov 22, 2022 – Leading global cryptocurrency exchange Bitget announces that it has registered in Seychelles to aid global expansion. The exchange operates in a decentralised manner with no specific headquarters, with regional hubs in strategic markets, and plans to set up more regional hubs in the future. The exchange has also updated its recruitment plan with a new target of 1200 headcount by the first quarter of 2023, increasing its workforce by another 50% from its exist2023-03-10
Press releaseBitget launches "Bitget Insights" to enhance social trading initiativesBitget’s new social feature allows users to learn from credible traders and share trading strategies. October 31, 2022 – Leading global cryptocurrency exchange Bitget announces the launch of its new feature “Bitget Insights''. The feature serves to integrate social media with social trading via the Bitget exchange. The launch signifies the next stage in Bitget's crypto social trading initiative, aimed at benefiting both new retail investors as well as seasoned traders. With Bitget Insights,2023-03-10
Press releaseBitget partners with Leo Messi The partnership signals the meeting of sports and crypto, a promise of lasting efforts to benefit two worlds HONG KONG, Oct. 24, 2022 /PRNewswire/ -- Leading global cryptocurrency exchange, Bitget announces that it has entered into a partnership with Lionel Andrés Messi, the iconic Argentinian footballer and winner of a record-breaking seven Ballon d'Or Awards. The announcement kicks off the engagement between Bitget and Messi, with a film production a2023-03-10
Press releaseBitget Becomes Official Sponsor of Juventus Women’s Football Team March 8, 2023, Victoria, Seychelles – Global cryptocurrency exchange Bitget has announced on International Women's Day that it has become an official sponsor of the Juventus Women’s Team.Juventus Women, as they are better known, are one of Italy’s most successful football teams, having won five league titles, two Coppa Italia titles, and three Supercoppa Italiana titles. Bitget’s decision to sponsor the Juventus Women’s Team was inspired by its own company composition. 40% of employees in mana2023-03-08
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