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
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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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- Spot MarginBitget Spot Margin Trading: Profit From Shorting Without Holding Coins Spot margin trading builds on traditional spot trading, offering the same market depth but with the added capability to both buy (long) and sell (short)! What is shorting? Shorting involves selling a cryptocurrency with the expectation that its price will fall. Investors borrow a certain amount of the target currency, sell it at the current high price, and then buy it back at a lower price once the value drops. Specifically, you can borrow N units of the asset to sell for cash and later r2024-10-23
- Spot MarginHow Does Bitget Spot Margin Amplify Your Profits? Spot margin is a foundational trading tool that can significantly increase your profits. But how exactly does it work to double your earnings? Going long Going long indicates your expectation that the target coin's value will increase. It operates similarly to traditional spot buying—buy low, sell high. However, spot margin differs by allowing you to borrow USDT for trading. For instance, if you are bullish on BTC but have limit2024-10-23
- Spot MarginWhy Choose Bitget Spot Margin Trading? Have you ever wished you had more funds when making spot trades? Want to amplify your profits by leveraging more capital? If so, we strongly recommend Bitget spot margin trading. What advantages does Bitget margin trading offer? 1. More trading funds: Bitget spot margin trading allows you to borrow assets by maintaining a margin. For example, the BTC/USDT trading pair supports 10X leverage, which means that yo2024-10-23
- Hot EventsConquer The Halloween Carnival Month In Bitget Futures Titan Leaderboard Step into the eerie thrill of Halloween Carnival Month, where the air is thick with suspense, and the futures market is buzzing with opportunity! Picture this: it’s late at night, and the only light in your room is the faint glow of your trading screen. Outside, the wind howls like a distant specter, but inside, your focus is razor-sharp. Each trade you place is like casting a spell and bringing you closer to untold riches. Bitget Futures Titan Leaderboard is the battleground where traders tr2024-10-23
- Press releaseBitget Lists X Empire (X) on Its Launchpool Following Pre-Market Success Victoria, Seychelles, 22nd October, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has added X Empire (X) to its launchpool after the success of pre-market listing. The new listing provides users an additional opportunity to accumulate X tokens, further fueling demand for the project. Bitget users can now stake BTC and ETH, and win X tokens for their participation. The listing is a part of Bitget's ongoing efforts in bringing diverse and innovati2024-10-22
- BitgetBitget Hosts the Blockchain4Her South East Asia Awards “Shine Bright like a Woman” Victoria, Seychelles, Aug 22 2024 - Bitget, a leading cryptocurrency exchange and Web3 company, is proud to announce the launch of the South East Asia Blockchain4Her Award celebrating women’s role for driving innovation and gender inclusivity in the blockchain industry in the region. South East Asia's thriving blockchain landscape, where talented women have played an important role, has attracted investors and entrepreneurs looking to tap into this burgeoning hotspot. Nominations for the So2024-10-22
- Press releaseBitget Partners with Solayer to Launch CEX-based Solana (SOL) Liquid Staking Services Victoria, Seychelles, 22th October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of its Solana (SOL) liquid staking service, in partner with Solayer, a leading restaking network on Solana. This service introduces BGSOL, a token that users receive in exchange for staking their SOL assets, providing them with increased flexibility and a broader range of opportunities within the decentralized finance (DeFi) space. Liquid staking, offered thr2024-10-22
- Press releaseBitget lists Piggy Piggy Coin (PGC) on Pre-market for Advance Trading Orders Victoria, Seychelles, 22nd October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of PiggyPiggy Coin (PGC) in its Pre-market allowing users to place buy and sell orders prior to its launch. The pre-market period will start on October 22nd, 2024, 10:00 (UTC), with spot trading beginning shortly after. This early trading option is designed to give users a unique opportunity to participate in the PCG market prior to its full av2024-10-22
- Press releaseBitget Lists Solana-based memecoin Goatseus Maximus (GOAT) in Innovation, and AI zones Victoria, Seychelles, 21st October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has just launched Bitget has announced the listing of Goatseus Maximus (GOAT), a Solana-based memecoin, in its Innovation, AI, and Meme Zone. Goatseus Maximus operates on the Solana blockchain and has gained attention due to its goat-themed concept and promotion by the AI Bot, Truth Terminal. This combination of unique branding and AI-driven marketing has propel2024-10-21
- Press releaseBitget Announces the Listing of Scroll (SCR) in the Innovation, Zk and Layer2 ZoneVictoria, Seychelles, 21st October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, announced the listing of Scroll (SCR) in its Innovation, Zk and Layer2 Zone. This listing will now make SCR tokens available on spot. Deposits are currently open, and trading will be available starting on October 22, 2024, at 08:00 (UTC), following the conclusion of pre-market trading that began in September. The available trading pairs include SCR/USDT and SCR/EUR. Scroll is a security-focuse2024-10-21
- Press releaseBitget Announces Pre-Market Trading for Cros Token (CROS) AI Platform for In-Game Advertising Victoria, Seychelles, 17th October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Cros Token (CROS) in pre-market trading, allowing users to trade the token ahead of its official spot trading debut. The pre-market period will run from October 17, 2024, 10:00 (UTC), to October 23, 2024, 10:30 (UTC), with spot trading beginning shortly after on October 23, 2024, at 11:00 (UTC). This early trading option is designed to give users a unique opportun2024-10-17
- Press releaseBitget brings GRASS (GRASS) to Pre-Market For Advance Trading Orders Victoria, Seychelles, 17th October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of GRASS (GRASS) for pre-market trading, allowing users to place advance trading orders before the token becomes available for spot trading. The pre-market phase is open, traders can engage in GRASS/USDT trading through Bitget’s platform, benefiting from an opportunity to participate in early trades ahead of the wider market release. GRASS is a decentralized data lay2024-10-17
- FiatTwo Golden Opportunities for Zero-Fee Crypto Purchases With Credit/Debit Cards on Bitget! Ready to embark on a trading journey like never before? Break free from the arduous calculations of trading fees! Bitget is thrilled to introduce two zero-fee campaigns, providing you with one-stop solutions for seamless crypto purchases. Get ready to buy crypto in your local currency every week, fee-free, and embrace the pure astonishment and delight of crypto! Flash Deals: Buy Crypto for Zero Fees Every Monday and Thursday! Who says Mondays and Thursdays can’t be fun? With Bitget, we're makin2024-10-16
- FiatA Simple Guide to Buying X Empire (X) with Fiat on Bitget If you're looking to invest in X Empire (X) tokens but want to use fiat currencies, you're in the right place. This guide will walk you through the steps to buying X tokens with ease on the Bitget platform. What is X Empire (X)? X Empire (X), formerly known as Musk Empire, is a strategy tap-to-earn Telegram game that allows players to build and manage their own empire in a futuristic virtual world. The game’s theme is centered around Elon Musk. Although X Empire is not officially endorsed by2024-10-16
- Press releaseBitget Lists X Empire's Token (X) on Pre-Market: Latest AI-Powered NFTs and Gaming on TON Victoria, Seychelles - 11 Oct 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the listing of X Empire’s X Coin (X) on its Pre-Market platform, giving users early access to this rapidly growing project. Built on the TON blockchain, X Empire is an innovative AI-powered platform that merges digital identity creation with personalized NFTs and blockchain gaming. This move further establishes Bitget as a top platform for supporting Telegram2024-10-12
- Press releaseBitget Launches Telegram App Centre, Featuring Over 600 TON Trending Mini-Apps Victoria, Seychelles, 11 October 2024 — Bitget, a leading cryptocurrency exchange and Web3 company, announces a significant feature launch, Telegram App Centre, curating over 600 Telegram mini-apps all in one place, making it the most comprehensive page on the market outside of Telegram. This feature enables users to discover and interact with the latest airdrop opportunities, trending communities, and play-to-earn games directly from within their Bitget accounts. Bi2024-10-11
- Press releaseBitget Lists Puffer Finance (PUFFER) on Launchpool with 2,700,000 Tokens in Rewards Victoria, Seychelles, 11th October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Puffer Finance (PUFFER), a decentralized liquid restaking protocol from the Eigenlayer ecosystem, on its Launchpool platform. This initiative provides users with an opportunity to engage in free token farming, with the Launchpool period running from 14th October to 21st October. A total prize pool of 2,700,000 PUFFER tokens will be available for distribution duri2024-10-11
- FiatHow to Buy Crypto with the Mexican Peso (MXN) on BitgetWith Bitget's recent integration of the Mexican Peso (MXN) through SPEI, purchasing cryptocurrency has never been easier for users in Mexico. This integration, in partnership with Swapple and other third-party providers, aims to deliver a seamless, secure, and efficient crypto on-ramp experience. What is Crypto On-Ramp? Crypto on-ramp refers to the process of converting traditional fiat currency into cryptocurrency. This process provides a secure and reliable way to purchase crypto, typically2024-10-11
- Press releaseBitget Partners with Puffer Finance (PUFFER) for Gas-free Airdrop ClaimVictoria, Seychelles, 10th October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic partnership with Puffer Finance (PUFFER), a decentralized liquid restaking protocol within the Eigenlayer ecosystem. This collaboration allows Bitget users to claim the PUFFER governance token through a gas-free airdrop, making it easier for users to receive their airdrops with better incentives. Users will see these tokens automatically credited to their Bitget acco2024-10-10
- Press releaseBitget Tightens Token Listing Criteria with Mandatory Legal and Team Reviews Bitget Reinforces its Mandatory Background Checks As It Updates Its Policy and Listing Rules Cryptocurrency exchange Bitget is introducing new stringent standards for token listings to protect users from the growing number of exit scam projects. Every blockchain project seeking to list its token on the platform undergoes a comprehensive legal review to verify its code quality, security and compliance aligned with Bitget’s strategy. “Projects looking to list a token on Bitget must undergo a r2024-10-10
- Press releaseBitget's Protection Fund in September Sustained Above Initial $300M Commitment Amidst Market Volatility VICTORIA, Seychelles, 10th October, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, has released the latest valuation of its Protection Fund for September 2024. The fund, an essential safeguard for the exchange and its users, has remained resilient over the past year, maintaining a valuation comfortably above the initial $300 million commitment. As of the end of September, the fund is valued at approximately $428.5 million, marking one of the highest valuations in recent mo2024-10-10
- Press releaseBitget Integrates GMCI Indices Enabling Curated-Secured Trading Victoria, Seychelles, 8th October 2024: Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the addition of the GMCI indices to its futures market, enabling traders to access a diversified range of assets securely. The GMCI indices are curated based on strict criteria to ensure a verified overview of the market. For any coin to be included in the GMCI Indices, it must be actively traded on at least one of eight major centralized exchanges (CEXs) with sufficie2024-10-08
- Press releaseBitget Proof-of-Reserves September: Bitget Ends the Quarter with 30% Jump in Users’ Assets in Ethereum (ETH) Victoria, Seychelles, 30th September 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. This update shows the platform’s commitment to transparency and security, highlighting significant growth in both user assets and platform reserves. In September 2024, Bitget’s proof of2024-09-30
- Press releaseBitget Lists Eigen Layer (EIGEN) with 26,000 tokens in rewards Victoria, Seychelles, 30th September, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Eigen (EIGEN) in its Innovation, LSD, ReStaking, and GameFi Zone, marking a significant addition to its growing list of tokens on the platform. Trading for EIGEN will be available accordingly on October 1, 2024 (UTC), while deposits are open. With the integration of Eigen into Bitget's ecosystem, users have an opportunity to engage with a dynamic and innovativ2024-09-30
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