Disclaimer: The knowledge offered on this article is sponsored/launched/paid content material, meant for promotional functions solely. Readers are suggested to train warning and conduct their very own analysis earlier than taking any motion associated to the contents of this web page or the Firm. Coin Version just isn’t chargeable for any loss or harm incurred because of or in reference to using the content material, services or products talked about.
Victoria, Seychelles, December 9, 2024: Bitget, the world's main cryptocurrency alternate and Web3 firm, has launched its native Wrapped Bitcoin (BGBTC), offering incomes alternatives for Bitcoin (BTC) holders. The newly launched characteristic provides a brand new avenue to maximise the potential of customers' BTC holdings by means of versatile staking choices and elevated rewards. BGBTC is backed by BTC on a 1:1 foundation, sustaining its worth parity and guaranteeing seamless integration into the broader ecosystem. It’s designed to allow extra worth for BTC holders, permitting them to take part in DeFi alternatives whereas preserving their publicity to Bitcoin.
In the course of the pre-launch section from December 9, 2024 to January 8, 2025, customers can stake BTC on Bitget to obtain BGBTC tokens. That is complemented by double BGPoints rewards in addition to a further 2% annualized return, paid out as a lump sum on the finish of the interval. Following this, Season 1 will formally start on January 9, 2025, with options akin to enhanced BGPoints advantages, versatile buying and selling choices, and partnerships with BitcoinFi platforms.
“The fast progress of the crypto trade worldwide, particularly within the Bitcoin ecosystem, evokes us to repeatedly innovate. BGBTC aligns with our objectives of offering higher options to our customers, making their buying and selling experiences smarter. This enables them to interact extra deeply with Bitcoin, entry larger yields, and take part in DeFi ecosystems beforehand out of attain,” mentioned Gracy Chen, CEO of Bitget.
BGBTC simplifies the method of incomes extra returns for BTC holders. By staking BTC, customers obtain BGBTC tokens, which give entry to a number of income streams together with fastened annualized returns, BGPoints, and upcoming options akin to loans. Customers can simply commerce their BTC throughout Season 1, guaranteeing most flexibility in managing their property.
Bitget strives to make sure a safe and rewarding expertise for its customers. BGBTC provides a easy one-click staking mechanism with a number of return potentialities, together with token airdrops by means of collaborations with DeFi companions. Safety is enhanced by Bitget and Cobo double insurance coverage, in addition to multi-signature protections, guaranteeing all funds stay protected.
With options like LaunchPool, PoolX, early BGPoints settlements, and staking-based lending on the horizon, BGBTC marks a brand new chapter in Bitget's mission to drive crypto adoption by means of innovation.
For extra info on BGBTC, please go to right here.
About Bitget
Established in 2018, Bitget is the world's main cryptocurrency alternate and Web3 firm. Serving over 45 million customers in over 150 international locations and areas, Bitget alternate is dedicated to serving to customers commerce smarter with its pioneering copy buying and selling performance and different buying and selling options, whereas offering real-time entry to Bitcoin worth, Ethereum worth and different cryptocurrency costs. . Previously often known as BitKeep, Bitget Pockets is a world-class multi-chain crypto pockets that gives a variety of complete Web3 options and options, together with pockets performance, token swapping, NFT market, DApp browser, and so on.
Bitget is on the forefront of crypto adoption by means of strategic partnerships, akin to its function because the official crypto companion of the world's prime soccer league, LALIGAin EAST, SEA and LATAM markets, in addition to a world companion of Turkish nationwide athletes Buzzard Tosun Çavuşoğlu (World wrestling champion), Samet Gümüş (gold medalist in boxing) and Ilkin Aydın (Nationwide Volleyball Group), to encourage the worldwide neighborhood to embrace the way forward for cryptocurrency.
For extra info, go to: Web site | Twitter | Telegram | LinkedIn | Discord | Bitget Pockets
For media inquiries, please contact: (e-mail protected)
