Leading global cryptocurrency exchange and Web3 company Bitget has announced the launch of its new asset, BGBTC, with a pilot program offering fixed Annual Percentage Yield (APY) and limited-time benefits. This move signifies Bitget’s innovative breakthrough in staking functionality, aiming to help users maximize their earnings while participating in a broader financial ecosystem.
Prior to the official launch of BGBTC in the first quarter, Bitget has planned its pre-promotion activities, allowing early participants to stake their assets at a 2% APY. With the start of the first quarter, users can now earn BGBTC, earn BGPoints, and unlock exclusive benefits such as zero trading fees, token airdrops, and flexible yield options.
BGBTC provides a zero-fee structure, covering all on-chain transaction costs for staking and redemption, ensuring users receive full earnings and enhancing investment efficiency. Additionally, participants can earn BGPoints by staking BGBTC, which can be used to unlock airdrop rewards from multiple BTCFi projects. These features provide users with opportunities to enter high-potential tracks in the blockchain field and support diversified portfolio development.
Designed with flexibility, BGBTC offers users the option to settle BGPoints earnings in advance to adapt to market changes. Its historical APY reaches 5%, positioning it to provide stable and competitive returns. In addition to staking, BGBTC can also be used as collateral for loans or margin trading, further expanding its utility and attracting more investor attention.
The asset security is ensured through a dual custody arrangement between Bitget and Cobo, utilizing multi-signature technology and MPC wallets to provide advanced protection mechanisms. This not only guarantees the security of user assets but also offers a trusted digital asset management platform.
BGBTC also allows participation in the BTCFi ecosystem, including projects such as Launchpool and PoolX, increasing interaction with decentralized finance (DeFi) functionalities. By staking BGBTC, users can benefit from the growth of these initiatives and deeply engage in emerging opportunities in the cryptocurrency industry.
As Bitget continues to expand its product portfolio, BGBTC demonstrates the platform’s commitment to providing the best market solutions for Bitcoin holders. By combining cost-effectiveness, security, and profit potential, BGBTC sets a new standard for decentralized finance and provides Bitcoin holders with the opportunity to unlock the full potential of their assets.
About Bitget
Established in 2018, Bitget is a leading global cryptocurrency exchange and Web3 company. Currently, Bitget serves over 100 countries and regions worldwide, helping more than 45 million users achieve “smart” trading through leading copy trading services and various trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain cryptocurrency wallet that offers a range of Web3 solutions and interactive features, integrating wallet, swap, NFT market, DApp browser, and more. Bitget encourages individuals to embrace cryptocurrencies through partnerships with trusted partners, including being the official cryptocurrency partner of the top professional football league La Liga in East Asia, Southeast Asia, and Latin America, as well as Olympic athlete partners such as wrestling world champion Buse Tosun Çavuşoğlu, boxing gold medalist Samet Gümüş, and volleyball national team member İlkin Aydın.
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