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 Rates (APR) and limited-time benefits. This signifies a new breakthrough for Bitget in innovative staking functions, aiming to help users maximize their earnings while participating in a wider range of financial opportunities.
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 with an annual interest rate of 2%. With the launch of the first quarter, users can now acquire BGBTC, earn BGPoints, and unlock exclusive benefits including zero transaction fees, token airdrops, and flexible yield options.
BGBTC offers 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 various BTCFi projects. These features provide users with opportunities to enter high-potential tracks in the blockchain field, supporting diversified development of their portfolios.
BGBTC is designed to be flexible, offering users the ability to settle BGPoints earnings in advance to respond to market changes. Its historical yield has reached 5%, positioning itself to provide stable and competitive returns. In addition to staking, BGBTC can also be used as collateral for loans or margin for contract trading, further expanding its utility and attracting more investor attention.
The asset security is ensured by 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 provides 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 projects 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 profitability, BGBTC sets a new standard for decentralized finance, offering Bitcoin holders the opportunity to unlock the full potential of their assets.
About Bitget
Established in 2018, Bitget is a leading global cryptocurrency trading platform and Web3 company. Currently, Bitget serves over 100 countries and regions worldwide, helping over 45 million users achieve “intelligent” trading through various trading solutions, including leading copy-trading services. 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 marketplace, DApp browser, and more. Bitget encourages individuals to embrace cryptocurrency through partnerships with trusted partners, including being the official cryptocurrency partner of LaLiga, the top professional football league in East Asia, Southeast Asia, and Latin America, as well as partnerships with Olympic athletes such as wrestling world champion Buse Tosun Çavuşoğlu, boxing gold medalist Samet Gümüş, and volleyball national team member İlkin Aydın.
This article is provided by the official source and does not represent the stance or investment advice of this platform. Readers are urged to conduct their own thorough assessments.
