1 month ago
9
Author of the article:
Published Dec 11, 2024 • 3 infinitesimal read
Article content
Article content
VICTORIA, Seychelles, Dec. 11, 2024 (GLOBE NEWSWIRE) — Bitget, the world’s starring cryptocurrency speech and Web3 institution has launched its autochthonal Wrapped Bitcoin (BGBTC), providing earning opportunities for Bitcoin (BTC) holders. The recently launched diagnostic provides a caller way to maximize the imaginable of users’ BTC holdings done flexible staking options, and accrued rewards. BGBTC is backed by BTC connected a 1:1 basis, maintaining its worth parity and ensuring seamless integration into the broader ecosystem. It is designed to activate further worth for BTC holders, enabling them to enactment successful DeFi opportunities portion preserving their Bitcoin exposure.
Advertisement 2
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe present to work the latest quality successful your metropolis and crossed Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily contented from Financial Times, the world's starring planetary concern publication.
- Unlimited online entree to work articles from Financial Post, National Post and 15 quality sites crossed Canada with 1 account.
- National Post ePaper, an physics replica of the people variation to presumption connected immoderate device, stock and remark on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe present to work the latest quality successful your metropolis and crossed Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily contented from Financial Times, the world's starring planetary concern publication.
- Unlimited online entree to work articles from Financial Post, National Post and 15 quality sites crossed Canada with 1 account.
- National Post ePaper, an physics replica of the people variation to presumption connected immoderate device, stock and remark on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an relationship oregon motion successful to proceed with your speechmaking experience.
- Access articles from crossed Canada with 1 account.
- Share your thoughts and articulation the speech successful the comments.
- Enjoy further articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an relationship oregon motion successful to proceed with your speechmaking experience.
- Access articles from crossed Canada with 1 account
- Share your thoughts and articulation the speech successful the comments
- Enjoy further articles per month
- Get email updates from your favourite authors
Sign In oregon Create an Account
or
Article content
During the pre-launch signifier from December 9, 2024, to January 8, 2025, users tin involvement BTC connected Bitget to person BGBTC tokens. This is complemented with treble BGPoints rewards alongside an further 2% annualized return, paid retired successful a lump sum astatine the extremity of the period. Following this, Season 1 volition officially footwear disconnected connected January 9, 2025, with features similar enhanced BGPoints benefits, flexible redemption options, and partnerships with BitcoinFi platforms.
“The accelerated maturation of the crypto manufacture worldwide, peculiarly successful the Bitcoin ecosystem, inspires america to innovate continuously. BGBTC aligns with our goals of providing amended solutions for our users, making their trading experiences smarter. It allows them to prosecute much profoundly with Bitcoin, entree higher yields, and enactment successful DeFi ecosystems antecedently retired of reach,” said Gracy Chen, CEO astatine Bitget.
BGBTC simplifies the process of earning further returns for BTC holders. By staking BTC, users person BGBTC tokens, which assistance entree to aggregate gross streams, including fixed annualized returns, BGPoints, and upcoming features similar lending. Users tin easy redeem their BTC during Season 1, ensuring maximum flexibility successful managing their assets.
By signing up you consent to person the supra newsletter from Postmedia Network Inc.
Article content
Advertisement 3
Article content
Bitget is focused connected ensuring a unafraid and rewarding acquisition for its users. BGBTC offers an casual one-click staking mechanics with aggregate avenues for returns, including token airdrops done collaborations with DeFi partners. Security is fortified by dual security from Bitget and Cobo, on with multi-signature protections, ensuring that each funds stay safe.
With features specified arsenic LaunchPool, PoolX, aboriginal BGPoints settlements, and staking-based lending connected the horizon, BGBTC marks a caller section successful Bitget’s ngo to thrust crypto adoption done innovation.
For much accusation connected BGBTC, delight sojourn here.
About Bitget
Established successful 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving implicit 45 cardinal users successful 150+ countries and regions, the Bitget speech is committed to helping users commercialized smarter with its pioneering transcript trading diagnostic and different trading solutions, portion offering real-time entree to Bitcoin price, Ethereum price, and different cryptocurrency prices. Formerly known arsenic BitKeep, Bitget Wallet is simply a world-class multi-chain crypto wallet that offers an array of broad Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Advertisement 4
Article content
Bitget is astatine the forefront of driving crypto adoption done strategical partnerships, specified arsenic its relation arsenic the Official Crypto Partner of the World’s Top Football League, LALIGA, successful EASTERN, SEA and LATAM market, arsenic good arsenic a planetary spouse of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling satellite champion), Samet Gümüş (Boxing golden medalist) and İlkin Aydın (Volleyball nationalist team), to animate the planetary assemblage to clasp the aboriginal of cryptocurrency.
For much information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, delight contact: media@bitget.com
Risk Warning: Digital plus prices whitethorn fluctuate and acquisition terms volatility. Only put what you tin spend to lose. The worth of your concern whitethorn beryllium impacted and it is imaginable that you whitethorn not execute your fiscal goals oregon beryllium capable to retrieve your main investment. You should ever question autarkic fiscal proposal and see your ain fiscal acquisition and fiscal standing. Past show is not a reliable measurement of aboriginal performance. Bitget shall not beryllium liable for immoderate losses you whitethorn incur. Nothing present shall beryllium construed arsenic fiscal advice.
A photograph accompanying this announcement is disposable astatine https://www.globenewswire.com/NewsRoom/AttachmentNg/d6d586c3-b020-4aa6-b3fd-0d1afc799acf
Article content
.jpg)
English (US) ·