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
2024-12-27
Top picks
- 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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BitgetCryptocurrencies Copy Trading: A Human Approach to Profitable InvestmentsIn this article, we'll explore the concept of cryptocurrencies copy trading, delve into its workings, and reveal how investors can leverage this strategy to maximize their profits. Understanding Cryptocurrencies Copy Trading Cryptocurrencies copy trading is a form of social trading that empowers investors to automatically mimic the trades of accomplished traders. Essentially, it involves selecting a successful trader or group of traders and mirroring their trades in real-time. This strateg2023-06-27
Press releaseBitget Launches Localized Website With Fiat Gateway For Turkish UsersVICTORIA, Seychelles, June 26, 2023 — Bitget, top crypto derivatives and copy trading platform, has announced the launch of its Turkish website, Bitget TR, to provide localized services for users in Turkey. The dedicated Turkish platform is the newest addition to the Bitget family, which strengthens the global presence of the Bitget brand with a special focus on the rapidly-growing local market. Bitget TR enables Turkish users to access Bitget's products and services through a localized portal2023-06-26
Press releaseCrypto Exchange Bitget’s Gracy Chen Joins Killer Whales Reality TV Show Co-Produced by HELLO LabsReality TV show produced by HELLO Labs and co-produced by CoinMarketCap features an exciting lineup of judges alongside Bitget’s managing director that include the biggest and the boldest industry leaders. Some of the biggest names in the Web3.0 sector are set to appear on Killer Whales as guest judges for season one, confirmed co-producers HELLO Labs. The concept replicates the famous TV show Shark Tank but with a twist of crypto, aiming to reach a billion homes through global prime-time tel2023-06-23
Press releaseBitget and CoinBureau Collaborate to Host Inspiring Live Event in London: Uniting Global Crypto Industry ExpertsVICTORIA, Seychelles — Bitget, top crypto derivatives and copy trading platform, partnered with CoinBureau to host an exceptional live event in London on June 10th. The event exceeded all expectations, attracting over 3,000 attendees and crypto experts from around the globe. Distinguished keynote speakers, hailing from the forefront of the industry, delivered captivating presentations, enlightening the audience with their profound insights on the latest advancements, trends, and future prospec2023-06-23
BitgetDiscovering Crypto Uses With BitgetThe crypto industry has become an integrated part of the global financial system, especially when more people are seeing Bitcoin as the ‘digital gold’. But there is more to cryptocurrencies than a mere investment option: the first recorded Bitcoin commercial transaction took place on May 22, 2010, unlocking crypto’s potential to be a universal medium of exchange. The developments of blockchain technology allow for remarkable explorations in terms of new use cases and solutions. According to In2023-06-23
Crypto trendsBitget Copy Trading: Boost Your Crypto Trading with ConfidenceAs the world of cryptocurrencies continues to evolve and expand, the trading landscape has become increasingly complex. Copy trading offers a solution by allowing you to automatically replicate the trades of successful traders. In this article, we'll explore Bitget copy trading, a reliable and user-friendly platform that is quickly gaining popularity among traders. What is Bitget Copy Trading? Bitget is a leading cryptocurrency exchange that provides various trading services, including its hig2023-06-19
Crypto trendsThe Benefits of Crypto Copy TradingIntroduction Discover the advantages of crypto copy trading, a concept gaining popularity in the cryptocurrency market. By automatically copying the trades of professional traders, investors can benefit from their expertise without extensive market analysis. In this article, we'll explore the benefits of crypto copy trading and why Bitget copy trading stands out. Reduced Risks Minimize risks with crypto copy trading as it allows investors to automatically replicate the trades of successful2023-06-19
BitgetWhy Has BGB Performed So Well in a Downward Market?BGB rose to a new high of US$0.5133 in June 2023, which is right below its all-time high. Let’s see why BGB has been performing exceptionally well in a market on a downward trend. BGB Breached $0.51 - Again BGB is the native token of Bitget, one of the world’s largest crypto exchanges. Introduced in 2021, BGB has gained significant popularity and recognition within the crypto community due to its impressive growth. Technical indicators suggested that BGB was inching towards a new local high2023-06-16
Crypto trendsWhat is Crypto Copy Trading and How Can It Help You Make Money?As the world of cryptocurrency continues to evolve, investors are always on the lookout for new and innovative ways to make money. One of the latest trends in the cryptocurrency market is crypto copy trading. In this article, we will explore what crypto copy trading is and how it can help you make money. Understanding Crypto Copy Trading Crypto copy trading is a form of social trading where investors copy the trading strategies of successful traders. Essentially, it allows novice investors to2023-06-15
BitgetBitget Monthly Report (May 2023): Launch of Blockchain4Youth project and VASP registration in Poland Summary Rather than being deterred by market challenges, Bitget sees opportunity in adversity. We continue working to enable accessibility and empowerment for all through education, advocacy, and community. While speculative fervor may come and go, Bitget takes the long view. Bitget launched a corporate social responsibility (CSR) project — Blockchain4YoutBitget and kicked off the Bitget Academy blockchain courses to support the next generation of leaders. We released the 2023 Q1 transparency2023-06-13
Spot MarginIntroduction to Bitget cut-rate coupons1. Cut-rate coupons 1.1 Cut-rate coupons allow users the enjoy lower margin interest. 1.2 You can search for and claim cut-rate coupons in the Coupons Center. 2. Searching for and claiming cut-rate coupons Website On the homepage, go to Profile > Dashboard > Coupons Center > Cut-Rate Coupons. App On the homepage, tap the Profile icon, then go to Coupons Center > Cut-Rate Coupons. Cut-rate coupons can be used once claimed (no need to make any transfers). 3. Applying cut-rate coupons 3.1 Cut-rate2023-06-13
BitgetThe Revolutionary Aibb: Unleashing the Future on Bitget LaunchpoolWe’re thrilled to present to you our groundbreaking product that has captured the attention of the blockchain community, Bitget Launchpool. Bitget Launchpool is designed to bring you exclusive opportunities in the world of crypto investments. Learn more about the success of previous projects on Bitget Launchpool: Empowering Your Crypto Trading With Bitget: The One True Path. Have you heard about the latest project available on Bitget Launchpool? BullBear AI (AIBB) is a cutting-edge ventu2023-06-10
Press releaseBitget Launches New Martingale Strategy Empowered by AIVICTORIA, Seychelles, June 7, 2023 — Bitget, top crypto derivatives and copy trading platform, has announced the addition of Martingale AI strategy as part of its lineup of Martingale investing strategy services. The new instrument intends to provide crypto newcomers with a convenient and advanced investment strategy enabled by AI. Bitget has developed the Martingale AI feature to make Martingale more accessible to novice traders and take advantage of this investing strategy. The Martingale2023-06-07
Press releaseBitget Empowers Community with Upgraded Broker Program VICTORIA, Seychelles, June 6, 2023 — Bitget, top crypto derivatives and copy trading platform, today announced major upgrades to its Broker Program to provide additional benefits and support for brokers. The enhanced program delivers a robust suite of features and incentives to empower brokers and better serve users. The upgraded Bitget Broker Program offers brokers access to a robust platform with deep liquidity, enabling an optima l trading experience for2023-06-06
BitgetEarn Up To 200% With PIP On Bitget Flexible SavingsBitget Flexible Savings is the hottest feature of Bitget Savings this summer! It comes with extremely lucrative APRs and allows investors and enthusiasts to multiply their crypto holdings simply with one click. Bitget Flexible Savings Introduction What’s Bitget Flexible Savings? The feature allows users to deposit cryptocurrencies and receive daily interest. You will receive your daily interest payment in your Spot Account within two days; withdrawals and new deposits can be done at any time.2023-06-05
GracyDon't be surprised if AI tries to sabotage your crypto As the world of cryptocurrency trading evolves, so does the technology supporting it. In recent years, we've seen a surge in AI tools like ChatGPT being integrated into various facets of the crypto landscape. This development, while exciting, is not without its drawbacks. A recent survey by my own exchange — Bitget — found that in 80% of cases, crypto traders admitted to having negative experiences with ChatGPT. Specific examples included false investment advice, misinforma2023-06-05- GracyWhy the crypto world needs more women as leaders and investors Women foster a better environment for innovation and are sober with money — which is what the industry needs, writes Gracy Chen of Bitget. Cryptocurrency, NFT, metaverse, DeFi — these buzzwords and new applications, all underpinned by blockchain technology, demonstrate the increasing popularity of crypto adoption worldwide. Prevalence, nevertheless, does not necessarily come with a good reputation. The crypto world, to a large extent, is still portrayed as the Wild West dominated by male spec2023-06-05
- GracyHow Soon Will Brokers Get Their Version of 'ChatGPT'? lmost three years have passed since the launch of OpenAI’s text generator, and now the possibility of using the language model in different areas has sparked a lively public discussion on the potential and current uses of artificial technologies. Today, one month before the algorithm's third anniversary, we talked with Gracy Chen, the managing director of Bitget, the largest crypto copy trading platform and the first to launch copy trading for the cryptocurrency spot trading m2023-06-05
- GracyCrypto Regulators, Are You Listening? Bitget's Managing Director Gracy Chen Has Some Advice For You Cryptocurrency derivatives exchange Bitget’s Managing Director Gracy Chen has expressed optimism about seeing progress on the policy front for the cryptocurrency industry over the coming years as policymakers “continue to understand” the challenges and opportunities presented by the industry. In an interview with Benzinga, Chen said that regulators need to be more willing to engage in constructive dialogue and cooperation with industry participants to form regula2023-06-05
- GracyGracy's Insight: Major Mergers And Acquisitions Will Have A Direct Impact On The Crypto Market In 2023 Over the past week, investors understandably became concerned over the news that billions of dollars backing USD Coin USDC — the second-largest stablecoin — were locked up in the distressed Silicon Valley Bank (SVB). The m arket reacted violently, causing USDC to lose its dollar peg. But while the concern was understandable, it has become clear that USDC creator Circle will regain full access to its funds. The crypto community can breathe easily. It2023-06-05
- GracyBinance’s victory over FTX means more users moving away from central exchanges Based on the joint statements on Twitter this week from Binance CEO Changpeng “CZ” Zhao and FTX CEO Sam “SBF” Bankman-Fried, it seems clear that FTX has serious solvency problems — so dire that few in the m arket are willing to save it. As a result, FTX is turning to CZ as a prospective buyer. After CZ exposed FTX’s problems earlier in the week by announcing his plan to dump $500 million of its FTX Token FTT on the market, the companies said on Nov. 8 that the2023-06-05
- GracyA VC Told Me: We Don't Invest In Female Entrepreneurs. Exclusive Interview With Gracy Chen From Bitget For my signature series 'Crypto Opinion with Mike Ermolaev' I had a very insightful discussion with Gracy Chen , managing director at Bitget, where she oversees the 753f46b2-994d-41e4-85cc-e74c9d4e2437ing and PR side of the leading crypto exchange as well as its growth. As a technology enthusiast, she wants to leverage Bitget's voice in the crypto industry, as well as in fintech and finance generally. Gracy believes that the power of technology should be used for the benefit of soc2023-06-05
- GracySignature, Silvergate collapse may create crypto liquidity issues as banks shy away from purchases The closure of New York based Signature bank, which has a number of crypto clients, is likely to reverberate across the digital asset industry, days after California’s Silicon Valley Bank collapsed in the second-largest bank failure in U.S. history, and Silvergate Bank, another crypto-friendly bank, said it would wind down. For years, relationships with banks have remained tricky for crypto companies. Banks have been traditionally reluctant to work with digital a2023-06-05
- GracyUSDC depegged because of Silicon Valley Bank, but it's not going to default Over the past week, investors understandably became concerned over the news that billions of dollars backing USD Coin — the second-largest stablecoin — were locked up in the distressed Silicon Valley Bank (SVB). The m arket reacted violently, causing USDC to lose its dollar peg. But while the concern was understandable, it has become clear that USDC creator Circle will regain full access to its funds. The crypto community can breathe easily. It started as2023-06-05
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