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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Gracy2023 Will Be The Year of Crypto Market Recovery, Regulation Consensus, And M&AsHello everyone, we hope you are well. Today we're going to explain how we would go about building a balanced crypto portfolio starting from zero. We'll take the sum of 10,000 dollars as an example. This is a question that is asked a lot by beginners and so today it's time for us to present to you a type of portfolio that we believe is balanced and most importantly we're going to present to you the reasons and philosophy behind each of our choices. Are you ready? Let's go! The main investi2023-06-05
Hot EventsRECAP: Bitget's India Learns Crypto Meetup Series Kicks Off with Huge Success in Delhi Bitget successfully hosted the first event of its India Learns Crypto meetup series on May 27th, as part of the India Blockchain Tour organized by Octaloop. The event, held at in Delhi, attracted over 140 attendees and marked the beginning of a comprehensive educational roadshow spanning six major Indian cities. The India Learns Crypto meetup series aims to promote crypto awareness and education in the region, empowering and inspiring the younger generation to leverage Web3 and crypto tools2023-06-02
BitgetCelebrating Bitcoin Pizza Day: A Delicious Slice of Crypto History“Knock knock, Who's there? It's a Bitget pizza delivery.” Bitcoin Pizza Day is a celebration held annually on May 22 to commemorate the first recorded real-world Bitcoin transaction. On this day in 2010, Laszlo Hanyecz, a Bitcoin enthusiast, made a historic purchase by buying two pizzas for 10,000 Bitcoins. Bitcoin Pizza Day is a significant event in the history of cryptocurrencies because it represents the first time Bitcoin was used as a medium of exchange for physical goods. At the2023-06-01
Press releaseBitget Becomes First CEX To Support Multi-Chain EVM-Compatible Address VICTORIA, Seychelles, June 1, 2023 — Bitget, top crypto derivatives and copy trading platform, has become the first crypto exchange to support an EVM-compatible address. The new feature will elevate trading experience for its users to use a single address for multiple blockchains, as users can trade and store assets with one EVM-Compatible Address through multiple chains on the Bitget platform. The launch of the EVM address was pioneered by Bitget as a feature that combines blockchain netwo2023-06-01
LaunchpadThe First BRC-20 Project Coming To Bitget Launchpad: BIP1 Serving more than 8 million users from over 100 countries and regions, Bitget is committed to providing a comprehensive and secure trading solution for its users. In January, 2022, Bitget Launchpad was launched to bring vetted new, potential projects to our users. Bitget revamped the Launchpad platform one year later with Panda Farm (BBO), whose token recorded an incredible increase of 2000% from the IEO price. Bitget is the first exchange to announce a BRC-20 token IEO, BIP1 (Bit2023-05-29
GracyBuilding a Diverse and Inclusive Crypto Team: Insights from Gracy ChenWelcome to today's interview where we will be discussing the importance of building a diverse and inclusive team in the crypto industry. Our guest for today is Gracy Chen, an experienced leader in the crypto space with a strong commitment to diversity and inclusion. Gracy is the Managing Director at a blockchain-based company, where she has been working to build a diverse and inclusive team. The Future of Cryptocurrency: Gracy Chen's Perspective Ishan Pandey: Hi Gracy, can you tell us about yo2023-05-26
GracyDemand for Derivatives Platforms Grows in Post-FTX WorldThe crypto market has thundered into 2023 with a resounding rally that’s made the calamities of last year seem like a bad dream. Spot and futures volumes have been robust all through January, and February is showing no sign of taking its foot off the gas. But as demand for futures products grows, with a CME volume reaching its ATH of $84 million, the fall of FTX has left space for new players to enter the game. Does this mean we are at the beginning of the crypto derivatives market growth cycle?2023-05-26
Bitget2023 European Traders Cup: Team up, Trade and Unlock a 200,000 USDT Prize Pool!Calling all trading enthusiasts from Europe! Get ready to showcase your trading prowess on the global stage. Competitions between Germany, France, Italy, Netherlands, Sweden, Poland, Spain, Portugal, Russia, Ukraine, and Uzbekistan will not only battle it out on the soccer field but will also go head-to-head in a thrilling trading competition. Seize the opportunity to win exciting prizes of 200,000USDT while exploring the dynamic world of crypto markets and make a name for your country! R2023-05-25
LaunchpadEmpowering Your Crypto Trading With Bitget: The One True PathThe crypto industry has had a strong start in 2023. Bitget, one of the world's leading crypto exchanges, has also seen tremendous growth in the first months of the year. We are delighted to give an overview of achievements in Q1 below; for full details, please take a look at our Bitget Transparency Report: Q1 2023. Bitget Listings: Expanding Opportunities Bitget is one of the largest and most recognized cryptocurrency exchanges globally, and a listing on our platform provides significant benefit2023-05-25
Press releaseBitget partners with Copper to offer institutional clients off-exchange settlement Victoria, Seychelles, May 25, 2023 – Bitget, a top crypto derivatives and copy trading platform, announced that it would partner with Copper, the leading digital asset custody provider, to introduce an off-exchange settlement solution. It enables institutional clients to trade and settle in near real-time across exchanges while mitigating counterparty risk and increasing capital efficiency. Bitget will become the sixth major exchange this year to integrate with Copp2023-05-25
Press releaseBitget Registers as Virtual Asset Service Provider in Poland VICTORIA, Seychelles, May 23, 2023 — Bitget, top crypto exchange and copy trading platform, announced its successful registration as a Virtual Asset Service Provider (VASP) in Poland. This significant milestone represents a necessary step for Bitget in expanding its presence in the European Union (EU) region, while also complying with all applicable local and international legislation and regulatory standards. As a registered2023-05-23
Press releaseBitget's Blockchain4Youth Projects Debuts Educational Blockchain Courses Victoria, Seychelles, May 22, 2023 – Bitget, top crypto derivatives and copy trading platform, officially launched its blockchain courses through Bitget Academy on the occasion of Bitcoin Pizza Day and celebration events. The courses are part of Bitget's Blockchain4Youth project aimed at educating and empowering the next generation of blockchain leaders. To support the youth and encourage their involvement in blockchain technology, Bitget is adopting a 360-degree approach. One essential st2023-05-23
AMABitget Internal AMA with OGGYHello everyone! I'm Garland, the host of AMA today. I am also the Operation Manager of Bitget English Telegram Community. To make you learn more about our project partner - Oggy Inu, here we are holding an AMA in the Bitget English Telegram Community. Q1: Hello Rowan! Can you introduce your OGGY? A1: #OGGY is the only meme coin version in the world that has a trademark copyright certificate, we are very happy with this and continuously develop it to be more than just a Meme, we will push t2023-05-22
Press releaseBitget Joins ‘Shark Tank of Web3’ Killer Whales as an Official Search Partner Today, Bitget, a leading crypto derivatives and copy trading platform, is thrilled to announce its partnership with HELLO Labs, a web3 entertainment company, as the Search Partner for the highly anticipated show, Killer Whales. The show, a dynamic TV production in the style of Shark Tank, tailored for the web3 ecosystem, is set to captivate audiences worldwide when it airs later this year. As a Search Partner, Bitget is committed to educating, advocating, and promoting web3 to both web2 and2023-05-18
Press releaseBitget Launches Blockchain4Youth Project, Plans to Invest $10 Million to Support Young Talents VICTORIA, Seychelles, May 4th, 2023 — Bitget, top crypto derivatives and copy trading platform, has announced the launch of a corporate social responsibility (CSR) project — Blockchain4Youth. The project aims to create a blockchain future by empowering and inspiring younger generations to use Web3 and сrypto tools to create and engage in a decentralized space. Blockchain4Youth’s objectives align with the exchange’s core mission of inspiring more individuals to embrace crypto. Bitget believe2023-05-16
AMABitget Internal AMA with Bitget Earn platformHello everyone! I'm Garland, the host of AMA today. I am also the Operation Manager of Bitget English Telegram Community. Today we have invited Mark from Bitget Earn platform to share the Bitget new products and how users can earn more on Bitget. Q1. Can you briefly introduce the Bitget Earn platform? A1: Bitget Earn is a platform for crypto asset management, which focuses on providing professional and high-quality financial management services. Users can invest idle assets or savings into2023-05-18
Press releaseBitget Ends Q1 With 30% Team Growth And 146% Surge In BGB Holders, Transparency Report RevealsVICTORIA, Seychelles, May 17, 2023 — Bitget, top crypto derivatives and copy trading platform, has released its quarterly transparency report outlining the major achievements and general traction the company made in the first quarter of 2023. According to the Transparency Report, Bitget achieved yet another impressive quarter. The report also presents the price dynamics of the native BGB token, as well as product releases and general ecosystem improvements. Highlights of growth data: W2023-05-17- BitgetBitget Transparency Report: Q1 2023Being a fair player since the very beginning means that Bitget assigns the highest priority to the ennobling of transparency, user-centred principles and sustainable development. The Bitget Transparency Report reaffirms our commitment to transparency - all Bitget stakeholders should always have the right to access the essential information about our operations, be it the great or the not-so-good pieces. Below is a recap of what Bitget has accomplished in the first quarter of 2023 as well as insi2023-05-17
BitgetThe New Super Airdrop Ft. BGB As Top Gainer Of 2022-23Welcome back to our Super Airdrop Campaign! Your participation and support in our previous campaigns have been truly incredible, and we couldn’t be more grateful for your continued enthusiasm. Join us in the highly anticipated Super Airdrop Campaign, where you have the exclusive opportunity to earn exciting rewards and the wonderful BGB tokens. Introduction of BGB Token What’s BGB Token? BGB is Bitget’s native token. By holding BGB, investors can benefit from the growth and expansion of B2023-05-16
BitgetBitget Monthly Report (Apr 2023): Launching Web3 Fund, Registration in Lithuania, and Updated BGB Whitepaper Summary While crypto markets fluctuated in April, Bitget forged ahead — investing in crypto's future, expanding its global footprint, generating insights into drivers of mainstream adoption, and enhancing BGB's utility and value with a new roadmap and updated white paper. Bitget made major moves this month indicating its dedication to driving blockchain progress. Bitget established a $100 million Web3 Fund to back pioneering crypto projects. The exchange completed its crypto2023-05-11
Innovation ZoneTrendy memecoins & more Web3 tokens coming to Bitget Innovation ZoneThe biggest question remains: which coins should I invest in? Bitget Innovation Zone can help you find your own answer with our list of trendy, high-potential tokens that satisfy our 60-day requirements of market depth, trading volume, and more. Grab the latest earning opportunities this week in our Innovation Zone with STONKS, PLEB, TOMI, and WWY. Welcome to the Crypto Era Kickstart your crypto journey with Bitget Ultimate Beginners' Guide and enjoy your moment with Bitget Innovation Zone2023-05-01
BitgetBitget Study Reveals Millennials and Gen Z Tend to Build a More Crypto-favorable SocietyVictoria, Seychelles, April 28th, 2023 — Bitget, top crypto derivatives and copy trading platform, has released an extensive study on the relationship between demographic changes and cryptocurrency adoption rates among different generations. The exchange processed more than 255,000 survey responses from 26 countries, with the participants being categorized into four age groups. The analysis concluded that Millennials are the dominant group of crypto enthusiasts, comprising 46% of respondents, an2023-04-28- Press releaseBitget Study Reveals 46% of Millennials Across Major Countries own CryptocurrenciesVictoria, Seychelles, April 28th, 2023 — Bitget, a top crypto derivatives and copy trading platform, has released an extensive study on cryptocurrency adoption rates across different generations in major population areas worldwide. Through July 2022 to January 2023, the exchange processed more than 255,000 survey responses from 26 countries including the United States, Japan, China, Nigeria, Germany, Indonesia, and others, with the participants being categorized into four age groups. The study r2023-04-28
Press releaseBitget Pledges $10 Million to Foster Fetch.ai EcosystemVictoria, Seychelles, April 27th, 2023 — Bitget, top crypto derivatives and copy trading platform, announced that it reached a strategic partnership with Fetch.ai, a leading artificial intelligence (AI) blockchain platform, and it will be pledging $10 million in backing to the Fetch.ai ecosystem. The announcement comes as the exchange launched a massive fund aimed at supporting promising startups with subsequent listing on the native Launchpad. The recent hype on AI kicked off by ChatGPT allows2023-04-27
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