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
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- 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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Press releaseBitget Wallet Integrates Manta Pacific and Launches Exclusive Airdrop EventFormerly known as BitKeep Wallet, Bitget Wallet , a world-leading Web3 trading wallet, has expanded its offerings to include support for Manta Pacific, the fastest-growing modular Layer 2 network with over $700 million in TVL. This integration facilitates effortless one-click addition to the Manta Pacific network, enabling users to efficiently manage their assets and execute on-chain transactions without having to worry about exorbitant gas fees. Besides token management, Bitget Wallet also in2024-01-11
Press releaseBitget Announces Vugar Usi Zade as Chief Operations OfficerVictoria, Seychelles, Jan 11, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, today announced the appointment of Vugar Usi Zade as Chief Operations Officer. With a 15-year career as a management and communications expert, Vugar brings expertise to the forefront. His journey includes impactful roles in Fortune 500 companies and fast-paced startups. Before joining Bitget as Chief Operations Officer, Vugar served as the Chief Marketing Officer at Beincrypto and as t2024-01-11
Press releaseBitget Reaffirms Industry-Leading Reserve Strength with Latest PoR Ratio of 175%VICTORIA, Seychelles, January 10, 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has launched its most recent monthly Proof of Reserves (PoR) report, demonstrating its industry-leading commitment to transparency with a robust total reserve ratio of 175%. This regularly-released PoR disclosure underscores Bitget's unwavering pledge to maintain 100% backing for user funds at all times through substantial on-hand reserves. The January 2024 PoR data highlights Bitget2024-01-10
Press releaseBitget Wallet Now Supports Metis Andromeda Mainnet Leading Web3 trading wallet, Bitget Wallet (formerly known as BitKeep Wallet), now supports the Metis mainnet, an Ethereum Layer2 network. Following this integration, users are now able to easily add the Metis Andromeda mainnet on both their mobile and browser extension versions of Bitget Wallet, allowing them to manage their assets and execute on-chain transactions. Moving forward, Bitget Wallet will be poised to further broaden and enhance its array of services, including Swap functionality2024-01-10
Press releaseBitget lists Rich Rabbit (RABBIT) tokens in Innovation Zone and Launchpool Victoria, Seychelles, 9th January 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company has announced the listing of Rich Rabbit's native token RABBIT a meme token trending as the next Dogecoin. The listing of RABBIT in the Innovation Zone allows users to easily trade WEB3 small cap tokens on the Bitget platform. To support new token listing, users can grab a share of 1,818,180 RABBIT with ongoing Launchpool promotions . RABBIT is a space-themed meme coin, but aspires t2024-01-09
Press releaseBitget Report 2023: Remarkable 94% Surge in Spot Trading, Accompanied by a 110% Spike in BGB VolumeVictoria, Seychelles, 9 Jan 2024 - Bitget, the world's leading cryptocurrency exchange and Web3 company, unveiled its Bitget Transparency Report 2023 today. Amidst a cryptocurrency market that experienced both turbulence and breakthroughs in the past year, Bitget demonstrated impressive resilience and growth. In 2023, the platform witnessed a remarkable 94% surge in spot trading volume and a substantial 110% increase in BGB trading volume. Business Performance Highlights: ● Despite market challe2024-01-09
Press releaseBitget Wallet Unveils 'Smart Money' Feature, Elevating Trading with AI-Enhanced Real-Time InsightsThe world-leading Web3 trading wallet, Bitget Wallet (formerly known as BitKeep Wallet), has unveiled its 'Smart Money' feature, an advanced tool designed to refine trading strategies. This tool leverages state-of-the-art AI technology to rigorously analyze and process on-chain data in real-time. It identifies and tracks over 6,000 historically high-performing Smart Money addresses on Ethereum while also performing safety checks. These addresses are linked to traders renowned for their experie2024-01-05
Press releaseBitget and CV Labs Co-Host Innovation Tuesday at Web3 Hub Davos: Unveiling Gender-Focused Funding InsightsVictoria, Seychelles, January 3, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, is proud to announce its collaboration with CV Labs as a co-host of Innovation Tuesday at the Web3 Hub Davos from January 15-18. The event will assemble global thought leaders to explore the significance of the Web3 space and the influence of blockchain technology across various sectors. The schedule features discussions led by female leaders after a thorough analysis of a comprehensive2024-01-03
Press releaseBitget Wallet Now Supports WalletConnect's Verify API, Enhancing Integrated Wallet Security Bitget Wallet, a world-leading Web3 trading wallet formerly known as BitKeep Wallet, has announced the integration of WalletConnect's Verify API. This feature enables users to better detect suspicious or malicious domains when connecting to a DApp, helping to prevent phishing attacks. Its primary aim is to bolster the security of web3 and support users to more securely access the ecosystem. In addition, Bitget Wallet is actively planning to integrate WalletConnect's Notify API. This will enab2024-01-02
Press releaseBitget Elevates Copy Trading with On-Chain Data for Tracking Smart Money Strategies Victoria, Seychelles, December 7, 2023 – Bitget, the world's leading cryptocurrency exchange and Web3 company, is proud to announce the launch of its innovative On-Chain Tracking feature for spot 69871d83-4f15-45ad-8c40-3282c7412616, offering users unparalleled tracking and access to on-chain Smart Money to learn and emulate advanced trading strategies. This pioneering feature represents the market's first-ever copy trading option, marking a significant advancement in the pla2023-12-31
Press releaseBitget lists Helium Mobile (MOBILE) to boost Blockchain Infra Tokens Victoria, Seychelles, 27th December 2023 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of Helium's 5G network governance token MOBILE . The listing enhances Helium's ecosystem with Helium native token HNT, IOT and new addition MOBILE Tokens. Helium Mobile (MOBILE) will be listed in the Innovation and Web3 Zone. Helium Network is a decentralized, blockchain-based wireless infrastructure project that allows individuals and organizations to deplo2023-12-27
Press releaseBitget Lists Bitcoin Cats(1CAT) GameFi Project in the Innovation Zone Victoria, Seychelles, 22 December 2023 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of Bitcoin Cats (1CAT) the GameFi platform for the BTC Ecosystem. The BRC20 Ordinals-based ecosystem is listed in the Bitcoin ecosystem Innovation zone through which users can trade the token on Bitget. Spot Grid Trading will go live within 24 hours after the listing. As a Bitcoin-based GameFi platform, BitcoinCats maps through the Bitcoin Assets (BRC20, Ordin2023-12-22- Press releaseBitget to Co-Host Innovation Tuesday at Web3 Hub Davos With CV Labs Victoria, Seychelles, December 21, 2023 – Bitget, the world's leading cryptocurrency exchange and Web3 company, is proud to announce its collaboration with CV Labs to co-host Innovation Tuesday at the Web3 Hub Davos. Taking place from 15-18 January in Davos, the Web3 Hub will gather the world's top minds to discuss the importance of Web3 space and blockchain technology's impact across industries. Bitget will host Innovation Tuesday of the Web3 Hub Davos event, with a dedicate2023-12-21
Press releaseBitget Lists Script Network To Innovation Zone, Expanding Spot Market Variety Victoria, Seychelles, December 20, 2023 – Bitget, the world's leading cryptocurrency exchange and Web3 company, announced it will list the Script Network (SCPT) token on its spot trading market. Script Network is a free-to-air television platform built on the Script blockchain. Script Network (SCPT) will be listed in the Innovation Zone and SocialFi Zone. Spot Grid Trading will go live within 24 hours after the listing. Script Network, a 24/7 television platform built on the Script blockchain2023-12-20
Press releaseBitget's 2024 Bitcoin Report: ORDI's Potential 1200% Growth and Lightning Network's Crucial Role Bitget Research, the research arm of Bitget, the world's leading cryptocurrency exchange and Web3 company, has released a research analysis delving into macro and micro trends within the Bitcoin ecosystem. This report offers insights for investors and outlines potential future technological and financial trends for Bitcoin and its assets within the network for 2024. Given the future macroeconomic environment and market conditions, the Bitcoin ecosystem presents a promising ou2023-12-15
Press releaseBitget Announces Listing of TonUP on Bitget Launchpad Victoria, Seychelles, December 15, 2023 – Bitget, the world's leading cryptocurrency exchange and Web3 company, announced it will list the initial exchange offering (IEO) of the high-potential blockchain project TonUP on its Bitget Launchpad platform. TonUP is an outstanding Launchpad running on the TON blockchain dedicated to discovering and fostering projects that present new opportunities to the community. Since launching, TonUP has received support from the TON Foundation, TONcoin.Fund, a2023-12-15
Press releaseBitget Welcomes TURTSAT to Its Growing Ecosystem Amid Bitcoin Buzz Victoria, Seychelles 13 Dec 2023 — Bitget, the world's leading cryptocurrency exchange and Web3 company, is thrilled to announce the latest addition to its trading platform — TURTSAT. This listing is not just a strategic move for Bitget but also a testament to the platform's commitment to providing its users with access to innovative and promising projects. TURTSAT is a revolutionary project that brings a fresh perspective to the cryptocurrency space. With a m2023-12-13
Press releaseBitget lists BaseSeamless (SEAM) tokens in its Launchpool Victoria, Seychelles, 12th December 2023 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of SEAM tokens in its staking rewards platform, Launchpool. Seamless is a native, decentralized lending borrowing protocol on Coinbase-incubated Ethereum Layer 2 network Base. The listing will allow users to gain access to SEAM tokens for further utility. Seamless ecosystem brings in newer DeFi possibilities,2023-12-13
Press releaseBitget's November 2023 Report: Surpassing Expectations with 82% Surge in Spot Trading Victoria, Seychelles Dec 12 2023 - Bitget, the world's leading cryptocurrency exchange and Web3 company, announced the Monthly Report of November 2023 today. In a crypto landscape recovering from a year of turbulence and tightening regulations, Bitget showcased remarkable resilience and growth throughout November 2023. This month marked the first anniversary of market challenges, yet both Bitcoin and altcoins experienced consistent upward trends. Bitcoin surged 130% from its 22023-12-12
Press releaseBitget Makes A Multimillion-Dollar Investment in Layer 2 Consumer-centric Blockchain Morph December 11, 2023 — Morph, a Layer 2 consumer blockchain for value-driven dApps, announced the closing of a multimillion-dollar investment from Bitget, a leading cryptocurrency exchange and web3 company. "Morph has a stellar team endowed with experience, a vibrant multicultural approach, and industry-leading strategic capabilities for fostering mass adoption. It has demonstrated tangible progress in its commitment to a unique vision of a consumer blockchain. With Bitget's dedication to for2023-12-11
Press releaseBitget Adds BABYGROK to Its Growing List of Tokens Victoria, Seychelles 11 Dec 2023 — Bitget, the world's leading cryptocurrency exchange and Web3 company, continues to expand its token offerings with the latest addition of BABYGROK. BABYGROK is a unique token associated with BabyGrok AI, a platform that's making waves in artificial intelligence and blockchain space. BABYGROK is at the forefront of innovative solutions in artificial intelligence, focusing on cutting-edge developments in the intersection of2023-12-11
Press releaseBitget lists Samoyedcoin (SAMO), expanding Solana based memecoin tokens Victoria, Seychelles, 11th December 2023 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of SAMO , native tokens of Samoyedcoin ecosystem built on Solana blockchain. To provide exposure to newer memecoins, Bitget has listed SAMO token in its Innovation zone on the platform making trading available from 11th December, 10 PM (UTC). Samoyedcoin began as a memecoin in 2021, similar to Dogecoin, but for the Solana network. More recently, the te2023-12-11
Press releaseBitget lists JITO (JTO) in the Solana Ecosystem Zone Victoria, Seychelles, 8th December 2023 — Bitget, the world's leading cryptocurrency exchange and Web3 company, is thrilled to announce the listing of JTO tokens from the Jito ecosystem of liquid staking built on Solana blockchain. The JTO governance tokens have recently been airdropped to its users. To introduce more utility, Bitget has listed the token on its platform which is available to trade from 7th December, 4 PM (UTC) and Spot Grid Trading will go live within 24 hours after the listing2023-12-08
Press releaseBitget Leads Industry with Solid Proof of Reserves Ratio of 171% VICTORIA, Seychelles, December 7, 2023 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has released its latest monthly report on Proof of Reserves (PoR), reaffirming its dedication to comprehensive transparency through a total reserve ratio of 171%. This PoR report underscores Bitget's commitment to ensuring that users' funds are fully backed 1:1 and available at all times. The PoR data from December 2023 emphas2023-12-07
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