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
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- 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
- Bitget Announces Pre-Market Trading for Cat Gold Miner (CATGOLD)
Victoria, Seychelles, 30th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced introducing Cat Gold Miner (CATGOLD) to its pre-market trading platform, allowing users to engage in CATGOLD transactions ahead of its official spot market debut.
Bitget's pre-market trading platform serves as an over-the-counter marketplace, enabling buyers and sellers to negotiate and execute trades for new tokens before their official listing. This setup allows participant2024-12-30
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- Press releaseBitget 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 int2024-12-27
- Trading botsBitget TraderPro Season 4: The Apex Of Market ExplorationWelcome to Bitget TraderPro Season 4, where trading meets innovation! This season, participants will be redefining trading excellence with a unique focus on adaptive market diversity and unparalleled opportunities for skill growth. Building on the momentum of Seasons 2 and 3, Bitget TraderPro Season 4 introduces a completely different approach to trading challenges to give participants access to the most comprehensive range of markets ever offered in the TraderPro series. Join now ! What Is Bi2024-12-26
- Press releaseBitget x La Liga: A Tiki Taka of Football and Crypto with 5,000 USDT in Rewards Victoria, Seychelles, 26th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the launch of its new Bitget x LALIGA partnership landing page, a comprehensive aggregation of events that brings football fans closer to the action and provides exciting opportunities to engage with the iconic LALIGA. The landing page serves as a one-stop destination for LALIGA enthusiasts, featuring a detailed summary of past collaboration events with exclusive p2024-12-26
- Crypto trendsWhat is the Real Use-Case of BGB (Bitget Token)? As the cryptocurrency industry continues to evolve, utility tokens play a vital role in providing users with various advantages within their respective ecosystems. One such token is BGB (Bitget Token), primarily designed as a utility token within the Bitget platform. In this article, we will delve into the use case of BGB, and the factors influencing its recent success. The Use Case of BGB: A Utility Token in Bitget Ecosystem BGB serves as a utility token within the Bitget ecosystem, offer2024-12-17
- Press releaseBitget Sets New Standards in Pre-Market Trading with Record Volume and Global Reach 50+ Coins Listed, 187K+ Active Traders, and Over $50M in Pre-Market Volume Drive Leadership Position Victoria, Seychelles, 12th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, is proud to announce its rapid rise as a frontrunner in pre-market trading. With over 50 coins listed, a thriving community of 187,000 active traders, and pre-market trading volumes surpassing $50 million, Bitget is redefining the early trading experience for both traders and blockch2024-12-19
- BitgetBitget Prepares for MiCA Compliance with an Upcoming Europe Regional Hub Victoria, Seychelles, 11th December 2024: Bitget, the world's leading cryptocurrency exchange and Web3 company, is exploring the establishment of its Europe regional hub in Lithuania as part of its strategic expansion in the European Union. The move aligns with the EU’s Markets in Crypto-Assets (MiCA) framework, which aims to provide a unified regulatory environment for crypto assets across the region. The company is actively preparing for compliance under the MiCA framework, including plan2024-12-11
- BitgetBitget's Protection Fund Surges to $643M in November 2024 Amid Bitcoin All-Time-HighVictoria, Seychelles – December 9, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, reports a record-breaking valuation of its Protection Fund, hitting an all-time high of $643M on November 23, 2024. The fund, established to provide financial security for users in unprecedented market conditions, has grown significantly in parallel with the performance of Bitcoin, highlighting its stability and liquidity in the evolving crypto ecosystem. In November 2024, Bitget's Protection2024-12-09
- Trading botsTrade with Passion, Play for Glory: Bitget Futures Titan Leaderboard Welcome to the new Bitget Futures Titan Leaderboard , where the thrill of trading meets the essence of LALIGA—a league defined by passion, artistry, and the relentless pursuit of excellence. Here, every trader becomes a player on the grandest stage, driven by the same DNA that fuels Spain’s most celebrated football league: ● Passion: The unyielding desire to push limits. ● Precision: The mastery of timing and skill. ● Glory: The ultimate gain for those who dare to dream big. Like a LALIGA sea2024-12-06
- BitgetBitget Proof-of-Reserves Report November Highlights Shows Highest Increase in 2024 Victoria, Seychelles, 5th December, 2024 - Bitget, the world's leading cryptocurrency exchange and Web3 company, has released their proof-of-reserves report for November 2024. The newest snapshot shows the updated data which projects the highest increase in asset reserves in 2024. In November, Bitget’s proof-of-reserves data surged across all major asset classes held by users, showing a growing trust and engagement with the platform. Bitcoin reserves grew from 6,9622024-12-05
- BitgetQ3 2024 Transparency Report: Bitget becomes 4th Largest Exchange by Volume TLDR; Bitget reached 45M users, ranking as the 4th largest crypto exchange globally, with a major focus on accelerating financial freedom. The exchange led in APAC trading, accounting for 31% of trading volume and 26% on weekends, driven by retail activity. Foresight Ventures and Bitget committed $30M to support TON blockchain development and Telegram-based projects. The company elaborated its token-discovery strategies through on-chain data and community insights with Nansen Research. Bitget2024-10-29
- Press releaseBitget Enters A Multi-Million Dollar Deal With La Liga to Explore Crypto-Sports Synergy Victoria, Seychelles, 19th September, 2024: Bitget, the world's leading cryptocurrency exchange and Web3 company, has partnered up with LALIGA, the world's most celebrated football league, as an official crypto partner. The collaboration unveiled at Token2049 in Singapore indicates Bitget's strategic move into th2024-09-18
- GracyA Letter from Gracy: Three Stories of Bitget's "Growth Against the Odds" A few weeks ago I was sitting on a hotel balcony in Japan, looking up at the great Mount Fuji and trying to concentrate on my phone call with one of Bitget’s founders. He was telling me about an annoying conversation he’d recently had, when he said something that made me2024-09-17
- Press releaseBitget 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
- Press releaseBitget 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
- Press releaseBitget Announces Pre-Market Trading for Cat Gold Miner (CATGOLD) Victoria, Seychelles, 30th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced introducing Cat Gold Miner (CATGOLD) to its pre-market trading platform, allowing users to engage in CATGOLD transactions ahead of its official spot market debut. Bitget's pre-market trading platform serves as an over-the-counter marketplace, enabling buyers and sellers to negotiate and execute trades for new tokens before their official listing. This setup allows participant2024-12-30
- Press releaseBitget Announces Pre-Market Trading for BIO Protocol (BIO) Victoria, Seychelles, 26th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for BIO Protocol (BIO) , offering traders an exclusive opportunity to engage with the asset before its formal listing for spot trading. This move further reinforces Bitget's role as a premier platform for early-stage token opportunities and innovative trading features. Bitget's pre-market trading platform allows users to e2024-12-26
- Press releaseBitget to Merge BGB and BWB Tokens, Advancing a Unified Onchain EcosystemVictoria, Seychelles, 26th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the merger of its native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB). The move, driven by strong community demand, aims to unify the two tokens into a single ecosystem token, BGB, which will serve as the ultimate utility token for both Bitget Exchange and Bitget Wallet. As one of the fastest-growing centralized exchanges (CEXs), Bitget ranks among the top three glob2024-12-26
- Press releaseBitget Announces Pre-Market Trading for Momo AI (MTOS) Victoria, Seychelles, 24th December 2024 - Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for Momo AI (MTOS) , offering traders an exclusive opportunity to engage with the asset before its formal listing for spot trading. This move further reinforces Bitget’s role as a premier platform for early-stage token opportunities and innovative trading features. Bitget’s Pre-Market Trading platform is a groundbreaking feature that allows users t2024-12-24
- Press releaseBitget Announces Strategic Collaboration with SunPump on Growth of Tron Meme Ecosystem Victoria, Seychelles- Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic collaboration with SunPump, the premier memecoin fair launch and trading platform on the TRON network. This partnership signifies a monumental stride in the development and expansion of TRON's burgeoning memecoin ecosystem, unlocking a plethora of opportunities for groundbreaking projects and community-centric initiatives. SunPump has distinguished itself as a forward-looking p2024-12-20
- Press releaseBitget Announces Pre-Market Trading for Vertus (VERT) Victoria, Seychelles, 20th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for Vertus (VERT), offering traders an exclusive opportunity to engage with the asset before its formal listing for spot trading. The pre-market phase has commenced providing early access to VERT tokens. The pre-market trading feature on Bitget facilitates a unique environment for price discovery2024-12-20
- Press releaseBitget Partners with Fiat24 to Advance PayFi Solutions for Crypto Victoria, Seychelles, 20 December, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic partnership with Fiat24, a Swiss-regulated fintech company that develops modern banking solutions powered by blockchain technology. The collaboration focuses on exploring PayFi solutions for major cryptos like Ethereum (ETH) and Bitget Token (BGB), as well as stablecoins such as USD Coin (USDC). This initiative aims to provide seamless, efficient, and secure paymen2024-12-20
- Press releaseBitget Introduces GMCI MEME: Capturing the Essence of Crypto Trending Meme Culture Victoria, Seychelles, 5th December 2024: Bitget, the world's leading cryptocurrency exchange and Web3 company, has launched the GMCI Meme index on its platform. This innovative addition celebrates the vibrant humor and creativity that define crypto culture while offering traders a unique opportunity to engage with one of the industry's most dynamic segments. Previously, Bitget added GMCI indices to its futures market, enabling traders to access a diversified range of assets securely. With GMCI2024-12-05
- FiatThe Local Digital Payments Revolution: Changing Lives, One Transaction At A Time We’re stepping into the world where we can pay for a coffee, send money to a friend, or invest in cryptocurrency—all within seconds, without needing a physical bank or wallet, thanks to the rise of localised digital payment methods. These systems are the actual game-changers, especially in regions where cash or bank transfers once ruled the day. Platforms like Bitget, a leader in the crypto space, are harnessing these local payment networks to make financial access easier, faster, and more incl2024-12-20
- Press releaseBitget Sees Record 683% Growth in Gen Z Users Following Trump’s Election Victory Victoria, Seychelles, 18th December 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has reported a 683% monthly growth in Gen Z users during November 2024. This dramatic surge followed the U.S. presidential election on November 5, where President-elect Donald Trump’s pro-crypto stance resonated strongly with younger generations. Key Takeaways: Gen Z's share of new crypto exchange users spiked from 26.2% to 53.8% in November. A monthly inflow of GenZ2024-12-19
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