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 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- BitgetBitget Sees 683% Growth in Gen Z Users Following Trump's Election Victory Key Takeaways Gen Z's share of new crypto exchange users spiked from 26.2% to 53.8% in November. A monthly inflow of GenZ users on Bitget reached a record growth of 683%. Donald Trump's pro-crypto stance during the U.S. presidential election resonated with young users, highlighting the role of political narratives in shaping financial behavior. Post-election optimism increased Bitcoin prices, fueling market enthusiasm and attracting new participants amid FOMO. The U.S. election on2024-12-19
BitgetMonthly Transparency Report November 2024 In November 2024, Bitcoin surged past $90,000 fueled by optimism following pro-crypto policies under the newly elected U.S. administration. The total crypto market cap soared to over $3 trillion, with Ripple's XRP leading altcoin gains, rising over 200%. Institutional inflows and the approval of Bitcoin ETFs further boosted market sentiment, despite concerns over sustainability and potential volatility. At Bitget, this ATH trend was replicated in many aspects. Starting with Bitget Token (2024-12-19
Press releaseBitget COO drives compliance narrative at India Blockchain Week 2024 Artificial Intelligence (AI) trained on AI-created data will be very murky, highlights role of blockchain in securing AI Bangalore (India), December xx, 2024: Bitget, the leading cryptocurrency exchange, and web3 company took center stage at India Blockchain Week 2024 by driving the compliance narrative in India and discussing strategies for the organic success of Web3 startups. Bitget COO, Vugar Usi Zade actively participated in the panel discussion “Survival and Scale: Organic2024-12-19
Press releaseBitget Lists Usual (USUAL) Adding it to Spot Trading Victoria, Seychelles, 18th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has listed Usual(USUAL). Trading for the USUAL/USDT pair has started, with deposits and withdrawals available. Usual is an innovative fiat-backed stablecoin protocol focused on security and decentralization. As a multi-chain infrastructure, Usual integrates tokenized real-world assets (RWAs) from entities such as BlackRock, Ondo, and Mountain Protocol, convert2024-12-18
Press releaseBitget Lists Tomarket (TOMA) with Exclusive Launchpool Rewards and Spot Trading Victoria, Seychelles, 18 th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Tomarket (TOMA) on its platform, with trading available on the spot market and the launch of an exclusive Launchpool rewards campaign. Spot trading for TOMA will go live under the TOMA/USDT pair, allowin2024-12-17
Press releaseBitget Lists Stonks (STNK) on PoolX Platform Victoria, Seychelles, 13 December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has listed Stonks (STNK), a Solana-based memecoin, on its PoolX platform. Trading is now live under the STNK/USDT pair, with deposits and withdrawals available. Stonks (STNK) stands out as a playful and engaging meme coin, inspired by the iconic stone man image. The project leverages humor and relatable internet culture to create a lighthearted environment w2024-12-13
Press releaseBitget Acquires Bitcoin Service Provider (BSP) license in El Salvador Victoria, Seychelles, 13 December, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has secured a Bitcoin Service Provider (BSP) license from El Salvador's Central Reserve Bank (Banco Central de Reserva). The authorization enables Bitget to offer services such as Bitcoin-to-fiat currency exchanges, Bitcoin payment facilitation, and secure Bitcoin custody solutions for its clientele. The licensing update is a part of Bitget's broader strategy to enhance its regu2024-12-16
Press releaseBitget Introduces LaunchX: A New Token Launch Platform Featuring Fuel Network as Its First Project Victoria, Seychelles, 16 December, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, announces the launch of LaunchX, a token launch platform that connects transformative blockchain projects with the global Web3 community, enabling effective early token distribution and adoption. The inaugural project to debut on LaunchX is Fuel Network (FUEL), an advanced blockchain solution that sets new standards for scalability, modularity, and efficiency in decentralized syste2024-12-16
Press releaseBitget Lists Alchemist AI (ALCH) in the Innovation and AI Zone Victoria, Seychelles, 28th November 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has listed Alchemist AI (ALCH), a trending Solana-based project, in its Innovation and AI Zone. Trading for the ALCH/USDT pair has started, with deposits already open and withdrawals available. Alchemist AI operates on the Solana blockchain, and has gained attention due to its ambitious goal of breaking down barriers for users to create softwa2024-12-12
Press releaseBitget Launches HoldCoin (HOLDCOIN) with Exclusive Rewards Campaign in PoolX Victoria, Seychelles, 10th December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the listing of HoldCoin (HOLDCOIN) on its spot market with the trading pair HOLDCOIN/USDT. This listing offers users the opportunity to explore HoldCoin’s unique approach to crypto asset management, blending gaming with community-driven investment strategies. HoldCoin is a Telegram-based crypto asset management simulator game2024-12-12
Press releaseBitget Lists Lumoz (MOZ) on PoolX for Stake-to-Mine RewardsVictoria, Seychelles, December 9th, 2024 – Bitget, the world’s leading cryptocurrency exchange and Web3 company, announces the listing of Lumoz (MOZ) on PoolX, the platform for locking tokens to participate in exciting airdrop campaigns. This new listing follows a successful pre-market phase, bringing more opportunities for users to participate and earn through the platform. Users can participate in several promotional activities, including a PoolX locking campaign offering 2,000,000 MOZ as air2024-12-09
FiatA Beginner's Guide to Fiat and Buying Crypto on BitgetIn the world of cryptocurrency, you often hear terms like "fiat", "fiat on-ramp", "fiat off-ramp", they actually play a crucial role in helping individuals easily navigate the transition between traditional money and digital assets. Today we'll break down what these terms mean and provide a simple guide on how to use fiat to buy cryptos on Bitget. What Are Fiat, Fiat On-Ramps and Fiat Off-Ramps? "Fiat" refers to government-issued currency that is considered legal tender, such as the US Dollar2024-12-06
BitgetBitget and LALIGA's Two-Month Partnership Drives Remarkable Growth Across EASTERN, SEA, and LATAM RegionsBitget has presented the powerful impact of its LALIGA partnership through three strategic events across Dubai, Indonesia, and Argentina. These events highlight the partnership's ability to connect with diverse communities across multiple regions, creating meaningful engagement between cryptocurrency and football enthusiasts. Dubai: CIS Meet & Greet Energizes Eastern Community The CIS Meet & Greet, held on October 24 in Dubai during Blockchain Life 2024 , featured LALIGA ambassador Gaizka Mendi2024-12-05
Press releaseBitget Brings Pre-Market Trading for Movement (MOVE) Labs Layer 2 on Ethereum Victoria, Seychelles, December 5, 2024 – Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the addition of Movement (MOVE) to its pre-market trading platform allowing users early access to the token before its official spot market listing. The MOVE/USDT trading pair will be available on Bitget’s pre-market platform starting today, enabling participants to secure positions in this pioneering blockchain project. With pre-market trad2024-12-05
Press releaseBitget-powered Crypto Exchange BitEXC Launches in the Vietnam Market Victoria, Seychelles, 3rd December 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of BitEXC, a trading platform customized to meet the needs for the Vietnamese market. The strategic launch of BitEXC is a part of Bitget's expansion into Southeast Asia, recognizing Vietnam's significant role in the region's growing crypto adoption. Vietnam has emerged as a vital player in crypto adoption, with approximately 21.2% of its populati2024-12-03
Press releaseBitget x GoodCrypto Integration: Elevating Your Trading Experience Bitget, a global leader in cryptocurrency trading, is excited to announce its integration with GoodCrypto, a comprehensive crypto trading platform offering advanced tools and automation for traders. This collaboration underscores Bitget’s commitment to providing users with cutting-edge trading solutions that enhance efficiency, flexibility, and profitability. The integration empowers Bitget users to access a range of advanced features available on GoodCrypto, including automated tradin2024-12-03
Press releaseBitget Launchpool Welcomes XION (XION) Listing with Reward Opportunities for Users Victoria, Seychelles – December 3, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, is thrilled to announce the addition of XION (XION) to its Launchpool. This listing brings an exciting opportunity for users to lock their assets and earn rewards from a total allocation of 330,000 XION tokens. Launchpool Details: Locking Period: December 5, 2024, at 10:00 (UTC) – December 10, 2024, at 10:00 (UTC)2024-12-03
Press releaseBitget Launches Tomarket Points (TOMA) in Pre-Market Trading Victoria, Seychelles, November 28, 2024 – Bitget, a leading cryptocurrency exchange and Web3 company, is excited to announce the launch of Tomarket Points (TOMA) in its Pre-Market Trading platform, offering users exclusive access to trade TOMA ahead of its official listing. This move further reinforces Bitget’s role as a premier platform for early-stage token opportunities and innovative trading features. Tomarket is a decentralized marketplace designed to address the growing demand for trading2024-11-28
Press releaseBitget Launches BTC Price Prediction Event with Daily Prizes and Grand Bonus of 1 Bitcoin Victoria, Seychelles, 28th November, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce an engaging Bitcoin (BTC) Price Prediction Event, offering participants the opportunity to win BTC in rewards. The event is scheduled to run from 28th November to 12th December, 2024. The campaign invites users to predict BTC prices, with a daily prize pool of 60,000 USDT and a grand bonus of 1 BTC. Participants can submit their BTC price predictions on the event page2024-11-28
BitgetTransparency Report: October 2024 TLDR Min Lin joined Bitget as Chief Business Officer to lead regional market expansion. Bitget Wallet surpassed 40M users, doubling its base in six months. Telegram-integrated Bitget Wallet Lite attracted 6M users in a few days. Bitget Research noted crypto booms in Africa (53.89M users by 2025 forecast) and Eastern Europe. Bitget launched T elegram Mini App Store with 600+ apps for TON ecosystem. BGSOL, a liquid staking token for Solana, blending staking with DeFi utility was intr2024-11-28- Press releaseBitget's October Report Highlights Growth, and Innovation Prior to Market Surge Victoria, Seychelles, 28th November 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, achieved significant milestones in October, marking advancements in market expansion, user growth, and product innovation. Key developments included a strategic leadership appointment, the unveiling of new tools, and increased engagement in emerging markets. Min Lin, previously with Binance, joined as Chief Business Officer, bringing extensive experience2024-11-28
Press releaseBitget Lists Trending Memecoin CHILLGUY Token in Innovation Zone Victoria, Seychelles, 28th November 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of the trending memecoin, CHILLGUY, in its Innovation and Meme Zone. Trading for the CHILLGUY/USDT pair has started, with deposits already open and withdrawals available. CHILLGUY is a memecoin inspired by the laid-back and easy-going persona of its namesake meme character, resonating with crypto enthusiasts who value humor and lightheartedness in the digital asset2024-11-28
Press releaseBitget brings GOATS to Pre-Market for Advance Trading Orders Victoria, Seychelles, 28th November 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced starting pre-market trading for GOATS (GOATS), allowing users to engage in transactions prior to its official spot market listing. Participants can now access the GOATS/USDT trading pair in the pre-market product. The listing of GOATS (GOATS) on Bitget's pre-market platform enables users to engage in trading the token ahead of its official spot market launch. This early trading2024-11-28
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