Bitget Blog
Bitget Token (BGB) Burn Model Updated with First Quarterly Burn Exceeding 30 Million Tokens
Victoria, Seychelles, April 9, 2025 –
Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB's quarterly burn amount to its on-chain usage, signifying the token's evolution towards higher transparency, compliance, and sustainable token value.
To better reflect the growing integration of BGB across centralized and decentralized e
2025-04-09
2025-04-09
Top picks
- Bitget Lists Wayfinder Adding it to Spot Trading
Victoria, Seychelles, 11 April 2025 –
Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Wayfinder (PROMPT). Wayfinder is an AI and blockchain project aimed at building autonomous on-chain agents that can interact with dApps on behalf of users. Spot trading begins 10 April 2025, 13:00 (UTC), with withdrawals available 11 April 2025, 14:00 (UTC).
Wayfinder was born from a vision to bring smart, always-on agents to the world of Web3. The 2025-04-11
- Bitget lists Babylon adding it to Spot Trading
Victoria, Seychelles, April 11, 2025 –
Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Babylon (BABY). Baby is a blockchain project focused on enhancing the scalability and security of Proof-of-Stake (PoS) networks by leveraging Bitcoin’s infrastructure. Trading began on 10 April 2025, 10:00 (UTC), with withdrawals available from 11 April 2025, 11:00 (UTC).
Babylon is a Layer 1 blockchain introducing native Bitcoin staking, enabling 2025-04-11
- Bitget Unified Account Enters Invite-Only Live Trading Phase
Victoria, Seychelles, 10 th April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major update to its Unified Accounts function, allowing invited users to do live trading. The feature is designed to support institutional investors and advanced traders in evaluating strategies and experiencing the benefits of the Unified Account set in real-market conditions.
The update now provides users with a more efficient real-time trading experience by consolidating 2025-04-10
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Press releaseBitget Enhances EVM Address Functionality With Batch Withdrawal CapabilitiesVICTORIA, Seychelles, July 28, 2023 — Bitget, top crypto derivatives and copy trading platform, has launched a new batch withdrawal facility for EVM-compatible addresses. The upgrade aims to significantly simplify the use of existing features and elevate the trading experience for Bitget users. As the pioneer in supporting EVM-compatible addresses, Bitget continues to lead the way in providing cutting-edge solutions that empower crypto traders. The introduction of the EVM-compatible address h2023-07-28
Press releaseBitget's Native Token BGB to Be Listed on MEXC, Ushering in Heights of Price and LiquidityVICTORIA, Seychelles, July 28, 2023 — Bitget, top crypto derivatives and copy trading platform, is delighted to announce the listing of its native token BGB on the renowned cryptocurrency exchange MEXC. This strategic move is expected to further boost liquidity, accessibility, and the overall value and utility of the BGB token. Traders can now engage in seamless BGB/USDT trading on MEXC, accessing a broader range of opportunities and privileges. With a circulating supply of 1,400,000,000 BGB a2023-07-28
Press releaseBitget Simplifies Crypto Trading With AI-Facilitated CTA StrategyVICTORIA, Seychelles, July 27, 2023 - Bitget, top crypto derivatives and copy trading platform, unveils its latest offering - the CTA (Commodity Trading Advisor) strategy, equipped with an advanced AI bot. This groundbreaking development empowers users to execute sophisticated trading strategies effortlessly, maximizing their potential for success in the dynamic cryptocurrency market. CTA, short for Commodity Trading Advisor, is a proven strategy predominantly applied to commodity futures and2023-07-27
Press releaseBitget x Cointracking partnerships enables crypto tax calculation in a few clicksBitget is thrilled to share a new partnership with one of the leading crypto tax softwares in the market, CoinTracking. We’re joining efforts to simplify the crypto tax experience of users worldwide while setting up a long-term partnership to offer even more benefits. Discover more about the partnership with CoinTracking and the exclusive benefits you can enjoy. In the meantime, Bitget customers can sign-up for CoinTracking with a 10% discount! Partnering with a top crypto tax t2023-07-24
Press releaseBitget Partners with ClearTax to Help Users with Crypto Tax Filings in IndiaTL;DR The partnership is valid for Bitget users in India. The discount is 60% off the regular price of ITR filing on ClearTax. To avail the discount, visit - https://cleartax.in/s/partner-bitget The discount is valid until July 31, 2023. Bitget has partnered with ClearTax, India's leading tax filing platform to help its users gain access to crypto tax platform with additional support for its community. The partnership between Bitget and ClearTax entails multiple community awareness2023-07-21
Press releaseBitget To Host EmpowerX Summit With Web3 Industry LeadersVICTORIA, Seychelles, July 21, 2023 — Bitget, top crypto derivatives and copy trading platform, has announced the upcoming Bitget EmpowerX Summit, scheduled to take place on September 12, 2023, in Singapore. The focus of the massive event will be on the base topic of Empowering People and Society Through Crypto and Web3. With the rapid development of cryptocurrencies and their adoption as financial transaction assets throughout the world, the need for a better understanding of their potential2023-07-19
Press releaseBitget Targets Middle East as Next Region for Business ExpansionVICTORIA, Seychelles, July 20, 2023 — Bitget, top crypto derivatives and copy trading platform, has unveiled its expansion plans into the Middle East region. This will involve hiring 60 new staff members as part of the exchange’s overall global scaling strategy, which entails the advancement of crypto penetration and adoption across new audiences. Bitget is preparing to launch representative initiatives in the Middle East, considering the region’s attractiveness as a prime hotbed of crypto a2023-07-20
Press releaseBitget Introduces New Fiat Gateway with Advcash for Enhanced Trading ExperienceVictoria, Seychelles (July 19, 2023) - Bitget, top crypto derivatives and copy trading platform, is thrilled to announce its collaboration with Advcash, a prominent payment platform, to introduce a new fiat gateway service. This strategic partnership empowers Bitget users to conveniently deposit Russian Rubles (RUB) and Ukrainian Hryvnias (UAH) via Advcash, facilitating frictionless cryptocurrency trading. Recognizing the growing demand for fiat onramps and offramps within the cryptocurrency2023-07-19
Press releaseBitget Unveils Rebranding Initiative to Reinforce Leadership in Smart Crypto TradingVICTORIA, Seychelles, July 25, 2023 — Bitget, top crypto derivatives and copy trading platform, announced its latest rebranding initiative, focused on strengthening its position as a leader in innovative trading products. The rebranding campaign centers around the "Trade smarter" philosophy, emphasizing Bitget's dedication to empowering individuals with intuitive tools for a secure, user-friendly, and efficient financial future. The vision is exemplified through Bitget’s leading copy trading fea2023-07-19
Press releaseBitget Sees Second-Highest Increase in Market Shares and 80% Jump in BGB Volume in Q2 Bitget ranks Top 4 in CEXs for the quarterly accumulated trading volume. Among the Top 5 CEXs, Bitget had the second-highest increase in market shares, growing by 1.81% to reach 8.7%. BGB token became the best-performing CEX token in 2023 with an 80% surge in trading volume, outperforming BTC year-to-date; Bitget was the only CEX to increase its futures trading volume in 2023 following the FTX collapse. With 81 new tokens listed, Bitget became the Top 5 exch2023-07-18
Press releaseBitget's Latest Proof of Reserves Sets New Industry Benchmark with 223% RatioVICTORIA, Seychelles, July 13, 2023 — Bitget, top crypto derivatives and copy trading platform, has unveiled its monthly Proof of Reserves (PoR), demonstrating an unparalleled total reserve ratio of 223%, which twice exceeds the industry standard of 100%. This latest proof of reserves continues Bitget's commitment to radical transparency, as the exchange has been publishing verifiable data since December 2022, aiming to build trust and set a new industry benchmark. Bitget’s latest reserve ra2023-07-13
Press releaseBitget Brings AI Power to Grid Trading StrategiesVICTORIA, Seychelles, July 11, 2023 - Bitget, top crypto derivatives and copy trading platform, has launched an AI-powered feature for its Grid Trading strategies. The new feature aims to make this sophisticated investment method more accessible for new crypto traders without profound expertise in trading. Grid trading is a quantitative strategy that utilizes trading algorithms to automate transactions for users. It involves trading algorithms that place buy and sell orders within a predefin2023-07-11
Press releaseBitget Launches Crypto Loans To Meet The Growing Demand For Lending ServicesVICTORIA, Seychelles, July 4, 2023 — Bitget, top crypto derivatives and copy trading platform, has entered the rapidly expanding cryptocurrency loan sector with the launch of its native Crypto Loans product. The new offering is intended to attract a new audience of users dissuaded by traditional credit institutions and seeking alternative means of funding via digital assets. Bitget’s Crypto Loans product is based on a dual-coin approach, allowing users to stake one coin from their holdings a2023-07-04
Press releaseBitget Becomes Official Crypto Exchange Partner of DOTA 2 Bali MajorVICTORIA, Seychelles, June 28, 2023 — Bitget, top crypto derivatives and copy trading platform, is excited to announce its sponsorship for the DOTA 2 Bali Major 2023 as the Official Crypto Exchange Partner. The partnership will bring together the world of cryptocurrency and esports in an industry-leading event, which is scheduled to take place from June 29 to July 9, 2023. DOTA 2 Bali Major 2023 is expected to attract over 1,500 participants, making it a landmark event in the esports calendar.2023-06-28
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
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
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
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
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
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