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 held its first meetup in ArmeniaBitget, a leading cryptocurrency exchange and Web3 company, held its first meetup in Yerevan for local traders, influencers, and partners.
Over 150 crypto enthusiasts gathered at one of the central venues of the capital, eagerly sharing their experiences with cryptocurrencies and blockchain technologies, asking questions, exchanging opinions, and getting familiar with Bitget's products and services.
Elizaveta Yurchenko, Bitget's CIS Market Head, spoke about the main advantages of the exchan2025-04-07
- Bitget will list StakeStone (STO) in the Innovation, DeFi and LSD Zone
Victoria, Seychelles, 4 April 2025 –
Bitget, the leading cryptocurrency exchange and Web3listedththe listing of StakeStone (STO), decentralized omnichain liquidity infrastructure protocol. Trading for STO/USDT commenced on 3 April 2025 (UTC), 10:30 (UTC).
Designed to transform how liquidity is acquired, distributed, and utilized across blockchain ecosystems, StakeStone's core mission is to deliver efficient and sustainable organic liquidity flows that adapt to the needs of an2025-04-04
- Bitget Announces Pre-Market Trading for Babylon (BABY)
Victoria, Seychelles, April 3, 2025 –
Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for Babylon (BABY), a blockchain project focused on enhancing the scalability and security of Proof-of-Stake (PoS) networks by leveraging Bitcoin’s infrastructure.
The pre-market trading feature on Bitget facilitates a unique environment for price discovery and liquidity optimization. This structure allows buyers and sellers to negotiat2025-04-03
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- Press releaseBitget 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 e2025-04-09
- Press releaseBitget Launches Bitget Onchain to Give CEX Users Early Access to Promising On-chain Assets Victoria, Seychelles, 7th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, unveils Bitget Onchain — a groundbreaking innovation that bridges the best of CEX and DEX. By combining the speed, security, and simplicity of centralized platforms with direct access to emerging on-chain assets, Bitget Onchain redefines how users discover and trade the next wave of crypto opportunities. Bitget Onchain provides on-chain asset transactions directly on the Bitge2025-04-07
- Press releaseBitget Chief of Legal's Open Letter Highlights Expansion and Regulatory Compliance Plans Victoria, Seychelles, April 7th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has published an open letter by its Chief Legal Officer, Hon Ng, which highlights the exchange's efforts in global regulatory compliance and expansion. The CEX continues to grow in the global crypto market by securing regulatory approvals and expanding its operations. With a strong focus on compliance, Bitget is navigating evolving regulatory landscapes with over eight l2025-04-07
- BitgetA Letter from our CLO: Statement of Commitment to Regulatory Compliance At Bitget, we pride ourselves on being one of the safest and most trusted cryptocurrency exchanges in the world. We were proud to be recognised recently by Forbes as one of the World's Most Trustworthy Crypto Exchanges and Marketplaces. Our commitment to compliance is at the core of our operations as we strive to create a secure environment for our users. As part of this commitment, Bitget has successfully obtained regulatory licenses and approvals around the world tailored to our different bu2025-04-07
- Press releaseBitget Secures El Salvador Digital Asset Service Provider (DASP) License After BSP Approval Victoria, Seychelles, 4th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has obtained the Digital Asset Service Provider (DASP) license from El Salvador’s National Commission of Digital Assets (CNAD), expanding its regulatory framework within the country. This development comes after the earlier acquisition of the Bitcoin Services Provider (BSP) license in 2024. El Salvador is one of the pioneering jurisdictions passing comprehensive legislation2025-04-04
Trading botsBitget Futures Titan Leaderboard Round 7: April Signals A Shift — Step In, Move Fast, Access MoreApril brings momentum on top of new beginnings. A quiet signal becomes a surge. Traders who sense the shift early are often the ones who move with precision, stay ahead of the curve, and access the most valuable outcomes. Bitget Futures Titan Leaderboard: Round 7 is now live with a structured and performance-based environment. There is 420,000 USDT in total incentives, daily and weekly leaderboards, real-time ranking updates, and tiered benefits for those who are prepared to move decisively. Whe2025-04-02
Press releaseBitget Celebrates 1.5 million Downloads in February Victoria, Seychelles, 20 March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces its position as the third most downloaded crypto exchange app worldwide in February 2025, according to data from SensorTower. With 1.57 million downloads, the platform trails only Binance and OKX in global rankings, further cementing its role as a key player in the digital asset industry. This milestone follows Bitget’s recent recognition as the #8 most trusted crypto2025-03-20
BitgetBitget February 2025 Transparency Report Introduction February 2025 was a landmark month for Bitget, as the company solidified its position as a trusted leader in the global crypto space. This achievement was highlighted by Bitget’s inclusion in Forbes' list of the Top Trusted Crypto Exchanges, ranking #8—a testament to its continuous efforts in building trust with users through innovative solutions and a commitment to security. The company also marked significant milestones in its EU expansion, securing the Virt2025-03-11
BitgetBitget Transparency Report: 2024 Year in ReviewTLDR; - Expanded user base by 400%, from 20M in January to 100M in December. - Spot trading surged from $160B in Q1 to $600B in Q4; daily volumes doubled to $20B. - $30M investment in the TON blockchain to support GameFi and Tap-to-Earn trends. - BGB surged over 10x, driven by burn mechanisms and enhanced utility. - Gracy Chen became the CEO from Managing Director at Bitget, making her the only female CEO in the top 10 exchanges, Hon Ng joined as a CLO, and Min Lin joined as the CBO. - Gained ap2025-01-23
Press releaseBitget Becomes the Second Largest Crypto Exchange Ecosystem by Userbase Victoria, Seychelles, 2 3rd January 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has released its 2024 transparency report highlighting one of the most successful years the company has experienced since its launch in 2018, emerging as the second-largest exchange ecosystem by user base. Driven by innovation, strategic business decisions, and a strong demand for trustworthy platforms have pushed the ecosystem to expand beyond expectations. The pla2025-01-23
GracyBitget CEO New Year Letter: Propel into New Horizons and Surge through Bullish Tides Dear Bitget Team, Partners, and Users, In the past 2024, we look back on an extraordinary year in the crypto world. It was a year of remarkable milestones: the approval of the Bitcoin spot ETF by the SEC at the start of the year, granting broader access to institutional investors and retail users; Bitcoin’s much-anticipated halving in April, followed by the approval of the2025-01-06
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, including2024-12-11
Hot EventsBitget held its first meetup in ArmeniaBitget, a leading cryptocurrency exchange and Web3 company, held its first meetup in Yerevan for local traders, influencers, and partners. Over 150 crypto enthusiasts gathered at one of the central venues of the capital, eagerly sharing their experiences with cryptocurrencies and blockchain technologies, asking questions, exchanging opinions, and getting familiar with Bitget's products and services. Elizaveta Yurchenko, Bitget's CIS Market Head, spoke about the main advantages of the exchan2025-04-07
Press releaseBitget will list StakeStone (STO) in the Innovation, DeFi and LSD Zone Victoria, Seychelles, 4 April 2025 – Bitget, the leading cryptocurrency exchange and Web3listedththe listing of StakeStone (STO), decentralized omnichain liquidity infrastructure protocol. Trading for STO/USDT commenced on 3 April 2025 (UTC), 10:30 (UTC). Designed to transform how liquidity is acquired, distributed, and utilized across blockchain ecosystems, StakeStone's core mission is to deliver efficient and sustainable organic liquidity flows that adapt to the needs of an2025-04-04
Press releaseBitget Announces Pre-Market Trading for Babylon (BABY) Victoria, Seychelles, April 3, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for Babylon (BABY), a blockchain project focused on enhancing the scalability and security of Proof-of-Stake (PoS) networks by leveraging Bitcoin’s infrastructure. The pre-market trading feature on Bitget facilitates a unique environment for price discovery and liquidity optimization. This structure allows buyers and sellers to negotiat2025-04-03
Press releaseBitget’s Ramadan Campaign Serves Over 60,000 Meals to Communities in Need Victoria, Seychelles, April 3rd, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has wrapped up its Ramadan charity initiative with an extraordinary milestone: 60,224 meals provided to families and individuals facing food insecurity across multiple regions. What began as a company-led effort quickly grew into a community-wide movement, with Bitget users, employees, and leadership coming together to amplify the campaign's global reach. The initiative started with an 8,000 US2025-04-03
Press releaseBitget Lists Ghiblification (GHIBLI) in the Innovation and Meme Zone Victoria, Seychelles, 28th March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Ghiblification (GHIBLI), a meme token inspired by the warmth, healing and fantasy style of Hayao Miyazaki's animation. Trading of GHIBLI/USDT starts on 27 March 2025, 14:00 (UTC). On 25 March, OpenAI enabled image generation in its flagship chatbot, sparking a viral aesthetic for AI-generated art of Studio Ghibli-style portraits across social medi2025-03-28
Press releaseBitget Expands Institutional Lending Services to Support All Spot Trading Pairs Victoria, Seychelles, March 28, 2025 — Bitget, the leading cryptocurrency exchange and Web3 company, announced a major upgrade to its Institutional Lending service, enabling institutional clients to borrow funds for trading across all spot trading pairs available on the platform. This strategic enhancement empowers institutional users with greater flexibility and capital efficiency as they explore diversified trading strategies. The Institutional Lending program offer2025-03-28
Press releaseBitget Lists KiloEx (KILO) in the Innovation and DeFi Zone Victoria, Seychelles, 2 8 th March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of KiloEx (KILO), a DEX focused on risk management and capital efficiency. Trading for KILOI/USDT will commence on 27 March 2025, 13:00 (UTC). KiloEx provides fast trades, real-time market tracking, and a user-friendly interface while offering liquidity providers risk-neutral positions and LP-friendly solutions. The operation of KiloEx (KILO)2025-03-28- Hot EventsBitget held an educational lecture for women in Belarus as part of the Blockchain4Her programThe open educational lecture, part of the global Blockchain4Her program, was the first thematic event of its kind in Belarus. Dozens of women, who are actively interested in blockchain technologies, building their careers in this field, or are ready to actively explore this new direction, gathered at the venue in Minsk. Elizaveta Yurchenko, Bitget CIS Market Head, shared with the participants the opportunities the company offers for business development in the blockchain sector. "Our global2025-03-27
Hot EventsTraders, Builders, and Investors: Bitget's First PR Conference Brought Together Crypto Users from AzerbaijanThe capital of Azerbaijan, Baku, hosted the first PR conference of Bitget, a leading cryptocurrency exchange and Web3 company. The event brought together not only media representatives and opinion leaders but also traders, community builders, and investors. Interest in crypto assets in the country has been growing year by year, with the number of active users already reaching tens of thousands. According to traders, this is just the beginning, as Azerbaijan is one of the most promising regions f2025-03-27
Press releaseBitget Lists Walrus (WAL) in the Innovation and Web3 Zone Victoria, Seychelles, 27th March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Walrus (WAL) on its platform. Trading for WAL/USDT will commence on 27 March 2025, 10:00 (UTC), with deposit available now and withdrawal available on 28 March 2025, 11:00 (UTC). Walrus is a decentralized storage network that stores and delivers raw data and media files, including videos, images, and PDFs. Walrus splits data into small pieces and distribu2025-03-27
Press releaseBitget Maintains 213% Reserve Ratio in March 2025 Proof-of-Reserves Update Victoria, Seychelles, 26th March 2025 – Bitget, the leading global cryptocurrency exchange, has released its latest proof-of-reserves report for March 2025, reaffirming its asset transparency and user fund security with a reserve ratio of 213%. The report, timestamped at 10:30 AM (UTC+8) on March 17, shows that the exchange holds more than double the users' total assets across BTC, ETH, USDT, and USDC. The audit, supported by a 27-layer Merkle tree comprising over 37.8 million records, verifies2025-03-26
Press releaseBitget Shifts Gears with Porsche Cup Brasil Sponsorship with Driver Flávio Sampaio Victoria, Seychelles, 26th March 2025 – Bitget, the leading global cryptocurrency exchange, is set to accelerate its presence in the motorsport world as the official sponsor of Driver Flávio Sampaio for the Porsche Cup Brasil 2025. The partnership, which kicks off with the season’s opening race in April 2025, symbolizes the convergence of the ongoing financial evolution and the adrenaline-fueled world of motorsport. The collaboration sets Bitget with Porsche’s legacy of precision and speed, cre2025-03-26
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