Competitions and promotions

Bitget Wallet (BWB) launches on Bitget Launchpad! Commit more BGB or USDT for a larger share!

2024-05-29 08:0021663

Bitget Wallet (BWB) will be launching on Bitget Launchpad. The more BGB or USDT you commit, the greater your share will be!

Go to Bitget Launchpad

About the project

Bitget Wallet is the ultimate Web3 multi-chain wallet, offering a comprehensive platform that includes wallet, Swap, NFT Market, DApp Browser, and Launchpad features. Supporting over 100 public chains, such as Ethereum, BNB Chain, Arbitrum, Polygon, and Avalanche, Bitget Wallet aggregates top DEXes and NFT marketplaces to provide traders with the best trading prices.

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Bitget Wallet (BWB) Launchpad details

• Token: BWB

• Total BWB supply: 1,000,000,000 BWB

• Launchpad pool for BGB holders: 5,000,000 BWB

• Launchpad pool for USDT holders: 5,000,000 BWB

• Exchange rate: 1 BWB = $0.15 (BGB swap price will be announced after the holding calculation period ends).

• Individual cap for BGB holders: 50,000 BWB (1% of the pool)

• Individual cap for USDT holders: 25,000 BWB (0.5% of the pool)

How to participate:

1. Log in to your Bitget account.

2. Hold BGB or USDT in your asset account so that your average BGB or USDT holdings can be calculated based on the snapshots taken from June 1, 3:00 – June 4, 3:00 (UTC).

3. BGB or USDT commitment cap calculation.

Your BGB or USDT commitment cap is based on your average BGB or USDT holdings during the calculation period. Your BGB and USDT holdings in all accounts (including your spot account, margin account, futures account, funding account, and Earn account) will be taken into consideration, including BGB and USDT assets that are frozen or locked up.

4. The BGB swap price will be announced when the commitment period starts, which will be the average BGB price during the calculation period (calculated every four hours).

5. Commit BGB or USDT

Your BGB or USDT commitment cap is based on your average BGB or USDT holdings during the calculation period. You can choose to commit a smaller amount. The BGB or USDT that you commit will be locked up while awaiting allocation.

6. Commitment calculation

After the commitment period ends, the system will calculate the amount of Launchpad tokens to be allocated to each user.

7. BGB or USDT deduction

After the allocation to each user is determined, Bitget will deduct the BGB or USDT from your account accordingly. The Launchpad tokens and any remaining BGB or USDT will be automatically sent to your spot account.

8. Notes:

1) The snapshots of BGB or USDT holdings will be taken after the holding calculation period begins. Make sure to prepare your holdings as early as possible. Your average BGB or USDT holdings = the sum of your BGB or USDT holdings at the time of each snapshot ÷ total number of snapshots. The total number of snapshots during the holding calculation period is fixed. If you have not prepared your BGB holdings before the start time of the holdings calculation period, you may miss out on some snapshots.

2) Market maker and broker accounts are not eligible for the promotion.
3) Only main accounts are eligible for the promotion. Any sub-accounts participating in this promotion will be disqualified and will not receive any rewards.

Bitget Wallet (BWB) Launchpad schedule

Phase	Date
Holding calculation period	June 1, 3:00 – June 4, 3:00 (UTC)
Commitment period	June 4, 6:00 – June 6, 6:00 (UTC)
Results	June 6, 8:00 (UTC)
BWB distribution	June 6, 2024, 8:00 – 12:00 (UTC)
Launch of BWB/USDT spot trading	June 6, 12:00 (UTC)