The largest cryptocurrency exchange and Web3 company Bitget announced the launch of the Wrapped Bitcoin token — BGBTC. The new tool allows Bitcoin (BTC) holders to get the most out of their holdings with flexible staking options and increased rewards. BGBTC is fully backed by 1:1 BTC reserves, ensuring value parity is maintained and integration into the wider ecosystem.
The largest cryptocurrency exchange and Web3 company Bitget announced the launch of the Wrapped Bitcoin token — BGBTC. The new tool allows Bitcoin (BTC) holders to get the most out of their holdings with flexible staking options and increased rewards. BGBTC is fully backed by 1:1 BTC reserves, ensuring value parity is maintained and integration into the wider ecosystem.
From December 9, 2024 to January 8, 2025, users can stake BTC on Bitget to receive BGBTC tokens. This phase offers:
Double rewards in BGPoints.
Additional annual return of 2%, paid as a lump sum at the end of the period.
From January 9, 2025, Season 1 will start, which will offer:
«The rapid growth of the crypto industry, especially in the Bitcoin ecosystem, inspires us to constantly innovate. BGBTC is in line with our mission to improve the user experience by providing access to DeFi and high returns,» said Bitget CEO, Gracie Chen.
BGBTC makes it easy to earn extra income by providing access to:
Flexibility is provided by the ability to redeem BTC during the program.
Bitget guarantees reliability through:
Future features such as LaunchPool, PoolX, and staking platforms for lending expand the capabilities of BGBTC, strengthening Bitget’s mission to accelerate the mass adoption of cryptocurrencies.
For more information about BGBTC, visit the Bitget website.
