Bitget Wrapped Bitcoin (BGBTC) revolutionizes access to DeFi by allowing you to use your BTC while generating exclusive rewards thanks to BGPoints. A unique opportunity to maximize your assets!
Written by Thomas
Updated on 01/14/2025 at 08:44 by Thomas
What is BGBTC?
The Bitget Wrapped Bitcoin (BGBTC) is a wrapped version of Bitcoin (BTC), backed at a 1:1 ratio on Bitget. This means that each BGBTC is fully backed by real BTC, providing transparency and security.
Its main objective is to integrate BTC in the DeFi ecosystemallowing users to enjoy returns and new opportunities without having to part with their assets.
In addition to this, Bitget is actively working to develop on-chain usage scenarios for BGBTC, increasing its utility and adoption.
Why choose BGBTC?
The advantages of BGBTC are multiple and strategic for investors.
- Security : Each BGBTC is backed by real BTC at a 1:1 ratio, ensuring transparency.
- Access to DeFi: Integrate your BTC into DeFi protocols while retaining their value.
- Future development: Bitget plans to expand on-chain applications of BGBTC to maximize its adoption.
BGPoints: exclusive rewards for BGBTC holders
By participating in BGBTC staking, you earn BGPointsexclusive reward points. These points provide various benefits to users.
The usefulness of BGPoints:
BGPoints act as exchangeable certificates in the Bitget ecosystem. Among the confirmed benefits:
- Access to airdrops: Obtain tokens from promising protocols such as Solv Protocol, Bedrock, Bsquared, Babylonet Morph.
- Strategic partnerships: BGPoints enable migration to the Elite on-chain ecosystem, reinforcing their value for investors.
BGPoints holders will notably receive airdrops after the launch of the version 1.17 you token SOLVhighlighting their strategic utility.
-BGBTC Staking Event Details (Season 1)
To participate in this promotion, Bitget has revealed specific conditions to maximize your profits.
Calendar on Bitget:
- Beginning : Since January 9, 2025 at 3:00 p.m. (UTC+8).
- Rewards: Distributed in BGPoints for each participating user.
- Minimum investment: 0.001 BTC, with no maximum limit.
Products related to this event will migrate to the ecosystem On-chain Eliteproviding even more value to users.
Here are the steps to join this exclusive opportunity:
- Create a Bitget account: Log in or register on the platform.
- Access the staking section: Find the tab dedicated to BGBTC in the staking section.
- Invest your BTC: Make a deposit with a minimum of 0.001 BTC.
- Receive your BGPoints: Rewards are automatically distributed after your participation.
Our opinion on BGBTC staking and BGPoints
BGBTC staking is an ideal solution for investors looking to maximize their BTC while taking advantage of the DeFi universe. The 1:1 ratio guarantee and exclusive BGPoints rewards reinforce the attractiveness of this product.
Additionally, strategic partnerships with protocols like Solv Protocol et Bedrock add a layer of innovation and return potential.
With this initiative, Bitget continues to position itself as a key player in blockchain in 2025by offering its users new opportunities and added value.
In addition, the native token of the platform, the BGB which allows you to obtain rewards on trading and staking on the exchange has recently seen its price explode to reach a record (ATH) the $8.49. While he started from an average price of $1.3 in 2024. This crypto token shows a progression of 967 % over the last year and is now part of the top 25 in the ranking of cryptocurrencies.
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DISCLAIMER
This article is published for information purposes only and should not be considered investment advice. Some of the partners presented on this site may not be regulated in your country. It is your responsibility to check the compliance of these services with local regulations before using them.
