Bitget launches BGBTC, a wrapped Bitcoin token offering increased rewards for staking.

Bitget, a major cryptocurrency exchange, has launched BGBTC, a wrapped Bitcoin token backed 1:1 by BTC. This allows Bitcoin holders to stake their holdings for increased rewards while retaining Bitcoin exposure. During the pre-launch phase, users receive double BGPoints rewards and a 2% annualized return. Season 1, starting January 9, 2025, will add enhanced benefits and flexible redemption.

3 months ago
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