Bitget, the leading crypto derivatives trading platform, has announced the launch of its trade-to-mine program as an upgrade of the zero-fee campaign. The initiative will kick off on 28th April – 20th May 2024 and will involve distributing Bitget Tokens (BGB) to spot traders of BTC/USDT and ETH/USDT.
The reward pool for the Trade to Mine Program will be directly tied to the total cumulative fees from qualifying BTC/USDT and ETH/USDT transactions. This approach will ensure the program achieves fairness in the distribution of rewards across all participants.
Bitget Token (BGB) has surged 20.54% upwards over the last 30-days, as per data from CoinMarketCap and is currently trading near $1.2 during press time. The token has also recorded a tremendous increase in daily trading volumes by 31.45% in the last 24-hours.
1 year price perfomance of BGB/USD in the last 12 months. Data by CoinMarketCap
Trade to Mine is 100% Fair for Everyone, Including Newbies
Meanwhile, the exchange has taken its commitment to equitable distribution a notch higher by excluding market maker accounts, API transactions, sub-accounts, and institutional users from the rewards initiative. This means newcomer traders will have a more competitive edge to become eligible and receive free BGB tokens.
As per the press release announcing the program, participants will receive their rewards once the platform calculates the amount using transaction data from the previous day, each update will be made at 8:30 PM UTC.
Trade to Mine program participants will unlock their rewards through the campaign’s live page. With each user guaranteed the opportunity to earn upto 500 Bitget Tokens, the program serves as a generous incentive for the exchange to appreciate its community.
A Longlasting Track Record in Providing Quality Crypto Trading Solutions
Bitget has achieved remarkable growth in the last 6 years since its launch in 2018, with over 25 million users from across the world. Thanks to its community, the exchange has always explored innovative ways to reward loyal users by celebrating pivotal milestones in the crypto ecosystem. Some of these include Ethereum’s Dencun upgrade, Bitcoin halving, or even when a token reaches its all-time high.
For example, Bitget implemented the zero-fee program on all transactions comprising Ethereum and Bitcoin immediately after ETH’s big upgrade and post-halving. Now the exchange wants to enhance the program and implement the trade to mine program to reaffirm its commitment to community empowerment. To access the rewards initiative, users can visit its official page at https://www.bitget.com/events/trade-mining.
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