Bitget launches BGBTC, and during the Pre-Launch period, users will receive double BGPoints rewards
ChainCatcher news, Bitget has launched the BGBTC (Bitget Wrapped Bitcoin) product. This product provides users with a simple and efficient way to increase their BTC holdings by combining automated intelligence and multiple yield models. After staking BTC, users will receive BGBTC tokens. Users participating in the subscription during the Pre-Launch period will receive a 2% annual yield and double BGPoints rewards. BGPoints are an important credential for users to enjoy multiple yields and will lead to airdrops from Bitcoin ecosystem (BTCFi) projects in the future. The Pre-Launch event runs from December 9, 15:00 - January 8, 15:00 PM (UTC+8).In addition, to ensure asset security, Bitget has partnered with Cobo to provide dual insurance. Users' BTC assets will be hosted by an MPC wallet and secured through multi-signature to ensure that each transaction is protected, preventing any party from unilaterally altering the transaction details.