ChainCatcher news, Bitget officially launches BGBTC Season 1. During the event, users participating in the BGBTC subscription can continuously accumulate BGPoints and unlock a series of exclusive benefits, including fee-free subscriptions and redemptions, receiving airdrop rewards from multiple BTCFi projects through BGPoints, and flexible income plans, with the option to settle BGPoints in advance.The main advantage of BGBTC is that users can participate in the DeFi ecosystem while holding BTC, achieving asset appreciation. Bitget collaborates with multiple DeFi projects in the Bitcoin ecosystem to provide users who stake BGBTC with multiple project stacking reward points (BGPoints). The points earned can be converted into token airdrops after the project's TGE (Token Generation Event).

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.