Bitgate promotes business with mining promotion, giving all fees to traders
Victoria, Seychelles, April 27, 2024, Chainwire
Bitgate, the world's leading cryptocurrency exchange and Web3 company, has announced that it has upgraded its zero-fee campaign to commercialize mining. This new initiative encourages users to trade Bitget Token (BGB) BTC/USDT and ETH/USDT on the spot market. Daily trading fees generated by these two pairs will be returned to traders in the form of BGB tokens, and the event will go live on April 28 and end on May 20, 2024.
The prize distribution will be based on the amount of spot trades completed on the previous day in BTC/USDT and ETH/USDT pairs. To better benefit new users, API transactions, sub accounts, institutional users and market maker accounts are excluded from this program.
The total prize pool is directly related to the total handling fees collected from the relevant BTC/USDT and ETH/USDT transactions, ensuring a fair distribution of prizes among participants. Users can expect the reward amount to be calculated based on the previous day's data, which is updated daily at 8:30 PM UTC.
Users can participate by visiting the campaign to claim rewards. Each participant can earn a maximum of 500 BGB per day. All unclaimed prizes will be distributed directly to users' space accounts within three days after the conclusion of the event.
For more information on participating, users can visit here.
This is not the first time that Bitget has given back to the community. In response to recent Bitcoin and Ethereum highs, along with major events like the Bitcoin Halving and Ethereum's Dencun Upgrade, Bitgate has introduced zero fees on BTC and ETH transactions. This strategic campaign has made crypto trading more accessible and affordable for Bitget users. By removing transaction costs, Bitget aims to encourage wider participation and allow new traders and investors to enter the crypto space.
About Bitget
In the year Founded in 2018, Bitgate is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, Bitgate Exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. BitGate Wallet, formerly known as BitCap, is a world-class multi-chain crypto wallet that offers a number of comprehensive Web3 solutions and features including wallet functionality, swaps, NFT marketplace, DApp browser and more. BitGate works with trusted partners, including the legendary Argentinian soccer player Lionel Messi and official eSports events organizer PGL, to inspire individuals to embrace crypto.
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