Bitget Announced New Trade to Mine Promotion, Channeling Back All Fees to Traders
Crypto exchange Bitget has unveiled its latest innovation: the trade-to-mine program, said to be an upgrade of its zero-fee campaign. Hold from April 28th to May 20th, 2024; this initiative will see Bitget Tokens (BGB) distributed to spot traders dealing in BTC/USDT and ETH/USDT.
The programs reward pool is intricately linked to the cumulative fees from eligible transactions involving BTC/USDT and ETH/USDT. This design guarantees equitable distribution of rewards among all participants, ensuring fairness throughout the program.
In a further commitment to fairness, Bitget has raised the bar by excluding market maker accounts, API transactions, sub-accounts, and institutional users from the rewards program. This strategic move levels the playing field, providing newer traders a competitive advantage in qualifying for and obtaining free BGB tokens.
According to the programs press release, participants can anticipate receiving rewards following the platforms daily calculation of transaction data from the prior day. These updates will be executed promptly at 8:30 PM UTC, ensuring transparency and timely distribution.
Participants in the Trade to Mine program will access their rewards via the campaigns live page, offering a seamless experience. Each participant can earn up to 500 Bitget Tokens, underscoring the programs generosity as an expression of gratitude to the community.
Bitgets growth trajectory over the past six years, since its inception in 2018, has been nothing short of remarkable, boasting a user base exceeding 25 million globally. Central to this success has been the unwavering support of its community, driving Bitget to continuously explore innovative avenues for rewarding loyal users. These initiatives span pivotal milestones within the crypto ecosystem, including Ethereums Dencun upgrade, Bitcoin halving events, and even attaining all-time highs by various tokens.
An illustrative instance of Bitgets commitment to its community is evident in its swift implementation of the zero-fee program for all Ethereum and Bitcoin transactions following significant events such as ETHs major upgrade and post-halving periods. Building on this precedent, the exchange aims to further elevate its engagement with the community by introducing the trade-to-mine program. This initiative solidifies Bitgets dedication to empowering its community members and fostering an environment where all participants can thrive in cryptocurrency trading. To participate in the Trade to Mine campaign, visit its live page at https://www.bitget.com/events/trade-mining.
About Bitget
Established in 2018, Bitget is the worlds leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
Text source: ZyCrypto