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Bitget Launches Platform Token BFT Activities to Share 2.2 Million BFT

UTC by Julia Sakovich · 3 min read
Bitget Launches Platform Token BFT Activities to Share 2.2 Million BFT
Photo: Bitget

As the world’s top five derivatives exchange, Bitget has attracted a large number of users with its high-quality contract products and smooth user experience, and currently supports 22 currency transactions.

The Bitget exchange announced that it will launch activity to deposit and trade BFT to win the BFT from May 10th to May 17th(UTC+8). The total prize pool includes 2.2 million BFT and 1,600USDT contract trial fund.

In order to encourage more users to participate in the construction of Bitget token ecosystem, during this event, all users participating in BFT transactions can receive 10 BFT rewards, and the prize pool has a total of 200,000 BFT. At the same time, Bitget also gave out 2 million BFT to provide additional rewards to users participated. After the event ends, Bitget will reward 3% BFT based on the net assets of BFT in the registered user’s account.

In addition, for users participating in BFT exchange transactions, Bitget has set up a contract trial fund prize pool of 1,600 dollars. According to the ranking of the buying transaction volume, the top three users will receive 800USDT, 500USDT and 300USDT contract trial fund respectively. Users can use contract trial fund to trade USDT margined contract or Coin margined contract.

It is understood that BFT is an ecological token released by Bitget in 2019, with an opening price of 0.015 U.S. dollars. As of May 7, it has risen to 0.22 U.S. dollars. The increase has reached 1,300% in the past two years. BFT is currently included by major market platforms such as CMC and CoinGecko, allowing users to check prices in real-time.

Bitget is constantly committed to creating a complete ecological closed loop. As the world’s top five derivatives exchange, Bitget has attracted a large number of users with its high-quality contract products and smooth user experience, and currently supports 22 currency transactions. Since the beginning of this year, Bitget has begun to make efforts in the spot exchange market, and currently supports transactions in mainstream currencies and popular currencies including BFT, LINK, and UNI.

While refining the product layout, Bitget will empower the platform token BFT with greater value potential and liquidity. At present, the products and services of the whole platform have been opened up through BFT. Users holding BFT can not only support spot transactions and contract transactions, but also participate in quanto swap contract transactions, lock-in wealth management, invitation benefits, and one-click exchange of some currencies.

At the same time, as an ecological token launched by Bitget, Bitget has also set up a complete lock-up mode. At present, Bitget can support copy trade traders to settle in lock positions, brokers to settle in lock positions, and global partners to settle in lock positions, etc. This means that as BFT-holding users can develop together with Bitget, they can share the platform’s growth dividends.

In this regard, Bitget’s global CEO Sandra stated that Bitget has already been deployed in decentralization, wealth management and lending, and is now actively exploring NFT and asset synthesis products. In the future, Bitget will build more scenarios to empower the value of BFT.

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Julia Sakovich
Editor-in-Chief Julia Sakovich

Having obtained a diploma in Intercultural Communication, Julia continued her studies taking a Master’s degree in Economics and Management. Becoming captured by innovative technologies, Julia turned passionate about exploring emerging techs believing in their ability to transform all spheres of our life.

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