• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitget: New Era of Multi-Chain Gas Payments with BGB

user avatar

by Giorgi Kostiuk

a year ago

Cryptocurrency provider Bitget has shared updates about its BGB token, which will become a crucial element for payments across various blockchains starting 2025.

A New Future for BGB

Starting in January 2025, BGB will be the main choice for multi-chain gas payments with the new GetGas feature. Users can easily conduct transactions across blockchains like Ethereum, Solana, BNB Chain, and others by paying gas fees with BGB, USDT, or USDC.

Benefits of Using BGB

The main idea of the innovation is to simplify transactions and reduce user costs. Moreover, the Bitget Reward Center will allow users to earn free gas vouchers by completing simple tasks, further reducing transaction expenses.

This integration of multi-chain gas payments is designed to open up new opportunities in decentralized finance and make technology easier to use.Alvin Kan, COO Bitget Wallet

BGB Token Burn Plan

Bitget plans to reduce the total BGB token supply by 40%, cutting the number of tokens from 2 billion to 1.2 billion. Beginning in 2025, the company will initiate quarterly token burns, using 20% of its profits from exchange and wallet operations for this effort.

With these changes, Bitget aims to make decentralized technology more accessible and user-friendly for a broader audience.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cisco's Strategic Move into AI Infrastructure

chest

Cisco is making significant strides in the AI sector, having booked $1.3 billion in AI infrastructure orders from major web players, with a reported revenue of nearly $15 billion, marking a 75% increase from the previous year.

user avatarBayarjavkhlan Ganbaatar

Cisco Stock Hits New Heights, Surpassing 2000 Record

chest

Cisco's stock reached a new high of 80.25, surpassing its previous record of 80.06 from March 2000, highlighting the company's growth and resilience since the dotcom bubble.

user avatarMohamed Farouk

NEAR Protocol Sees Significant Growth in Network Intents

chest

NEAR Protocol's network intents are expanding at a triple-digit rate each month, indicating rising adoption.

user avatarElias Mukuru

Solana DEXs Lead the Market with $39 Billion Volume for 16 Consecutive Weeks

chest

Solana-based decentralized exchanges have achieved a trading volume of $39 billion, maintaining their leadership in the market for 16 consecutive weeks.

user avatarDiego Alvarez

Michael Saylor Highlights Rapid Shift in Banking Attitudes Towards Bitcoin

chest

Michael Saylor highlights the rapid shift in banking attitudes towards Bitcoin, noting that major banks are becoming more welcoming to cryptocurrency.

user avatarKenji Takahashi

Tokenization Efforts Gaining Momentum Among Major Financial Institutions

chest

Tokenization efforts are gaining momentum among major financial institutions like BlackRock and JPMorgan, aiming to bridge public and private financial systems through collaborative projects.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.