• 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

Crypto Usage Expands Beyond Traditional Traders

chest

Crypto is increasingly being adopted by freelancers, remote workers, online sellers, and Web3 professionals for various financial transactions.

user avatarFilippo Romano

Binance Academy Improves Educational Resources.

chest

Binance Academy, the official educational platform of Binance, has significantly expanded its offerings since its launch in 2018, now including over 1,000 articles and glossary entries on blockchain technology and cryptocurrencies.

user avatarLucas Weissmann

Wirex Business Introduces New Stablecoin Yield Feature

chest

Wirex Business has launched a new feature that allows customers to earn yield on their stablecoin deposits with just one click.

user avatarEmily Carter

Bitwise Launches BITW, a Rules-Based Multicrypto ETF

chest

Bitwise has launched BITW, a rules-based multicrypto ETF that offers diversified exposure and regulated access to cryptocurrencies, responding to the increasing demand from institutional investors.

user avatarTomas Novak

Kalshi Wins Temporary Relief from Connecticut's Gambling Enforcement

chest

A US judge has granted Kalshi a temporary reprieve from enforcement actions initiated by the Connecticut Department of Consumer Protection after a cease and desist order for alleged unlicensed gambling.

user avatarKaterina Papadopoulou

Bitcoin Remains in Ascending Triangle Amidst Resistance

chest

Bitcoin continues to trade within an ascending triangle pattern, facing resistance that leads to uneven market movements.

user avatarMaya Lundqvist

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.