Cryptocurrency profile · BGBTC
Bitget Wrapped BTC
$83,493.00 USD
- Market cap rank
- 296
- Market cap
- 99,006,690
- Circulating supply
- 1,184
- Max supply
- —
About Bitget Wrapped BTC
Bitget Wrapped Bitcoin (BGBTC) is a wrapped version of Bitcoin (BTC) that is pegged 1:1 with BTC on Bitget. It allows users to hold BTC while earning value in the DeFi space, and Bitget plans to expand the on-chain use cases for BGBTC to give access to yield opportunities that were previously unavailable to BTC holders while maintaining BTC positions. Users can subscribe to and redeem BGBTC through the BGBTC subscription channel on the product page, and can also stake BGBTC on Bitget Earn. Bitget will collaborate with multiple Bitcoin DeFi projects to offer diversified yield opportunities. Bitget partners with multiple DeFi projects in the Bitcoin ecosystem, allowing users who stake BGBTC to earn stackable reward points (BGPoints) from various projects. These points can be converted into token airdrops after the projects' token generation events (TGEs).
- BGBTC is pegged 1:1 with Bitcoin (BTC) on Bitget.
- Users can stake BGBTC on Bitget Earn to earn rewards.
- Staking BGBTC can earn stackable reward points (BGPoints) from various DeFi projects.
- BGPoints can be converted into token airdrops after the projects' token generation events (TGEs).
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