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Bitget Elevates Institutional Loans (Spot) Service with Advanced Features for Institutional Users

Victoria, Seychelles, December 25th, 2024, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 platform, has announced upgrades to its Institutional Loans (Spot) service, reinforcing its commitment to providing efficient and robust trading solutions for institutional users and market makers.

Bitget Institutional Loans offer tailored financial solutions with 3x and 5x leverage for spot trading, addressing the sophisticated requirements of institutional clients and enabling them to maximize trading efficiency.

Key Service Enhancements

The upgraded Institutional Loans (Spot) service incorporates the following optimizations:

  1. Multi-Risk Unit Management: The service now features independent risk units for collateral management, with Loan-to-Value (LTV) calculations performed separately for each unit. This ensures enhanced risk segmentation and operational flexibility.
  2. Automated Repayment Reminders: Email notifications will now be issued three days and one day before repayment deadlines, assisting users in maintaining timely repayment schedules.

Notable Advantages

The Institutional Loans (Spot) service offers several distinct advantages, including:

  • Collateral Locking: Collateral assets are securely stored within designated Risk Unit (RU) spot sub-accounts.
  • Market Accessibility: Collateral assets can be actively traded in spot markets, provided LTV requirements are met.
  • Diverse Collateral Support: A broad range of collateral types is supported, catering to varying client preferences.
  • Competitive and Flexible Terms: The service offers favorable interest rates and adaptable borrowing limits, addressing the diverse needs of institutional traders.

Supporting Institutional Growth

These enhancements reflect Bitget’s focus on optimizing services for institutional participants, fostering greater efficiency and flexibility in the dynamic cryptocurrency market.

For a comprehensive understanding of the Institutional Loans (Spot) service and integration through APIs, please refer to the detailed resources available on the Bitget platform.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Contact

Public Relations
Media
Bitget
media@bitget.com

BetFury x PancakeSwap Partnership: $20K BFG Syrup Pool, $50K Trading Competition & More

Curaçao, Fergusonweg, December 24th, 2024, Chainwire

BetFury transferred $750,000 of liquidity to PancakeSwap, making the leading DEX the primary liquidity holder for BFG tokens. This collaboration introduces the BFG-CAKE Syrup Pool, a time-limited Trading Competition, CAKE integration in BetFury Futures, and more. Additionally, BetFury has launched a special CAKE Staking Pool exclusively for new users, accessible with a unique promo code provided in this article.

BetFury & PancakeSwap collaboration

Two projects from diverse niches have united with one goal: to offer new crypto-earning opportunities. The projects have a shared vision: bridging the gap between gaming enthusiasts and crypto traders. BetFury is connected to DeFi: it offers a wide range of crypto features like Crypto Staking with up to 60% APR and Futures, which has expanded with the CAKE token integration.

$20,000 BFG-CAKE Syrup Pool | New way to earn BFG

Cakes are even sweeter with syrup, especially when served generously. That’s why the BFG Syrup Pool offers a whopping $20,000 total capacity. PancakeSwap users can stake CAKE for 90 days to earn BFG tokens, with over 20% APR based on the number of participants. The only limit is up to 100 CAKE per wallet.

The next step: with access to over 8,000 slots, 20 exclusive in-house games, and bets across 50+ sports categories. By holding just 100 BFG, users can unlock BFG Staking rewards in BTC, ETH, USDT, BNB, and TRX—maximizing crypto-earning potential.

$50,000 Trading Competition | Leaderboard & extra rewards

The Trading Competition marks the second phase of the collaboration. With a $50,000 prize pool in USDT and BFG tokens, BetFury invites all traders of the BFG-CAKE pair to compete. A leaderboard featuring the top 15 winners will be revealed at the end, while 15-20 randomly chosen participants will receive bonus rewards. The competition runs for 20 days only, from December 24 to January 12.

Exclusive CAKE Staking Pool for New Users on BetFury 

BetFury is excited to launch the exclusive CAKE Staking Pool, offering up to 40% APR. This pool is tailored for new users who can access it using the BFCAKE code. The CAKE Staking Pool has already started and is available for 7 days on the BetFury platform. During this period, participants can earn BFG on PancakeSwap and CAKE on BetFury, boosting their crypto holdings and gaining an edge in the Trading Competition.

About BetFury

BetFury is a trusted crypto and entertainment ecosystem that has been at the forefront of iGaming, crypto-earning features, and sports betting for over five years. With a global community of over 3 million registered users, BetFury offers a wide array of competitive products, including original games with up to 99.28% RTP, BFG Staking, Crypto Staking, NFT Lootboxes, an Affiliate Program, and more.

To enhance user experience, BetFury also features a Telegram Bot that boosts crypto rewards and ensures quick, seamless access to the platform. Adding to its appeal is a lucrative Referral Program, where referrers can earn up to $1,500 in bonuses and a 30% commission from their referrals’ activity, with the option to share rewards.

Contact

PR Manager
Alisia Preston
BetFury
pr@betfury.com

Bitget Unveils FARTCOINUSDT Futures with 75x Leverage and Advanced Trading Bot Integration

Victoria, Seychelles, December 25th, 2024, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company, has unveiled FARTCOINUSDT perpetual futures as the latest addition to its trading platform. Launched on December 21, 2024, at 4:00 PM (UTC+8), the new contract features a maximum leverage of 75x, making it one of the most dynamic trading options currently available.

The introduction of FARTCOINUSDT futures reinforces Bitget’s reputation for delivering high-leverage trading opportunities, with features designed for experienced traders and algorithmic strategies.

FARTCOINUSDT Futures Details

  • Launch Date: December 21, 2024, at 4:00 PM (UTC+8)
  • Maximum Leverage: 75x
  • Settlement Asset: USDT
  • Tick Size: 0.0001
  • Funding Fee Settlement Frequency: Every eight hours
  • Availability: 24/7

The contract parameters, such as leverage and tick size, are subject to adjustments based on prevailing market risks.

Expanding Futures Trading Capabilities

Bitget continues to enhance its futures trading ecosystem with a variety of products tailored to diverse trading styles:

  • USDT-M Futures: Simplify trading by using USDT for multiple currency pairs, enabling streamlined account management.
  • Coin-M Futures: Trade contracts with underlying cryptocurrencies as settlement and margin assets.
  • USDC-M Futures: Access contracts settled and margined with USDC.

The addition of FARTCOINUSDT strengthens Bitget’s commitment to providing high-performance trading tools and flexibility for its growing global user base.

Innovation Meets Accessibility

With trading bot compatibility, FARTCOINUSDT perpetual futures enable users to implement automated strategies for precision and efficiency. These features are available on both the Bitget app and the official website, ensuring accessibility for traders worldwide.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Contact

Public Relations
Media
Bitget
media@bitget.com

Bitget Expands Futures Offering with HIVEUSDT Launch Featuring 20x Leverage and Bot Integration

Victoria, Seychelles, December 25th, 2024, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company, has announced the addition of HIVEUSDT perpetual futures to its trading platform. The contract, available from December 23, 2024, at 4:00 PM (UTC+8), offers up to 20x leverage and is compatible with advanced trading bots, providing users with flexible strategies for navigating the market.

This latest addition reinforces Bitget’s commitment to expanding its suite of perpetual futures offerings, catering to both experienced traders and newcomers seeking diverse trading tools.

HIVEUSDT Futures Details

  • Launch Date: December 23, 2024, at 4:00 PM (UTC+8)
  • Leverage: Up to 20x
  • Settlement Asset: USDT
  • Tick Size: 0.0001
  • Funding Fee Settlement: Every eight hours
  • Availability: 24/7

The HIVEUSDT contract parameters, including leverage and maintenance margins, are subject to adjustments based on prevailing market risks.

Futures Trading Ecosystem at Bitget

Bitget offers a robust futures trading environment, accommodating a range of strategies through its diverse product lineup:

  • USDT-M Futures: Unified account equity with multiple pairs settled in USDT.
  • Coin-M Futures: Use the underlying cryptocurrency as collateral and settlement.
  • USDC-M Futures: Trade with USDC for settlement and margin.

By introducing advanced trading bot compatibility, Bitget enables users to automate and optimize their futures trading experience across its platform, whether on the official website or the Bitget app.

Expanding Accessibility to HIVE Futures

The launch of HIVEUSDT perpetual futures further aligns with Bitget’s strategy to expand its futures ecosystem, providing traders access to a wider range of market opportunities. With continuous updates and innovations, Bitget maintains its position as a top destination for futures trading in the cryptocurrency space.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Contact

Public Relations
Media
Bitget
media@bitget.com

Bitget Partners with DuitNow for Zero-Fee Transactions and 50,000 BGB Christmas Giveaway

Victoria, Seychelles, December 25th, 2024, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company, has announced a special Christmas promotion in collaboration with DuitNow. The campaign, running from December 24, 2024, at 6:00 PM to January 7, 2025, at 6:00 PM (UTC+8), offers new users the opportunity to transfer assets with zero fees and compete for a shared prize pool of 50,000 BGB.

Activity Overview

This promotion is exclusively available for new users who have not previously made transactions through DuitNow. During the promotion period, participants can buy cryptocurrency assets in any amount using the third-party DuitNow payment method. Zero transaction fees are applicable until December 31, 2024, at 6:00 PM (UTC+8). Eligible users will receive 1 BGB for completing their first third-party transaction during this period.

Promotion Details

  • Eligibility: New users completing their first DuitNow transactions during the promotion period.
  • Rewards:
  • Zero fees on transactions until December 31 at 6:00 PM (UTC+8).
  • A shared prize pool of 50,000 BGB to be distributed to eligible participants.
  • Reward Distribution: Rewards will be distributed 15 days after the promotion concludes.

Terms and Conditions

  1. Participants must register for the promotion through their main account using the provided registration button and complete identity verification.
  2. Only new users who make their first transactions through DuitNow are eligible.
  3. Bitget will disqualify users engaging in wash trading, bulk account registrations, self-dealing, or any actions suggestive of market manipulation.
  4. Bitget retains the right to amend, change, or cancel the promotion without prior notice and holds the final interpretation of the promotion terms.

For further assistance, participants are encouraged to contact support@bitget.com.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Contact

Public Relations
Media
Bitget
media@bitget.com

Bitget, the Leading Cryptocurrency Exchange and Web3 Company, Announces New Phase of Wealthy Tuesday

Victoria, Seychelles, December 24th, 2024, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company has announced the launch of the latest phase of Wealthy Tuesday on December 24 at 15:00 PM (UTC+8). Wealthy Tuesday is a series of promotional events that offer Earn products designed to thank both new and existing users for their ongoing support.

This phase features BTC and ETH savings products with appealing Annual Percentage Rates (APR) and flexible terms, enabling users to optimize their cryptocurrency investments effectively.

Promotion Details

  • BTC Savings: 3% APR, 14-day term, personal limit: 2 BTC
  • ETH Savings: 5% APR, 14-day term, personal limit: 40 ETH

For the latest details, users should refer to the subscription page for accurate product specifications.

Fixed-to-Flexible Functionality

Bitget’s Fixed-to-Flexible feature ensures seamless transitions for Fixed Savings subscriptions. Upon maturity, funds automatically transfer to Flexible Savings products, allowing users to continue accruing interest without interruption. This feature ensures that idle funds remain actively generating returns.

Platform Navigation

The Earn section, accessible via the website navigation bar or the app homepage, provides a centralized location for exploring savings products. Users can locate specific cryptocurrency offerings through these features.

  • Interest Accrual Rules:
  • Hourly: Principal accrues interest starting the next hour after subscription. Interest is credited to the spot account hourly.
  • Daily: Principal begins accruing interest at 12:00 AM (UTC+8) on the day after subscription, with daily interest distributions starting the following day.
  • Interest Calculation:
  • Hourly: Interest = Accrual Amount × Hourly APR ÷ 365 ÷ 24
  • Daily: Interest = Accrual Amount × Daily APR ÷ 365
  • Redemption: Subscriptions can be redeemed at any time using the Redeem button, with the principal immediately transferred to the spot account.

For additional guidance, users can consult the Beginner’s Guide to Bitget Flexible Savings or the Introduction to Bitget Fixed Savings.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Contact

Public Relations
Media
Bitget
media@bitget.com

Bitget Launches AIXBT/USDT Perpetual Futures with Bot Integration

Victoria, Seychelles, December 24th, 2024, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company has launched has launched AIXBT/USDT perpetual futures trading, effective at 16:00 (UTC+8). This addition offers traders a maximum leverage of 75x and supports integration with futures trading bots, enabling enhanced automation and efficiency for a variety of trading strategies.

The AIXBT/USDT-M perpetual futures pair is settled in USDT, featuring a tick size of 0.00001 and funding fees settled every eight hours. With trading available 24/7, this launch reaffirms Bitget’s dedication to delivering uninterrupted access to cutting-edge trading options for its global user base.

Key parameters for the AIXBT/USDT pair include USDT settlement, 75x maximum leverage, and eight-hour funding fee intervals. To maintain a secure and efficient trading environment, Bitget retains the discretion to adjust parameters such as tick size, leverage, and maintenance margin rates based on prevailing market risks.

This development aligns with Bitget’s mission to provide a diverse suite of trading opportunities, leveraging innovative tools to meet the evolving demands of its users worldwide. 

For more details, users can visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Contact

Public Relations
Media
Bitget
media@bitget.com

Bitget Launches CGPTUSDT Perpetual Futures for Trading and Bots Integration

Victoria, Seychelles, December 24th, 2024, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company, has launched CGPT/USDT perpetual futures trading, effective at 16:00 (UTC+8). This launch supports a maximum leverage of 75x and features integration with futures trading bots, offering traders advanced tools to enhance their strategies.

The CGPT/USDT-M perpetual futures pair is settled in USDT and designed with a tick size of 0.00001. Funding fees are settled every eight hours, and trading is available 24/7, ensuring flexibility and efficiency for global users. This latest addition aligns with Bitget’s ongoing efforts to expand its comprehensive trading options for an international audience.

Trading parameters for the CGPT/USDT futures pair include a settlement in USDT, a maximum leverage of 75x, and funding fee settlements every eight hours. These parameters are subject to adjustments based on market conditions to manage risk effectively.

This launch highlights Bitget’s commitment to providing diverse trading opportunities and cutting-edge tools to meet the evolving needs of its users worldwide.

For more details on trading CGPT/USDT, users can visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Contact

Public Relations
Media
Bitget
media@bitget.com

K-Culture Meme Coin Pepe Buldak Surpasses $2 Million in Presale

Seoul, Korea, December 24th, 2024, Chainwire

Inspired by the popular Korean spicy chicken dish “Buldak,” Pepe Buldak ($BUL) introduces a unique concept that merges the global appeal of memes with elements of Korean culture. By leveraging the recognition of “Buldak” and combining it with the viral appeal of the “Pepe” meme coin, the project has drawn attention worldwide, raising over $2 million during its presale phase and gaining traction across Korea, Asia, and other regions.

Highlighting Korean Cuisine and Culture

While “Buldak” is widely associated with instant noodles, its origin as a traditional spicy chicken dish is less well known internationally. Pepe Buldak seeks to spotlight this culinary tradition through an innovative platform called “Open Franchise.” This decentralized franchise model aims to promote Korean dishes and cultural elements globally through a community-driven framework.

A project representative explained: “If Buldak noodle can gain international popularity, there is significant potential for the original Buldak(Korean spicy chicken) dish to resonate with global audiences. Our focus on offline services seeks to bridge this cultural connection further.”

Innovative Features and Business Model

Pepe Buldak combines Web3 innovation with a real-world utility framework, incorporating features such as automatic staking, enhanced presale rewards, instant token claims, and a gamified experience through its “Shiba Gimbap NFT.” The “Open Franchise” model allows participants to establish franchise operations by staking $BUL tokens. This approach represents a novel integration of digital assets with offline businesses, positioning the project as a first-of-its-kind initiative in the meme coin sector.

To support its tokenomics, $BUL employs a deflationary model to create long-term value. Franchise operations require staking a minimum of 100 million tokens, which contributes to increased scarcity as the network expands. The project has also completed smart contract audits by Germany’s SolidProof and the Netherlands’ Coinsult, reinforcing its security and transparency.

Cultural Integration and Global Outreach

Pepe Buldak draws inspiration from widely recognized elements of Korean culture, such as K-pop, iconic TV dramas, and viral social media trends, to create engaging campaigns for international audiences. By blending these cultural references with its meme coin concept, the project highlights the global appeal of Korean culture and its potential to influence the Web3 ecosystem.

A Pioneering K-Meme Initiative

As the meme coin trend continues to grow in Korea, Pepe Buldak distinguishes itself with a decentralized model and cultural integration. With no significant K-Meme presence dominating the market, Pepe Buldak aims to position itself as a pioneering example of a Korean meme coin gaining global recognition.

About Pepe Buldak

Pepe Buldak is the newest project entering the K-meme phenomenon through the Web3 sector. As a result of the recent rise in the popularity of everything Korean, Pepe Buldak is quickly rising to fame. The team seeks to solve problems from traditional franchise businesses through its “Open Franchise” solution.

The presale is live on the project’s website, and the $BUL token price steadily increases phase after phase. By the time the token goes live, the early investors will be able to collect their tokens by connecting wallets and clicking “claim.”

For $BUL, the total supply determined by the team is only 4.2 trillion tokens. Memecoin fans will notice that this number represents a small 1% of the originally issued Pepe tokens (420 trillion).

Token distribution will be as follows: 50% on DEX/CEX liquidity, 20% through mining, and 30% for community rewards over time. The Pepe Buldak team has zero token allocations. This feature may reduce the likelihood of dumping and allow for a more stable market for $BUL.

Anyone interested in Pepe Buldak can visit its official website for more information and to participate in the ongoing presale. The social media pages below provide the latest developments and news on Pepe Buldak.

Telegram: https://t.me/pepebuldak_official

X: https://x.com/pepebuldak

Contact

Pepe Rony
Pepe Buldak
pepebuldak@pepebuldak.com

Bitget Launches FARTCOIN/USDT Perpetual Futures with 75x Leverage and Trading Bot Support

Victoria, Seychelles, December 24th, 2024, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company, has announced the lhas introduced FARTCOIN/USDT perpetual futures trading, effective at 16:00 (UTC+8). This new offering enables traders to access up to 75x leverage and utilize advanced futures trading bots, providing enhanced efficiency and flexibility for a variety of trading strategies.

The FARTCOIN/USDT-M perpetual futures pair is settled in USDT and features a tick size of 0.0001, with funding fees settled every eight hours. Trading is available 24/7, ensuring uninterrupted access to this innovative addition. This launch demonstrates Bitget’s ongoing efforts to deliver cutting-edge tools and services designed to meet the diverse needs of cryptocurrency traders across the globe.

Key parameters for the FARTCOIN/USDT perpetual futures include settlement in USDT, high leverage options of up to 75x, and eight-hour funding fee intervals. Bitget reserves the right to adjust trading parameters, such as tick size, leverage, and maintenance margin rates, to address market conditions and ensure a secure trading environment.

This launch reflects Bitget’s continued focus on expanding its portfolio of advanced trading solutions, cementing its position as a global leader in cryptocurrency trading innovation. 

For more details, users can visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, uses can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred.

Contact

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Bitget
media@bitget.com

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