Victoria, Seychelles, January 13th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company has announced the listing of Xterio (XTER) in the Innovation, Web3, and GameFi Zone. The trading pair XTER/USDT will be available for spot trading starting January 8, 2025, at 10:00 UTC

Deposits are now open, with trading available from January 8, 2025, at 10:00 UTC. Withdrawals will be enabled on January 9, 2025, at 11:00 UTC.

To mark the listing, Bitget introduces an exclusive PoolX activity, allowing users to lock BTC or ETH for XTER airdrops during the activity period.

PoolX – Lock BTC and ETH for XTER Airdrops

The locking period runs from January 8, 2025, at 10:00 UTC to January 11, 2025, at 10:00 UTC. A total of 736,000 XTER will be distributed as airdrops.

For the BTC locking pool, 368,000 XTER are allocated. Users can lock a minimum of 0.0001 BTC and a maximum of 1 BTC. The airdrop per user is calculated as the proportion of their locked BTC to the total BTC locked by all participants.

For the ETH locking pool, 368,000 XTER are allocated. Users can lock a minimum of 0.002 ETH and a maximum of 15 ETH. The airdrop per user is calculated as the proportion of their locked ETH to the total ETH locked by all participants.

About Xterio

Xterio is a global game developer and publisher focused on delivering multiplayer experiences across multiple genres. By integrating Web3 technology, Xterio creates immersive universes that combine player ownership with cross-platform gameplay and expansion across media formats.

Token Information

Contract Address (BEP20): 0x103071Da56e7cD95b415320760D6a0dDC4DA1ca5

Limited-Time Offer

From January 8, 2025, users can buy XTER with credit or debit cards at a 0% fee. Supported currencies include EUR, GBP, AUD, and more.

Risk Disclaimer

Cryptocurrencies are subject to high market risks and volatility. Users are advised to conduct thorough research and invest responsibly.

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.

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Victoria, Seychelles, January 13th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company has announced the launch of XTERUSDT-M perpetual futures trading with a maximum leverage of 20x. This new contract, available from January 8, 2025, at 21:20 (UTC+8), provides advanced trading features, including bot integration, to enhance user experiences.

The XTERUSDT-M contract is denominated in USDT, with a tick size of 0.0001, and funding fee settlements every eight hours. Trading is open 24/7, allowing users to optimize their strategies with the flexibility and efficiency offered by the platform. Futures trading is accessible via Bitget’s official website (www.bitget.com) or the Bitget app.

To adapt to evolving market conditions, Bitget retains the authority to modify key trading parameters, including tick size, maximum leverage, and maintenance margin rates, ensuring the platform remains responsive and secure.

Bitget offers a comprehensive suite of futures products designed to meet diverse trading needs. The USDT-M Futures allow users to trade multiple pairs using USDT as the settlement asset, providing a streamlined approach to managing equity, profits, and risks. Coin-M Futures settle in the base cryptocurrency, offering an alternative for those preferring asset-backed trading. USDC-M Futures are also available, catering to traders seeking stability and efficiency with USDC as the settlement currency.

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.

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Victoria, Seychelles, January 13th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company has announced the launch of FLOCKUSDT perpetual futures. This new trading pair offers a maximum leverage of 50x and supports advanced trading functionalities, including futures trading bots. The listing officially went live on January 9, 2025, at 19:30 (UTC+8).

The FLOCKUSDT-M perpetual futures allow users to trade the FLOCK token with USDT as the settlement asset. Key trading parameters include a tick size of 0.0001 and funding fee settlements every eight hours. Trading is available 24/7, providing uninterrupted access for users worldwide.

Bitget remains committed to monitoring market risk conditions and may adjust trading parameters, such as tick size, maximum leverage, and maintenance margin rate, to ensure a secure and efficient trading environment.

In addition to the new listing, Bitget continues to offer a robust suite of futures products:

• USDT-M Futures: Trade multiple pairs using USDT as a unified settlement currency, with shared account equity and streamlined risk management.
• Coin-M Futures: Leverage cryptocurrency for settlement and trading.
• USDC-M Futures: A USD Coin (USDC)-backed futures trading option for enhanced stability.

Futures traders can access these features through the official Bitget website (www.bitget.com) or the Bitget mobile app.

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.

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Victoria, Seychelles, January 13th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company has announced the listing of Treat (TREAT), a utility token developed by the Shiba Inu ecosystem. Trading for the TREAT/USDT pair will begin on January 14, 2025, at 11:00 (UTC). Deposits are already open, and withdrawals will be enabled from January 15, 2025, at 12:00 (UTC).

To celebrate the listing, Bitget is launching an exclusive Launchpool campaign, where users can lock BGB or USDT to share in a total prize pool of 87,450,000 TREAT. The locking period runs from January 14, 2025, at 11:00 (UTC) to January 17, 2025, at 11:00 (UTC). Of the total rewards, 79,500,000 TREAT will be allocated to participants in the BGB campaign pool, while 7,950,000 TREAT is designated for those locking USDT.

About Treat (TREAT)

TREAT is a pioneering “utility meme” token that serves as the final piece in the Shiba Inu decentralized ecosystem. Developed by the creators of SHIB, a top cryptocurrency by market capitalization, TREAT is integral to Shiba DAO governance. It empowers the community to influence key decisions, including partnerships, charitable initiatives, and token burn mechanisms.

Beyond governance, TREAT introduces advanced functionalities such as secure data protection through fully homomorphic encryption (FHE), simplified tools for business creation, and innovative staking and rewards mechanisms for the Shiba Inu network. By bridging Web2 and Web3, TREAT facilitates the integration of decentralized technologies into mainstream applications, enabling mass adoption by individuals, entrepreneurs, businesses, and governments.

The TREAT token operates as an ERC-20 asset, and its contract address is 0xa02C49Da76A085e4E1EE60A6b920dDbC8db599F4. Additional resources, including the official website and social media links, provide further details for interested users.

Special Limited-Time Offer

As part of the listing celebration, Bitget is offering zero-fee purchases of TREAT via credit and debit cards for a limited period. Users can buy TREAT with over 140 supported currencies, including EUR, GBP, AUD, and BRL, among others.

Risk Disclosure

Cryptocurrencies are highly volatile and subject to significant market risk. Investors are encouraged to conduct thorough research and exercise caution when trading. Bitget does not guarantee financial returns and is not liable for any losses incurred.

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.

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Victoria, Seychelles, January 10th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 platform, is excited to announce the launch of isolated spot margin trading for the trading pair SONIC/USDT, further expanding its suite of trading options for users. 

To celebrate the listing of this new trading pair, Bitget is introducing an exclusive perk for users. As part of the promotion, spot leverage cut-rate coupons or trading bonuses will be randomly distributed to users’ accounts. These coupons allow traders to leverage their positions at low or zero interest rates, providing a cost-effective way to engage in margin trading. Trading bonuses, on the other hand, can be used directly within margin trading, giving users additional resources to explore new strategies and opportunities. This initiative not only makes margin trading more affordable but also empowers traders to maximize their potential earnings while minimizing costs.

As one of the leading crypto trading platforms globally, Bitget offers an extensive selection of tokens across spot and derivatives markets, with over 800 assets from ecosystems such as Ethereum, Solana, Base, and TON. The addition of SONIC/USDT in spot margin trading corridor underscores Bitget’s commitment to providing innovative trading solutions and enhancing user accessibility to promising assets like SONIC.

For more details on the isolated spot margin trading for SONIC/USDT, 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 markets, as well as a global partner of the 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 their Terms of Use.

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Victoria, Seychelles, January 10th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 platform, to better comply with the platform’s rules and regulations, as well as local authorities’ requirements, has implemented withdrawal limits for all P2P users. These limits are designed to provide users with clear boundaries for purchasing cryptocurrency with fiat and selling cryptocurrency for fiat on a daily, weekly, and monthly basis.

The withdrawal limits are categorized for both regular users and merchants. Each user is allotted specific buying and selling limits depending on the time period. For daily transactions, the buying limit is set at 3,000,000, with no specified limit for selling. Weekly, the buying limit extends to 30,000,000, and similarly, there is no defined cap for selling. The same limits apply for monthly transactions, allowing users to purchase up to 30,000,000 while selling remains unrestricted.

Merchants on the platform are subject to the same limits as users. Daily buying limits are capped at 3,000,000, while weekly and monthly buying limits reach 30,000,000. Selling limits, however, remain unlimited across all time frames for merchants as well.

The daily limits apply from 0:00 to 24:00 (UTC+8), while weekly limits reset every Monday at 0:00 and run until Sunday at 24:00 (UTC+8). Monthly limits are calculated on a rolling 30-day basis from the beginning of the calendar year. This update ensures compliance with applicable regulations while maintaining a seamless and secure trading environment for all Bitget P2P users.

For more details on P2P Withdrawal Limit, please 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 markets, as well as a global partner of the 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 their Terms of Use.

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Bitget
media@bitget.com

Victoria, Seychelles, January 10th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 platform, to better comply with the platform’s rules and regulations, as well as local authorities’ requirements, has implemented withdrawal limits for all P2P users. These limits are designed to provide users with clear boundaries for purchasing cryptocurrency with fiat and selling cryptocurrency for fiat on a daily, weekly, and monthly basis.

The withdrawal limits are categorized for both regular users and merchants. Each user is allotted specific buying and selling limits depending on the time period. For daily transactions, the buying limit is set at 3,000,000, with no specified limit for selling. Weekly, the buying limit extends to 30,000,000, and similarly, there is no defined cap for selling. The same limits apply for monthly transactions, allowing users to purchase up to 30,000,000 while selling remains unrestricted.

Merchants on the platform are subject to the same limits as users. Daily buying limits are capped at 3,000,000, while weekly and monthly buying limits reach 30,000,000. Selling limits, however, remain unlimited across all time frames for merchants as well.

The daily limits apply from 0:00 to 24:00 (UTC+8), while weekly limits reset every Monday at 0:00 and run until Sunday at 24:00 (UTC+8). Monthly limits are calculated on a rolling 30-day basis from the beginning of the calendar year. This update ensures compliance with applicable regulations while maintaining a seamless and secure trading environment for all Bitget P2P users.

For more details on P2P Withdrawal Limit, please 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 markets, as well as a global partner of the 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 their Terms of Use.

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Victoria, Seychelles, January 9th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 platform, is excited to announce that U2U Network (U2U) will be listed on Bitget PoolX. The locking period for this activity runs from January 9, 2025, at 8:00 (UTC), to January 12, 2025, at 8:00 (UTC), with a total airdrop pool of 12,631,000 U2U available for distribution.

U2U Network is a modular Layer1 blockchain leveraging DAG technology and EVM compatibility to deliver high performance, scalability, and security. Its innovative Subnet technology enables the creation of customizable, independent sub-networks, providing unparalleled scalability and flexibility, particularly for DePIN applications.

As part of the launch, Bitget PoolX is introducing an exclusive opportunity for users to participate in a BTC locking pool to earn U2U airdrops. Participants can lock their BTC during the promotion to receive U2U airdrops. The allocation is calculated based on the user’s locked BTC relative to the total locked BTC of all eligible participants. The maximum BTC locking limit for this activity is 1 BTC, while the minimum is 0.0001 BTC.

Bitget’s PoolX offers a unique opportunity for users to stake specific tokens and participate in the growing ecosystem by earning more tokens through the airdrop initiative. The listing of U2U to PoolX aligns with Bitget’s commitment to providing users with access to standout projects that resonate with market trends and evolving community interests.

For more details on the PoolX promotion, please 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 markets, as well as a global partner of the 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 their Terms of Use.

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Victoria, Seychelles, January 9th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant adjustment to the pricing denomination of USDC-M perpetual futures. Effective 15 January 2025 (UTC+8), the calculation of the index price for these futures will transition from being denominated in USD to USDC, providing a more consistent trading experience for users.

This adjustment will impact multiple pricing elements, including the index price, mark price, and order book prices, aligning all calculations directly with USDC. The change reflects Bitget’s commitment to streamlining operations and enhancing the usability of its USDC-M perpetual futures product.

Key Adjustments

Following the update, all pricing metrics associated with USDC-M perpetual futures, including the entry price, liquidation price, and unrealized profit and loss (PnL), will be denominated in USDC. Initial and maintenance margins, which were previously calculated in USD and converted to USDC, will also be directly calculated in USDC moving forward.

This transition will standardize calculations, reducing complexities for traders and aligning all pricing-related processes under a single denomination.

Impact on Trading

• Pricing and PnL Calculations: With the change to USDC denomination, unrealized PnL will be recalculated based on the new mark price. This adjustment ensures consistency across all trading metrics.
• Margins: Both initial and maintenance margins will continue to be calculated in USDC, providing a smoother margin management process.
• Settlement Process: All settlement mechanisms will remain unchanged, except for adjustments to unrealized PnL calculations.

Bitget has implemented these changes with minimal disruption to trading activities, ensuring continuity and a seamless experience for users.

To fully leverage the updated features, users are advised to update their Bitget app to the latest version. iOS users should install version 2.49.0, while Android users should update to the same version. Before the update, app displays may still reference USD pricing, though this will not affect trade settlements.

Bitget encourages all users to ensure their apps are up to date to avoid any potential discrepancies and to enjoy the benefits of the new pricing structure.

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 markets, as well as a global partner of the 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.

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Victoria, Seychelles, January 9th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company, has launched a new feature on its P2P trading platform, enabling merchants to post ads that require additional buyer verification. This feature aims to create a safer trading environment by offering an extra layer of protection for both merchants and users.

Available exclusively to whitelisted merchants, the “Verification Ad” option allows sellers to request identity verification or proof of funds from buyers before proceeding with transactions. The feature reflects a growing industry trend toward enhanced transparency and trust in peer-to-peer trading.

Enhanced Protection for Sellers

The “Verification Ad” functionality provides sellers with greater control by allowing them to verify buyer credentials or fund sources before accepting payments. Merchants can request specific documents, such as a government-issued photo ID, selfie verification, bank statements, or proof of address, depending on the requirements of the transaction.

Buyers who fail to provide the requested verification materials can have their orders rejected without impacting the seller’s completion rate. Payment details are withheld until the seller is satisfied with the buyer’s documentation, minimizing risks associated with fraudulent or incomplete transactions.

How the Feature Works

Sellers can activate the “Verification Ad” feature when posting a Sell ad. They specify the verification materials required from buyers and outline the terms clearly in the ad details. Buyers, upon selecting a verification ad, are prompted to upload the requested materials through the P2P chatbox for seller review.

If the seller approves the documents, the transaction proceeds as usual. Payment is made by the buyer and confirmed by the seller before tokens are released. In cases where the seller rejects the documentation, the buyer can return to the marketplace to select another trade counterparty.

A Safer and More Transparent Marketplace

Bitget’s introduction of the “Verification Ad” feature underscores its commitment to ensuring secure and efficient P2P transactions. By enabling merchants to verify buyer credentials and maintain control over their trades, the platform continues to enhance user trust and foster a safer trading environment.

This feature is currently available to whitelisted merchants, with potential expansion to a broader audience in the future. For more details on the “Verification Ad” feature, users can consult the comprehensive tutorial 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 markets, as well as a global partner of the 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.

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