Sat, April 27, 2024 at 12:32
Hey Annie!
Guess what?
Bitget, the world's leading cryptocurrency exchange, just announced a new campaign called 'Trade to Mine'!
It's like a rewards program for traders.๐
Oh really?
That sounds interesting!๐ฎ What's this 'Trade to Mine' thing about?
Well, it's pretty cool.
When you trade BTC/USDT and ETH/USDT in the spot market, you get rewarded with Bitget Tokens (BGB).
The daily transaction fees generated by these two pairs will be given back to traders in BGB tokens!
And guess what?
It starts tomorrow and ends on May 20th, 2024.๐
Wow, that's quite a promotion!
But how are the rewards distributed?๐ค
Good question!
The rewards are based on the volume of spot transactions in BTC/USDT and ETH/USDT pairs completed the previous day.
But here's the catch - API transactions, sub-accounts, institutional users, and market maker accounts are excluded from this program.๐
I see...
So it's more beneficial for individual traders rather than institutions or market makers.
And how much can one earn from this?๐ง
Each participant can potentially earn up to a maximum of 500 BGB per day!
And if you don't claim your rewards by the end of the event, they'll be automatically distributed to your spot account within three days.๐
That's quite generous of Bitget!
But this isn't their first time doing something like this, right?๐
You're absolutely right!
In response to the recent all-time highs of Bitcoin and Ethereum, Bitget introduced zero fees on BTC and ETH transactions.
They're all about making crypto trading more accessible and affordable for their users.๐
That's impressive!
So, Joy, do you think this news is a good thing or a bad thing?
And what impact will it have on the market?๐ค
I think it's definitely a good thing, Annie!
This campaign will likely attract more traders to Bitget, increasing the platform's trading volume.
Plus, it'll make crypto trading more appealing to newbies by lowering the cost barrier.
So, I'd say it's a win-win for everyone involved!๐
To sum up, this article is considered a ๐Bullish for investors!!