Bitget Wallet Launches 1M BGB Staking Pool
- Users can now stake BGB with a 5% APY
- Staking pool announced on March 12, 2025
- 90-day lock-up period with a maximum stake of 2,000 BGB per user
Bitget Wallet has introduced a new opportunity for its users by launching a 1 million BGB staking pool. This staking pool offers a fixed 5% APY, allowing users to earn passive income securely while maintaining control over their assets.
Staking Program Details
The staking program, accessible through the finance section of the Bitget Wallet app, features:
- 90-day lock-up period
- Maximum stake per user capped at 2,000 BGB
- Real-time earnings updates and first-come, first-served allocation
Expanding BGB’s Utility
Staking BGB goes beyond just financial gains. Users can utilize BGB for decentralized trading, payments, and covering gas fees across various blockchains. This integration eliminates the need to manage separate gas tokens and enhances BGB’s role within Bitget Wallet’s ecosystem.
Partnership with Buhayin for Financial Inclusion
Bitget Wallet has teamed up with Buhayin, a Philippines-based advocacy agency, to drive financial and digital inclusion in Siargao. The partnership aims to introduce blockchain-based financial tools and digital literacy programs to local businesses and residents, starting with Buhayin’s Kapit-Isla Siargao fiesta from March 12 to 16, 2025.
Introduction of PayFi Payment System
One of the highlights of the partnership is the launch of PayFi, a payment system that allows Siargao merchants to accept stablecoins and digital assets instantly. This system caters to tourists, digital nomads, and crypto enthusiasts, fostering economic resilience and bridging economic gaps.
Intae Song Returns as Bitget’s CSO
Intae Song has been appointed as Bitget’s Chief Sales Officer (CSO) to enhance the exchange’s futures trading capabilities. With Song’s extensive experience in the crypto space and past contributions to Bitget, the company aims to solidify its position in the futures market and continue its growth trajectory.
As Bitget Wallet expands its staking offerings, strengthens partnerships, and appoints key personnel like Intae Song, it establishes itself as a leader in crypto trading and Web3 accessibility.