“Trade to Mine” Offer by Bitget: Traders Earn Back 100% in Trading Fees

The prominent crypto exchange and Web3 innovator Bitget has launched a pioneering scheme named “Trade to Mine.” This initiative is designed to recompense users trading the BTC/USDT and ETH/USDT pairs in the spot market with the exchange’s proprietary BGB tokens.

The “Trade to Mine” initiative commences on April 28th and will extend until May 20th, 2024. Bitget commits to disbursing a fixed share of the daily fees incurred from BTC/USDT and ETH/USDT transactions among the campaign’s contributors in BGB tokens. This pledge ensures an equitable allocation that mirrors the collective trading fees from these pairs.

In an effort to stimulate fresh user engagement, the campaign will not cover API transactions, sub-account dealings, institutional accounts, or market maker transactions. The rewards, calculated from the preceding day’s trading data, will be published nightly at 8:30 pm UTC.

Partakers in the “Trade to Mine” scheme can reap a maximum of 500 BGB each day. Any awards not claimed during the promotion will be automatically credited to the participants’ spot accounts within a three-day window post the promotion’s end date.

This plan is part of Bitget’s broader strategy aimed at enriching its user base. The exchange previously enacted zero-fee trades for BTC and ETH during pivotal occasions, such as the Bitcoin halving and Ethereum’s Dencun upgrade. These measures underscore Bitget’s commitment to rendering cryptocurrency trading more approachable and alluring to a diverse range of traders.

Interested individuals looking to delve into the “Trade to Mine” promotion can seek further details by visiting Bitget’s event page.