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Bitget Launches Exclusive Campaign for FTX Creditors with up to $2,500 in Incentives

Bitget Launches Exclusive Campaign for FTX Creditors with up to $2,500 in Incentives

Globe and Mail19-02-2025

VICTORIA, Seychelles, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has announced an exclusive promotion for FTX creditors effective from February 17th to March 4th. Following the recent events surrounding FTX, Bitget recognizes the challenges faced by creditors and is committed to supporting the community. This special promotion is designed to offer attractive incentives, boost market sentiment, and reignite trust in the crypto space.
To join the campaign, users must first sign up for a Bitget account using the same email address as the one used on FTX. This step is crucial in order to confirm their identity as an FTX creditor. Once the identity verification is completed, users may submit their FTX creditor information and deposit funds to their Bitget account to receive up to $2,500. The net deposit amount is calculated based on all deposits and withdrawals made during the promotion. As long as users submit creditor information before the promotion ends, all net deposits made before approval will still be counted. About 80% of the incentives will be distributed as USDT futures trading bonuses, while the remaining 20% will be distributed in BGB.
Bitget prioritizes a secure trading environment, operating with competence, transparency, and a commitment to continuous compliance with evolving global cryptocurrency regulations.
Strong from its strategic initiatives and constant innovation, the platform now counts over 100 million users and has a daily trading volume exceeding $20 billion. Recently, Forbes listed Bitget as one of the top most trusted crypto exchanges worldwide. In 2024, Bitget expanded its user base by 400%, from 20M in January to 100M in December. Spot trading surged from $160B in Q1 to $600B in Q4; daily volumes doubled to $20B. The high-paced updates and top performance amongst CEXs has pushed Bitget amongst the top #3 exchanges in derivates trading while strengthening its positioning amongst the top #5 on Spot.
The firm provides over 100% asset protection, backed by transparent Proof of Reserves and the industry's second largest insurance fund of $600 million. Bitget has a strong foothold globally, which it plans to strengthen by providing world-class products and a trustworthy ecosystem.
More information about the event can be found here.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 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 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.

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SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Adopts Bitcoin Treasury Strategy
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SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Adopts Bitcoin Treasury Strategy

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SolarBank Announces Bitcoin Treasury Strategy
SolarBank Announces Bitcoin Treasury Strategy

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time9 hours ago

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SolarBank Announces Bitcoin Treasury Strategy

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In particular and without limitation, this news release ‎contains forward-looking statements pertaining to the Company's expectations regarding its industry trends and overall market growth; the Company's intention with respect to its Bitcoin treasury strategy, and the size of the Company's development pipeline. No assurance ‎can be given that these expectations will prove to be correct and such forward-looking ‎statements included in this news release should not be unduly relied upon. These ‎statements speak only as of the date of this news release.‎ Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. 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Is MicroStrategy (Strategy) Still the Best Bitcoin Proxy Stock You Can Buy?
Is MicroStrategy (Strategy) Still the Best Bitcoin Proxy Stock You Can Buy?

Globe and Mail

time11 hours ago

  • Globe and Mail

Is MicroStrategy (Strategy) Still the Best Bitcoin Proxy Stock You Can Buy?

During the past five years, MicroStrategy (NASDAQ: MSTR) stock is up almost 2,900%. No other company even comes close. Nvidia, for example, is up a little more than 1,400% during that same time period. What's particularly remarkable about the performance of MicroStrategy, which is now doing business as Strategy, is that it is based almost entirely on its relentless accumulation of Bitcoin (CRYPTO: BTC). The more Bitcoin Strategy buys, the higher its stock price goes. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » As a result, a number of companies are now jumping into the fray, attempting to become "the next Strategy" by embarking on Bitcoin buying campaigns. But do they even have a chance? The rise of the Bitcoin treasury company Strategy now holds 580,250 Bitcoins, making it by far the largest corporate holder of Bitcoin in the world. 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They have to start buying Bitcoin at a hefty price of more than $100,000, and that requires a huge war chest. Strategy started its Bitcoin acquisition buying five years ago, when the price was much lower. That said, there's one potential rival that's generating a lot of buzz these days, and that's Twenty One Capital. Most likely, you've never heard of the company, and for good reason. It only opened at the end of April, so it's only been around for a month. In that brief time span, Twenty One Capital has managed to acquire 31,500 Bitcoins, making it the third-largest corporate holder of Bitcoin in the world. It has gone from zero to $500 million in 30 days. You might be scratching your head here. If a single Bitcoin costs upward of $100,000, how did this company manage to snatch up 31,500 of these expensive coins in such a short period of time? The answer is simple: It has some friends with deep pockets. Twenty One Capital launched with the support of Tether, the world's largest stablecoin, and SoftBank, the Japanese tech behemoth. It planning to go public with the help of Wall Street firm Cantor Fitzgerald, which had a SPAC (special purpose acquisition company) just waiting to be put to work. There are more Bitcoin treasury companies on the way. For example, former presidential candidate Vivek Ramaswamy recently said he plans to convert one of his companies into a Bitcoin treasury company. Every day, it seems, there's a new company that's ditching its previous business model and going all in on becoming a Bitcoin treasury company. What could possibly go wrong? The Bitcoin treasury company playbook seems easy to follow: Buy Bitcoin, see your stock price soar. As long as the price of Bitcoin continues to go up, this could be a very profitable strategy. Things get dicier, however, if the price of Bitcoin ever falls. 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You really can't argue with a company that is outperforming every single Magnificent Seven stock, and even Bitcoin itself. But, with the arrival of so many new Bitcoin treasury company copycats, it remains to be seen how much longer Strategy can remain the market leader. Should you invest $1,000 in Strategy right now? Before you buy stock in Strategy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Strategy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. 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