logo
Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders

Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders

Globe and Mail24-04-2025

VICTORIA, Seychelles, April 24, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic update aligns with Bitget's commitment in 2025 to serving institutional investors, improving liquidity depth, and trading efficiency across its platform.
The upgraded program introduces a tiered system with market-leading fee incentives, including maker rebates of up to -0.012% on spot and -0.005% on futures, and taker fees starting as low as 0.02% and 0.025%, respectively. For the first time, maker rebates will apply to major perpetual contract trading pairs such as BTCUSDT and ETHUSDT, significantly enhancing rewards for liquidity providers and high-frequency trading firms. Around 130 futures pairs now enjoy Bitget's top-tier fee rates, with more to be added in the following months after regular liquidity review.
To further accelerate onboarding, new liquidity providers can submit historical trading records to receive a tier upgrade, granting access to better fee rates and higher API rate limits from the start.
"In 2025, one of our top strategic priorities is the expansion of Bitget's institutional ecosystem. By upgrading our liquidity incentives, we aim to create a more attractive and sustainable environment for market makers and professional traders. Strong institutional participation not only drives market depth but also contributes to the mass adoption of cryptocurrencies," said Gracy Chen, CEO of Bitget.
This announcement follows Bitget's recent upgrade of its institutional lending services, which now support over 50 collateral assets with flexible loan terms of up to 12 months — providing institutions with scalable and efficient access to capital. In parallel, Bitget also launched invite-only live trading for its Unified Account, enabling professional traders to manage spot, margin, and futures positions under one simplified interface. Together, these enhancements form a critical part of Bitget's broader institutional strategy, aimed at delivering a seamless, high-performance infrastructure that meets the evolving needs of sophisticated trading firms.
For more details on the updated program, visit: Liquidity Incentive Program
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 markets, 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. For further information, please refer to our Terms of Use.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bitcoin Hedge Theory Meets a Harsh Boardroom Reality
Bitcoin Hedge Theory Meets a Harsh Boardroom Reality

Globe and Mail

time3 hours ago

  • Globe and Mail

Bitcoin Hedge Theory Meets a Harsh Boardroom Reality

The Bitcoin (CRYPTO: BTC) whitepaper compared the cryptocurrency to physical gold in 2008. 17 years later, the cryptocurrency seems ready to take on a more gold-like role in the global economy. But it's not all good news. A couple of tech giants have recently demonstrated that the traditional business world still lags behind in embracing Bitcoin as a long-term general asset. Here's what crypto investors need to know about this development. How Bitcoin earned its Wall Street stripes The Bitcoin platform has earned some Street cred in recent years. Large-scale investors have access to exchange-traded funds (ETFs) based on spot Bitcoin prices. These spot Bitcoin funds have nearly $121 billion of digital assets under management in June 2025. Some of the most significant buys of these ETFs come from old-school financial giants such as Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS). Massive companies like Tesla (NASDAQ: TSLA) and Block (NYSE: XYZ) have converted hundreds of millions of dollars into Bitcoin. Running even further ahead of the crypto trend, Strategy (NASDAQ: MSTR) is more of a Bitcoin investment vehicle than a software developer nowadays. The company formerly known as Microstrategy has built a $61.7 billion Bitcoin portfolio with mostly borrowed money and shareholder funds. The Trump administration included crypto support in its campaign messages, and is indeed taking some industry-friendly steps already. There is now an official Strategic Bitcoin Reserve and a smaller Digital Asset Stockpile for other cryptocurrencies. Also, this iteration of the Securities and Exchange Commission looks ready to approve crypto-investing policies that the previous group kept kicking down the road. These political twists have to be good news for Bitcoin owners. Bitcoin-based investments used to be pure high-risk ideas, with sky-high beta values indicating massive volatility. That's no longer the case. Last year's ETF introductions and Bitcoin halving event threw some cold water on the cryptocurrency's volatility. Recently, Bitcoin ETFs have explored negative beta values, suggesting that this asset often moves in the opposite direction of the American stock market. That's taking the hedging thesis to a new extreme. Low beta values signify below-average price swings, while negative ones belong to investments that often move in direct opposition to the stock market. Long story short, there are many reasons to treat Bitcoin as an effective market hedge nowadays. The largest and oldest cryptocurrency can counterbalance many quirks in the American and global economy. Tech giants face the crypto conversation Inspired by these newfound stability qualities, activist investors have been asking some of the world's largest tech titans to buy some Bitcoin. Actually, not even that -- two different groups asked Microsoft (NASDAQ: MSFT) and Meta Platforms (NASDAQ: META) to just look into the idea. The proxy statements for both companies' annual shareholder meetings asked the board of directors to simply assess whether some Bitcoin exposure would be good for shareholders. As usual, Meta and Microsoft opposed these proposals. Microsoft's board recommended shareholders to vote against the measure, since the company already considers every cash management option -- including Bitcoin. Meta's board offered the same recommendation, citing its own comprehensive review of every reasonable idea. "While we are not opining on the merits of cryptocurrency investments compared to other assets, we believe the requested assessment is unnecessary given our existing processes to manage our corporate treasury," the recommendation ended. The votes are in -- and they're brutal Putting these Bitcoin proposals on the proxy statements didn't exactly change the game. The policy assessment requests got almost no support from shareholders. Microsoft's vote results were published in December 2024. Every shareholder proposal fell short of approval. The top performers got more than 30% approval ratings, but the Bitcoin topic fell between the cracks with just 0.55% "yea" votes. It was Meta's turn to vote on this stuff last Wednesday. A few proposals got the thumbs-up vote from at least 20% of shareholders, but the Bitcoin assessment was barely there. Approval rating: 0.08%. I mean, that's barely a shadow of a forgotten thought experiment. Reading between the voting lines At first glance, the overwhelming downvotes look like a total condemnation of Bitcoin as a hedging instrument. Fractions of a single percent simply don't show any real support for that idea. Take your Bitcoin and go home, dear activist investors. But there's more nuance to this situation. The negative company board recommendations came with careful language explaining that they're already thinking about this stuff anyway. Therefore, some investors may simply be satisfied with the ordinary review of financial management options -- if Bitcoin ever becomes a no-brainer wealth management holding, the strategic committees of the world's largest tech giants will surely figure it out and take action. At the same time, there's some truth to the anti-Bitcoin sentiment seen in these lopsided votes. The vast majority of Microsoft and Meta Platforms shares are held by institutional investors, led by ETF managers and retirement fund portfolios. Getting the first hint of Bitcoin investment support from those groups should drive Bitcoin prices dramatically higher in a hurry -- but the mega-investors aren't ready to make that commitment yet. All in all, I find the lack of investor support surprising but the proposals may have served a worthwhile purpose anyhow. Just asking people to think about Bitcoin as a long-term investment could have positive long-term effects. In this early stage, lots of investors just haven't taken Bitcoin seriously yet. If each vote proposal got just one more financial heavyweight to start thinking in those terms, I'd say it was worth the mountains of proxy-filing paperwork. Should you invest $1,000 in Bitcoin right now? Before you buy stock in Bitcoin, 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 Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor 's total average return is994% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. *Stock Advisor returns as of June 2, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Anders Bylund has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Block, Goldman Sachs Group, Meta Platforms, Microsoft, and Tesla. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

Tether Just Made Twenty One Capital a Bitcoin Powerhouse
Tether Just Made Twenty One Capital a Bitcoin Powerhouse

Globe and Mail

time3 hours ago

  • Globe and Mail

Tether Just Made Twenty One Capital a Bitcoin Powerhouse

$3.9 billion worth of Bitcoin didn't just disappear into cold storage. It went straight into Jack Mallers' hands — or more precisely, his new venture, Twenty One Capital. In just a few days, the platform has gone from under-the-radar to the third-largest corporate holder of Bitcoin globally, now trailing only Strategy (MSTR) and MARA Holdings (MARA). Confident Investing Starts Here: Tether, alongside its sister firm Bitfinex, moved 37,229 BTC across several tracked transactions. Tether's CEO Paolo Ardoino confirmed the activity in real-time, documenting the flow on-chain. Some of the Bitcoin was designated for SoftBank's investment in the venture; the rest supported convertible equity agreements. This wasn't just about stacking sats — it was about cementing a new financial architecture with Bitcoin as the foundation. Build the Future on Bitcoin Rails Twenty One Capital, helmed by Strike founder Mallers, isn't trying to be just another crypto company. It's aiming to rebuild capital markets infrastructure entirely on Bitcoin rails. Lending, custody, asset issuance — all native to Bitcoin. That's the pitch. And now, with $3.9 billion backing it and a planned SPAC merger with Cantor Fitzgerald's Cantor Equity Partners, the runway is wide open. The company is already valued at $3.6 billion before a single product goes mainstream. Back Bitcoin as Infrastructure, Not Just an Asset What makes this move more than just another institutional play is its intent: Tether and Bitfinex aren't simply investing in Bitcoin as an asset — they're backing a future where Bitcoin becomes the infrastructure for financial markets. This shift away from proof-of-stake chains and hybrid models toward pure Bitcoin rails could show that major crypto players are starting to move their money away from speculative tokens and into building real financial systems directly on Bitcoin. While Strategy's Michael Saylor stands firm against on-chain proof-of-reserves, citing security risks, Mallers and company are moving billions in full view. Transparency isn't optional — it's the foundation. Bitcoin Isn't Just a Store of Value The implications ripple far wider than a single firm's wallet size. With these transactions, Twenty One Capital is positioning itself as the institutional layer Bitcoin has long lacked. It's a rebuttal to the notion that serious financial infrastructure can't be built on Bitcoin. And it's a declaration that Bitcoin isn't just a store of value — it's the backbone of the next financial system. This also sets up a showdown of philosophies. While some players hoard BTC and keep their moves private, Mallers is building a fortress in the open. The capital is public. The intent is aggressive. And the message is clear: Bitcoin doesn't need Wall Street's blessing. It needs builders who speak its language. At the time of writing, Bitcoin is sitting at $106,649.65.

Belgravia Hartford Closes First Tranche of USD $5 Million Credit Facility From Round13 Digital Asset Fund LP to Purchase and Build Bitcoin Treasury Holdings (₿)
Belgravia Hartford Closes First Tranche of USD $5 Million Credit Facility From Round13 Digital Asset Fund LP to Purchase and Build Bitcoin Treasury Holdings (₿)

National Post

time5 hours ago

  • National Post

Belgravia Hartford Closes First Tranche of USD $5 Million Credit Facility From Round13 Digital Asset Fund LP to Purchase and Build Bitcoin Treasury Holdings (₿)

Article content TORONTO — BELGRAVIA HARTFORD CAPITAL INC. (CSE:BLGV)(OTC:BLGVF)(FRA:ECA) (' Company ' or ' Belgravia ') is pleased to announce it has closed the first tranche of USD $500,000 the Bitcoin treasury strategy financing as previously announced on May 28, 2025. The interest will be calculated at the Bank of Canada prime rate as of June 4, 2025. Article content This initial allocation marks the first tranche of Belgravia's broader strategy to build long-term exposure to Bitcoin, supported by its recently announced USD $5 million credit facility from Round13 Digital Asset Fund. Article content Article content Mehdi Azodi, CEO of Belgravia Hartford, stated: 'This capital injection enables Belgravia to hold Bitcoin and join a growing group of forward-thinking investors. Our partnership with Round13 and strategic exposure to Bitcoin provide us with the foundation to build a meaningful digital asset base—both in the short term and over time.' Article content The execution of this trades and future trades will be conducted via Coinsquare's regulated OTC trading desk, providing Belgravia with deep liquidity access, discreet settlement, and competitive execution—hallmarks of the platform's institutional-grade infrastructure. Article content This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ' 1933 Act '), or any state securities laws and may not be offered or sold in the 'United States' or to 'U.S. persons' (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available. Article content About Belgravia Hartford Article content Belgravia Hartford Capital Inc. is an investment issuer, listed for trading on the Canadian Securities Exchange, focused on the tech and finance sectors of the worldwide economy. The Company's focus, as set out in its 2018 Investment Policy, specifies cryptocurrencies, artificial intelligence, media and digital streaming opportunities. Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multi-sector investment approach with emphasis in the resources and commodities sector. Belgravia and its investments are considered high risk holdings and it may expose shareholders to significant volatility and losses. Article content For more information, please visit and Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release. Article content Forward-Looking Statements Article content Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as 'may', 'will', 'expect', 'anticipate', 'believe', 'continue', 'potential' or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding the structure of the Investment, anticipated risk mitigation strategies, Dr. Cook's planned appearance on TraderTV, and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Article content Article content Article content Article content

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store