Tag: Staking

• Bitget Wallet has launched a 1m bgb staking pool with 5% APy.
• INTAE SANG has returned as CSO to boost Bitget’s futures trade.
• The association with Buhayin brings Payfi and inclusion to Siargao.

Bitget Wallet, a prominent cryptocurrency wallet, has revealed an exciting opportunity for its users with the launch of a 1 million BGB staking fund, which offers a fixed permanent percentage performance (APY) of 5%.

This new initiative, announced on March 12, 2025, expands the usefulness of the Bitget Token (BGB) within its Ochain ecosystem, allowing users to obtain passive income safely while retaining total control over their assets.

Accessible through the Finance Section of the Bitget Wallet application, the Staking Program presents a 90 -day blocking period and limits individual participations to 2000 BGB. It also presents real -time earnings updates and an assignment in order of arrival. The Staking fund improves the role of BGB beyond a simple financial instrument, integrating it more deeply into the bitget wallet offers.

Users can take advantage of BGB for decentralized trade, payments and even to cover gas rates in multiple block chains, which eliminates the discomfort of managing gas tokens separately. Staking also opens the doors for rewards and projects of projects, while VIP holders obtain exclusive benefits within the PayFI expanding ecosystem, combining decentralized finances (defi) with the expense of the real world.

Alvin Kan, director of Operations at Bitget Wallet, emphasized the company’s commitment to expand the cases of use of BGB, stating:

“Our goal is to make decentralized finances more accessible and rewarding for all users.”

With more than 60 million users and support for more than 100 block chains, Bitget Wallet continues to consolidate its position as a web power. Adding to your impulse, Bitget Wallet has associated with Buhayin a defense agency based in the Philippines, to boost financial and digital inclusion in Siargao.

This collaboration, which began during the Kapit-Isla Siargao de Buhayin party, from March 12 to 16, 2025, introduced blockchain-based financial tools and digital literacy programs to local businesses and residents.

A prominent point of collaboration is the launch of Payfi, a payment system that allows Siargao merchants to accept stable and digital active coins instantly, attending to tourists, digital nomads and enthusiasts of cryptocurrencies.

Justin Wee, founder of Buhayin, highlighted the objective of the initiative to promote economic resilience, while Kan highlighted Blockchain’s potential to reduce economic gaps. Plans are already being carried out to expand this model to Dumaguete in July, which represents a broader vision for unattended island communities.

Bitget appointed INTAE Song as its Sales Director (CSO)

At the same time, Bitget has appointed Intae Song as its sales director (CSO) to strengthen their domain in the trading of futures.

Song, veteran of the cryptocurrency sector since 2017, was rejoined to the company in this position after working as a sales director from 2020 to 2023 and later as a commercial partner.

His return is aligned with Bitget’s ambition to improve institutional level trading solutions and risk management tools, especially in the futures market, a key pillar of the platform growth.

The CEO, Gracy Chen, praised the previous contributions of Song, highlighting its fundamental role in the growth of the platform, which now has more than 100 million users in more than 150 countries.

Song himself expressed his confidence in the development of the offer of Bitget’s futures, with the aim of consolidating his leadership in this competitive sector.

Bitget multifaceted growth, from staking innovations and strategic hiring to global alliances and sports sponsorships such as its agreement with LaLiga, presents the panorama of a booming company.

With Song, directing its trades, the Siargao initiative expanding its scope and the new participation group promoting the BGB attractiveness, Bitget is positioning itself as a leader in both cryptocurrency trade and in the Web3 accessibility.