PANews reported on December 9 that Bitget launched the BGBTC (Bitget Wrapped Bitcoin) product. This product combines automated intelligence with multiple income models to provide users with a simple and efficient way to increase their BTC holdings. Users will receive BGBTC tokens after staking BTC. Users who participate in the subscription during the Pre-Launch period will receive an annualized return of 2% and double BGPoints rewards. BGPoints are an important certificate for users to enjoy multiple benefits, and will receive airdrops from the Bitcoin Ecology (BTCFi) project in the future. The Pre-Launch event time is from 15:00 on December 9 to 15:00 PM on January 8 (UTC+8).

In addition, in order to ensure the safety of assets, Bitget and Cobo jointly provide double insurance. The user's BTC assets will be managed by the MPC wallet, and each transaction will be ensured by multiple signatures to prevent any party from unilaterally changing the transaction content.