The Nation Newspaper

Tag: Bitget

  • Firm’s stock futures volume crosses $1 billion mark

    Firm’s stock futures volume crosses $1 billion mark

    Bitget, the world’s largest Universal Exchange (UEX),  announces trading in its US stock-linked futures has passed $300 million  in cumulative volume on the platform, doubling in just two weeks globally. The milestone points to fast adoption of stock-style exposure inside a crypto app by  users who already fund accounts in USDT and switch between crypto and stock-linked markets on mobile. 

    “Crossing the $1 billion mark in such a short time shows how fast traders are embracing stock futures as part of a unified digital trading experience, it’s a signal that the line between traditional markets and digital assets is disappearing, and our Universal Exchange model is where that convergence is happening first. What happened include: Bitget launched USDT-margined perpetual futures on 25 US stocks for example , Apple, Amazon, Meta, Microsoft and later added contracts like NFLXUSDT, JDUSDT and QQQUSDT. The product targets traders who want stocks exposure but prefer a 24/7 crypto interface.” said Gracy Chen, CEO of Bitget.

    “The exchange frames the growth as part of a broader “Universal Exchange (UEX)” model that hosts crypto, tokenized/stock-linked products, and on-chain markets in one place. This is necessary because many traders, including those in the African region, have already moved from local fiat to USDT using marketplace sellers on P2P – bank transfer or popular wallets, where supported. Stock-linked futures let them express a view on familiar tickers like Apple (AAPL), Nvidia (NVDA), Tesla (TSLA) without leaving the same app they use for BTC/ETH/SOL. In short: one interface, multiple markets, no brokers, no spreads, just one app. What these products are and are not.

    “Perpetual “stock futures” on Bitget are derivatives margined in USDT that track selected US equities. They don’t give you company shares or dividends; they mirror price moves so you can go long/short with defined margin and fees. Bitget cites fees “at or below 0.0065%,” and leverage up to 25 times, trading is 24/7 on the crypto venue. That’s different from the US stock market timetable and is one reason some users prefer the format. The African angle, Users typically fund in local fiat using Bitget P2P, convert to USDT, and trade; when closing positions, they can convert their USDT back to local fiat through P2P sellers that support bank transfer or local wallets.

    “Trading happened side-by-side with crypto pairs (Bitcoin, Ethereum, Solana, Doge), many watch US tech names that trend on finance Twitter and local forums. Bitget’s note links recent activity to the AI-driven equities rally and strong US earnings season. And this is popular because a single app view for crypto + stock-linked exposure reduces app-hopping and lets users reuse their USDT balance across strategies. Bitget pitches this as the UEX idea: centralized, decentralized, and tokenized markets under one roof, example, If you think NVIDIA will keep rising on AI demand, you can open an NVDA-linked perpetual long with USDT margin; if you’re right, profits come from your margin, not from owning the stock. If you think Apple may pull back after earnings, you can short the AAPL-linked contract. It’s a price view tool, not share ownership.

    “Risks to note include: Leverage cuts both ways: 25x magnifies potential gains and losses, derivatives are Not shares: You don’t get voting rights or dividends, market structure: 24/7 trading may gap versus the underlying when the US market is closed, generally, prices are volatile; only trade what you can afford to lose. Bitget’s risk notice reiterates volatility and the need for independent advice.” She explained.  

  • Firm to provide traders with AI assistant

    Firm to provide traders with AI assistant

    By By Aishat Ahmed

    Bitget, world’s Universal Exchange (UEX), has introduced GetAgent, a next-generation AI-powered trading assistant to make every trade smarter. GetAgent doesn’t just analyse charts, it thinks, learns, and acts. It brings together futures trading, wealth management products, and adaptive trading bots into a single chat interface.

    For the first time, Nigerian traders can talk to an AI that executes strategies, manages risk, and optimises portfolios in real time. According to crypto new, GetAgent is one of the best AI-powered tool offered among exchanges. No coding, no dashboards, no confusion, just one conversation that leads to faster, sharper decisions.

    Chief Executive Officer, Gracy Chen, said: “This is a Game-Changer for Nigeria, GetAgent uses real-time data to identify setups, calculate entries, and manage open positions, the kind of precision once reserved for institutional desks. The AI monitors markets everyday and adjusts strategies automatically, helping traders protect profits and limit losses.

    “From futures to savings and trading bots, all tools live in one intuitive interface. The more you trade, the better GetAgent understands your behaviour and style, creating a personalised edge unique to each user. Nigerian traders are among the fastest learners in global finance. Now, with GetAgent, they can blend their instinct with AI precision, reading volatility like pros, executing strategies instantly, and managing positions without missing a beat.

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    “Bitget’s Universal Exchange vision merges crypto, tokenized assets, and AI automation under one platform. For Nigeria, a country leading Africa in crypto adoption — this upgrade represents the next evolution: a trading experience where human intuition meets machine intelligence.

    “GetAgent is probably the best AI in crypto. It is not about chasing hype, it’s about rethinking how traders interact with markets, Futures, savings, and trading bots used to sit in different silos, reserved for those who could make sense out of complex information. Now, they are unified in one AI-driven experience, available to everyone. The traders who thrive tomorrow will be the ones that can make sense of complexity quickly and GetAgent is built to give them that edge.

    “Your Edge Starts Here

    Whether you’re scalping Bitcoin, managing long-term positions, or exploring passive income through Bitget Earn, GetAgent helps you trade with the discipline and insight of a professional analyst, right inside the app. With AI handling heavy lifting, every trader can now focus on what matters most: timing, opportunity, and precision. You can try out GetAgent by creating your bitget account” she said

  • Firm to transfer 440 million BGB to foundation

    Firm to transfer 440 million BGB to foundation

    Bitget, the leading cryptocurrency exchange and Web3 Company, is excited to share its strategic collaboration with its trusted ecosystem project Morph, the EVM layer for payments and onchain consumer finance. The duo has signed up to boost BGB’s utility across a multitude of projects.

    With this partnership, Bitget will transfer all BGB tokens that it controls 440 million in total, to the Morph Foundation. Half of this allocation, 220 million BGB, will be burned in a single action, while the remaining 220 million BGB tokens will be locked and released at 2% per month to fund liquidity incentives, use case expansion, and education. Morph will become the native on-chain home of BGB and serve as the core settlement layer for more than 120 million users worldwide, with BGB established as the gas and governance token of an improved high-performance network.

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    Building the Standard for Onchain Payments, the Morph chain will maintain its brand, team, and strategic direction, staying focused on its positioning as a Layer 2 dedicated to crypto payments, and striving to become the next-generation Web3 payment infrastructure, advancing beyond cost efficiency and performance toward real-world consumer finance at scale, with integrations across wallets, DeFi, stablecoins, and global payment providers.

    “With this commitment to the Morph Foundation, BGB is entering a new chapter as the gas and governance token of Morph. This upgrade expands BGB into the utility token for the next era of onchain consumer finance, powering payments, applications, and the broader settlement layer for millions of users worldwide,” said Gracy Chen, CEO of Bitget.

    Expanding BGB with Morph BGB will become the primary token of Morph’s blockchain, serving as the gas, governance, and payment token across the layer. Settlement and PayFi activity will run through BGB alongside stablecoins, giving it a central role in powering the Morph network.

  • Bitget expands RWA futures to include Google, Amazon, Meta, others

    Bitget expands RWA futures to include Google, Amazon, Meta, others

    Bitget, a leading cryptocurrency exchange and Web3 innovator, has expanded its Real-World Asset (RWA) Index Perpetual Futures, giving users access to Apple (AAPL), Google/Alphabet (GOOGL), Amazon (AMZN), Meta (META), and McDonald’s (MCD) perpetual contracts starting Tuesday.

    The move builds on the success of Bitget’s earlier RWA futures launch featuring Tesla, Nvidia, and Circle, further strengthening its suite of tokenized equities. All contracts are settled in USDT, with up to 10× leverage and isolated margin mode available.

    Trading pairs now include AAPL/USDT, GOOGL/USDT, AMZN/USDT, META/USDT, MCD/USDT, TSLA/USDT, NVDA/USDT, and CRCL/USDT.

    Bitget CEO, Gracy Chen, said the expansion democratizes access to global stocks by tokenizing equity indices of industry leaders and making them available on a crypto-native platform without traditional brokerage barriers.

    Read Also: Bitget brings tokenized stocks, RWAs to Nigerian traders

    Trading runs 24/5 with composite indices from multiple token issuers ensuring fair pricing and robust liquidity.

    “Enhanced Accessibility for Global Audiences: This suite supports traders from Africa, Asia, Latin America, and beyond, unlocking Tier-1 tech and consumer stock opportunities with simple, on-chain derivatives.

    “Institutional-Risk Architecture: Bitget’s RWA futures feature rigorous risk controls—isolated margin, capped leverage, insured ADL, and dynamic index rebalancing—designed to deliver reliability at scale,” she explained.

  • Bitget brings tokenized stocks, RWAs to Nigerian traders

    Bitget brings tokenized stocks, RWAs to Nigerian traders

    Bitget, the world’s leading cryptocurrency exchange and Web3 company, is expanding market access for Nigerian investors by introducing tokenized stocks on its Onchain platform through an integration with xStocks. 

    This enables Nigerian crypto users to gain exposure to leading MNCs via a blockchain-native interface, bypassing traditional channels.

    Bitget has also joined the Global Markets Alliance by Ondo Finance, a coalition of industry leaders working to standardize and promote interoperability for tokenized securities, driving the adoption of tokenized RWAs such as stocks, ETFs, and more.

    Available through Bitget Onchain, Nigerians now have access to tokenized shares of leading U.S. companies, including Apple, Tesla, Amazon, and more. 

    This user-first solution unlocks high-profile equity exposure, frictionlessly bridging crypto and global traditional finance.

    By joining Ondo’s Global Markets Alliance, Bitget joins other trusted infrastructure partners, exchanges, custodians, and DeFi platforms to unlock borderless access to high-quality financial products. 

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    As part of this partnership, Nigerian traders will soon be able to access over 100 tokenized U.S. equities, ETFs, and money market funds, expanding their investment universe beyond traditional crypto assets.

    “This is matter for Nigerian investors because of it’s global access, local advantage of Investing with NGN using crypto-native methods with no forex hassles or brokerage mandates, 24/7 market availability, trade anytime, no more waiting for international market hours and lower entry barrier – Fractional access to top-tier equities with reduced transaction costs and full transparency onchain. Tokenization is the next frontier in finance allowing everyday investors in Nigeria to access Wall Street with ease,” said Gracy Chen, CEO of Bitget.

    “Our xStocks and Ondo integration marks a leap forward in giving Nigerians diversified, borderless asset exposure. These offerings align with Nigeria’s evolving crypto regulation framework from the SEC’s updated digital asset rules to increased clarity in transaction oversight ensuring Bitget’s commitment to compliance while delivering innovation.

    “Next Steps for Nigerian traders is to create or log in to their Bitget accounts, complete the KYC verification process, visit Bitget Onchain to explore tokenized U.S. equities and explore Ondo-backed assets to diversify into tokenized ETFs and money markets,” she explained.

  • Firm launches annual competition with prize pool

    Firm launches annual competition with prize pool

    Bitget, a global leader in cryptocurrency exchange and Web3 innovation, has officially launched registration for the 2025 edition of its flagship trading competition — the King’s Cup Global Invitational (KCGI). This year’s event features a record-breaking prize pool of 6 million USDT, alongside new competition formats and early-bird incentives.

    Described as one of the most anticipated trading tournaments in the crypto space, KCGI 2025 promises a revamped experience with dynamic challenge modes, region-based leaderboards, and expanded rewards designed to engage traders of all skill levels.

    Bitget CEO Gracy Chen said the competition is more than just a battle of profits — it’s a celebration of innovation, community, and strategy. “From team battles to bot duels, KCGI 2025 isn’t just a tournament, it’s a spectacle,” she said.

    “This year’s edition takes competition to the next level with enhanced challenge modes, strategic captain roles, and exciting opportunities for newcomers. Whether you’re a seasoned trader or just stepping into the world of crypto, there’s a place for you in this tournament,” Chen added.

    She also emphasised the strong sense of community the competition fosters: “Every year during KCGI, we witness traders across the globe strategise, synchronise, and innovate. It’s a vibrant mix of skill, teamwork, and ambition. KCGI is our way of rewarding the best and most dedicated traders in our ecosystem.”

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    With 6 million USDT in rewards and a range of early sign-up benefits, Bitget is encouraging traders worldwide to register early and gear up for what it promises will be the most exciting KCGI yet.

    The competition is now open to all eligible traders via the Bitget platform.

    “This year’s 6 million USDT promotion pool is packed with surprises. Top-performing participants may unlock VIP experiences with Bitget partners. Those partners include LALIGA matchday access, MotoGP circuit passes, and other premium rewards that go beyond the charts. It’s not just about who trades best. It’s also about who dares to play big, lead boldly, and win in style.

    “KCGI 2025 introduces four high-stakes categories which include: Team Battle – Form alliances, build your squad, and rise through the ranks together; Copy Trading Showdown – Let your strategy do the talking, or ride with the best; Bot Trading Competition – Code it. Launch it. Dominate the charts; On-chain Arena – The ultimate test of decentralised skill and chain-savvy moves.

    “Early registrants unlock exclusive perks like trading bonuses, entry into mystery prize draws, and first dibs on team captaincy slots. Participants from over 100 countries are expected to join. Thus, it has not only become the largest KCGI yet but also the most global, collaborative, and competitive.

    “The official Team Battle segment begins July 24, but the smart money moves early. Traders who register now not only secure their seat, but they also set the tone for the event. Get in early. Build your team. Shape the leaderboard. KCGI 2025: This isn’t just trading, it’s a full-on battle with rewards”, she said.

  • Firm launches institutional services in Nigeria to empower fintech innovation

    Firm launches institutional services in Nigeria to empower fintech innovation

    Bitget, a leading global cryptocurrency exchange and Web3 company, has officially launched its institutional services in Nigeria, offering fintech companies access to a powerful suite of advanced trading and blockchain infrastructure tools.

    The launch marks a major step in supporting Nigeria’s fast-growing fintech ecosystem, providing startups and enterprises with institutional-grade solutions such as white-label crypto exchange platforms, API trading integration, liquidity infrastructure, proof of reserves, and access to Bitget’s $600 million Protection Fund.

    According to Bitget CEO Gracy Chen, the initiative aims to empower Nigerian fintech firms to harness blockchain technology for innovation and wealth creation.

    “Our goal is to empower Nigerian businesses to innovate and leverage blockchain for wealth creation opportunities,” Chen stated. “Our institutional services are tailored to meet the operational needs of fintech leaders, allowing them to embed trading functionalities like spot and futures markets, wallet management, and more into their platforms.”

    Key offerings in the new service suite include white-label Broker Services: Fintech companies can build custom-branded crypto exchanges using Bitget’s infrastructure while maintaining full control over branding and user management.

    API Solutions: Developers can integrate trading functionalities—including spot, margin, and derivatives markets—via fast and efficient APIs to ensure seamless user experiences.

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    ND Broker Model: This feature allows clients full control over their user interface while leveraging Bitget’s liquidity and market infrastructure on the backend.

    Protection Fund & Proof of Reserves: Clients benefit from enhanced security with over \$600 million secured in Bitget’s Protection Fund and real-time proof of reserves, ensuring transparency and confidence in asset backing.

    Bitget’s entry into Nigeria comes amid growing adoption of blockchain and mobile payment technologies in the country’s digital economy.

    The company aims to serve as a strategic partner to local fintechs, providing not only technical infrastructure but also marketing and operational support.

    “Nigeria’s fintech industry is ripe for integrating high-value crypto solutions,” Chen added. “Bitget is offering the foundation for fintech firms to scale their platforms and introduce innovative financial tools that meet the demands of a digital-first economy.”

    Through collaborations, custom trading competitions, user engagement campaigns, and access to Bitget’s global marketing engine, local fintech partners are expected to gain visibility, grow their user base, and build robust crypto marketplaces for the future.