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Market News

Bitget Wallet Prepares for Native Token Launch

The upcoming token, designated as BWB, promises exclusive benefits, including a say in community governance, access to ecosystem airdrops, and a reward share.

Written By Kelvin Munene Kelvin Munene
Published 2024-03-19·Updated 2 years ago
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Bitget Wallet Prepares for Native Token Launch

Bitget Wallet, formerly known as BitKeep, gears up to introduce its native token, a move coming a year after a significant $30 million investment from the crypto exchange Bitget. This strategic step aims to enrich the wallet’s ecosystem further, currently boasting over 19 million users across the Asia-Pacific region.

👋 Today, we launch our ecosystem token $BWB #airdrop plan 🎉

We're featuring:
1️⃣ Six-week #BWB Points campaign
2️⃣ Airdrop BWB Points (Convertable to $BWB in Q2)
3️⃣ IEO in May/June

Initial points have already been dropped to users of #BitgetWallet and several other wallets… pic.twitter.com/g06rgCq16U

— Bitget Wallet 🩵 (@BitgetWallet) March 18, 2024

Exclusive Benefits for Users

The upcoming token, designated as BWB, promises exclusive benefits, including a say in community governance, access to ecosystem airdrops, and a reward share. With a billion tokens set to circulate, 5% is earmarked for users engaged with the wallet, highlighting Bitget Wallet’s commitment to its community.

Following the announcement, an unprecedented surge in user activity led to a temporary service overload. Bitget Wallet swiftly addressed the situation, ensuring users that a resolution was imminent. This incident underscores the wallet’s popularity and the community’s anticipation for the BWB token.

Bitget Reply

As Bitget Wallet embarks on this new chapter with its native token launch, it aligns itself with successful precedents like Trust Wallet, signaling a promising future for its users and the broader crypto landscape.

Also Read: Bitget’s Blockchain4Her Program for Women in Web3

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Kelvin is former crypto journalist at The Crypto Times
By Kelvin Munene
Kelvin Munene is a seasoned crypto journalist who excels in news writing, analysis, trading, editorial services, and market research. With over 5 years of working with major publications in different roles, Kelvin has earned extensive experience in the Crypto space. A passionate blockchain enthusiast, Kelvin balances his extensive research with family time and football.

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