Bitget Releases August Report: Blockchain4Youth Builders Program and KYC Requirements
Bitget, a popular copy-trading crypto-exchange, has published its August report, highlighting its initiatives, updates, partnerships, and new products. One of the main focuses is the Blockchain4Youth Builders program, which aims to inspire young people to adopt Web3 and crypto tools. Bitget plans to recruit and train over 100 aspiring talents in the field of crypto, blockchain, and Web3 technologies through this program. The exchange also emphasizes its updated Know Your Customer (KYC) requirements to enhance user identification for a secure trading environment. New users must complete KYC verification upon registration, while existing clients have until September 30th to comply.
Bitget’s August Initiatives, Updates, Partnerships, and New Products
In addition to the aforementioned programs and requirements, Bitget discusses its fifth anniversary celebration with events like the King’s Cup Global Invitational (KCGI) 2023 trading competition. The exchange also highlights its collaborations in August, including partnerships with CoinStats and CCData. CoinStats offers a 20% discount on wallet monitoring services for Bitget users. CCData provides institutional-grade digital asset data for improved trading strategies. Furthermore, Bitget has expanded its cryptocurrency offerings by adding 25 new coins to its liquidity provider lists. The exchange has also undergone rebranding with a focus on innovation and user empowerment.
ETH Staking on Bitget Wallet
Bitget Wallet (formerly BitKeep) introduces Ethereum (ETH) staking with returns of up to 10% during subsidy periods. This feature utilizes the Lido.fi protocol and offers a user-friendly interface with no minimum deposit requirement for ETH. Users earn rewards in ETH instead of USDT. By participating in ETH staking, Bitget Wallet users contribute to the security and decentralization of the Ethereum network while earning attractive rewards.
Hot Take: Bitget’s August Report Highlights Commitment to Youth and Enhanced Security
Bitget’s August report showcases the exchange’s dedication to fostering blockchain adoption among young people through its Blockchain4Youth Builders program. By recruiting and training aspiring talents, Bitget aims to shape the future of crypto, blockchain, and Web3 technologies. Additionally, the updated KYC requirements demonstrate Bitget’s commitment to creating a secure trading environment. These measures enhance user identification and ensure a safer platform for cryptocurrency trading. The exchange’s collaborations, expanded coin offerings, rebranding efforts, and introduction of ETH staking further solidify Bitget’s position as a leading crypto-exchange focused on innovation and user empowerment.
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