Bitget to launch new payment options, benefits to Filipinos

Bitget News

Bitget to launch new payment options, benefits to Filipinos
ToLaunchNew
  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 21 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 92%

BITGET, a leading cryptocurrency exchange platform and Web3 company, has announced exciting plans for 2025, introducing new PayFi applications that aim to give users more ways to make everyday payments convenient.

Following the merger of Bitget Token and Bitget Wallet Token, the newly unified BGB will now power the entire Bitget ecosystem. With the unified BGB token, Filipinos will soon be able to use Bitget Pay and the Bitget Card for everyday expenses.According to the updated BGB whitepaper, cardholders who hold a specified amount of BGB tokens will also enjoy premium benefits such as rebates, reduced transaction fees, and access to luxury lifestyle services.

This strategic move reduced the total supply from 2 billion to 1.2 billion tokens, creating scarcity and boosting market confidence.Bitget has also committed to ongoing quarterly burns, destroying 20 percent of its profits from trading fees across its services. Token burning is a process that permanently removes a portion of tokens from circulation, making the remaining supply more scarce.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheManilaTimes /  🏆 2. in PH

To Launch New Payment Options Benefits To Filipinos

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitget Builders Program Expands to PhilippinesBitget Builders Program Expands to PhilippinesCryptocurrency exchange Bitget is expanding its Bitget Builders Program to more countries, including the Philippines. The program, launched in June 2023, aims to connect with crypto advocates and build a global network of supporters. It has already attracted over 5,000 participants from 55 countries, with 1,300 actively contributing to Bitget's growth.
Read more »

Consensys annual study highlights growing familiarity with web3, crypto, and blockchain among FilipinosConsensys annual study highlights growing familiarity with web3, crypto, and blockchain among FilipinosConsensys, the web3 innovator behind MetaMask, revealed insights from its second global crypto and web3 survey, conducted in partnership with YouGov. The survey highlights evolving attitudes toward blockchain technology, showcasing its increasing adoption and influence worldwide.
Read more »

Web3 Gaming Creators: Driving Growth and Shaping the FutureWeb3 Gaming Creators: Driving Growth and Shaping the FutureWeb3 gaming creators are essential for the industry's success, fostering awareness, engagement, and community growth. As the field expands, new opportunities emerge for aspiring creators. The recent GAM3 Awards in Manila highlighted the significance of creators and the Philippines' impact on Web3 gaming.
Read more »

Marcos Jr. Pledges Stronger Ties With Nations to Protect Filipinos AbroadMarcos Jr. Pledges Stronger Ties With Nations to Protect Filipinos AbroadPresident Ferdinand R. Marcos Jr. assured overseas Filipino workers (OFWs) that the Philippines will strengthen its relationships with other countries to ensure their safety and protection. During a gift-giving event for OFWs and their families at Malacañan Palace, Marcos emphasized the importance of cooperation and forging good relations with different nations. He also urged the public to stop referring to OFWs as 'modern heroes' and simply recognize them as heroes for their long-standing contributions to the country.
Read more »

Filipinos Urged to Sharpen Cybersecurity Skills Amid Rising ScamsFilipinos Urged to Sharpen Cybersecurity Skills Amid Rising ScamsExperts at a recent webinar emphasized the importance of individual responsibility in combating online scams. They stressed that while banks and governments are taking steps to protect users, consumers must also stay vigilant, practice safe online habits, and be wary of attractive but potentially fraudulent offers.
Read more »

PhilHealth Has Ample Funds to Cover Filipinos' Health Needs, Says AdiongPhilHealth Has Ample Funds to Cover Filipinos' Health Needs, Says AdiongHouse Assistant Majority Leader Zia Alonto Adiong refuted claims circulating on social media that PhilHealth lacks funds to cover Filipinos' health needs. He emphasized that PhilHealth has over P504 billion in investible funds and P183 billion in surplus reserve funds, exceeding the statutory requirement of two years' worth of average benefit payments. Adiong questioned the rationale behind PhilHealth's significant investments when its primary mission is to provide healthcare services.
Read more »



Render Time: 2025-02-13 22:15:44