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Beginner's guide
Stake BGB, Enjoy Free Withdrawal & Rewards Galore!

Stake BGB, Enjoy Free Withdrawal & Rewards Galore!

Beginner
2023-04-25 | 5m

As the world’s largest crypto copy trading platform, Bitget has served over 8 million users in more than 100 countries and regions. We have grown from a small exchange in 2018 to a top 5 futures trading platform and top 10 spot trading platform on Coingecko.

Bitget’s platform token, BGB, has also had a fruitful ride through the bear market. It was one of the rare tokens to have recorded its all-time high in Q4 2022 at US$0.238136 on October 21. Fast forward to February 2023 and it constantly accomplished new, amazing achievements: four consecutive weeks of new highs from US$0.221995 (January 23 - January 29), US$0.223903 (January 30 - February 05), US$0.391977 (February 06 - February 12) and US$0.515241 (February 13 - February 19). There’s also been healthy growth in BGB’s volume, recording US$336.9 million in March 2023 (see more details here).

Bitget has always been striving to provide rewards and benefits to BGB holders. For starters, spot transaction fees will receive a 20% discount when paid with BGB. Holders will also be granted exclusive access to our selected Launchpad Launchpool projects by either investing in them with BGB, or staking BGB to grab a share of their tokens as rewards.

Now, we have extended these privileges to new horizons with our latest update: BGB staking free withdrawal.

Stake now

How does it work?

It’s as simple as it gets. Stake your BGB to enjoy a 2% APY and free withdrawals via blockchain. The more BGB you stake, the more free withdrawals you get!

Where do I stake my BGB?

To stake your BGB, sign up or log in to your existing Bitget account before heading over to our BGB Staking page.

Click on ‘Stake’ to start staking. The number of BGB you’re staking has to be a multiple of 100. You can also click on ‘Buy BGB’ to increase your BGB to a rounder number.

Stake BGB, Enjoy Free Withdrawal & Rewards Galore! image 0

To unstake your BGB, click on ‘Redeem’ on the same page. It takes 7 days to unstake your BGB. You can also unstake your BGB immediately at a 2% fee.

How do I get my free withdrawals?

The number of free withdrawals is related to the amount of BGB you have staked:

BGB Staked

Number of Free Withdrawals Per Day

2,500

1

12,500

3

60,000

10

240,000

30

1,000,000

100

Once you have a sufficient amount of BGB staked, you will automatically enjoy your privilege when withdrawing your funds.

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New to Bitget? Please refer to our on-chain withdrawal tutorial (WEB | APP)

Anything else?

Your staked BGB will start earning interest the next day (D+1) and your interests will be distributed daily since D+2.

You will not earn any interest during the 7-day unstaking period.

Free withdrawals do not apply to BTC and coins that involve burning in transactions, or any of your MegaSwap withdrawals.

That’s it! Feeling ready? Purchase stake your BGB now and set sail into the world of crypto with Bitget!

Stake BGB, Enjoy Free Withdrawal & Rewards Galore! image 2

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