Bitget Pioneers On-Chain Affiliate Program with 40% Rebates

Bitget, a leading cryptocurrency exchange and Web3 company, has introduced the industry’s first on-chain affiliate program, offering up to 40% rebates to partners. This initiative bridges centralized (CEX) and decentralized (DEX) trading ecosystems, enabling affiliates to monetize their influence seamlessly across both platforms.

Bitget Launches Industry-First On-Chain Affiliate Program

Bitget, the leading cryptocurrency exchange and Web3 company, has launched the first-ever on-chain affiliate initiative in the crypto exchange sector. This innovative program offers partners up to 40% in rebates alongside existing commission structures, bridging centralized (CEX) and decentralized (DEX) trading ecosystems. Affiliates can now monetize their influence across both worlds seamlessly. While traditional affiliate programs reward referrals for spot and futures trading, Bitget’s on-chain extension allows partners to earn rebates when users engage with Bitget Onchain, a product designed to simplify on-chain trading for CEX users.

Bitget Burns $130 Million BGB, 2.5% of Total Token Supply

Bitget, a leading cryptocurrency exchange and Web3 company, has burned 30 million Bitget Token (BGB), worth approximately $130 million, representing 2.5% of the total supply. Over the past six months, Bitget has destroyed 42.5% of the total BGB supply, including 19% from core team holdings and 21% from circulating supply and reserve allocations. This recent burn is part of a quarterly event where 20% of profits from exchange and wallet operations are used to repurchase and destroy tokens.