Bitget Increased the Alliance Program Reward Pool to 4.8 Million USDT

• Bitget announced an increase in the Alliance Program rewards pool to 4.8 million USDT.
• Users can earn rewards for trading activity and holding assets on the platform.
• The program takes into account eligible spot and futures transactions, as well as stock trading.

Universal exchange (UEX) Bitget announced that it has increased the rewards pool for Alliance Program participants to 4.8 million USDT. The company told Incrypted about this. Users can earn rewards for trading activity and holding assets on the platform.

The program provides two reward distribution mechanisms. The first is based on a user’s share of the total volume of eligible trading transactions on the platform for the day. The second depends on the user’s share of eligible asset value in the combined asset value of all program participants.

As a result, rewards are distributed proportionally to activity and the volume of assets that meet the program’s terms, the press release said.

To participate, a user’s daily eligible trading volume must be at least 100 USDT. The same minimum threshold is set for eligible asset value. The calculated metrics are capped at 3 million USDT per user per day for each mechanism.

Bitget explained that if trading volume falls below the set threshold, it is counted at its actual value. If asset value is below the threshold, it is not counted when calculating asset-based rewards.

Eligible spot and futures transactions, as well as stock trading, are included in the calculation of trading rewards. Onchain, CFD, and Stock+ trades, converter operations, and zero-fee trading pairs are excluded from the calculation. For asset-based rewards, funds in the account are counted, excluding Onchain, CFD, and Stock+ assets. The minimum eligible asset value is determined using hourly account snapshots for the calculation period from 19:00 to 18:59:59 Kyiv time.

In addition to the trading fee distribution program, Bitget offers additional opportunities for users. In particular, limited-time Earn offers provide yields of up to 12% per year (APR) on stablecoins. A trial pass is also available, which allows users to keep their VIP level for 30 days in accordance with the product’s terms, the statement said.

The team noted that security remains a key part of Bitget’s infrastructure. The platform publishes proof-of-reserves data, maintains a reserve ratio above 100%, and has a User Protection Fund as an additional risk-mitigation mechanism. Users can independently verify the status of their assets and review the available reserve information.

The trading fee revenue-sharing program expands Bitget users’ ability to earn rewards not only for trading activity, but also for holding eligible assets. The actual reward amount depends on the total pool for the settlement period, the activity of other participants, and the value of the assets counted under the program rules, the company emphasized.

You can learn more about the participation terms and reward calculation on the official Bitget platform.

Сообщение Bitget Increased the Alliance Program Reward Pool to 4.8 Million USDT появились сначала на INCRYPTED.