Bitget Launches Launchpool with 200,000 BGB Prize Pool

Cryptocurrency exchange Bitget has announced the launch of its second Launchpool campaign, offering users a chance to earn rewards by staking BGB and USDT tokens. The campaign is scheduled to run from September 19, 7 AM UTC, to September 24, 7 AM UTC.

The promotion features a total prize pool of 200,000 BGB tokens. This pool is divided into several allocations: 100,000 BGB for users staking BGB, 50,000 BGB for those staking USDT, and an additional 40,000 BGB for new Bitget users. A further 10,000 BGB will be distributed among lucky participants.

Users can participate by staking a minimum of 6 BGB tokens or 1 USDT. The initiative aims to provide an accessible opportunity for users to gain benefits. Rewards are calculated hourly based on an individual's staked amount relative to the total staked amount.

Bitget is also offering exclusive rewards for new users who meet certain conditions and a lottery for fortunate participants, awarding 100 BGB to 100 selected users with stakes of $1000 or more. Participation in the campaign requires users to complete KYC verification.