Bitget Wallet, a prominent Web3 wallet, has announced a unique upgrade. With this upgrade, Bitget Wallet plans to merge the Bitget Token ($BGB) with Bitget Wallet Token ($BWB) to offer a unified ecosystem for both Bitget Wallet and Bitget. The wallet platform disclosed this upgrade on its official social media account on X.
Important BWB announcementTo accelerate Bitget Wallet's growth and empower token holders with a greater suite of utilities and benefits, we have decided to merge Bitget Wallet Token (BWB) with Bitget Token (BGB). After this token merge, BGB will emerge as the sole unified… pic.twitter.com/AWq9yl7D3s
— Bitget Wallet (@BitgetWallet) December 26, 2024
Bitget Wallet Plans to Merge $BGB and $BWB Tokens to Expand Value and Growth
Bitget Wallet mentioned that it is releasing a new upgrade at the beginning of the year 2025. The upgrade merging the Bitget Token ($BGB) with the Bitget Wallet Token ($BWB) reflects its commitment to providing token holders and users with more value. To expedite the growth and solidify the token holders, the merger provides a comprehensive suite of benefits and utilities. Following this upgrade, $BGB will operate as a single token of a unified system including Bitget Wallet and Bitget. However, the token supply of the $BGB token will not see any changes.
Bitget Wallet has achieved a prestigious position among the Web3 wallets. It has more than 60M users across the globe, connecting a broad diversity concerning onchain opportunities for dapps and blockchains. Additionally, Bitget Exchange has seen a remarkable expansion based on trading volume as it stands among the top 3 exchanges. It provides an all-inclusive ecosystem with a wide range of trading services like leverage, spot, contracts, and pre-market. With this, it has become the first priority of several top-tier projects and consumers.
The Users Can Leverage PoolX and Launchpool Airdrops Apart from VIP Perks
By combining the features of both the platforms, the collaboration paves the way for significant synergies. It brings value across the exchange and onchain sectors. Moreover, after the launch of this upgrade, the users will be able to leverage PoolX and Launchpool airdrops, VIP perks, and discounts on spot fees. Most importantly, $BGB will deliver onchain integrations and utilities to unlock new benefits for token holders.
According to Bitget Wallet, the merger of $BGB and $BWB Tokens leads to an enhanced user experience with new features. The upgrade aims to empower the users with noteworthy opportunities with a seamless expansion of services. Furthermore, the users can expect a greater $BGB utility and access.