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Crypto

Bitget Unlocks Daily Bitcoin Rewards for Yield-Bearing Token Holders

Guavy AI Editorial Team
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BTC LINK BGB
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Bitget has upgraded its yield-bearing Bitcoin token, BGBTC, to pay daily rewards in BTC. This change adds a new layer of functionality for holders, who can now earn interest on their Bitcoin investments every day.

The upgrade also includes faster redemption times for large orders and additional risk controls. Bitget has partnered with Chainlink to facilitate cross-chain transfers using its Cross-Chain Interoperability Protocol.

Bitget's CEO, Gracy Chen, said 'The next stage isn't simply holding Bitcoin, it's making it productive.' The company aims to connect centralized and decentralized finance through its infrastructure work with Morph and Chainlink.

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