Bitget Wallet Introduces Assetback Program for Diversified Crypto Exposure

Bitget Wallet has announced the launch of its new program called Assetback on August 1. This feature will enable eligible cardholders to automatically convert their purchase rewards into one of seven different assets, including Bitcoin, tokenized gold, and tokens representing companies like Nvidia and Tesla.

The base reward for cardholders is 2%, but there's a possibility to boost this to 3% during special periods. Rewards become redeemable seven days after transactions and require at least one USDC before withdrawal. This new program replaces the previous cash rewards system, aiming to provide users with diversified crypto and tokenized asset exposure through routine spending.

The availability of Assetback depends on regional eligibility and requires the latest Bitget Wallet app version. The rollout will test user adoption of non-cash rewards across multiple global markets.