Key Takeaways
Crypto exchange Bitget’s non-custodial wallet, Bitget Wallet (formerly BitKeep), announced two airdrops happening between March 18th and April 28th, 2024. This move aims to reward its long-time users and attract more engagement on the platform.
What Is Bitget Wallet?
Bitget Wallet (formerly BitKeep) is a non-custodial, multi-chain crypto wallet that supports over 250,000 cryptocurrencies and is compatible with over 100 networks. The Web3 wallet was founded in 2018 and currently boasts over 20 million users worldwide.
Here’s a breakdown of its key features:
- Non-custodial – You hold the private keys to your cryptocurrencies, giving you complete control over your assets. Bitget doesn’t have access to them.
- Multi-chain – It supports many blockchains, allowing you to store and manage a wide range of cryptocurrencies.
- DeFi Features – Bitget Wallet integrates several Decentralized Finance (DeFi) functionalities:
- Bitget Swap – This built-in DEX aggregator searches various decentralized exchanges (DEXs) to find the best prices for your crypto swaps.
- NFT Marketplace – You can buy, sell, and trade NFTs (non-fungible tokens) directly within the wallet.
- DApp Browser – Allows you to interact securely with decentralized applications (DApps) in-app.
How To Participate
The primary reason behind Bitget Wallet’s airdrop is the upcoming launch of its native token, BWB. The token will have a fixed supply of 1 billion BWB, and 5% will be allocated to community airdrops.
The six-week airdrop program consists of a loyalty reward for existing users and a task-based reward for those who complete specific activities.
The initial airdrop rewards will be based on user loyalty, measured by account tenure, asset holdings, trading activity, and past event participation.
In the task-based airdrop, rewards are earned through a points system known as BWB Points. To incentivize participation, new users even receive a bonus of 50 BWB Points upon creating their wallet.
You can also boost your BWB Points even further by holding specific cryptocurrencies, swapping tokens within the wallet, and inviting friends to join.
Final Thoughts
While each task in the airdrop campaign awards a specific amount of BWB Points, the exact exchange rate for these points in the final rewards has not been revealed yet. For the latest updates, be sure to follow Bitget Wallet’s official social media sites.
