Bitget, the leading cryptocurrency exchange and Web3 company, has announced exciting new offerings as it continues to redefine the digital currency trading experience for its users. On December 27, 2024, the exchange will officially list Phala Network (PHA) within its Innovation, AI, and DePIN Zone. This strategic move signifies Bitget's commitment to integrating cutting-edge projects within the blockchain ecosystem.
Deposits for PHA are now open, and trading will commence at 11:00 UTC on December 27, 2024. Following this, users will be able to withdraw their tokens from 12:00 UTC on December 28, 2024. The PHA token will be paired with USDT, allowing Bitget’s users seamless access to one of the forefront projects merging artificial intelligence and blockchain.
To celebrate this listing, Bitget is rolling out a special seven-day promotional offer. Users will have the opportunity to purchase PHA with credit or debit cards entirely free of transaction fees. This limited-time promotion supports over 140 currencies, including EUR, GBP, AUD, TWD, and CAD, making it accessible for users worldwide.
Phala Network is making headlines for its groundbreaking work. It serves as the Execution Layer for Web3 AI, enabling artificial intelligence to engage effectively with blockchain technology. This innovative approach aims to lower the barriers to adopting Web3, facilitating broader access for users across diverse demographics. The multi-proof system offered by Phala Network ensures its integrity and security, allowing developers to deploy reliable AI-driven decentralized applications without the typical disruptions.
Bitget's introduction of high Annual Percentage Rates (APR) for its On-chain Earn products is another highlight aimed at enhancing user engagement. This month-long promotional campaign, running from December 24, 2024, to January 24, 2025, offers impressive returns for users subscribing to various products, including ETH, SUI, and ADA.
The specific APRs for these products are as follows: users can expect 8% for ETH, 12% for SUI, and 7.7% for ADA. With the goal of making it easier for users to grow their assets during the festive period, these offers present valuable opportunities for passive income via the Bitget platform.
Subscription for these On-chain Earn products can be completed through both the Bitget website and mobile application, providing versatility for users across devices. On the website, participants can navigate to the Earn > On-chain Earn section, selecting their preferred cryptocurrency. For app users, the pathway is Home > Earn > On-chain Earn, with smooth access to the various investment options.
Once subscribed to any of the offerings, users will begin earning interest from 12:00 AM (UTC+8) on the day following their subscription. If subscriptions are made after this cut-off, the interest accrual will commence the following day instead, ensuring clarity for users participating in the program.
Bitget also offers users both Express and Standard Redemption options, offering flexibility to withdraw funds anytime after subscribing. It is to be noted, after January 24, 2025, at 12:00 PM UTC, the promotional APR will revert to standard rates, encouraging users to act swiftly to maximize their earnings.
Established in 2018, Bitget has emerged as one of the top forces within the cryptocurrency exchange market, serving over 45 million users across more than 150 countries. The platform offers innovative features like copy trading and provides real-time data access to popular cryptocurrencies like Bitcoin and Ethereum.
Bitget is not only committed to enhancing trading opportunities but also aims to expand crypto adoption globally through various partnerships. The exchange is the official crypto partner of LaLiga, the world’s renowned football league, alongside collaborations with prominent Turkish athletes to instill confidence and knowledge about cryptocurrencies within the global community.
Users are urged to take advantage of these exciting times at Bitget, whether by engaging with the newly listed Phala Network or capitalizing on the enticing APR offerings. For more information about their services, users can visit the official Bitget website and explore their active community channels.
Nonetheless, potential investors must exercise caution, as volatility is inherent to digital assets. The message remains clear: only invest what you can afford to lose. This proactive approach will guide users through their trading and investment journeys within the ever-evolving cryptocurrency arena.
