Bitget Wallet is set to revolutionize its operations by prioritizing its native BGB token for multi-chain gas payments through its innovative GetGas feature starting January 2025. This move aims to simplify transactions across various blockchains, including Ethereum, Solana, BNB Chain, Polygon, Base, Arbitrum, Optimism, TON, and Tron, for its users. By allowing users to pay gas fees using BGB, USDT, or USDC, Bitget Wallet eliminates the need for unique gas tokens on individual chains, streamlining operations and enhancing cost efficiency.
Additionally, Bitget Wallet will introduce a Reward Center where users can earn free gas vouchers by completing simple tasks, further reducing their expenses. Alvin Kan, the COO of Bitget Wallet, emphasized the company’s commitment to making decentralized technology accessible and intuitive by integrating multi-chain gas payments and simplifying onchain interactions.
With a user base of over 60 million worldwide, Bitget Wallet is a prominent non-custodial wallet provider in the crypto space. In a strategic move, Bitget plans to burn 40% of the total BGB token supply, reducing it from 2 billion to 1.2 billion tokens. Quarterly BGB token burns will commence in 2025, with 20% of profits from exchange and wallet operations allocated towards these burns.
Bitget believes that these token burns will drive demand for BGB and position it as one of the top 10 foundational assets in the crypto industry. The recent merger of Bitget Wallet Token (BWB) with the BGB token aims to streamline operations and enhance token utility within the Bitget exchange and wallet ecosystems.
Notably, BGB has seen a 15% increase in the last 24 hours, reaching an all-time high of $8.49. With a market capitalization exceeding $11 billion, BGB is currently the 16th largest crypto asset. This growth underscores the potential of BGB as a valuable digital asset in the crypto market.
As Bitget Wallet continues to innovate and optimize its services, users can expect a seamless and efficient experience in navigating the evolving landscape of decentralized technology. Join Japan’s Web3 Evolution today with Bitget Wallet and experience the future of multi-chain gas payments and decentralized finance.