Bitget, the fourth-largest cryptocurrency exchange in the world, has introduced a substantial initiative aimed at FTX creditors, promising up to $2,500 in rewards. This bold move seeks to entice disillusioned former users of the collapsed FTX platform to migrate to Bitget. The campaign runs from February 18, 2025, to March 5, 2025 (UTC+8) and is part of a broader strategy to restore confidence in the cryptocurrency sector, which has been tarnished by the downfall of FTX.
With an international user base exceeding 100 million across 200 countries and daily trading volumes surpassing $20 billion, Bitget aims to cement its position in the market by reaching out to disheartened traders. These efforts come at a crucial time when trust issues have plagued the cryptocurrency community, particularly after FTX, a once-renowned player, crumbled. The success of this campaign has the potential to reshape perceptions and re-establish a sense of security among investors and traders who have faced significant losses.
FTX Creditors Earn Up to $2,500 Rewards; 80% Futures Bonus, 20% BGB Tokens
To participate in Bitget’s incentive campaign, FTX creditors are required to register on Bitget using the same email addresses linked to their FTX accounts. Following the registration, an identity verification process must be completed. Participants must submit a screenshot of their FTX claim page along with a Unique Customer Code for verification. Upon approval, they can proceed with making deposits, which will unlock the corresponding rewards based on the deposited amounts.
The incentive structure is tiered according to deposit amounts. For example, a 5% bonus applies to net deposits ranging from $0 to $2,000, with the maximum reward capped at $50. The reward increases with higher deposit levels, reaching a maximum of $2,500 for amounts exceeding $50,000. The rewards are divided into two parts: 80% of the incentive is distributed as futures trading bonuses, while the remaining 20% is credited in BGB tokens, Bitget’s native cryptocurrency. As an illustration, a $15,000 deposit results in a $500 reward, allocated as $400 in trading bonuses and $100 in BGB tokens.
Bitget’s approach ensures participants receive substantial benefits while also promoting the use of their futures trading services. This dual reward structure not only incentivizes deposits but also encourages active trading on the platform. By offering both futures trading bonuses and BGB tokens, Bitget aims to enhance user engagement and loyalty, fostering a supportive relationship with new users transitioning from FTX.
Five-Day Review—Users Get Second Chance
Bitget guarantees that all submissions will be processed within five working days. In cases where a submission is rejected, users are given a second chance to resubmit their information. This review system provides a safety net for participants, ensuring that eligible users have multiple opportunities to qualify for the rewards. It is important to note that the final incentive amount is subject to the verification process, and any withdrawals made before the campaign’s conclusion could affect the final payout.
A key aspect of Bitget’s campaign is its transparency. Participants can monitor their net deposit amounts in real-time via the promotion page, allowing them to stay informed about their standing and potential rewards throughout the event. This transparency is critical in maintaining trust and accountability, particularly in an industry where concerns about reliability and security are prevalent. Bitget’s commitment to clear communication and user engagement demonstrates its dedication to rebuilding confidence in the cryptocurrency market.
“We operate with competence, transparency, and a commitment to continuous compliance with evolving global cryptocurrency regulations,” Bitget emphasized. This campaign is exclusively tailored for FTX creditors who complete the necessary verification processes and receive approval from Bitget’s team. The eligibility criteria are stringent to ensure that only those directly impacted by the FTX collapse benefit from this initiative. To prevent misuse of the system, Bitget specifies that duplicate sign-ups or mismatched email accounts will not qualify for the program. Additionally, incentive amounts displayed on the promotion page are provisional and may be adjusted after final verification.
The introduction of this campaign marks a significant step in Bitget’s efforts to restore confidence among cryptocurrency users. While the immediate impact of this initiative remains to be seen, it sets a precedent for how exchanges can support affected users and foster a more trustworthy environment. As Bitget continues to expand its reach and services, this proactive approach could play a pivotal role in shaping the future of user engagement and satisfaction within the crypto community.