Bitget Wallet Launches 1M BGB Staking Pool With 5% APY Amid Expansion

Bitget Wallet unveils a 1 million BGB staking pool with 5% fixed APY, a 90-day lock-up, and real-time earnings. Meanwhile, its Web3 expansion includes financial inclusion initiatives in the Philippines.
Bitget Wallet Expands Web3 Reach With 1M BGB Staking Pool & Global Initiatives
Bitget Wallet, a leading crypto wallet, has introduced an exciting staking opportunity for users with the launch of a 1 million BGB staking pool, offering a fixed 5% annual percentage yield (APY). Announced on March 12, 2025, this initiative expands Bitget Token’s (BGB) utility within its onchain ecosystem, enabling users to earn passive income securely while maintaining full control over their assets.
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Key Features of the Staking Pool
Users can access the staking program via the finance section of the Bitget Wallet app. Key highlights include:
- 90-day lock-up period
- Individual stake cap of 2,000 BGB
- Real-time earnings updates
- First-come, first-served allocation
Beyond serving as a financial instrument, the staking program integrates BGB deeper into Bitget Wallet’s ecosystem. Stakers can use BGB for decentralized trading, payments, and even covering gas fees across multiple blockchains, streamlining transactions without the need for separate gas tokens.
Additionally, staking unlocks rewards, project airdrops, and VIP perks within Bitget’s expanding PayFi ecosystem, a service that blends DeFi with real-world spending.
Bitget Wallet’s COO, Alvin Kan, emphasized the company’s commitment to enhancing BGB’s use cases, stating:
“We aim to make decentralized finance more accessible and rewarding for all users.”
With over 60 million users and support for 100+ blockchains, Bitget Wallet continues to solidify its standing in the Web3 space.
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Financial Inclusion: Bitget Wallet’s Partnership With Buhayin
Adding to its momentum, Bitget Wallet has partnered with Buhayin, a Philippines-based advocacy agency, to promote financial and digital inclusion in Siargao. The collaboration, which kicked off during Buhayin’s Kapit-Isla Siargao fiesta (March 12–16, 2025), introduced blockchain-powered financial tools and digital literacy programs to local businesses and residents.
One of the key developments is the launch of PayFi, a payment system that enables Siargao merchants to accept stablecoins and digital assets instantly, catering to tourists, digital nomads, and crypto enthusiasts.
Buhayin founder Justin Wee highlighted the initiative’s goal of fostering economic resilience, while Bitget’s Kan emphasized blockchain’s role in bridging financial gaps. Plans are already in motion to expand this model to Dumaguete in July 2025, reinforcing Bitget’s commitment to underserved island communities.
Bitget Strengthens Leadership With Intae Song as CSO
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In a parallel development, Bitget has appointed Intae Song as its Chief Sales Officer (CSO) to strengthen its futures trading division.
Song, an industry veteran since 2017, previously served as Head of Sales (2020–2023) and later as a Business Partner. His return aligns with Bitget’s vision to enhance institutional-grade trading solutions and risk management tools, particularly in the futures market—a critical component of the exchange’s growth.
Bitget CEO Gracy Chen praised Song’s contributions, highlighting his role in scaling the platform to 100+ million users across 150+ countries. Song expressed confidence in advancing Bitget’s futures trading to solidify its market leadership.
A Crypto Powerhouse on the Rise
Bitget’s strategic growth initiatives—from staking innovations and key executive hires to global partnerships—underscore its expansion into both trading and Web3 accessibility.
With Song spearheading futures trading, the Siargao initiative gaining traction, and the BGB staking pool boosting adoption, Bitget is positioning itself as a dominant player in the crypto landscape.
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