Cryptopedia - Bitget Wrapped BTC
Bitget introduced BGBTC, a wrapped token that maintains a 1:1 peg with native BTC and generates interest. By keeping this asset in your Bitget account, you can automatically receive daily on-chain DeFi yields, supported by transparent reserves and a defined yield strategy. Furthermore, BGBTC serves as collateral to access liquidity and engage with various yield-producing offerings on Bitget, enabling triple value growth through "yield, trading, and liquidity."
