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Bitget Offers FTX Creditors $2500 Subsidy

Coin WorldFriday, Feb 14, 2025 5:36 am ET
1min read

Bitget, a leading cryptocurrency exchange, has announced an exclusive subsidy event for FTX debt claim users. The event, titled "FTX Creditors Exclusive Subsidy Event," aims to provide relief to users affected by the FTX collapse.

The event, which runs from February 18th 00:00 to March 5th 00:00 (UTC+8), allows users to submit their creditor information and register using their creditor's email. During the review period, users can recharge their latest registered Bitget account without waiting for approval. Bitget will automatically calculate the net recharge amount of eligible users during the event (recharge amount during the event period - withdrawal amount during the event period) and issue rewards in a tiered manner, with a maximum subsidy of up to $2500.

This initiative by Bitget is a significant step towards supporting FTX creditors and helping them navigate the challenges posed by the exchange's collapse. The event is designed to provide immediate relief to users, allowing them to continue participating in the cryptocurrency market while waiting for the resolution of their claims.

The FTX collapse has had a significant impact on the cryptocurrency industry, with many users losing access to their funds. Bitget's exclusive subsidy event is a welcome move, demonstrating the exchange's commitment to supporting its users and the broader cryptocurrency community during this challenging time.

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