How to Use BGBTC: A Complete Guide to Earning BTC Yield

BGBTC is a BTC-based, yield-enhanced asset launched by Bitget. It is pegged 1:1 to BTC, offering users continuous BTC-denominated yield while preserving full BTC price exposure and liquidity. It also supports various Bitget use cases, including spot trading, margin in the unified trading account, collateral for Crypto Loans, Launchpool, and PoolX. Following an upgrade, BGBTC's underlying yield strategy is designed and executed by a professional team of Curators, requiring no active management from users.

Key features and advantages of BGBTC

• Earn BTC yield just by holding: Once subscribed, you automatically start earning BTC-denominated yield, settled daily with a reference APR of up to 2% (actual yield may vary with market conditions). No additional action is required.

• Convenient subscription and redemption: You get BGBTC at a 1:1 ratio immediately after subscription. Standard redemption is free of charge (estimated 3–5 days), while express redemption arrives instantly with a small management fee (lower for VIP users, with a daily free quota).

• Margin keeps earning: When BGBTC is used as futures margin, it continues to earn BTC yield when eligible.

• Crypto Loan collateral: Use BGBTC as collateral to access liquidity while your holdings continue to generate yield.

• Participation in ecosystem promotions: Use BGBTC in PoolX and more promotions to continue accumulating BTC earnings while receiving project rewards.

• Professional foundation: Bitget discloses fund flows with full on-chain transparency. Gauntlet takes charge of the strategy. Chainlink CCIP provides cross-chain capabilities. Morph provides the high-performance infrastructure.

Who is BGBTC for

How to get started with BGBTC: From subscription to flexible use

Step 1: Go to the BGBTC page

1. Open the Bitget app or log in to the Bitget website. Select Earn from the bottom/top navigation, and then choose On-chain Earn. Alternatively, use this link to access the promotion page.

2. Find and select the BGBTC product.

Step 2: Subscribe to convert your BTC to BGBTC

1. Enter the amount of BTC you'd like to stake.

2. Once confirmed, you will receive BGBTC at a 1:1 ratio immediately.

3. Yield starts accruing from T+1 and is distributed on T+2 (subject to the actual rules on the product page).

Tip: The conversion incurs no loss of value and is simple to complete, making BGBTC ideal for long-term holders seeking effortless, passive yield.

Step 3: Use BGBTC flexibly to maximize its value

After the conversion, you can use BGBTC in the following ways based on your needs:

1. Simply hold and earn

There's nothing you need to do. Simply hold BGBTC to automatically accrue BTC-denominated yield every day. This suits users who prefer a hands-off approach and simply want their BTC to keep growing in value.

2. Use as futures margin

Transfer BGBTC to your unified trading account to use it as margin. While opening positions and trading as usual, the eligible portion of your margin will continue to earn BTC yield, improving capital efficiency.

3. Use as loan collateral

Select BGBTC as your collateral asset for Crypto Loans and borrow other coins for liquidity. Your BGBTC holdings will continue to earn throughout the collateral period.

4. Participate in platform ecosystem promotions

Use BGBTC to participate in promotions such as PoolX and Launchpool. While earning project token rewards, your eligible holdings continue to accrue BTC-denominated yield, giving you dual returns.

5. Spot trading and other scenarios

BGBTC supports spot trading on the platform and can be used in other supported scenarios, keeping your funds highly liquid.

Step 4: Redeem (get your BTC back when needed)

• Standard redemption: No additional fees, with funds expected to arrive in 3–5 days (refer to the product page).

• Express redemption: Instantly convert BGBTC back to BTC at a 1:1 ratio. A small management fee applies. VIP users enjoy lower fees and a daily quota for free express redemption.

Redemption is also available on the BGBTC product page. Follow the instructions and choose standard or express redemption.

Suggestions

• If you plan to hold BTC for the long term and want stable additional yield, just convert to BGBTC directly and hold it.

• If you trade futures frequently, use BGBTC as margin to earn yield while you trade.

• If you need short-term liquidity, use it as loan collateral without interrupting your yield.

• If you enjoy participating in platform promotions, use it to earn rewards from PoolX and others for higher returns.

BGBTC truly combines earnings from BTC holdings with asset flexibility. From conversion to use cases, the process is simple, with the underlying strategy managed by a professional institution fund flows fully transparent on-chain.

Subscribe to BGBTC