Announcement on the Upgrade of Bitget's Platform Token BFT

Bitget Global Users:

The platform will support the upgrade of the platform token BFT (Bitget Defi Token) to BGB (Bitget Token). The specific plans are as follows:

Bitget has stopped BFT withdrawal and will stop BFT trading on 16:00 on 23 July 2021 (UTC+8). Afterwards, the platform will swap your existing wallet balance's BFT token to BGB token at the ratio of BFT:BGB = 1:2

The specific schedule is as follows:

BFT/USDT offline time: 23 July 2021 at 16:00 (UTC+8)

BFT automatic swap time: 23 July 2021 at 16:00 - 25 July 2021 at 16:00 (UTC+8)

BGB/USDT trading will be opened at 16:00 (UTC+8) on 26 July 2021, and BGB deposit and withdrawal services will be opened at the same time.

Note:
1. For users who have pending orders in the BFT/USDT trading pair, if the order is not cancelled when the transaction is offline, the system will automatically cancel the order for you. Users who still have pending orders are requested to cancel their order as soon as possible;

2. This swap is only for the positions held by users on the Bitget platform. For the positions held by the wallet address outside the platform, users are required to transfer funds to the platform during the swap period and wait for the automatic swap. If you did not manage to perform the swap during the specified period, a separate application must be sent to the platform. You can consult the platform's customer service for assistance.

BGB smart contract address: https://etherscan.io/token/0x19de6b897ed14a376dda0fe53a5420d2ac828a28

More information about BGB: "The draft on the existence of original platform token BFT and the upgrade to BGB"

Thank you for your long-term support towards Bitget!

Bitget team
19 July 2021

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