Home / Forex News /Bitget To Launch KCGI 2022: Football Edition With 100 BTC Prize Pool And More Rewards Including Signed Messi Jerseys And Popular Tokens For Fans

Bitget To Launch KCGI 2022: Football Edition With 100 BTC Prize Pool And More Rewards Including Signed Messi Jerseys And Popular Tokens For Fans

29 Oct 2022

A draft law designed to regulate the mining of digital coins in Russia is also legalizing the use of cryptocurrencies in international settlements. It has been submitted to the Russian parliament after the rejection of an earlier bill which was aiming to allow domestic crypto payments as well.

Russian lawmakers will review a new legislative proposal for the legalization of cryptocurrency mining, which has seen significant growth over the past few years. Announcing the filing of the bill on Sputnik radio, the Chair of the parliamentary Financial Market Committee Anatoly Aksakov pointed out that the document authorizes the use of cryptocurrencies as a means of payment outside the country.

“We have introduced a bill that legalizes mining, that is the issuance and circulation of cryptocurrencies. But cryptocurrencies can only be employed as a means of payment outside of our country, in foreign jurisdictions,” Aksakov explained, also quoted by RBC Crypto. In experimental mode, the digital assets may also be used to pay for parallel imports, the deputy added and emphasized:

This is a step that speaks of a new direction in the development of financial markets in our country.

Sanctions pressures have increased support for the idea of permitting cross-border crypto payments, but most government institutions in Moscow remain opposed to the legalization of payments with bitcoin and the like inside the Russian Federation. Another mining bill, put forward by the liberal New People faction, was rejected as it provided for the legalization of domestic crypto payments.

The latest draft law was announced last week by Anton Gorelkin, deputy chairman of the Committee on Information Policy at the State Duma, the lower house of parliament, and member of the ruling conservative United Russia party. At the time, he noted that it is a more elaborate document, reflecting the opinions of the Bank of Russia and the Ministry of Finance.

Gorelkin added that the federal law “On Mining in the Russian Federation” does not threaten the status of the Russian ruble as the only legal tender and creates the basis for the development of the country’s own crypto infrastructure. After months of deliberation, Russian lawmakers are also expected to review a bill “On Digital Currency” designed to more comprehensively regulate Russia’s crypto market than the current law “On Digital Financial Assets.”

Do you think Russia will start using cryptocurrencies in foreign trade after the adoption of the new crypto mining law? Share your expectations in the comments section below.

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.

A draft law designed to regulate the mining of digital coins in Russia is also legalizing the use of cryptocurrencies in international settlements. It has been submitted to the Russian parliament after the rejection of an earlier bill which was aiming to allow domestic crypto payments as well.

Russian lawmakers will review a new legislative proposal for the legalization of cryptocurrency mining, which has seen significant growth over the past few years. Announcing the filing of the bill on Sputnik radio, the Chair of the parliamentary Financial Market Committee Anatoly Aksakov pointed out that the document authorizes the use of cryptocurrencies as a means of payment outside the country.

“We have introduced a bill that legalizes mining, that is the issuance and circulation of cryptocurrencies. But cryptocurrencies can only be employed as a means of payment outside of our country, in foreign jurisdictions,” Aksakov explained, also quoted by RBC Crypto. In experimental mode, the digital assets may also be used to pay for parallel imports, the deputy added and emphasized:

This is a step that speaks of a new direction in the development of financial markets in our country.

Sanctions pressures have increased support for the idea of permitting cross-border crypto payments, but most government institutions in Moscow remain opposed to the legalization of payments with bitcoin and the like inside the Russian Federation. Another mining bill, put forward by the liberal New People faction, was rejected as it provided for the legalization of domestic crypto payments.

The latest draft law was announced last week by Anton Gorelkin, deputy chairman of the Committee on Information Policy at the State Duma, the lower house of parliament, and member of the ruling conservative United Russia party. At the time, he noted that it is a more elaborate document, reflecting the opinions of the Bank of Russia and the Ministry of Finance.

Gorelkin added that the federal law “On Mining in the Russian Federation” does not threaten the status of the Russian ruble as the only legal tender and creates the basis for the development of the country’s own crypto infrastructure. After months of deliberation, Russian lawmakers are also expected to review a bill “On Digital Currency” designed to more comprehensively regulate Russia’s crypto market than the current law “On Digital Financial Assets.”

Do you think Russia will start using cryptocurrencies in foreign trade after the adoption of the new crypto mining law? Share your expectations in the comments section below.

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.

Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and developers and Zksync users can “research and experiment with it.”

On Oct. 28, Shazia from the Matter Labs team announced that the Zksync developers have reached the roadmap’s Baby Alpha Milestone. Developers note that the team has begun the march to Fair Onboarding Alpha and Full Launch Alpha. Zksync is an Ethereum L2 scaling solution similar to the project’s competitors Optimism, Arbitrum, Polygon Hermez, and Loopring. The Baby Alpha Milestone marks the “deployment of the end-to-end system to mainnet,” Shazia detailed.

With the Baby Alpha Milestone, Zksync devs plan to stress-test the infrastructure with various use cases and run security audits. The team will also run contests and bug bounty programs alongside improving “the technical documentation for Zksync 2.0.”

In addition to the Baby Alpha Milestone, Shazia mentioned the L3 proof-of-concept called “Opportunity.” Matter Labs disclosed that it would be creating an L3 scaling solution during the second week of October and it was originally called “Pathfinder.” The L3 proof-of-concept is set to launch in Q1 2023.

“Layer 2 is the first step toward scalability, developer experience, and user experience. Zksync’s EVM-compatible Layer 3 proof of concept ‘Opportunity’ will come to life in the first quarter of 2023, bringing a starfield of 10X moments to Ethereum,” the Matter Labs representative Shazia detailed. The Matter Labs representative said the team will deliver:

The news follows Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on Sept. 15, also known as The Merge. Ether fees have increased to 0.002 ETH or $3.31 for the average ethereum transfer after dropping below the $2 range after The Merge during the last two weeks of September.

What do you think about Matter Labs’ efforts to create an L3 proof of concept built on top of Zksync’s L2? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms

Australia is set to get its first bitcoin exchange-traded fund (ETF) after a report suggested the country's clearinghouse, ASX Clear, confirmed that four market participants agreed to meet its stringent margin requirements. ASX Clear's Margin Requirements An Australian clearinghouse controlling ... read more.

Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and developers and Zksync users can “research and experiment with it.”

On Oct. 28, Shazia from the Matter Labs team announced that the Zksync developers have reached the roadmap’s Baby Alpha Milestone. Developers note that the team has begun the march to Fair Onboarding Alpha and Full Launch Alpha. Zksync is an Ethereum L2 scaling solution similar to the project’s competitors Optimism, Arbitrum, Polygon Hermez, and Loopring. The Baby Alpha Milestone marks the “deployment of the end-to-end system to mainnet,” Shazia detailed.

With the Baby Alpha Milestone, Zksync devs plan to stress-test the infrastructure with various use cases and run security audits. The team will also run contests and bug bounty programs alongside improving “the technical documentation for Zksync 2.0.”

In addition to the Baby Alpha Milestone, Shazia mentioned the L3 proof-of-concept called “Opportunity.” Matter Labs disclosed that it would be creating an L3 scaling solution during the second week of October and it was originally called “Pathfinder.” The L3 proof-of-concept is set to launch in Q1 2023.

“Layer 2 is the first step toward scalability, developer experience, and user experience. Zksync’s EVM-compatible Layer 3 proof of concept ‘Opportunity’ will come to life in the first quarter of 2023, bringing a starfield of 10X moments to Ethereum,” the Matter Labs representative Shazia detailed. The Matter Labs representative said the team will deliver:

The news follows Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on Sept. 15, also known as The Merge. Ether fees have increased to 0.002 ETH or $3.31 for the average ethereum transfer after dropping below the $2 range after The Merge during the last two weeks of September.

What do you think about Matter Labs’ efforts to create an L3 proof of concept built on top of Zksync’s L2? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.

PRESS RELEASE. LD Capital was established in 2016. Its main business involves direct investment and trading. It has established LD Capital X Ecological Fund, Web3 Alliance Incubation Accelerator, and Hero Group Secondary Hedging Asset Management.

In the future, LD Capital’s investment in the field of Web3 will mainly focus on the Ethereum ecosystem, new public chains, GameFi ecosystems, DeFi ecosystems, etc.

LD Capital’s investment philosophy is to grow together with industry pioneers, and to support Web3 entrepreneurs from multiple dimensions such as macro trends, strategic consulting, market branding, and industry relationships. It is the first investor in projects including 50 top industry titles.

Regarding the prediction of future industry development, Jack Yi said that the price of Ethereum in the first two bull and bear cycles has grown dozens of times, and the price will continue to grow dozens of times in the next bull market. At the same time, we will focus on investing in the ecosystem and infrastructure of Ethereum. LD Capital is interested in laying out more technology-oriented and data-oriented ecological applications in the Web3 space. We believe in the tomorrow of Web3 and we look forward to building the industry with these excellent partners.

Please visit the website or follow the LD Capital Twitter feed for more information.

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

PRESS RELEASE. LD Capital was established in 2016. Its main business involves direct investment and trading. It has established LD Capital X Ecological Fund, Web3 Alliance Incubation Accelerator, and Hero Group Secondary Hedging Asset Management.

In the future, LD Capital’s investment in the field of Web3 will mainly focus on the Ethereum ecosystem, new public chains, GameFi ecosystems, DeFi ecosystems, etc.

LD Capital’s investment philosophy is to grow together with industry pioneers, and to support Web3 entrepreneurs from multiple dimensions such as macro trends, strategic consulting, market branding, and industry relationships. It is the first investor in projects including 50 top industry titles.

Regarding the prediction of future industry development, Jack Yi said that the price of Ethereum in the first two bull and bear cycles has grown dozens of times, and the price will continue to grow dozens of times in the next bull market. At the same time, we will focus on investing in the ecosystem and infrastructure of Ethereum. LD Capital is interested in laying out more technology-oriented and data-oriented ecological applications in the Web3 space. We believe in the tomorrow of Web3 and we look forward to building the industry with these excellent partners.

Please visit the website or follow the LD Capital Twitter feed for more information.

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

PRESS RELEASE. ZUG, Switzerland, 28th October, 2022: DecentWorld’s most loyal followers may have already noticed that the website has become almost fully available in Spanish and Portuguese as the Swiss metaverse gaming platform seeks to service more users in different corners of the world. According to the team, the new functionality was a logical business step to improve accessibility for the ever-growing Latin American user base.

The platform is based on a one-to-one copy of the real world in which all streets can be minted as NFTs. Currently, users are able to become the owner of any Street in the world, either through the Primary or Secondary Marketplace, and can combine their Assets into Collections, which, when staked, can generate yield.

“We are thrilled to see the immense growth in the popularity of Web3, especially in Latin America. The usage of the new technology stands to increase by up to 400% in the region, which means that the demand and interest in the metaverse experience will only grow with time. This opportunity encourages businesses and individuals to invest their resources in the industry, so as not to miss out on its potential, and thereby gain a head-start,” the team shared.

In addition to allowing users to mint Streets as NFTs, DecentWorld is also planning to further enrich its 3D environment with various mini-games and quests.

The platform has just launched its first 3D quest game, which allows players to run around Downtown Dubai and collect reappearing cards, each of which is worth a certain sum of DWRLD, the platform’s inner currency. The creative team highlighted that this game is only the first on DecentWorld’s road to becoming an interactive, metaverse gaming platform.

“We are currently working on implementing more gaming elements into our 3D Downtown Dubai. Our goal is to launch even more distinct, engaging games for players to interact with, so they can spend their time fruitfully,” the team added.

One of the most alluring aspects of the metaverse concept is the fact that it has little to no real-world limits. Indeed, any idea can be created, implemented, and adjusted by the platform’s developers and 3D creators.

In its mission to transform not only the blockchain business, but also the way people own real estate, DecentWorld’s ultimate goal is to build a virtual world with real, tangible value. The company’s long-term vision is to create a metaverse platform where users can interact and participate in a variety of activities, such as work, games, shopping, and learning.

About DecentWorld

DecentWorld is a Swiss metaverse digital real estate platform built on blockchain technology to introduce a next-generation Web3 experience. The platform allows members to mint and trade digital Street NFTs, which can then be combined into Collections. Completed and staked Collections have additional value as they generate yield that is paid out to the owner. Using state-of-the-art security features, DecentWorld also stands for trust and transparency in the blockchain industry.

To fully explore the DecentWorld metaverse, please visit www.decentworld.com.

Follow the latest updates on Twitter, Telegram, Instagram, LinkedIn and Facebook.

For further inquiries & talent outreach, please message hello@decentworld.com.

 

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

PRESS RELEASE. ZUG, Switzerland, 28th October, 2022: DecentWorld’s most loyal followers may have already noticed that the website has become almost fully available in Spanish and Portuguese as the Swiss metaverse gaming platform seeks to service more users in different corners of the world. According to the team, the new functionality was a logical business step to improve accessibility for the ever-growing Latin American user base.

The platform is based on a one-to-one copy of the real world in which all streets can be minted as NFTs. Currently, users are able to become the owner of any Street in the world, either through the Primary or Secondary Marketplace, and can combine their Assets into Collections, which, when staked, can generate yield.

“We are thrilled to see the immense growth in the popularity of Web3, especially in Latin America. The usage of the new technology stands to increase by up to 400% in the region, which means that the demand and interest in the metaverse experience will only grow with time. This opportunity encourages businesses and individuals to invest their resources in the industry, so as not to miss out on its potential, and thereby gain a head-start,” the team shared.

In addition to allowing users to mint Streets as NFTs, DecentWorld is also planning to further enrich its 3D environment with various mini-games and quests.

The platform has just launched its first 3D quest game, which allows players to run around Downtown Dubai and collect reappearing cards, each of which is worth a certain sum of DWRLD, the platform’s inner currency. The creative team highlighted that this game is only the first on DecentWorld’s road to becoming an interactive, metaverse gaming platform.

“We are currently working on implementing more gaming elements into our 3D Downtown Dubai. Our goal is to launch even more distinct, engaging games for players to interact with, so they can spend their time fruitfully,” the team added.

One of the most alluring aspects of the metaverse concept is the fact that it has little to no real-world limits. Indeed, any idea can be created, implemented, and adjusted by the platform’s developers and 3D creators.

In its mission to transform not only the blockchain business, but also the way people own real estate, DecentWorld’s ultimate goal is to build a virtual world with real, tangible value. The company’s long-term vision is to create a metaverse platform where users can interact and participate in a variety of activities, such as work, games, shopping, and learning.

About DecentWorld

DecentWorld is a Swiss metaverse digital real estate platform built on blockchain technology to introduce a next-generation Web3 experience. The platform allows members to mint and trade digital Street NFTs, which can then be combined into Collections. Completed and staked Collections have additional value as they generate yield that is paid out to the owner. Using state-of-the-art security features, DecentWorld also stands for trust and transparency in the blockchain industry.

To fully explore the DecentWorld metaverse, please visit www.decentworld.com.

Follow the latest updates on Twitter, Telegram, Instagram, LinkedIn and Facebook.

For further inquiries & talent outreach, please message hello@decentworld.com.

 

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

PRESS RELEASE. October 28, 2022 – Leading cryptocurrency exchange, Bitget, unveils details and awards for King’s Cup Global Invitational (“KCGI”) Fall 2022, its upcoming global crypto futures trading competition. Being Bitget’s third KCGI and celebrating World Cup Qatar 2022 hosted in the same period, the tournament will be themed around football and the mega event. Participants will compete to share a prize pool of up to 100 BTC, and get popular fan tokens, and have a chance to gain a coveted autographed jersey of renowned football star Leo Messi, and popular fan tokens.

KCGI will kickstart the registration period on October 28. In the new edition, Team Battle is closely tied to the World Cup theme, as for the schedule and phased reward system. Moreover, two new reward modes will be introduced; the Invitational Competition rewards players for the number of referrals they bring to the competition, and the Individual Fun Competition allows participants to earn ‘football points’ which can be redeemed for mystery token boxes. Together with the Team Battle, KCGI players will have ample opportunities to team up, trade and win a plethora of rewards.

Bitget recently announced its partnership with Leo Messi, the iconic Argentinian footballer and aims to offer Messi fans a unique opportunity to explore Web 3 and the crypto world while enjoying engagement with the football star. Along with the trophies and awards mentioned above, winners of KCGI have a chance to obtain the autographed jersey of Messi.

Debuted in 2021, the appeal of KCGI has drawn enormous responses as the last two competitions totally received over 12,000 participants. The most recent KCGI Spring competition, KCGI 2022: The Throne’s Calling, closed with a total participation of 4,754 trading enthusiasts from all over the globe.

Gracy Chen, Managing Director of Bitget, comments, “We are glad to see that KCGI has already become one of the most desired events in our community and the industry. The overwhelming responses from traders and the excellent performance of winners push us to take the tournament a step forward. We have optimised the competition system with more options for different sorts of traders and a new theme of the global football mega-event. It is not only about investment, but also fun. As part of our ethos, we want to expand the world of Web 3 to all corners of the globe and all walks of life. Our partnerships with sporting legends reflects our philosophy that better trading and a better life are symbiotic. Bitget’s social trading initiative and our global futures trading tournament, KCGI, are naturally synergistic.”

“The launch of this season’s KCGI also coincides with the integration of our new ‘Bitget Insights’ feature, where crypto trading insights and information can be disseminated in a social media-friendly format – without the shilling, spam or misinformation. We encourage KCGI players, in addition to all our platform users, to use Bitget Insights to seek out smarter trades or technical analyses that may give them the edge on their competition. Not financial advice but, as the last few seasons have shown, the competition is fierce in KCGI.”

For more details on the KCGI Fall 2022, please visit https://www.bitget.com/en/KCGI2022

About Bitget

Established in 2018, Bitget is one of the world’s leading cryptocurrency exchanges with a core focus on social trading. Currently serving over two million users in more than 50 countries around the world, Bitget accelerated its mission to promote decentralised finance with a 600-strong workforce.

Since Bitget’s official launch in the crypto derivatives market in June 2019, the platform has now become one of the world’s largest crypto copy trading and derivatives exchanges and is ranked in the top five globally by CoinGecko for derivatives trading by volume. The leading exchange focuses on transforming the way people connect and trade with social trading. Its flagship offering, One-Click Copy Trade, is nothing short of a pioneer in social trading and has amassed over 55,000 professional traders, with approximately 1.1 million followers, innovating the experience for crypto derivatives traders worldwide.

Adhering closely to its philosophy of ‘Better Trading, Better Life’, Bitget is committed to providing comprehensive and secure trading solutions to users globally, aiming to be the portal that transcends Web2 and Web3, that connects CeFi and DeFi, resulting in an expansive bridge to the vast web of crypto. In September 2021, Bitget announced its sponsorship of world-renowned football team Juventus as its first-ever sleeve partner and PGL Major’s official esports crypto partner soon after. Partnership with the leading esports organisation, Team Spirit was also announced in early 2022.

For media queries, please contact:

sylvia.huang.yq@bitget.com

rachel.cheung@bitget.com

 

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

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