PRESS RELEASE. Nov 14, 2022 – Bitget, a leading global cryptocurrency exchange, announces it has created a 5 million USD Builders’ Fund to assist professional traders, influencers, and affiliates who are affected by the FTX crash.
Within a week, the market witnessed the collapse and then, worse, the exchange revealed that their wallet had been hacked after filing for bankruptcy protection. The company’s remaining funds have been completely wiped out. This chaos continues to harm the entire industry and no one is the winner.
The wide variety of business offerings has led to the inevitable impact of FTX’s decline on the entire Web3 industry. Users of the platform are the most affected by the crisis. FTX’s glory is also due to the outstanding talents and contributors to the platform, including influencers and professional traders. However, they are also the ones who have been impacted a lot by this chaos with a large amount of their assets on the platform.
Bitget is a trusted cryptocurrency exchange that has a strong reputation. We strive to create a positive environment for builders in order to make the crypto world a better place. Bitget has created a 5 million USD Builders’ Fund in order to help affiliates, influencers and professional traders who have been affected by the FTX incident. With the necessary credentials, affiliates can apply for financial assistance from the Builders Fund. The announcement contains more information about the application criteria and the terms & conditions.
Gracy Chen, Bitget’s Managing Director, stated on Twitter that a 5 million dollar “Builders Fund” was prepared to assist innocent victims with other assistance. We would like to use this opportunity to send a message to the market that Bitget and other active builders are still working hard for the crypto world. We should all join hands, support each other, and wait until the dawn to get through this dark time.
About Bitget
Bitget was established in 2018 and is one of the top five most popular cryptocurrency exchanges in the world. It offers innovative products and social trading services, and currently serves over 8 million users in more that 100 countries.
The exchange is committed providing users with one-stop, secure trading solutions. It also aims to increase cryptocurrency adoption through collaborations with creditable partners such as Lionel Messi (Argentinian legend footballer), Juventus, PGL Major’s official esports partner and Team Spirit, the most prominent esports organisation.
Disclaimer: This sponsored press release is intended for informational purposes only. It does not represent the views of Crypto Daily and is not intended to be used for legal, tax, investment or financial advice.

  

PRESS RELEASE. Nov 14, 2022 – Bitget, a leading global cryptocurrency exchange, announces it has created a 5 million USD Builders’ Fund to assist those traders, influencers, and affiliates who were affected by the FTX crash. The fund was established after Bitget filed for bankruptcy protection in the US. The company’s remaining funds have been completely wiped out. The company’s remaining funds have been completely wiped out. FTX’s past glory can also be attributed to the outstanding talents and contributors to the platform, including influencers and professional traders. However, they are also the ones who have been most affected by this crisis. Bitget strives to create a healthy environment for builders to build a better crypto world. Bitget has created a 5 million USD Builders’ Fund to help affiliates, influencers and professional traders who have been affected by the FTX scandal. With the appropriate credentials, affiliates can apply for financial assistance from the Builders Fund. The announcement contains more information about the application criteria and the terms and conditions. Bitget’s Managing Director, Gray Chen, stated on Twitter that the “Builders Fund” has been set up to provide financial assistance to victims in need. It is a 5 million dollar fund. We would like to send a message to the market that Bitget and other active builders are still working hard for the growth of crypto. We should all join hands and help one another during this dark time. This does not represent the views of Crypto Daily and is not intended to be used for legal, tax, investment or financial advice.