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Bitget Wallet launches Refer2Earn feature to build long-term incentive mechanism

Bitget Wallet launches Refer2Earn feature to build long-term incentive mechanism

2024.11.07
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Bitget Wallet launches Refer2Earn feature to build long-term incentive mechanism

Bitget Wallet has added the Refer2Earn feature to its Earn Center.

2024.11.07 - 11:12:51
BitgetWalletRefer2Earn
Bitget Wallet has added the Refer2Earn feature to its Earn Center.

Author: Bitget Wallet

Recently, Bitget Wallet, a leading global Web3 wallet, launched Refer2Earn—an innovative referral rewards feature within its Earn Center. This marks the industry’s first long-term incentive mechanism specifically designed for Web3 wallet users. Unlike one-off campaigns, Refer2Earn is a core component of Bitget Wallet’s long-term growth strategy. Through a sustainable revenue-sharing model, it builds strong social connections among users and creates a stable, ongoing source of income. The introduction of this innovative mechanism not only enhances the social dimension of Web3 wallets but also reinforces Bitget Wallet’s leadership position in the Web3 space.

Socialized Referral Rewards: Earn Passively Over the Long Term

Any user can earn extra rewards by inviting friends to use Bitget Wallet. Referrers receive an initial reward when a referred user downloads and creates a wallet, and additionally earn a 10% bonus airdrop from the platform whenever the referred user participates in earning activities. These earning opportunities offer diverse rewards, including tokens or points from popular projects, enabling users to generate returns at minimal cost. The referral incentive period lasts up to six months, with no cap on the number of friends you can invite.

Building a Sustainable Growth Engine

The launch of Refer2Earn is a key part of Bitget Wallet’s long-term growth strategy. By offering users a simple, transparent referral system and consistent incentives, it fosters sustained user engagement. It also provides Web3 projects with an efficient channel for user acquisition, thereby empowering ecosystem growth. More importantly, through deep integration with mainstream social platforms like Telegram, Bitget Wallet aims to bridge the gap between Web2 and Web3 user growth. By leveraging social incentives, it enables users to turn their networks into income streams, fueling continuous expansion of the Web3 ecosystem.

To date, Bitget Wallet’s “Earn Center” has distributed over $1.878 billion worth of token and point rewards, creating substantial earning opportunities for users. Alvin Kan, Chief Operating Officer of Bitget Wallet, said: "The launch of Refer2Earn represents not just an innovation in traditional user growth models, but also an active exploration toward broader Web3 adoption. By building a sustainable incentive framework, we aim to work alongside users and the wider industry to drive the prosperity of the Web3 ecosystem. Bitget Wallet is more than just a decentralized Web3 wallet—it’s a powerful tool that helps users easily generate passive income."

About Bitget Wallet

Bitget Wallet has over 40 million users worldwide and is the most downloaded Web3 wallet. It supports multiple wallet types, including mnemonic phrase wallets, MPC passwordless wallets, AA smart contract wallets, and hardware wallet integration, across App, browser extension, web, and Telegram platforms. The wallet supports over 100 major public blockchains, hundreds of EVM-compatible chains, and more than 500,000 crypto assets. As a decentralized ecosystem platform, its features include Swap trading, market analytics, Launchpad, DeFi staking, inscriptions, NFT marketplace, DApp browser, and Earn Center. It aggregates liquidity from hundreds of leading DEXs and cross-chain bridges, enabling seamless cross-chain transactions across more than 50 chains, helping users explore new assets and seize investment opportunities. Bitget Wallet also maintains a robust security framework and shares a $300 million risk protection fund with Bitget.

For more information, visit: Website | Twitter | Telegram | Discord

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