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Community operation guide

1. Core objectives of community operations As a Bitget affiliate, our goal in community operations is to attract users to register and trade, while boosting their loyalty to the platform through effective communication and event planning. The core objectives include: User management: Concentrate on serving high-value clients. Trading activity: Encourage users to trade through promotions and incentives. Branding: Enhance Bitget's recognition and trust within the crypto community. 2. Communication guide: The key to effective engagement Clear, professional, and engaging communication skills are the cornerstone of community operations. Below are script templates for different scenarios, provided as a reference for affiliates to adapt as needed: Welcome new users to the community Objective: New users can feel the enthusiasm and quickly understand the advantages of the community. Script template: Hi all, Welcome to the Bitget community! 🎉 Bitget is the world's leading cryptocurrency trading platform, offering spot, futures, and copy trading services, with over 800 coins to choose from! 💰 🔥 New user exclusive perks: Sign up with [your referral code] to enjoy a 20% discount on transaction fees! Feel free to contact me anytime and start your crypto investment journey with ease! 🚀 Note: This script includes a referral code to highlight Bitget's features such as copy trading and low transaction fees. FAQ Objective: To respond quickly to user queries and increase trust. Script template: @User Thank you for your question! Bitget offers the following support for [questions, such as deposits/withdrawals/trading]: ✅ Deposit: Supports multiple methods, including bank cards, P2P trading, and more, with a minimum deposit of just 15 USDT! ✅ Security:The $700 million Protection Fund with a 240% reserve ratio ensures the safety of your assets! For more details, refer to the Bitget website Help Center: www.bitget.com/en Feel free to message me if you have any questions! 😊 Note: Please maintain a professional tone, offer detailed information, and guide users to official resources. Promotion or perks Objective: To stimulate user interest in trading or participating in promotions. Script template: 🚨 More Perks! Bitget is launching its latest promotion! 🎁 📌 Promotion: Join the Launchpool/CandyBomb trading competition to grab a share of incentives up to [incentive amount] USDT! 📌 Time: [Promotion period] 📌 How to participate: Use [Promotion URL] to sign up and complete tasks! Join now to earn incentives! 💸 For more details, feel free to message me or visit the Bitget website! Note: Highlight incentives and participation methods to create a sense of urgency. Encourage trades Objective: To encourage users to try out Bitget's special features, such as copy trading. Script template: Still worried about trading strategies? 😓 Try Bitget copy trading! 🌟Follow top traders at no cost, copy their trades automatically, and earn profits with ease! 🌟Suitable for beginners: Choose from 800+ coins such as BTC and ETH without the need for complex analysis! 👉Sign up via [your referral link] and start smart trading! Any questions? Ask me anytime! Note: Copy trading has a low entry barrier and is beginner-friendly. 3. Recommended App group tools To effectively retain users and manage the community, we recommend the following tools for building and managing the Bitget affiliate community: Main tool: Telegram Reasons: Telegram is the most popular instant messaging tool in the crypto community, widely used by users globally. It supports group features, accommodates a large number of members, and is ideal for community interaction. Bots can be used to automatically push promotion information, price alerts, and more. Suggestions: Create an exclusive Bitget affiliates Telegram group and name it "Bitget Official Community — [Your Affiliate Name]". Configure a Telegram Bot (such as @BitgetBot) to push Bitget announcements, promotion links, or market updates. Set group rules, prohibit irrelevant advertisements, and maintain a professional atmosphere. Pin messages to the top for important promotions or announcements. Examples (group announcement): 📢 Welcome to the official Bitget community! This is an exclusive space to discuss crypto trading and share Bitget perks! ✅ Group rules: Do not advertise, respect others, and do not share sensitive information. ✅ Benefits: Participate in promotions to earn USDT incentives! For more details, see the pinned message. Any questions? @Administrator or DM me! 🚀 Support tool: WeChat Reasons: WeChat is highly popular among overseas Chinese-speaking users, making it an effective channel for reaching this audience. WeChat groups are convenient for daily interactions, but due to the 500-member limit, managing multiple groups may be necessary. Suggestions: Create a WeChat group and name it "Bitget Trading Group — [Your Affiliate Name]". Share Bitget promotion posters, short videos, or links to tutorials in the group on a regular basis. Use a Mini App (such as the official Bitget Mini App) to share a trading link or referral code. Pay attention to WeChat group compliance to avoid sensitive words or high-risk topics. Other tools: Discord and WhatsApp Discord: Suitable for international users, especially in Europe and North America. It supports voice communication and multi-channel management. WhatsApp: Suitable for users in regions such as Southeast Asia or South Asia. It is user-friendly but offers relatively basic functionality. Recommendation: Select 1 to 2 tools based on your target audience. 4. Daily maintenance and operation To maintain community engagement and user retention, affiliates need to establish daily maintenance schedules and regularly host promotion activities. Recommendations: Daily maintenance schedule Objective: To maintain community engagement and increase user trust through daily interactions. Daily tasks: Morning news (9:00 AM – 10:00 AM): Publish a cryptocurrency market bulletin, such as "BTC up 2% today, Bitget spot trading supports over 800 coins, so don't miss out! ". Share official Bitget announcements or updates on trending coins. User QA (all day): Answer questions from group members in real-time, with priority given to frequently asked questions such as deposits, withdrawals, and identity verification. Use the template to respond quickly and uphold a professional image. Evening promotion preview (6:00 PM – 8:00 PM): Push Bitget promotions of the following day or week, such as Launchpool and trading competitions. Example: "The Bitget CandyBomb promotion starts tomorrow and you can grab a share of 5000 USDT! Get your account ready now! " Data monitoring: Use Telegram or WeChat group management tools to calculate active users and message interactions. Keep track of new users who sign up using the referral code and monitor their trading activity. Tool support: Use the Rewards Center or official announcements on the Bitget website to get the latest promotion information. Use Telegram Bot to automatically send price alerts or promotion notifications Promotion planning Objective: To attract new users and motivate existing users to trade through promotions. Promotion types and recommendations: New user onboarding promotion: How it works: New users who sign up and complete their first deposit (minimum of 15 USDT) will receive a small incentive (such as 5 USDT or BGB). Templates: · 🌟 New user exclusive perks! · Sign up on Bitget now and deposit 15 USDT to get 5 USDT! 👉 Click [your referral link] to join now! Instructions: Publish a promotion poster in the group to guide users to DM for incentive claims. Trading challenge competition: How it works: Encourage users to participate in spot or futures trading, with incentives given once their trading volume meets a certain threshold. Templates: 🏆 The Bitget trading competition is in full swing! 📌 Promotion period: [date] 📌 Rule: Reach a trading volume of [amount] USDT to grab a share of the [prize pool] USDT pool! 👉 Join now: [Promotion link] Instructions: Join Bitget official promotions (such as CandyBomb and Launchpool) to update rankings and incentives in real-time. Knowledge sharing sessions: How it works: Host a weekly online session to explain Bitget features (such as copy trading and futures trading) or provide market analysis. Templates: 📚 Time for This Week's Knowledge Share! 🕒 Time: [Date Time] 📖 Theme: How to earn passive income with Bitget copy trading 🎁 Join for a chance to earn 10 USDT! Register now! Instructions: Host the session via Telegram Voice Chat or WeChat Live, and record the content so users who couldn't attend can watch the replay later. Community interactive games: How it works: Use price predictions and crypto quizzes to incentivize active users. Templates: 🎲 Guess the price and earn incentives! Predict next week's BTC price. The user with the closest guess will win 10 USDT! 📩 DM me your answer by [date] Instructions: Set clear and simple rules to ensure fairness and transparency, and announce the list of winners. Promotion frequency: Daily: Share updates and answer user questions Weekly: One knowledge sharing session or trading challenge competition Monthly: One major promotion (such as Launchpool in collaboration with Bitget official) Note: Ensure promotion compliance and avoid promising unrealistic return. Use official posters, links, and other materials from Bitget to enhance the credibility of your promotions. Collect user feedback regularly and optimize the promotion format. 5. Key notes Compliance: Comply with Bitget's terms of use and local laws and regulations and refrain from publishing misleading information. Users are advised to be cautious of trading risks and avoid sensitive terms such as "guaranteed profit." Exaggeration or misleading statements (such as "I have insider information") are prohibited. Claims or implications of an employment, delegation, or other contractual relationship with Bitget are not permitted unless explicitly authorized. Data transparency: Regularly display Bitget's Proof of Reserves and Protection Fund information to enhance trust. User tier management: Exclusive services such as one-on-one mentoring are provided for highly active users, such as large-volume traders. Beginner's tutorials are available to new users to lower the barrier to entry. Continue learning: Follow Bitget's official website and social media platforms (such as X @Bitgetglobal) for the latest news. Join the Bitget Builders or Master recruitment program for more resources. 6. Summary Bitget affiliates can effectively manage their communities, enhance user engagement, and boost trading volume through professional communication skills, suitable app community tools, and diverse operational promotions. Daily maintenance, along with Bitget's innovative features such as copy trading and Launchpool, will help you build an active and efficient community ecosystem. For more support, contact Bitget customer service (support@bitget.com/en) or visit www.bitget.com/en for the latest resources! 🚀 Disclaimer: This document is strictly confidential and intended solely for internal training and strategic reference by Bitget affiliates. Unauthorized distribution or public release is prohibited. All promotion examples, data, and incentive programs presented are for reference only and are subject to change. Actual promotions are subject to official Bitget platform announcements. Promotion execution must comply with Bitget platform policies and all applicable local laws and regulations in affiliates' and users' jurisdictions. This document does not constitute investment advice, nor does it constitute an offer, solicitation, or promotion of any cryptocurrency product or service. Affiliates must adhere strictly to platform compliance requirements and ensure full user awareness of associated risks when conducting activities.

Affiliate categories and guide to user acquisition and viral growth

In the growth journey of crypto affiliates, efficient user acquisition, and viral growth are core objectives for achieving scalable operations. In practice, different types of affiliates possess their own unique resources and strengths, requiring tailored strategies to fully leverage their competitive edge. Analytical, service-oriented, and traffic-driven affiliates each target different user segments, acquisition methods, and viral growth mechanisms. This guide systematically outlines the target audiences, resource foundations, and growth paths for each affiliate type based on the affiliate traits, helping affiliates identify the most suitable development model. It also provides actionable strategies for user acquisition and viral growth to support continuous user base growth. 1. Analysis-savvy affiliates: deep content and trust-based growth These affiliates focus on in-depth market analysis, technical insights, and industry expertise. Their followers typically consist of highly knowledgeable crypto investors, such as seasoned traders or high-net-worth individuals, who value data-driven logic and professionalism. Though their communities may not be the largest, each user exhibits high trading activity, contributing transaction volumes far above average. This type of affiliate operates independently instead of relying on teamwork, making it easy to start, but requires strong content creation skills, a solid technical analysis foundation, and a long-term commitment to building credibility. Ideal for those who are: Passionate about market research, with a strong interest in finance and blockchain. Capable of consistent, high-quality content output with professional trading signals and analysis. Willing to build a social media presence with a follower base. Operation characteristics: Primary platforms: YouTube, Zhihu, X—deep dives into market trends and practical experience. Set entry barriers (such as asset verification or minimum deposit) to filter high-quality members. Regularly prune inactive or suspicious accounts to maintain community purity. Track content performance via unique referral codes and adjust strategies accordingly. Acquisition tactics: In-depth content collaboration: publish technical analysis articles or videos. Example: A KOL released a video titled "Finding the top-performing altcoins in the coming months," analyzing promising altcoins using candlestick charts, market sentiment, and Bitcoin trends. Live streams/AMA: Host live streams or AMA sessions on Bitget discussing platform features, market analysis, or trading strategies. Offer exclusive perks (such as signup trading bonuses) and guide viewers to sign up via affiliate links. Example: A KOL's live stream of Bitget's grid trading strategy attracted 5000 viewers, with 10% signing up through their link, demonstrating great conversion results. Viral growth tips: Exclusive signal groups: Launch paid groups sharing proprietary trading signals to attract high-quality followers. Share trading strategies or platform promotions provided by affiliates on a regular basis to enhance user stickiness. Example: A KOL's 8888 USDT entry group attracted 1000 users, with 80% of them inviting new members via referral incentives (such as fee discounts for inviting three friends), driving 200 new sign-ups. Proven track record: ROI is the ultimate credibility metric. It's important to build a reputation that withstands time and market volatility. Example: A top-ranked trader on an exchange's elite leaderboard silenced skeptics by turning a newly registered account with 100 USDT in principal into a top-performing account in three months, proving skills and professionalism over capital size. 2. Traffic-driven affiliates: viral, engaging content and mass appeal Traffic-driven affiliates attract a broad, young audience with entertaining and humorous content. They specialize in creating topics through short videos, memes, or fun challenges, with fans focusing more on the fun and interactive nature of the content. Such a practice prioritizes user acquisition speed and scale over single-user transaction volume. Their communities are large but less curated. Ideal for those who are: Targeting emerging markets, with multi-platform (global/local) exposure, assembly-line content production, and batch community management. Skilled in channel building, traffic funneling, or referral programs. Adept at content repurposing, trend-grabbing, referral programs, and large-scale promotions. Operation approaches: High-frequency, multi-platform content synchronization and regular engagement activities Community focus: Trading signals, news, and incentives broadcasted across different groups simultaneously Prioritize curated high-yield and high-potential users over 1-on-1 service Daily performance reviews in terms of conversion and user behavior via affiliate dashboards due to data sensitivity Acquisition tactics: Short video challenges: Create Bitget-themed short videos like "Bitget newbie trading challenge" or "Build your initial stake with Bitget," showing a simple signup process and embedding affiliate links. Example: An affiliate published a "30-second sign-up to win 100 USDT" meme video combining funny emoticons and music, garnering 100,000 views and over 500 new users. Meme marketing: Leverages the popular meme culture within the crypto community to create Bitget-related meme images or videos, embedded in affiliate promotion content. Posts on social media platforms (such as Weibo and X) to push reposts from followers. Example: A "when you buy BTC dips on Bitget" meme published by an affiliate went viral, driving 300 new users to sign up via the affiliate link. Viral growth tips: Giveaways: Host "sign up on Bitget to win an iPhone" or "complete the first trade to win BTC Pop Grab" giveaway activities. Boost the exposure through its entertainment attribute. Example: A community held a Bitget new user giveaway activity, requiring users to sign up and complete identity verification. It attracted 2000 participants, 50% of whom completed the first trade, demonstrating significant user acquisition performance. Viral challenge: Create engaging activities like the "Bitget financial freedom challenge"—where users are encouraged to share their trading achievements (such as small profit screenshots) and tag friends to participate. By integrating unique affiliate referral links, this strategy drives organic growth through social sharing. Example: An affiliate launched the "earn 1000 USDT within a week with Bitget" challenge. Users need to share trade screenshots and invite three friends. The challenge attracted 500 participants and added another 200 new users. 3. Community-oriented affiliates: engagement and loyalty Community-oriented affiliates focus on building and managing crypto communities across platforms like WeChat, Telegram, and Discord. They prioritize user interaction and long-term relationship nurturing, driving transactions through high-touch service. These affiliates excel in small-team collaboration, offering frequent 1-on-1 support—resulting in high user activity and loyalty—but requiring significant effort in community management. Ideal for those who are: In possession of strong networks or willingness to form partnership teams. Passionate about community organizing, activity planning, and delivering exceptional service and management. Aiming at scaling up operations by division of labor, balancing user acquisition and retention. Operation characteristics: Adopt a hybrid approach combining "profit showcase" posts across platforms with elite trading livestream sessions and deep community engagement in WeChat/Telegram groups. Distribute team-produced operational materials through sub-affiliates to create a content amplification network. Implement screening mechanisms (such as incentive redemption, and asset verification) to pre-qualify users, with a service-first approach to boost retention. Adopt data-driven operations and regularly analyze user behavior and activity performance for precise incentive distribution and targeted follow-ups. Acquisition tactics: Exclusive community activities: Affiliates can design independent competitions or engagement activities beyond Bitget's official promotions. During the operation process, it is necessary to complete the production of preliminary materials such as promotional posters for community outreach, verify the eligibility of participating users, and promptly confirm the list of winners. At the same time, by reviewing each activity, users who did not meet the criteria can be identified for targeted follow-up actions, thereby continuously improving community quality and engagement. Example: A Telegram community once organized a "Bitget futures trading competition" on its own initiative. To boost conversion and user retention, the competition offered a high-value pool of 5000 USDT and required all participants to register through an exclusive affiliate link. Ultimately, the competition attracted 300 new users to register, achieving an impressive 80% conversion rate, effectively driving community growth and high-efficiency user acquisition. Industry news sharing: Affiliates help users gradually build familiarity and confidence in the crypto industry by consistently sharing daily news from the Affiliate Academy. This reduces beginners' uncertainty and skepticism about the market while sparking their interest in deeper engagement. Example: An affiliate regularly shared the "crypto market daily digest" to keep community members updated on the latest industry trends. Over time, members began actively discussing relevant projects and market conditions. The affiliate then introduced a series of Bitget platform tutorials (such as identity verification and futures trading guides), systematically guiding users from being aware to signups and eventually actual trading—effectively boosting conversion results. Viral growth tips: Community referral Pop Grabs: Distribute Bitget-exclusive Pop Grabs in groups, available to claim only after users sign up and complete their first trade. Users are encouraged to invite friends to join the community, further amplifying the referral activity. Example: A KOL distributed Bitget newcomer Pop Grabs to a Discord group and required participants to invite two friends to join. The activity brought 100 new users to sign up. Tiered membership system: Launch the "Bitget community VIP program" where users are upgraded to higher VIP levels and unlock higher rebates or perks by inviting friends to sign up. Example: An affiliate community launched a Bitget VIP referral program. Users can enjoy VIP status by inviting five friends. The promotion attracted 500 participants and added 150 new users to sign up. Key takeaways and reminders Different types of affiliates are suited for different user acquisition and referral strategies: Analysis-savvy affiliates: Ideal for attracting high-value users through in-depth content and trust-building endorsements. The key growth driver lies in referral bonuses and trading signal groups. Traffic-driven affiliates: Excel at engaging younger audiences with entertaining content and viral marketing tactics. The focus for growth centers around giveaways and challenge-based activities. Community-oriented affiliates: Achieve precise conversions through highly engaged communities, with growth fueled by high emotional engagement and refined membership program operations. Note Compliance: Ensure all promotional materials adhere to Bitget's brand policies and local regulatory requirements, avoiding exaggerated profit claims or misleading marketing. Data tracking: Utilize Bitget's affiliate dashboard to monitor signup, identity verification, and trading data in real time, optimizing user acquisition strategies. By selecting the most suitable affiliate development path based on your unique strengths—and implementing precise traffic-driving methods and growth techniques—Bitget affiliates can achieve efficient user acquisition and rapid user base growth. We hope these examples and strategies inspire your promotional efforts! Disclaimer: This document is strictly confidential and intended solely for internal training and strategic reference by Bitget affiliates. Unauthorized distribution or public release is prohibited. All activity examples, data, and incentive programs presented are for reference only and are subject to change. Actual activities are subject to official Bitget platform announcements. Activity execution must comply with Bitget platform policies and all applicable local laws and regulations in affiliates' and users' jurisdictions. This document does not constitute investment advice, nor does it constitute an offer, solicitation, or promotion of any cryptocurrency product or service. Affiliates must adhere strictly to platform compliance requirements and ensure full user awareness of associated risks when conducting activities.

Web3 KOL beginner's guide

Becoming a Bitget affiliate is a smart way to earn while stepping into the Web3 space. This guide helps potential affiliates navigate the Web3 ecosystem, establish themselves as KOLs, produce engaging videos and written content, and develop sustainable strategies for audience growth and retention. 1. Crash course on the Web3 landscape Web3 marks a new chapter of the internet. Powered by blockchain, it shifts control back to users via decentralization and ownership of digital assets. As a Bitget affiliate, understanding Web3 fundamentals is key to building credibility. Here's a step-by-step guide: Learn core concepts: Start by familiarizing yourself with Blockchain, cryptocurrencies, DeFi (Decentralized Finance), NFTs (Non-Fungible Tokens), and crypto wallets. We recommend exploring the Bitget Blog (web3.bitget.com) and the Bitget Academy (https://www.bitget.com/en/academy) for trend updates. Stay updated on market trends: Subscribe to trusted Web3 social media platforms such as BlockBeats, CoinDesk, and Bitget Wallet to keep track of real-time trends and industry developments. Engage with the community: Join the Web3 community on Discord, Telegram, or X to exchange insights with professionals and gain industry awareness fast. For example, participating in Bitget Wallet's community activities offers exposure to inscriptions and the broader DeFi landscape. Hands-on experience: Download Bitget Wallet to explore BRC-20/ARC-20 inscription trading or join airdrop promotions — hands-on experience is the best way to deepen your understanding. Recommended learning websites: Ethereum.org: The official Ethereum website offers a rich collection of tutorials and documentation, suitable for both beginners and advanced users. Soliditylang.org: The official site for Solidity provides in-depth programming guides and references. Consensys Academy: As a core contributor to the Ethereum ecosystem, Consensys offers a wide range of online courses and training programs to help developers and entrepreneurs grasp the fundamentals and use cases of Web3. Dapp University: A video-based learning platform dedicated to DApp development, featuring tutorials on tools such as smart contract development, Web3.js, and Truffle. CryptoZombies: An interactive platform that teaches you how to write smart contracts in Solidity by building a zombie-themed game — perfect for beginners. Linux Foundation blockchain courses: Offers extensive training on blockchain technology, including institution-grade blockchain solutions and technical implementations. Reddit communities: Subreddits such as r/ethdev, r/ethereum, and r/CryptoCurrency feature active discussions on the latest Web3 technologies, projects, and trends. Medium and GitHub: Many developers write articles on Web3 and blockchain technology on Medium, sharing project code and open-source tools on GitHub. Coursera and Udemy offer a wide range of blockchain and Web3 courses, taught by leading institutions and industry professionals. Tips: Dedicate 30 minutes daily to reading industry news and join one weekly discussion. You'll gain a solid Web3 foundation in a month. 2. How to become a Web3 KOL KOLs (Key Opinion Leaders) build influence by sharing expert content. Here's how to start your Web3 KOL journey: Positioning: Pinpoint your unique strengths and define your target audience. The needs of newcomers differ greatly from those of crypto veterans (OGs). Clarify your personal skills and expertise while addressing the expectations of your specific audience. You're not here to please everyone. Real influence comes from serving a clearly defined group of audience. Build a personal brand: Your first video should offer a genuine introduction: who you are, your background, the values you stand for, and the kind of impact you aim to make. Authenticity is key — trust grows from sincerity. Continuous output: Share 1 – 2 in-depth posts each week, such as market insights or tutorials, and keep the conversation going with your followers. Use trending topics early to kickstart growth. As your account matures, focus on timeless insights and structured content to build lasting influence and a loyal audience. Collaborate for credibility: Team up with Bitget or other KOLs. For instance, participating in Bitget Wallet's airdrop promotions helps you strengthen credibility. Optimize with data: Analyze performance metrics (such as likes and shares) to adjust your content accordingly. Be mindful of KOL marketing. Excessive commercialization may lead to follower attrition. Case study: Female KOLs like Gracy and Mandy have attracted significant attention through Bitget AMAs by combining their expert insights with personal storytelling. 3. How to create engaging Web3 videos Videos are a powerful way to attract a wider audience. Here are some tips for creating effective Web3 content: Topic clarification: Define a clear topic for each period of content. Center your sharing around this topic, and source high-quality information from multiple channels. Cross-check and verify all details for accuracy. Equipment and tools: Hardware: A smartphone (set to record at its highest resolution) and a simple tripod are enough to get started. Ensure good lighting and a clean background. Software: Edit with CapCut or Adobe Premiere to enhance the viewing experience with subtitles and dynamic effects. Script and structure: Intro (The golden 2 seconds, 0:00 – 0:10) Visuals: Quick switching screen — blockchain code flow, Bitget app interface, Bitcoin price surge chart, combined with dynamic electronic music. Narration/Subtitles: "Curious about how to earn your first pot of gold in the Web3 era? " (Visual freeze on the Bitget logo and subtitle zooms in: "Web3 investing — Bitget takes you higher! ") Technique: Start with an intriguing question + visual impact + suspense. Middle section (0:10–1:10) Visuals: Show how to use the Bitget app (from signup and deposit to trade), intercut with scenes of users' profit alerts and friendly narration. Narration/Subtitles: "Web3 is the future — blockchain, NFTs, and DeFi are reshaping the world! Get started with Bitget in just three steps: Create an account — done in just one minute! Deposit USDT — globally accepted. Pick trending coins — start trading easily! Tips: Follow Bitget's market insights to catch the next big surge! (Visual: User checking candlestick charts on Bitget; subtitle: "90% of beginners start here!" ) Technique: Deliver practical steps (three-step guide) + astonishing data (90% of beginners) + mid-section recap (emphasizing simplicity). Ending (1:10-1:30) Visuals: A delighted user grins at their smartphone. The scene transitions to the Bitget logo, set to an inspiring musical track. Narration/Subtitles: "Join Bitget now and start your journey toward Web3 wealth! Tap the link to sign up and claim your welcome perks. Want to know which coins are set to pump next week? Follow me — I'll break it down every week. Thanks for watching! " (Visuals: QR code with an animated "Follow" button.) Technique: Clear CTAs (sign up + follow) + emotional closing (motivation) + preview of upcoming content + viewer appreciation. Additional tips Bitget style guide: Take inspiration from official Bitget videos — clean, bright visuals with a professional yet friendly tone. Avoid overly serious or crass humor. Interactive elements: Pin a question in the comments on platforms like TikTok or Bilibili, such as "Which Web3 project are you most bullish on? " This builds community participation. Data support: Cite real-world statistics to enhance credibility. (Example: "In 2024, the DeFi market surpassed $100 billion.") Multilingual subtitles: For a global reach (such as on YouTube), include bilingual subtitles — English and Chinese. 4. How to write compelling content Copywriting is essential for capturing attention and communicating brand value. Here are some tips tailored for Web3 copywriting: Address pain points: Target your audience (such as crypto beginners) by solving their core concerns. For example: "Confused by the high entry barrier into Web3? Bitget Wallet makes onboarding as simple as one tap! " Keep it concise: Keep paragraphs under three lines. Emphasize key information, like high affiliate commissions or BGB airdrop promotions. Storytelling: Use user testimonials or personal experiences to create emotional resonance. For example: "How did a beginner make great profits as a Bitget affiliate? Here are the 3 steps that made it possible! " Call to Action (CTA): End every piece of content with a clear CTA. For example: "Sign up as a Bitget affiliate now and start your journey to Web3 wealth! " SEO optimization: Include keywords like "Web3 affiliate" or "Bitget Wallet" in both the titles and the body text to improve search rankings. Case study: Looking to make your first crypto profits in Web3? Join Bitget's affiliate program with zero barriers and high commissions! Join Bitget Wallet, claim your BGB airdrops, and take your first step toward financial freedom! Sign up now! 5. How to bring public traffic into the private domain Turning public traffic (such as Bitget Live viewers and TikTok or X followers) into private traffic (like WeChat groups or Telegram communities) is key to long-term retention and growth. Here's how to do it: Create private channels: Set up Telegram or WeChat groups where you can share exclusive content, such as Bitget affiliate tutorials or insider market insights. Instruct users to join via public content, such as "Join my Telegram group for the latest Bitget airdrop strategies! " Value delivery: Your private domain must offer content unavailable in public spaces, like one-on-one support, Bitget trading discount codes, or access to exclusive investment opportunities. Interaction and incentives: Host regular activities within your private groups. For example, host an event to explain the rules of the Bitget BGB credit airdrop to boost engagement. Useful tools: Leverage CRM tools (such as the free version of HubSpot) to manage your private audience. Track user preferences and deliver targeted Bitget-related content. Data tracking: Use short links (like Bitly) to monitor the conversion rate from public to private traffic. Refine your content strategy based on performance insights. Case study: Bitget Wallet attracted public users into its official Telegram community through the BGB airdrop promotion, building a sticky and high-value private traffic pool. 6. Conclusion Becoming a Bitget affiliate is the fastest path into Web3. By quickly learning Web3 fundamentals, building your KOL presence, creating quality videos, crafting compelling copy, and effectively converting public traffic into private audiences, you can stand out in the Web3 space. Become a Bitget affiliate now! Earn with your knowledge and thrive in the Web3 journey. Disclaimer: This document is strictly confidential and intended solely for internal training and strategic reference by Bitget affiliates. Unauthorized distribution or public release is prohibited. All activity examples, data, and incentive programs presented are for reference only and are subject to change. Actual activities are subject to official Bitget platform announcements. Activity executions must comply with Bitget platform policies and all applicable local laws and regulations in affiliates' and users' jurisdictions. This document does not constitute investment advice, nor does it constitute an offer, solicitation, or promotion of any cryptocurrency product or service. Affiliates must adhere strictly to platform compliance requirements and ensure full user awareness of associated risks when conducting activities.

Affiliate core responsibilities

What is an affiliate? In the crypto world, an affiliate refers to an individual or entity that works with an exchange. Bitget affiliates earn commissions and other benefits by promoting Bitget's trading services, bringing in new users, and maintaining client relationships. In short, affiliates act as a bridge between Bitget and potential users. By leveraging your resources, networks, and market influence, you can help Bitget expand its user base and trading volume. As a leading global cryptocurrency exchange, Bitget sees affiliates as a key part of its ecosystem, driving both brand awareness and market growth. Affiliates are typically not employed by the platform, but work as partners. They bring new users to Bitget's trading services (spot, futures, copy trading, and more) through promotions, marketing strategies, and community management efforts. Affiliates earn a share of transaction fees generated by their referrals as well as other incentives. What are the affiliates' responsibilities? The core responsibilities of Bitget affiliates are multi-faceted, including marketing, user support, compliance, and data analysis. Here's a breakdown of the main areas: 1. Marketing and user acquisition (attracting attention and new users) Promote the Bitget platform: Affiliates are expected to promote Bitget's brand and highlight Bitget's strengths, such as low transaction fees, deep liquidity, and copy trading, through both online and offline channels. Promotion methods include social media marketing, content creation, offline activities, or sharing referral links. Attract new users: Share your exclusive referral link or code to invite new users to sign up and complete identity verification. To improve conversion, leverage Bitget's welcome offers such as signup bonuses. Build community: Create and manage local communities (e.g., groups on Telegram, WeChat, or Discord), to share Bitget updates, trading strategies, and market insights to increase user engagement and loyalty. 2. User support and relationship management (community operation) Reply to inquiries: Affiliates should help users understand Bitget products, such as copy trading, futures trading, and Launchpad, and guide beginners through deposits, trading, and tool usage. Offer personalized support: For high-net-worth individuals or active traders, affiliates may need to provide 1-on-1 service, recommending suitable trading strategies or products to enhance the user experience. Collect feedback: As a bridge between users and Bitget, affiliates are expected to gather user feedback for Bitget, helping the platform improve its services. 3. Compliance and risk management (risk control) Comply with local regulations: Affiliates must ensure all their promotional activities comply with the laws and regulations of their respective countries or regions, and avoid false or misleading advertising. Maintain transparency: Affiliates should clearly communicate the risks of crypto trading to users, such as potential losses from market volatility or the use of leverage, to help users make informed decisions. Support identity verification: Affiliates may need to assist users in completing Bitget's identity verification to meet account compliance and the platform security requirements. 4. Data analysis and performance optimization (reflection) Track performance: Affiliates can monitor the performance of their referral links on Bitget's affiliate portal, including click-throughs, sign-ups, and trading volume, and assess the effectiveness of their promotion activities. Optimize marketing strategies: Affiliates should adjust their promotional tactics based on the performance data. For example, tailor content to different user segments or boost visibility on trending platforms. Achieve targets: Bitget may set user growth or trading volume targets for affiliates. Those who achieve the targets become eligible for higher commissions or bonuses. Summary The core responsibilities of Bitget affiliates include user acquisition, user support, compliance, and performance improvement. Affiliates are more than ambassadors of the Bitget brand. They act as vital links between Bitget and its users. Through effective marketing and quality service, affiliates earn commissions while helping Bitget grow its market share. Becoming a Bitget affiliate requires sharp market insight, strong communication skills, and a passion for the crypto industry. Risk warning: Crypto trading involves significant risks. Affiliates must clearly inform users of these risks and comply with relevant regulations when promoting the platform. Bitget shall not be liable for compensation or other responsibilities for any investments. Disclaimer: This document is strictly confidential and intended solely for internal training and strategic reference by Bitget affiliates. Unauthorized distribution or public release is prohibited. All promotion examples, data, and incentive programs presented are for reference only and are subject to change. Actual activities are subject to official announcements on Bitget. Promotion execution must comply with Bitget platform policies and all applicable local laws and regulations in affiliates' and users' jurisdictions. This document does not constitute investment advice, nor does it constitute an offer, solicitation, or promotion of any cryptocurrency product or service. Affiliates must adhere strictly to platform compliance requirements and ensure full user awareness of associated risks when conducting activities.

Introducing Bitget Premier Card

Bitget is proud to introduce the Bitget Premier Card, a Singapore Dollar (SGD)-based payment solution designed for seamless global transactions using digital assets. This innovative card enables you to make purchases worldwide, regardless of the merchant's currency, with funds deducted directly from your Bitget Premier Card. Key Features of Bitget Premier Card Bitget Premier Card offers an array of unique features designed to make global payments effortless and cost-effective: ● Competitive Rates: Bitget Premier Card offers some of the lowest rates for multi-currency exchanges, ensuring cost-effective spending. ● User-Friendly Application: The application process is straightforward, allowing for quick setup and immediate use. ● Instant Virtual Card Access: Upon approval, receive a free virtual card that can be used immediately. ● Wide Compatibility: Bitget Premier Card supports various major payment platforms, including Apple Pay, Google Pay, WeChat Pay, and AliPay, and can be used with service providers like ChatGPT Plus, Amazon, Netflix, and Uber. Supported Payment Platforms and Services Whether you're paying for memberships, streaming subscriptions, travel bookings, or rideshares, the Bitget Premier Card is your go-to solution. Here’s a snapshot of the platforms and services supported by the Bitget Premier Card: ● Digital Wallets & Subscriptions: Apple Pay, Google Pay, WeChat, AliPay, OpenAI API, ChatGPT Plus, Midjourney, X (Twitter), OnlyFans. ● E-Commerce: Amazon, JD.com (via WeChat), Taobao (for merchants supporting foreign currency cards), Ctrip (via WeChat card payment or payment page card binding). ● Travel & Transport: Uber, Grab, Gojek, Bolt, Tada, Trip, Expedia, Skyscanner, Booking.com, Airbnb. ● Entertainment: Netflix, Spotify, TikTok. ● Business Services: AWS, Revolut. Bitget Premier Card simplifies the integration of digital assets into daily transactions, offering a secure, convenient, and cost-effective solution for global payments. Experience the future of digital payments with the Bitget Premier Card! Learn more !

DeBox (BOX): The Web3 Social Platform Revolutionizing Digital Identity

What is DeBox (BOX)? DeBox (BOX) is an advanced social platform designed for the Web3 era, leveraging Decentralized Identity (DID) technology. It’s built within the Ethereum ecosystem and incorporates additional technologies like Layer2 and the Cosmos Inter-Blockchain Communication (IBC) protocol. If you’re familiar with WeChat, DeBox aims to be its Web3 equivalent, providing a similar experience but with enhanced security and privacy features inherent to blockchain technology. The platform offers a range of functionalities including one-on-one and group chats, DAO management, and asset handling. It’s especially suitable for managing KOL fan groups and other communities where access can be controlled and monetized. Who Created DeBox (BOX)? DeBox was founded by Blackiron, a company that began developing the platform in 2021. The Chief Operating Officer (COO) of DeBox is Fang Kuai, who has experience working with humanDAO, a global decentralized autonomous community that integrates Play-to-Earn mechanics. The management team, with a background in major tech companies like Alibaba, is currently based in Singapore. However, the founders have chosen to remain anonymous, with only the COO’s LinkedIn profile available to the public. What VCs Back DeBox (BOX)? DeBox has attracted significant attention from venture capitalists, reflecting its potential in the Web3 space. The platform has completed five rounds of financing. Notably, it secured 2 million in seed funding on January 9, 2023. In subsequent strategic rounds, DeBox received additional investments from notable firms including DWF Labs and OKX Ventures. How DeBox (BOX) Works DeBox is designed to tackle several pressing issues in the digital and crypto communities: ● Bots and Scams: The platform addresses the rampant problem of bots and phishing links that plague social media and crypto forums. By using DID and advanced identification algorithms, DeBox minimizes the impact of malicious actors. ● Centralized Control in DAOs: Traditional DAOs often face criticism for centralized control, where a small group of individuals or entities holds significant power. DeBox aims to democratize DAO governance by involving community members in decision-making and ensuring that asset management is more transparent and decentralized. DeBox operates on a foundation of decentralized identity, which is a significant departure from traditional centralized systems. Here’s how it works: 1. Decentralized Identity (DID) DID technology is at the core of DeBox. Unlike traditional systems where identities are managed by central authorities, DID allows users to control their own identities on the blockchain. This enhances privacy and security, as personal data is not stored in a centralized database but rather in a decentralized manner. 2. Integration with Ethereum and Layer2 DeBox is built on the Ethereum blockchain, leveraging its robust infrastructure for dApps. It also utilizes Ethereum Layer2 solutions, which help in scaling and improving transaction speeds. Additionally, the platform incorporates the Cosmos IBC protocol, allowing it to interact with other blockchains seamlessly. 3. Box Feature One of the standout features of DeBox is its “Box” functionality. Each Box is a digital asset that can be used in various ways. For instance, it can function as an entry ticket to exclusive groups or be used for managing DAO assets. The Box has a fixed floor price of 0.01 ETH during the presale stage to ensure that users are protected from significant losses. During the public sale, users can trade these Boxes, with a transaction fee of 10% distributed between the creator, holder, and platform. 4. Community and DAO Management DeBox enhances community management through its DAO capabilities. DAOs are decentralized organizations governed by their members. In DeBox, DAOs can manage group assets and make decisions through proposals. The platform uses DID to verify the identity and eligibility of members, ensuring that only those who meet specific criteria can participate. This helps in reducing the risk of malicious activities and spam. 5. Combating Phishing and Bots The platform addresses issues like phishing and bots by implementing advanced identification algorithms and community governance principles. For example, if an account is reported by multiple groups, it may face a mute period to curb spam. Additionally, NFT holders on the platform have the authority to judge and vote on reported content, ensuring that the community plays a significant role in maintaining the platform’s integrity. BOX Goes Live on Bitget DeBox is carving out a niche in the Web3 world by offering a comprehensive social platform that leverages decentralized identity and advanced blockchain technologies. Its innovative features and commitment to security and privacy make it a noteworthy addition to the digital landscape. BOX is the native token of DeBox. As a versatile asset, BOX plays a crucial role in various aspects of DeBox, including payments for game items, premium features, and more. It also offers opportunities for staking rewards, lending through the DeLend protocol, and participation in governance decisions. With a deflationary model that reduces total supply based on ecosystem activity, BOX is designed to provide long-term value. Don't miss out - trade BOX on Bitget today and become a part of the future of decentralized social platforms. BOX on Bitget PoolX BOX will be a part of Bitget PoolX, a platform for users to earn new tokens for free on an hourly basis. Join now to get the best out of it! Lock SOL to get BOX airdrop: Users can lock up to 400 SOL in Bitget PoolX to earn from a 1,400,000 BOX pool, from 16 September, 12:00 – 26 September, 12:00 (UTC) To use Bitget PoolX, follow these simple steps: ● Step 1 - Coin Locking: Begin by selecting a pool from the available options. Choose the cryptocurrency you want to lock and the duration of your locking period. Once selected, confirm your amount to join the pool. ● Step 2 - Coin Distribution: After locking your coins, you'll automatically grab a share of the prize pool based on the proportion of your locked amount compared to the total pool amount. Airdrops are distributed hourly, so you can expect to see your earnings accumulate over time. ● Step 3 - Results Display: Keep track of your rewards by checking the 'PoolX History.' Here, you can view the distribution of airdrops and monitor your locking progress. Lock SOL to Get BOX now! How to Trade BOX on Bitget Listing time: September 16, 2024 Step 1: Go to BOXUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade BOX on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Beginner’s Guide to Web3 Security: Guide to Avoiding Fake Wallets and Private Key/Mnemonic Phrase Compromises

Background Wallets play a crucial role in the Web3 world. They are not only tools for storing digital assets but also essential for users to conduct transactions and access DApps. As cryptocurrency and Blockchain technology become more widespread, cybercriminals are increasingly targeting Web3 users’ funds. According to reports received by the SlowMist security team, many users have fallen victim to theft by downloading or purchasing fake wallets. Therefore, in this edition, we will explore why users download or purchase fake wallets, the risks of private key/mnemonic phrase leaks, and provide a series of security recommendations to help users protect their funds. Downloading Fake Wallets Many users download wallets from alternative sources because their mobile devices do not support Google Play Store or due to network issues. Third-Party Download Sites Some users download wallets from third-party sites like apkcombo and apkpure. These sites often claim that their apps are mirrored from Google Play Store, but how reliable are they? The SlowMist security team conducted an investigation into fake Web3 wallets from third-party sources and found that the wallet version provided by apkcombo did not actually exist. Once users create a wallet or import a mnemonic phrase in the fake wallet’s interface, the fake wallet sends the mnemonic phrase and other information to a phishing website’s server. Search Engines Rankings on Search engines can be purchased, leading to fake official websites ranking higher than the legitimate ones. Therefore, users should avoid searching for wallets directly through search engines and clicking on the top-ranked links. This practice could lead to a fake website where they might download a fraudulent wallet. When users are unsure of the official website’s URL, it is difficult to discern a fake site from the genuine one based solely on the website’s appearance. Fraudsters design fake websites to closely resemble official ones, making them almost indistinguishable. Similarly, users should not click on links shared by others on Twitter or other platforms, as these are often phishing links. QR Codes from Friends/Scams In the “dark forest” of Blockchain, it’s essential to maintain zero trust. Your friends or relatives may not intend to harm you, but the wallet they downloaded could be fake, and just hasn’t been compromised yet. When downloading a wallet using a QR code or link they shared, users could also end up with a fake wallet. The SlowMist security team has received numerous reports of scams where scammers first gain the victim’s trust, then lead them to invest in cryptocurrency and share fake wallet download links. Ultimately, the victims suffer both emotional and financial losses. Therefore, users should be wary of online interactions, especially when someone encourages you to invest or sends you an unfamiliar link. Telegram On Telegram, searching for well-known wallets reveals several fake official groups. Scammers often claim that these groups are the official channels of certain wallets, even advising users to recognize the official website link, which turns out to be fake. App Stores It is important to note that apps in official app stores are not always safe. Some malicious individuals buy keyword rankings and use other tactics to lure users into downloading fraudulent apps. Readers should be vigilant and discerning when downloading apps. So How Can Users Avoid Downloading Fake Wallets? Official Website The ability to find the official website is crucial, not just for downloading wallets but also for participating in other Web3 projects. Here’s how to locate the correct official website: Twitter Verification Users might search for the project on Twitter and judge its authenticity by follower count, registration time, and verification badges. However, these can be faked. We’ve discussed the sale of fake high-profile accounts in our article on phishing schemes. It’s advisable for beginners to follow security companies, industry experts, and reputable media on Twitter to see if they follow the account you’ve found. Cross-Verification After finding the official Twitter account, further verification is needed since official accounts can be hacked. Compare the website link on the Twitter profile with links found on other reputable sources such as DefiLlama, CoinGecko, or CoinMarketCap: Bookmarking: Once you have confirmed the official website, save the link to your bookmarks. This way, you can directly access the correct link next time, reducing the risk of visiting a fake website. App Stores Users can download wallets from official app stores like the Apple Store and Google Play Store. Before downloading, check the developer information to ensure it matches the official developer’s identity. Also, consider the app’s ratings and download counts. Official Version Verification To verify if the downloaded wallet is genuine, users can perform a file integrity check by comparing the file’s hash value. Drag the downloaded APK file into a file hash verification tool, which uses hash functions (e.g., MD5, SHA-256) to generate the hash value. If it matches the official hash value, it’s a genuine wallet. If not, it’s fake. Here’s what to do if you’ve downloaded a fake wallet: Determine the Extent of the Leak: If you have downloaded a fake wallet but have not entered your private key or mnemonic phrase, simply delete the app and download the official version from the official website. Private Key/Mnemonic Phrase Compromised: If you have entered your private key or mnemonic phrase into the fake wallet, it means your key/phrase has been compromised. Download the official wallet from the official website, import your private key/mnemonic phrase, and create a new address to quickly transfer your assets. Stolen Cryptocurrency: If your cryptocurrency has been stolen, we offer free community assistance for case evaluation. You need to submit a form according to the incident type (funds stolen/scam/ransom). The hacker address you provide will also be shared with the InMist Threat Intelligence Network for risk control. Purchasing Fake Hardware Wallets We’ve discussed the risks of downloading fake wallets and their solutions. Now, let’s talk about why some users end up purchasing fake hardware wallets. Some users choose to buy hardware wallets from online marketplaces, but these non-officially authorized stores pose significant security risks. It’s uncertain how many hands the wallet has passed through or if its internal components have been tampered with before reaching the user. Any tampering with the internal components is difficult to detect from the exterior or the wallet’s functionality. How to Avoid Hardware Wallet Supply Chain Attacks: 1. Purchase from Official Channels: This is the most effective way to avoid supply chain attacks. Do not buy hardware wallets from unofficial channels such as online marketplaces, resellers, or through individuals. 2. Inspect the Packaging: Check for any signs of tampering on the packaging. Although it’s unlikely for hackers to expose themselves at this stage, it’s a basic precaution. 3. Official Device Verification: Some hardware wallets offer official device verification services. During the initialization, the device prompts users to verify it on the official website. If the device has been tampered with during transport, it won’t pass this verification. 4. Tamper-evident Mechanisms: Consider purchasing hardware wallets with tamper-evident mechanisms. These wallets trigger a self-destruct mechanism if someone tries to open and tamper with the internal components. All sensitive information in the secure chip will be automatically erased, rendering the device unusable. Prevent Private Key/Mnemonic Phrase Leak Risks Having learned how to download or purchase genuine wallets, the next challenge is securely storing private keys/mnemonic phrases. These are the sole credentials for recovering your wallet and controlling your assets. A private key is a 64-character hexadecimal string, while a mnemonic phrase typically consists of 12 words. The SlowMist security team warns that if your private key/mnemonic phrase is compromised, your wallet assets are highly likely to be stolen. Here are common causes of leaks: 1. Improper Confidentiality: Users might share their private keys/mnemonic phrases with friends or family for safekeeping, resulting in theft by those individuals. 2. Storing or Transmitting Keys Online: Despite knowing better, some users store their private keys/mnemonic phrases via methods like WeChat favorites, photos, screenshots, cloud storage, or memos. If these platforms are hacked, the keys can be easily stolen. 3. Copying and Pasting Keys: Many clipboard tools and input methods upload clipboard records to the cloud, exposing private keys/mnemonic phrases to insecure environments. Malware can also steal clipboard information when keys are copied. Therefore, copying and pasting keys is risky. How to Avoid Private Key/Mnemonic Phrase Leaks: ● Do Not Share: Never share your private key/mnemonic phrase with anyone, including friends and family. ● Physical Storage: Store private keys/mnemonic phrases on physical media to avoid network attacks. Write them on high-quality paper (and possibly laminate it) or use a metal mnemonic storage device. ● Multi-Signature and Distributed Storage: Implement multi-signature setups and distribute storage locations to enhance security. Conclusion This article covered the risks associated with downloading or purchasing wallets, methods to find and verify genuine websites, and the risks of private key/mnemonic phrase leaks. We hope this information helps you take the first step securely into the dark forest of blockchain. (Note: Brands and images mentioned are for illustrative purposes only and do not constitute recommendations or endorsements.) Guest post by SlowMist Disclaimer: The views, information, or opinions expressed in the report are intended for informational and educational purposes only. It is not intended or offered to be used as legal, tax, investment, financial, or other advice. Under no circumstances are Bitget, our employees, agents, partners, and/or co-operations responsible for any decision made, action taken, or result obtained from or in reliance on the use of the information herein. Any investment or trading ideas, strategies, or actions should never be taken without first taking into consideration each individual's personal and financial situation and/or without consulting financial professionals.

The Rise of Telegram Bots: Transforming the Crypto Landscape

TL;DR Telegram Bot allows users to participate in crypto activities through their mobile devices by providing features such as trading, swap, and on-chain interaction. Telegram Bot provides users with more user-friendly and convenient access to crypto, which may become the next trend in the crypto industry. There are certain risks associated with Telegram Bot. It is advisable for users to start with small amounts when using it and, when interacting with the Bot, consider creating a new wallet instead of using their main wallet. Bitget has listed several popular Telegram Bot tokens, including UNIBOT, IMGNAI, CGPT, and more. The Telegram Bot segment is becoming the next hot narrative in the crypto industry. According to Coin MarketCap data, in the past week, the top 5 projects in terms of market capitalization in the Telegram Bot sector have shown outstanding performance, with an average increase of over 50%. This has also attracted attention and sparked discussions among more users in the crypto community. So, what is a Telegram Bot? How did it manage to stand out during a bear market? What are some potential projects worth paying attention to in the Telegram Bot field? This article will give you a detailed introduction to the Telegram Bot segment, its potential, and future opportunities. What is a Telegram Bot? As the name suggests, a Telegram Bot refers to the bots on Telegram that provide various DeFi trading tools. After users import their wallet mnemonic phrase, these bots can execute certain trading operations for users, such as token swap, copy trading, portfolio analysis, automated on-chain interactions, cross-chain asset management, and more. According to the latest report, the tota l trading volume executed through Telegram Bots has exceeded US$190 million, with the highest volume in a single day reaching US$10 million. Meanwhile, by collecting transaction fees and "taxes" imposed on token swaps, Telegram Bot has reached a total revenue of more than US$28.7 million. The Value and Potential of Telegram Bots Due to the significant barriers to entry for regular users and investors, the cryptocurrency industry has faced challenges in achieving rapid and widespread adoption. Telegram Bots, on the other hand, is here to provide users with more user-friendly and convenient access to crypto. Furthermore, Telegram currently boasts 800 million monthly active users, which will serve as an important portal, enabling more users who have yet to enter the crypto space to have a superior crypto experience. Compared to the plethora of ever-emerging DeFi offerings, users can experience all-in-one crypto services and tools through Telegram Bots. This is similar to WeChat Mini Programs, where users no longer need to switch between various apps and can access a variety of applications directly through WeChat. Currently, Telegram Bots offer the following features: Trading/token swap: Users can buy and sell cryptocurrencies directly through Telegram. Early access to new coins: It offers users the opportunity to automatically buy a new coin once it is listed. On-chain interaction: A series of operations can be automated to improve the chances of participating in future airdrops. Copy trading: Telegram Bot supports simulating and following the trading behavior of other professional traders. Other features: Analyzing on-chain behavior, tracking whale wallets, and more. Opportunities and Risks of Telegram Bots As more users begin to use Telegram Bots, the fast-growing bots are expanding their services to more social platforms, such as Discord and X. This allows bots to reach more users and achieve faster growth. Currently, most bots only offer single features or services. However, it is believed that in the future, these bots may expand to cater to a broader range of users. Additionally, some bots support cross-chain services, enabling them to provide more convenient services to users on different blockchains. Although the services provided by Telegram Bot are becoming increasingly popular among users, their rapid development also comes with certain risks. Firstly, these bots have a relatively low level of decentralization. Importing mnemonic phrases into these centralized applications carries the risk of significant losses in the event of a single hacker attack. Secondly, there is the risk associated with smart contracts. The inevitable interaction between bots and smart contracts may introduce potential security issues. Considering the potential risks associated with Telegram Bot, it is recommended that users, especially crypto beginners, start with small amounts, avoid authorizing wallets with large amounts of assets to the bot, and create a new wallet instead of using the main wallet during the interaction. Popular Telegram Bot Projects UniBot (UNIBOT) Unibot aims to be the fastest Telegram trading bot, providing users with a seamless and high-speed crypto trading experience. Unibot offers many special features, such as limit orders, which allow precise execution of "buy low and sell high" strategies. It has also launched the copy trading feature, which supports users to trade by following the successful strategies of professional traders. Users can also test their selling strategies in advance to maximize selling potential. In addition, Unibot offers real-time alerts for new tokens, allowing users to easily add the latest tokens and trade them. As a leader in the Telegram Bot sector, Unibot currently has a market capitalization of US$180 million, ranking 146th. Trade UNIBOT on Bitget now ImgnAI (IMGNAI) ImgnAI (IMGNAI) is a tokenized AI project that provides free and premium AI generation services. ImgnAI's flagship product is Nai, an AI image generator based on anime. Users can use it for free on Telegram. Currently, over 20,000 people are using it to generate their creative works every day. Trade IMGNAI on Bitget now ChainGPT (CGPT) ChainGPT (CGPT) is an advanced AI model specifically designed for blockchain technology and cryptocurrency-related topics, aiming to unleash the power of blockchain artificial intelligence. The AI model uses the latest algorithms and high-speed computing power to solve challenging problems in the blockchain and crypto space. Users can use ChainGPT to quickly access any knowledge and information they need. ChainGPT also has many other unique features designed for individuals, developers, and businesses, making it an essential tool for all users in the blockchain field. Trade CGPT on Bitget now WagieBot (WAGIEBOT) Wagie Bot is a versatile DeFi bot that operates on dedicated private nodes of ETH, BSC, and Arbitrum. With a response time of just 1 millisecond, it is one of the fastest tools available in the market. All operations conducted through WagieBot, whether it's buying, selling, sniping, or copy-trading, are instantly executed. In addition, with the launch and integration of GMX, users can go long or short on the decentralized futures platform through Telegram, with no additional fees charged by WagieBot. Trade WAGIEBOT on Bitget now Closing Thoughts The emergence of the Telegram Bots is, once again, a testament to the fact that the rapidly evolving and constantly innovating crypto industry is never short of new narratives. Integrating automated crypto trading services into traditional social platforms not only improves the trading experience for crypto investors but also opens the door to the crypto world for traditional investors outside the sphere. Although the overall scale of the Telegram Bot field is relatively small, and there are some security risks involved, it is believed that with the continuous improvement of the features and the expansion of the market, Telegram Bots may become an important gateway for regular investors to enter the crypto world. Therefore, as crypto investors, it is important to pay sufficient attention to this sector. Not a Bitgetter yet? Sign up now to embark on a journey into the crypto world! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget Research: The Lifespan of Memecoins Continues to Shorten, BTC Struggles to Surge and Breaks Below Key Support Level of US$27,500

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight. In Summary: 1.Popular Tokens: LOVE (Token) — A memecoin with a unique whitelist mechanism, innovative hype strategy, and extreme popularity, but saw a large drop close to zero after its TGE. Promoted by influencer @M4573RCH, the whitelisting is secured by sending 0 ETH to his address. Non-airdrop users must have at least one LOVE token to engage in trading, requiring airdrop users to send LOVE tokens to non-airdrop users for trading to occur. Currently, there are 32,962 holders, on-chain liquidity of US$2.33 million, and a trading volume of US$9.89 million in the last 24 hours. The token is very volatile, making it essential to observe its performance. DIP (Token) — The IP is derived from “buy the dip”. It has 1194 followers on Twitter, with some influencers recommending it. Currently, the on-chain liquidity is US$165,000, and the trading volume in the last 24 hours is US$8.51 million. The token is very volatile, with a drop of 95% today. No major risks have been detected in the contract. It is essential to observe its performance. Tuzki (Token) — The IP is derived from the Tuzki meme. It has 640 followers on Twitter. The token was launched two days ago, with on-chain liquidity of US$165,000, and a trading volume of US$9.83 million in the last 24 hours. The token has 1486 holders. Contract inspection reveals transaction cooldown and anti-whale measures. It is essential to observe its performance. SIM (Token) — This memecoin is created by the founder of hotcafe, who has more than 970,000 followers on Instagram. The on-chain liquidity of the token is US$136,000, with a 24-hour trading volume of US$8 million. The token was launched through pre-sale, yielding more than 10x profit for early participants. However, the token is highly volatile, with a drop of 39% today, and there’s a risk that it breaks its previous support level. BIAO (Token) — This is a meme in the Chinese-speaking region, with its name deriving from a Chinese character. The token has on-chain liquidity of US$12,400, a 24-hour trading volume of US$20.8 million, and 3750 holders. The price saw a drastic drop of 61% yesterday. Contract checks reveal the risk of external calls. It is essential to observe its performance. RFD (Token) — Refund Coin was launched by the CryptoPunk NFT billionaire blurr.eth. The project’s current on-chain liquidity is US$8.98 million, and the trading volume in the last 24 hours is US$17.34 million, with 9529 holders. The token has been listed on Bitget. WOMBAT (Token) — According to feedback from community users, it is a meme created by an NFT whale, with RFD’s developer helping the whale add liquidity on Uniswap V3. Numerous users have reported noticing several large buy orders after it was introduced. Currently, the token’s on-chain liquidity is US$692,000, with a 24-hour trading volume of US$12 million. The token has experienced a 69% drop in the last 24 hours. The contract has shown no issues. It is essential to observe its performance. OMAX (Token) — Positioned as a POS chain, the project released its 2023 roadmap on May 29th. Stimulated by the news, the token started to rebound, but the on-chain trading volume in the last 24 hours was only US$8740, with liquidity of US$482,000. It is essential to observe its performance. MOJAK (Token) — This token seems to be WOJAK’s replica. It has on-chain liquidity of US$147,000, a trading volume of US$5.12 million in the last 24 hours, and 859 holders. The contract has shown no issues. It is essential to stay updated on this token. RIA (Token) — Positioned as a card battle game, it updated a new game mode on May 25th with PVP set to launch. Additionally, the beginner game characters have also been successfully designed. Stimulated by this news, the token has increased by 28% in the last 24 hours, but the trading volume is only US$32,000. It is essential to observe the project’s performance. PEPER (Token) — A replica of PEPE on Arbitrum. The current on-chain liquidity is US$494,000, and the trading volume in the last 24 hours is US$1.09 million. Contract checks reveal issues such as potential mint and blacklist functions. It is essential to observe its performance. BenTen Inu (Token) — A memecoin with a daily trading volume of US$464,900. 28% of the tokens were pre-sold, leading to a surge in the number of interactions with its contract due to users claiming pre-sold tokens. The project has a buy/sell tax of 10%, with no other apparent risks. It currently has 1244 token holders, with moderate popularity. It is essential to observe its performance. NALS (Token) — Merged with Ordi to form Ordinals, currently the second in terms of trading volume on the entire network. It has a good consensus associated with ORDI. In the past 24 hours, the trading volume is nearly US$930,000, with 154 transfers. The token has been listed on Bitget. WHEE (Token) — A BRC-20 memecoin. Influencer @markjeffrey, who has 53,500 followers on Twitter, has recommended the token several times. Many users in Shenzhen have repeatedly promoted it in WeChat groups. The token is highly popular, and there are many active users in the community. The 24-hour trading volume is US$180,000, with 1405 transfers. It is essential to stay updated on this token. 2.Popular NFTs: Relation Medal-related NFT (NFT) — The project positions itself as the semantic layer of Ethereum, constructing a multi-chain social network through the relationships between addresses. Currently, the number of social nodes has reached 4.27 million, with 438,000 semantic SBT generated. App developers can use Relation to precisely target users, expanding their user base while helping Relation establish more relationship networks. The project’s product is very meaningful and has a fast development iteration. The team is currently based in Hong Kong. Mainnet Alpha (NFT) — An NFT in the zkBridge Loyalty Program (the zkBridge Loyalty Program allows users to earn loyalty points by participating in zkBridge’s cross-chain products, interacting with social media, and participating in the community. These loyalty points serve as proof of participation in the ecosystem and can be used to obtain future rewards and exclusive benefits). Currently, there are 42,000 holders. Nakamigos (NFT) — CryptoPunks-style PFPs NFT, a highly popular NFT with over 30 influencers following. Currently, it has 5983 holders, a floor price of 0.6 ETH, and over 6000 transactions that occurred in the past seven days, doubling the floor price and quadrupling the trading volume. 3.Popular DApps: Tabi Artifact Chest NFT Mint Contract (DApp) — This project positions itself as an NFT trading platform built on BSC. It announced on May 11 that it has completed a US$10 million financing round, with investors including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. On May 29, it launched a community reward program where users can earn SBT and other rewards for completing tasks, leading to an increase in the activity level. zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 702,000 unique wallet addresses on the zkSync Era mainnet, with 290,000 ETH bridged to zkSync and a total of 846,000 transfers. PlaybuxQuest (DApp) — Playbux is a metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. Users can explore the blockchain world (such as PancakeSwap, 1inch, NFT marketplace, mini-games, etc.) within Playbux’s metaverse while also experiencing real-world shopping and getting rebates on the platform. The project is currently running an airdrop promotion, and recent on-chain interactions have been promising. Hippo Dash by Gameta (DApp) — Gameta is a multi-chain gaming platform, that provides users and projects with a comprehensive infrastructure through its DID, asset management, IDO, NFT marketplace, DeFi, and Social features. In its first phase, it will operate on the BSC. The official statement mentioned that governance tokens will only be issued when daily active users exceed one million. Gameta has received investment from Binance Labs. Chingari (DApp) — An Indian SocialFi project. Its original Web2 product was dubbed the “Indian TikTok”. Its token, GARI, went through a joint IEO during the TGE. It once had significant popularity in India, but the token price and popularity gradually decreased with the onset of the bear market. 4.Twitter Hot Topics: Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 5.Regional Trending Searches: LINA (Token) — Linear Finance is the first cross-chain compatible decentralized Delta-One asset protocol, enabling the creation, trading, and management of synthetic assets (Liquid). Compared to other synthetic asset protocols, Linear Finance is faster, more cost-effective, secure, and user-friendly. Linear Finance has an excellent founding team and investors based in Hong Kong. Linear Finance was founded by Drey Ng, a former vice president at Goldman Sachs, and Kevin Tai, a former executive director at Morgan Stanley. It is headquartered in Hong Kong and is considered one of the Hong Kong-related tokens. Due to the recent hype about the new policy for virtual assets in Hong Kong on June 1st that allows retail investors to trade digital currencies, the price and the popularity of LINA have risen rapidly. Cocos (Token) — COCOS is the native token of Cocos-BCX, an open platform catering to gaming and digital asset sectors. It supports various programming languages and underlying blockchain infrastructures. Cocos-BCX aims to create a complete gaming ecosystem, including a gaming engine, development tools, DApp Store, digital asset exchange, etc., to provide game developers and players with innovative, efficient, convenient, and secure gaming experiences. Cocos-BCX has deep roots and influence in Hong Kong and was founded by the renowned Hong Kong game engine company Cocos. It is headquartered in Hong Kong and is considered one of the Hong Kong-related tokens. Due to the recent hype about the new policy for virtual assets in Hong Kong on June 1st that allows retail investors to trade digital currencies, the price and the popularity of COCOS have risen rapidly. Main Body Written by: Bitget Research Data collection time: May 31, 10:30 Data sources: Dune, DApps, Twitter, Google Note: 1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain. 2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours. 3) DApp daily activity (UAW: unique active wallets) 4) TGE (Token Generation Event) 1.BTC Profile — BRC-20 NALS (Token) — Merged with Ordi to form Ordinals, currently the second in terms of trading volume on the entire network. It has a good consensus associated with ORDI. In the past 24 hours, the trading volume is nearly US$930,000, with 154 transfers. The token has been listed on Bitget. WHEE (Token) — A BRC-20 memecoin. Influencer @markjeffrey, who has 53,500 followers on Twitter, has recommended the token several times. Many users in Shenzhen have repeatedly promoted it in WeChat groups. The token is highly popular, and there are many active users in the community. The 24-hour trading volume is US$180,000, with 1405 transfers. It is essential to stay updated on this token. 2.Blockchain Profile — ETH Chain 2.1 User Profile 2.1.1 Core Data Total active users of ETH: 451,524 New active users of ETH: 73,877, with a daily increase of 0.38% Existing active users of ETH: 377,647, with a daily increase of 14.86% 2.1.2 New User Profile Core data: There were a total of 73,877 new active users on ETH yesterday, with a daily increase of 0.38% Popular Sectors Popular Projects Key Projects: zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 702,000 unique wallet addresses on the zkSync Era mainnet, with 290,000 ETH bridged to zkSync and a total of 846,000 transfers. 2.1.3 Existing User Profile Core data: The number of ETH active existing users is 377,647, with a daily increase of 14.86% Popular Sectors Popular Projects Key Projects: LOVE (Token) — A memecoin with a unique whitelist mechanism, innovative hype strategy, and extreme popularity, but saw a large drop close to zero after its TGE. Promoted by influencer @M4573RCH, the whitelisting is secured by sending 0 ETH to his address. Non-airdrop users must have at least one LOVE token to engage in trading, requiring airdrop users to send LOVE tokens to non-airdrop users for trading to occur. Currently, there are 32,962 holders, on-chain liquidity of US$2.33 million, and a trading volume of US$9.89 million in the last 24 hours. The token is very volatile, making it essential to observe its performance. 2.2 Popular Trading Pairs 2.2.1 Uniswap V2 DIP (Token) — The IP is derived from “buy the dip”. It has 1194 followers on Twitter, with some influencers recommending it. Currently, the on-chain liquidity is US$165,000, and the trading volume in the last 24 hours is US$8.51 million. The token is very volatile, with a drop of 95% today. No major risks have been detected in the contract. It is essential to observe its performance. https://www.dextools.io/app/en/ether/pair-explorer/0x391f7bbaad479f5fdd2faaebe6faf0b6501ba305 Tuzki (Token) — The IP is derived from the Tuzki meme. It has 640 followers on Twitter. The token was launched two days ago, with on-chain liquidity of US$165,000, and a trading volume of US$9.83 million in the last 24 hours. The token has 1486 holders. Contract inspection reveals transaction cooldown and anti-whale measures. It is essential to observe its performance. https://www.dextools.io/app/en/ether/pair-explorer/0x6155c81db52a4c6628c559be0af10f6d87bb7d2e SIM (Token) — This memecoin is created by the founder of hotcafe, who has more than 970,000 followers on Instagram. The on-chain liquidity of the token is US$136,000, with a 24-hour trading volume of US$8 million. The token was launched through pre-sale, yielding more than 10x profit for early participants. However, the token is highly volatile, with a drop of 39% today, and there’s a risk that it breaks its previous support level. https://www.dextools.io/app/en/ether/pair-explorer/0xfca56538aae326af3ba0b0f28e9ad6c1afbfb7ec BIAO (Token) — This is a meme in the Chinese-speaking region, with its name deriving from a Chinese character. The token has on-chain liquidity of US$12,400, a 24-hour trading volume of US$20.8 million, and 3750 holders. The price saw a drastic drop of 61% yesterday. Contract checks reveal the risk of external calls. It is essential to observe its performance. https://www.dextools.io/app/en/ether/pair-explorer/0x8296d84e911e0c1f827e1e7d4b50c2568e807b36 2.2.2 Uniswap V3 RFD (Token) — Refund Coin was launched by the CryptoPunk NFT billionaire blurr.eth. The project’s current on-chain liquidity is US$8.98 million, and the trading volume in the last 24 hours is US$17.34 million, with 9529 holders. The token has been listed on Bitget. WOMBAT (Token) — According to feedback from community users, it is a meme created by an NFT whale, with RFD’s developer helping the whale add liquidity on Uniswap V3. Numerous users have reported noticing several large buy orders after it was introduced. Currently, the token’s on-chain liquidity is US$692,000, with a 24-hour trading volume of US$12 million. The token has experienced a 69% drop in the last 24 hours. The contract has shown no issues. It is essential to observe its performance. https://www.dextools.io/app/en/ether/pair-explorer/0xf522c0f04dbb5b07610d7b2f67f018dab4a28df5 3.Blockchain Profile — BSC Chain 3.1 User Profile 3.1.1 Core Data Total active users on BSC: 1,517,348 New active users on BSC: 229,409, with a daily increase of 17.34% Existing active users on BSC: 1,287,939, with a daily increase of 11.11% 3.1.2 New User Profile Core data: There were a total of 229,409 new active users on BSC yesterday, with a daily increase of 17.34% Popular Sectors Popular Projects Key Projects: Tabi Artifact Chest NFT Mint Contract (DApp) — This project positions itself as an NFT trading platform built on BSC. It announced on May 11 that it has completed a US$10 million financing round, with investors including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. On May 29, it launched a community reward program where users can earn SBT and other rewards for completing tasks, leading to an increase in the activity level. 3.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,287,939, with a daily increase of 11.11% Popular Sectors Popular Projects Key Projects: PlaybuxQuest (DApp) — Playbux is a metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. Users can explore the blockchain world (such as PancakeSwap, 1inch, NFT marketplace, mini-games, etc.) within Playbux’s metaverse while also experiencing real-world shopping and getting rebates on the platform. The project is currently running an airdrop promotion, and recent on-chain interactions have been promising. 3.2 Popular Trading Pairs 3.2.1 PancakeSwap V2 OMAX (Token) — Positioned as a POS chain, the project released its 2023 roadmap on May 29th. Stimulated by the news, the token started to rebound, but the on-chain trading volume in the last 24 hours was only US$8740, with liquidity of US$482,000. It is essential to observe its performance. MOJAK (Token) — This token seems to be WOJAK’s replica. It has on-chain liquidity of US$147,000, a trading volume of US$5.12 million in the last 24 hours, and 859 holders. The contract has shown no issues. It is essential to stay updated on this token. https://www.dextools.io/app/en/bnb/pair-explorer/0x62b6a2ad9852681abb6cd3fdc43c9b35bf25ea20 4.Blockchain Profile — Polygon Chain 4.1 User Profile 4.1.1 Core Data Total active users on Polygon: 487,901 New active users on Polygon: 131,222, with a daily increase of 14.60% Existing active users on Polygon: 356,679, with a daily increase of 0.54% 4.1.2 New User Profile Core data: There were a total of 131,222 new active users on Polygon yesterday, with a daily increase of 14.60% Popular Sectors Popular Projects Key Projects: Relation Medal-related NFT (NFT) — The project positions itself as the semantic layer of Ethereum, constructing a multi-chain social network through the relationships between addresses. Currently, the number of social nodes has reached 4.27 million, with 438,000 semantic SBT generated. App developers can use Relation to precisely target users, expanding their user base while helping Relation establish more relationship networks. The project’s product is very meaningful and has a fast development iteration. The team is currently based in Hong Kong. 4.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 356,679, with a daily increase of 0.54% Popular Sectors Popular Projects Key Projects: Mainnet Alpha (NFT) — An NFT in the zkBridge Loyalty Program (the zkBridge Loyalty Program allows users to earn loyalty points by participating in zkBridge’s cross-chain products, interacting with social media, and participating in the community. These loyalty points serve as proof of participation in the ecosystem and can be used to obtain future rewards and exclusive benefits). Currently, there are 42,000 holders. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 RIA (Token) — Positioned as a card battle game, it updated a new game mode on May 25th with PVP set to launch. Additionally, the beginner game characters have also been successfully designed. Stimulated by this news, the token has increased by 28% in the last 24 hours, but the trading volume is only US$32,000. It is essential to observe the project’s performance. https://www.dextools.io/app/en/polygon/pair-explorer/0x78a750ca5f8dd1ef1c87e29e8a267ff4c8d12b38 5.Blockchain Profile — Arbitrum Chain 5.1 User Profile 5.1.1 Core Data Arbitrum Active Users: 334,553 Arbitrum New Active Users: 108,259, with a daily increase of 124.93% Arbitrum Existing Active Users: 226,294, with a daily increase of 42.86% 5.1.2 New User Profile Core data: There were a total of 108,259 new active users on Arbitrum yesterday, with a daily increase of 124.93% Popular Sectors Popular Projects Key Projects: Socket (DApp) — A multi-chain application. Its main product is the Bungee cross-chain aggregator, which has been activated in May to test the network. The project has been very well received by the market. Its user-friendly gas rebate has garnered positive feedback in the community. 5.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 226,294, with a daily increase of 42.86% Popular Sectors Popular Projects Key Projects: Layerzero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without the need for any intermediate chain or consensus mechanism. It has recently started collaborating closely with Canto. Projects in the Canto ecosystem can complete asset transfers to the EVM ecosystem, which is a significant benefit to the Canto ecosystem. 5.2 Popular Trading Pairs 5.2.1 Uniswap V3 GETH (Token) — LayerZero has cross-chained Geth on the Georli testnet to the EVM ecosystem. Cross-chain swap transactions can be completed through the ETH Goerli Bridge. Holders of the Goerli testnet tokens can participate in interacting with testnet projects. Recent interactions with various testnets and airdrop expectations have led to an increase in demand for GETH. PEPER (Token) — A replica of PEPE on Arbitrum. The current on-chain liquidity is US$494,000, and the trading volume in the last 24 hours is US$1.09 million. Contract checks reveal issues such as potential mint and blacklist functions. It is essential to observe its performance. https://www.dextools.io/app/en/arbitrum/pair-explorer/0x5bc9415d3a5acb558dd56942ab8b74d1e1a0fb3b 6.DApp Ecosystem — All Chains Tinytap (DApp) — The platform’s EDU token unlock on the 28th of each month, including for marketing, liquidity, early contributors, and the ecosystem fund, unlocking 21.19 million EDU per month. According to on-chain data, yesterday 4,166,667 EDU (worth about US$5.12 million) were transferred to Binance. The community reacted negatively to this, after which the official response was that the 4.16 million EDU transferred to Binance will be used to provide liquidity. Nevertheless, the token price has fallen 17% within the past 24 hours. Sweat Economy (DApp) — This is a traditional Web2 project that has transitioned to a Web3 wallet and “Move to Earn” project. It recently announced a partnership with Near Protocol and will operate on Near. It will initially use FastAuth, a Web3 entry-level product developed by Near. The UAW has significantly increased today. It is essential to stay updated on the developments regarding the Near ecosystem. 7.DApp Ecosystem — ETH Chain Uniswap (DApp) — The market sentiment remains unfavorable. Apart from Uniswap, which continues to grow, other Ethereum-based DApps have experienced varying degrees of decline in UAW. 8.DApp Ecosystem — BSC Chain Galxe (DApp) — A Web3 task platform, Galxe released today new promotion tasks for the week, including a private fundraising event with Lend Finance, a limit order promotion with Open Ocean, the 7th-anniversary event of Imtoken, and a trading competition with Orbiter Finance. Thanks to the high quality of the collaborative projects, the UAW has seen an increase of more than 100%. QuestN (DApp) — Today, QuestN will host multiple Twitter Space events with Zksync ecosystem projects, including Goal3, KaratDAO, Star, Blade, and Izumi, among others. It will also jointly conduct the Pandora’s World promotion to provide opportunities to win future airdrops. 9.DApp Ecosystem — Polygon Chain Philand (DApp) — A social task platform based on ENS and on-chain/off-chain wallet activity, providing a visualization of on-chain identity. Today, it carries out Polygon Quests promotion, including cross-chain bridge, transactions, spending gas, and contract deployment. 10.DApp Ecosystem — WAX Chain Farmers World (DApp) — A farming mining game built on WAX. The project updated its functionality today for depositing FarmerCoins, allowing the transfer of staked tokens to other farmers, and reducing consumption. The UAW has shown a prominent increase in the gaming sector. 11.DApp Ecosystem — Solana Chain Genopets (DApp) — A Move to Earn project on Solana featuring pets as its theme. It combines social fitness incentives, free game mechanics, and player-controlled Web3 economics. The project’s investors include well-known organizations like Pantera, Konvoy, and Solana. Its latest version 0.25 has made some functional updates to enhance user experience. 12.DApp Ecosystem — Arbitrum Chain Bungee (DApp) — A cross-chain aggregator with high airdrop expectations and overall project operation popularity. It offers a cross-chain aggregation product called Socket, which launched its incentivized testnet in May. Its gas refund feature provides a very user-friendly experience and has received positive feedback in the community. 13.DApp Ecosystem — GameFi Sector Across All Chains Farmers World (DApp) — A farming mining game built on WAX. The project updated its functionality today for depositing FarmerCoins, allowing the transfer of staked tokens to other farmers, and reducing consumption. Defi Kingdoms (DApp) — A cross-chain MMORPG that allows players to earn money through gaming, featuring a DEX, liquidity pool opportunities, and a rare, utility-driven NFT marketplace. The project token has experienced a significant drop from its all-time high, with a current daily trading volume of $60,000. The recent rise in UAW is primarily influenced by giveaways of related in-game items on Twitter. 14.Gas Fee Consumption — ETH Chain LOVE (Token) — The whitelist-free airdrop, innovative mechanism, and significant price drop have attracted attention. The Love claim contract and the gas consumption of the LOVE token are both listed. Detailed information about $LOVE has been explained earlier in the report. 15.Gas Fee Consumption — BSC Chain Tabi Artifact Chest NFT Mint Contract (DApp) — This project positions itself as an NFT trading platform built on BSC. It announced on May 11 that it has completed a US$10 million financing round, with investors including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. On May 29, it launched a community reward program where users can earn SBT and other rewards for completing tasks, leading to an increase in the activity level. 16.Gas Fee Consumption — Polygon Chain Holograph (DApp) — An all-chain NFT protocol. Its solution allows NFTs to seamlessly transfer between blockchains without needing to be wrapped. LayerZero will support Holograph as a cross-chain messaging solution. Holograph comprises three initial products: Bridge, Core, and Mint. The bridge allows NFTs to transfer between EVM blockchains. The collaboration with renowned artist Eric Elms (artist for NIKE and Stussy) on the creation of KilroyPunk has sparked attention. https://app.holograph.xyz/ 17.Gas Fee Consumption — Arbitrum Chain ARB (Token) — With the upcoming upgrade in Cancun, the implementation of EIP-4844 is set to significantly reduce Layer2 gas fees, providing substantial benefits for Layer2 projects. The ARB Token is expected to generate sustained attention in light of this development. 18.Twitter Trends Token Top 20 ARB, OP (Token) — (1) The upcoming Cancun upgrade, featuring EIP-4844, is set to effectively reduce the Layer 2 gas fee, providing substantial benefits for Layer 2 projects. Both ARB and OP will continue to garner attention; (2) OP tokens worth US$580 million will be unlocked on May 31, representing 9% of the total supply. 19.Google Trends — Global LINA (Token) — As of June 1, the Hong Kong Securities and Futures Commission will implement regulations for virtual assets. As June 1 approaches, some Hong Kong-related assets continue their optimistic upward trend (LINA, KEY, etc.). On May 30, the official website of the Hong Kong Monetary Authority announced that at a bilateral meeting held in Abu Dhabi, the Hong Kong Monetary Authority and the Central Bank of the UAE agreed to strengthen cooperation in areas such as virtual asset regulation and development. 20.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: SOL, HIGH, PI Pakistan Trending Keywords: trust crypto and bitcoin wallet, fancy crypto, scamadviser b) Southeast Asia Region Indonesia Trending Tokens: XEN Malaysia Trending Keywords: LINA Thailand Trending Keywords: RAN Philippines Trending Tokens: GALA, DOGE, SHIB, CRO, PEPE, LINA c) East Asia and Hong Kong, Macau, and Taiwan South Korea Trending Tokens: JUMP Japan Trending Keywords: dextools 21.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: dollar exchange rate Privatbank, airdrop crypto b) English-speaking Countries Canada Trending Tokens: SAND, PEPE, PI, HNT UK Trending Tokens: JASMY, JOE USA Trending Tokens: OSMO, PIKA Australia Trending Tokens: AGIX, AIDOGE, SHIB c) Europe Spain Trending Tokens: XRP, LINA, DOGE, ADA, WOJAK France Trending Tokens: FLOKI, KDA, OSMO, FET Germany Trending Tokens: OSMO, XRP, PARADOX, DOGE Italy Trending Tokens: BONK, NEO, SLP Poland Trending Tokens: XRP Switzerland Trending Keywords: GRT, XRP, AIDOGE Turkey Trending Tokens and Keywords: CGPT, EDU, AI-related tokens 22.Google Trends Surge — Middle East, Latin America, Africa a) Africa Nigeria Trending Tokens: XEN, PEPE South Africa Trending Tokens: AVAX, TRON b) Middle East Trending Keywords: israel crypto conference c) Latin America Brazil Trending Tokens: SAND, CGPT Argentina Trending Tokens: LINA Mexico Trending Tokens: BTC, SOL

e-CNY, China’s Central Bank Digital Currency, and Its Impacts on the Crypto Market

Recognizing the potentials and efficiency of stablecoins and digital currencies, China has been proactively developing a digital form of its yuan for almost a decade. But it was only when it was announced that they would begin paying public servants in certain regions with the digital Chinese yuan, also known as e-CNY, starting from May 2023, that the world truly began to take notice. This significant development comes at a time when the whole world is concerned over the weakening of the mighty USD, rising inflation rates, and looming specter of a global recession. Amidst these pressing economic issues taking the center stage, it is imperative to delve deeper and understand the implications of this Digital Yuan and its potential impacts on the crypto market. A Brief Introduction of e-CNY The People's Bank of China (PBC) has embarked on an ambitious endeavor to create the e-CNY, a central bank digital currency (CBDC) that aims to fundamentally change the way people transact by providing a digital form of cash. Other than having the same legal status, e-CNY holds an equivalent value to its paper counterpart, the Chinese Yuan (CNY), with a one-to-one exchange rate between the two forms. This means individuals will have the ability to exchange e-CNY for physical yuan and vice versa. Unlike other cryptocurrencies, e-CNY is designed as a legal tender, serving as an official medium of exchange, unit of account, and store of value backed by the government. According to the e-CNY whitepaper, the operational model of e-CNY follows a centralized management approach with a two-tier system. The PBC holds the authority to issue e-CNY and manages its entire life cycle. Commercial banks serve as authorized operators, exchanging and circulating e-CNY to the public. Unlike other stablecoins and cryptocurrencies, e-CNY is not built on a blockchain-based decentralized ledger and it primarily serves as a substitute for cash in circulation. Consequently, e-CNY operates under a centralized framework and is overseen by PBC. Its network follows the concept of "One Coin, Two Databases, Three Centers." The "One Coin" refers to e-CNY. The “Two Databases” refers to the two databases stored and maintained by the two tiers of the operational model mentioned above, which are PBC and commercial banks. Last but not least, the “Three Centers” refers to the authentication center, the registration center, and the big data analysis center. The first one manages identity information of e-CNY users; the second one keeps track of the digital yuan circulation; while the third one manages and mitigates risks within the entire system, overseeing tasks such as overseeing Know-Your-Customer (KYC), Anti-Money Laundering (AML), and other risk control measures. Even though e-CNY is issued by the PBC, other digital payment methods such as Alipay and Wechat Pay have long dominated the space, making many locals question the need for a new form of digital payment. To drive widespread adoption, the government has implemented a range of strategies. These include incorporating digital yuan as a payment option at millions of merchants nationwide, facilitating wage payments for public servants in e-CNY, offering vouchers to incentivize usage, sending e-CNY to new user’s wallets, and integrating e-CNY into Alipay and WeChat, among other initiatives. The implementation of these effective strategies has yielded significant results. By November 2021, 140 million individuals and 10 million corporates registered for digital yuan accounts. Furthermore, the total transaction values surpassed CNY 100 billion (approximately $13.9 billion) by 2022. While these figures may seem modest when compared to the vast user base and transaction volumes of WeChat Pay and Alipay, they underscore the growing popularity and widespread adoption of the digital yuan. It's important to note that in its first year of public use in 2020, e-CNY facilitated only CNY 2 billion (approximately $290 million). Currently, the e-CNY network is relatively limited in scale and primarily caters to small day-to-day transactions. PBC is actively engaged in infrastructure development while collaborating with banks, merchants, companies, and even foreign governments to promote the widespread adoption of e-CNY, both domestically and internationally. This concerted effort aims to establish a robust ecosystem that supports the seamless usage of e-CNY and encourages its acceptance on a global scale. Implications for the Crypto Market In the rapidly evolving world of digital currencies, the rise of CBDCs presents both major opportunities and challenges for cryptocurrency advocates, especially when the CBDC is backed by one of the biggest economies of the world as in the case of e-CNY. While CBDCs like the e-CNY validate the concept of digital currencies and could potentially drive wider adoption of crypto, their centralized nature contradicts the decentralized ethos of cryptocurrencies such as Bitcoin. In fact, one of the motivations behind the creation of the e-CNY is to replace stablecoins, as the PBC perceives them as a risk to the international monetary system, payment and clearing systems, monetary policies, and cross-border capital flow management. By introducing the e-CNY, China aims to address these perceived challenges and risks associated with stablecoins. Furthermore, the e-CNY provides China with a means to further restrict the trading and using of crypto within its borders. China has a long history of imposing strict regulations on crypto, particularly Bitcoin. In 2021, the PBC issued an announcement instructing Chinese banks and payment institutions to halt a wide range of cryptocurrency services, including account opening, transactions, and settlements. Moreover, the e-CNY is anticipated to lower transaction costs and promote financial inclusion by providing a digital currency that is accessible to individuals without access to traditional banking services. The ability to use the digital yuan without a bank account and store it on a mobile phone facilitates participation in the economy for those previously excluded from financial services. These goals align with the broader objectives of cryptocurrencies. Hence, the adoption of the e-CNY poses a challenge to the use and adoption of cryptocurrencies, as it fulfills some of the same purposes in a controlled manner. Also, to expand the influence of the digital yuan beyond its borders, the PBC is developing cross-border payment capabilities for e-CNY. This move is expected to help internationalize the yuan, enhance the efficiency of China's cross-border settlements, and surpass existing financial systems, including SWIFT, the largest global financial messaging network at the moment. By leveraging the e-CNY's technological advantages, China aims to position itself as a global leader in digital currencies. Considering the push for e-CNY on a global scale, it appears that China is not only looking to tackle Bitcoin from a regulatory standpoint but also in a competition to establish the yuan as a potential contender for becoming the next global reserve currency, as the dominance of the USD weakens. Though Bitcoin is gaining popularity, it still faces many hurdles in its quest to challenge the USD, mainly due to people's conservative outlook on a new and unregulated form of currency. Some may argue that the e-CNY could serve as an onramp for cryptocurrencies, as digitized money could easily flow between different wallets. This is similar to how fiat currencies enter the crypto market through the creation of stablecoins like USDT and USDC. However, the Chinese government's complete control over the e-CNY raises concerns. Once the government detects the use of e-CNY in crypto exchanges or in crypto trading, it can swiftly ban the involved wallets. Despite claims by the Chinese government regarding the anonymity of the e-CNY, encryption and decryption processes are closely monitored by the government as evidenced in the “Three Centers” model, rendering real anonymity nonexistent. Given the fundamental opposition between crypto's ethos and the centralized e-CNY, it is reasonable to question whether China may intensify its crackdown on cryptocurrencies to promote its own digital currency. This potential scenario raises significant implications for the future of cryptocurrencies and the extent to which governments can exert control in the digital finance landscape. These implications are particularly relevant now that an increasing number of governments, including those of the US and the EU, express interest in developing their own CBDCs. As CBDCs like China's e-CNY continue to emerge, their impact on the crypto landscape remains complex. While CBDCs validate the concept of digital currencies and can drive wider adoption, the centralized nature of these currencies challenges the decentralized ideals of cryptocurrencies which are initiated by Bitcoin. The clash between the e-CNY and cryptocurrencies like Bitcoin represents a larger battle between centralized and decentralized forms of currency. The outcome will not only shape the future of finance but also determine the degree of control governments can exert in an increasingly digital world. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.