Question 1

What is BGUSD?

Accepted Answer

BGUSD is a yield-generating certificate launched by Bitget, backed by a basket of RWAs (such as U.S. Treasury funds) to provide stable returns across market cycles.

Question 2

What are the benefits of holding BGUSD?

Accepted Answer

BGUSD can be used in the following ways:,[object Object],BGUSD is backed by a basket of real-world assets (e.g., U.S. Treasury), maintaining value stability through high-quality, low-risk, and highly liquid traditional financial assets.,[object Object],Hold BGUSD to enjoy real-world asset (RWA) yields, with profits distributed in BGUSD directly to your Bitget spot account. Watch your assets grow effortlessly!,[object Object],Enjoy zero transaction fees when subscribing to BGUSD via the On-chain Elite page in Bitget Earn.,[object Object]

Question 3

What are the risks associated with holding BGUSD?

Accepted Answer

1. Fee adjustments: Subscription and redemption fees for BGUSD may change. Bitget reserves the right to adjust these fees. All applicable fees will be displayed on the confirmation page before you confirm the transaction. No redemption fee applies if Bitget exercises its repurchase rights.,2. Profit change: BGUSD ROI may fluctuate based on changes to the ROI of underlying assets, which can be affected by macroeconomic conditions. In such cases, the ROI of BGUSD holders may rise or fall.,3. Liquidity risk: Due to non-24/7 banking hours and operational constraints in traditional finance, real-time liquidity may be limited. Daily redemption quotas depend on the available liquidity of the partner institution and are reflected in the redemption pop-up window.,4. Impact of legal and regulatory changes: The use, holding, redemption, and potential profits of BGUSD may be affected by changes in global laws, regulatory policies, or enforcement actions — particularly as the compliance landscape continues to evolve in areas such as asset tokenization and digital asset yield products.

Question 4

Which USD stablecoins does BGUSD support?

Accepted Answer

Currently, BGUSD subscriptions support USDT and USDC. Subscriptions made with USDT will be automatically converted to USDC via spot trading.

Question 5

What is the conversion rate between USD stablecoins and BGUSD? What are the corresponding subscription and redemption fees?

Accepted Answer

The exchange rate between BGUSD and USDC is 1:1, and the exchange rate between BGUSD and USDT is based on the real-time spot market price of USDT/USDC. The subscription fee is 0.1%, and the redemption fee is 0.1%. Bitget reserves the right to adjust these fees.

Question 6

Why might an attempt to convert USD stablecoins into BGUSD fail?

Accepted Answer

You may have insufficient USDT/USDC in your wallet. If you have reached the maximum BGUSD holding limit, you cannot purchase more.

Question 7

What is the maximum subscription/redemption limit for BGUSD?

Accepted Answer

There is no limit for VIP subscriptions. For non-VIP users, the subscription limit is 25,000 USDC or its equivalent in USDT.,The daily quota for Express Redemption of BGUSD is limited. Refer to the table below for details:,[object Object],There is a daily redemption limit based on the available liquidity from the partner institution, as shown in the redemption pop-up window.,Alternatively, you can select Standard Redemption. The redemption is typically credited in T+3 days, depending on the partner institution's processing schedule.

Question 8

Can I partially redeem BGUSD? Are there any limits?

Accepted Answer

You can choose to partially or fully redeem your BGUSD. Due to liquidity limits with the partner institution, the daily quota for Express Redemption depends on the liquidity of the partner institution, as shown on the redemption pop-up window.

Question 9

When will I receive my USDC after Express Redemption?

Accepted Answer

If platform liquidity is sufficient, you will receive the redeemed USDC within one minute after redemption.

Question 10

If I subscribe BGUSD with USDT, can I choose to redeem in USDT?

Accepted Answer

No, only USDC redemption is currently supported.

Question 11

What if the daily redeemable amount is zero?

Accepted Answer

The daily redeemable amount resets at 12:00 AM (UTC+8) every day. It is recommended to redeem after the reset.

Question 12

Can BGUSD be withdrawn?

Accepted Answer

No. BGUSD is an internal platform certificate, not a blockchain-based token. It is not minted on any blockchain and cannot be deposited or withdrawn externally.

Question 13

Where does the profit come from?

Accepted Answer

To generate daily rewards, Bitget deploys its own funds into partner yield-generating products. The interest earned is distributed to BGUSD holders as rewards. Bitget does not invest user funds directly as a trustee in third-party products—only processes stablecoin subscriptions and distributes BGUSD accordingly.

Question 14

Will the value of BGUSD grow over time?

Accepted Answer

No. The daily profit generated by BGUSD is distributed to the user's spot account in BGUSD.

Question 15

How is my daily profit calculated?

Accepted Answer

Daily profit = minimum daily holdings × real-time APR ÷ 365

Question 16

How is the "minimum daily holdings" calculated?

Accepted Answer

Your BGUSD balance is automatically recorded every hour. The minimum balance across the 24 snapshots is used to calculate your profit.,For example:,Emily deposited 1000 BGUSD at 8:00 AM on April 10 and has held it ever since.,Profit for April 10: The system checked the hourly balance from April 10, 1:00 AM to April 11, 12:00 AM. Since the balance was zero between 1:00 AM and 7:00 AM, the minimum daily holding is zero, so the profit is also zero.,* Profit for April 11: The system reviewed snapshots taken from April 11, 1:00 AM to April 12, 12:00 AM, and confirmed that the balance remained ≥ 1000 BGUSD. In this case, the minimum daily holding of 1000 BGUSD is used as the basis for profit calculation.

Question 17

What are the differences between APR and APY?

Accepted Answer

The annual percentage rate (APR) is based solely on simple interest and does not take compound interest into account.,The annual percentage yield (APY) includes the effect of compounding, where earned interest is reinvested to generate additional returns.,For a product with compound interest, returns that have not been redeemed will continue to accrue interest, and thus the APY reflects the yield more accurately.

Question 18

Is the APY shown on the product page guaranteed?

Accepted Answer

The APY shown on the product page represents historical APY and does not guarantee future results.

Question 19

Why haven't I received the profit?

Accepted Answer

Your minimum BGUSD balance on the calculation date will be used to determine your eligible balance and profit. If your BGUSD holdings drop to zero during any of the 24 hourly snapshots, it may affect your eligibility.,Here are some additional possible reasons:,* You may not earn profits on the first day of your BGUSD subscription or the last day you hold BGUSD.,If you subscribe to additional BGUSD or partially redeem your BGUSD holdings within a day, the subscribed/redeemed BGUSD amount will not be used to calculate your eligible balance on the calculation date, and you will not receive the profit for the subscribed/redeemed BGUSD on the calculation date.

Question 20

Can I receive profit if I buy BGUSD from the market or obtain it through a transfer?

Accepted Answer

Yes. BGUSD obtained via transfer or purchase will be included in the calculation based on the real-time APR and the minimum BGUSD balance recorded in the hourly snapshots of the user's account for that day.

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