Bitget Lists SATOSHIS (SATS) In BRC20 Zone And BTC Ecosystem Zone

VICTORIA, Seychelles — November 9th, 2023 — Bitget, the leading cryptocurrency derivatives and copy trading platform, has listed SATOSHIS (SATS) of the BRC20 Ordinals in its Innovation zone through which users can buy and sell the token in BRC20 and BTC Ecosystem Zone. SATS's Spot trading corridor will open at 4.30 AM on 9th November (UTC).

Bitcoin Ordinals protocol allows individuals to utilize satoshis (SATs) as a unit of Bitcoin. It assigns a unique identifier and is transacted with extra data attached. Ordinals is a mechanism of trading smaller units of Bitcoin through the BRC20 chain placed on top of the original Bitcoin blockchain. Ordinals theory drives the mechanics behind how Bitcoin ordinals work.

Ordinals theory defines satoshis (sats) as the atomic unit that can be identified and traded individually on the Bitcoin network. Exactly 100 million units of SATS make up 1 Bitcoin. SATS are numbered based on the mining order, and this number uniquely identifies a SAT as ordinal-verified.

SATS listing on Bitget's innovation zone makes it easier for users to dive into the initial launch phases of the token including more upcoming high-potential crypto projects. Designed for the trading of new token offerings, the innovation zone is mainly for trending tokens (initial) listing, a 60-day valuation period is given for all the newly listed pairs in the zone. The newly listed tokens will be regularly reviewed to ensure that the token adheres to Bitget’s platform standards, including trading volume, liquidity, the team, project development, and other criteria to keep the listing status active.

"The addition of SATS underscores Bitget's strategic expansion and commitment to broadening investment options for its users. In the first three quarters of 2023, Bitget has notably expanded its spot market offerings with more than 255 new listings, granting exceptional access to highly valuable digital assets within the industry," said Gracy Chen, Managing Director at Bitget.

Bitget users can buy trending and newly listed tokens such as SATS with debit/credit card, bank transfers and other multi-currency payment methods. The deposits for SATs have been opened and trading begins on 9th November, 4.30 AM (UTC). Users can trade SATS with USDT pairings on Spot and Grid.

For more information on trading SATS, please visit the official announcement.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

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