News

According to TechFlow, on December 18, Bitget announced a comprehensive upgrade to its VIP system, introducing a new service philosophy of "lowest fees, most generous benefits." This upgrade aims to create a lower-cost and more unified trading and asset management environment for high-frequency traders and high-net-worth users through structural fee optimization and rights integration, further enhancing capital efficiency for professional investors. In terms of visual presentation and interactive experience, this upgrade introduces clearer VIP identity markers and functional layouts, ensuring users can intuitively view the fee structure and exclusive benefits across all business lines. The upgraded VIP Center positions "fee advantages" as its core value proposition, allowing VIP users to enjoy up to a 67% fee discount at the same trading volume level, significantly reducing the friction costs of large-scale trading. Regarding the rights structure, Bitget has integrated multiple VIP incentive mechanisms. VIP users can participate in monthly airdrop events through the "Exclusive VIP Airdrop Festival," and deeply engage in token incentive projects such as Launchpool and PoolX. Contract trading users can also join high-reward competitions through exclusive leaderboards. In addition, for users with larger capital allocation needs, the platform has launched the "VIP Exclusive Wealth Center," offering customized wealth management product options, further improving the overall trading and asset management service system.

BlockBeats News, December 18, JPMorgan has migrated its tokenized deposit product JPM Coin (JPMD) from the internal permissioned chain Kinexys to the Ethereum Layer 2 network Base on an exchange, in order to meet institutional clients' needs for payments, collateral, and margin settlements on public blockchains. JPMorgan stated that currently, cash or cash-like instruments on public blockchains are mainly stablecoins, so there is market demand for on-chain payment tools based on bank deposits. JPMD is a permissioned token that can only be transferred between whitelisted users and can serve as a payment tool for collateral or margin related to crypto trading. (CoinDesk)

BlockBeats News, December 18, JPMorgan Chase has migrated its tokenized deposit product JPM Coin (JPMD) from the internal permissioned chain Kinexys to an exchange's Ethereum Layer 2 network Base to meet institutional clients' needs for on-chain payments, collateralization, and margin settlement. JPMorgan Chase stated that currently, cash or cash-like instruments on public blockchains are mainly stablecoins, so there is a demand in the market for on-chain payment tools based on bank deposits. JPMD is a permissioned token that can only be transferred between whitelisted users and can serve as a collateral or margin payment tool for crypto transactions. (CoinDesk)