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How does Bitget calculate your average BGB or USDT holding?

2024-05-29 07:200974

This announcement was last updated on May 29, 2024, at 14:00 PM (UTC+8).

Average BGB holdings = sum of BGB holdings in each hour ÷ number of snapshots.

Average USDT holdings = sum of USDT holdings in each hour ÷ number of snapshots.

For the purposes of Bitget Super Airdrop, average BGB holdings = average BGB holdings in the spot account.

Calculations for Launchpad promotions take into consideration the user's average BGB or USDT holdings in all accounts (including the spot account, margin account, futures account, funding account, and Earn account).

Example: Assuming the snapshot period is from June 1, 10:00 AM to June 4, 10:00 AM (UTC+8), and you are holding 1000 BGB. You add another 1000 BGB in your holdings on June 2, 10:00 AM (UTC+8). So now you have 2000 BGB in your accounts. Later, you get another 1000 BGB on June 3, 10:00 AM (UTC+8) and now you have 3000 BGB in your accounts.

Because a snapshot is captured every hour, and the snapshot period lasts 72 hours, a total of 72 snapshots will be taken.

Your average BGB holdings = (1000 BGB × 24 + 2000 BGB × 24 + 3000 BGB × 24) ÷ 72 = 2000 BGB.

Notes:

A user's average holdings will be regarded as zero if the calculation result is negative.
The snapshots for each hour will be taken at a random moment in a given hour.
Pending BGB orders are also included.

Warning: Crypto trading involves risk. Do not take your investment decisions lightly. Bitget promises to select only cryptocurrencies with potential, but we shall not be liable for compensation or other responsibilities for any of your trading behaviors.

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