To assist affiliates, influencers, and professional traders who have been harmed by the FTX issue, Bitget has set aside a fund.
In order to assist affiliates, influencers, and professional traders harmed by the FTX crash, the top global cryptocurrency exchange Bitget has announced the launch of Builders’ Fund, a new $5 million program.
After seeking bankruptcy protection in the US last week, the exchange FTX reported that its wallet had been compromised, causing a fall in the cryptocurrency market. The fall of FTX has unavoidably had a significant influence on the whole Web3 market due to the vast range of business products, and users of the platform are most impacted by this crisis.
As a well-known and trustworthy cryptocurrency exchange, Bitget works to create a positive atmosphere where developers may create an improved version of the crypto world. To help affiliates, influencers, and professional traders who have been harmed by the FTX issue, Bitget has put aside a 5 million USD Builders’ Fund.
With the necessary credentials, affected users can ask for financial assistance from the Builders’ Fund. Please refer to the official release for further information regarding the application requirements and associated terms & conditions.
“We have developed a 5 million USD ‘Builders’ Fund’ to provide those innocent victims with various assistance,” adds Gracy Chen, managing director of Bitget. We also want to use this opportunity to let the nervous market know that Bitget and many other active builders are still working hard to develop the cryptocurrency industry. We should work together, support one another, and wait for dawn during this dark time.
