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Avoid pitfalls with this platform; contract profits not available for withdrawal
About the unreliability of the Bitget platform
I. Market skepticism and user disputes
Anonymity and information transparency disputes
Although Bitget has published asset reserve proofs (such as Merkle tree verification), its platform token BGB accounts for as much as 40.17% of the reserves, far exceeding the industry average. This dependence on its own token's reserve structure may raise liquidity concerns, especially during market volatility.
II. Potential risks of platform tokens (BGB)
1. High volatility and weak risk resistance
BGB, as the core token of the Bitget ecosystem, is mainly used for fee discounts, staking, and other scenarios, but its price fluctuations directly affect the platform's stability. For example, if BGB's price crashes, it may undermine user confidence in the platform.
I. Market skepticism and user disputes
Anonymity and information transparency disputes
Although Bitget has published asset reserve proofs (such as Merkle tree verification), its platform token BGB accounts for as much as 40.17% of the reserves, far exceeding the industry average. This dependence on its own token's reserve structure may raise liquidity concerns, especially during market volatility.
II. Potential risks of platform tokens (BGB)
1. High volatility and weak risk resistance
BGB, as the core token of the Bitget ecosystem, is mainly used for fee discounts, staking, and other scenarios, but its price fluctuations directly affect the platform's stability. For example, if BGB's price crashes, it may undermine user confidence in the platform.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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