Instructions on the Conversion of BKB to BWB

Instructions on the Conversion of BKB to BWB image 0
Dear Bitget Wallet Users,
We are thrilled to announce the official launch of Bitget Wallet's platform token, BWB. The airdrop inquiry and point-earning events are currently underway ( link to participate). The launch of BWB signifies not only a significant milestone in our growth journey but also a testament to your enduring trust and support for Bitget Wallet. With the introduction of BWB, Bitget Wallet is poised to embark on a new phase of development.
We recognize that many of you have earlier expressed interest in BKB (the platform points previously issued by BitKeep and stored in cloud wallets), and would like to extend our gratitude and assurance to all BKB holders that your interests will continue to be safeguarded. In this regard, we are initiating a uniform conversion of BKB for BWB:
1. Converting BKB to BWB at a Ratio of 6:10
The conversion of BKB to BWB will proceed at a ratio of 6:10. With a total supply of 1 billion BWB tokens, the conversion will be conducted accordingly based on 600 million BKB tokens previously issued. The BWB tokens received from this conversion will be automatically credited to your Bitget Wallet's Rewards Account (aka the cloud wallet), while the original BKB tokens will be burnt.
2. Completing the Conversion Before BWB Launch in 2024 Q2
The conversion process is set to be completed before the official launch of BWB in 2024 Q2. As we are currently hosting the BWB Points airdrop event, we aim to conduct the TGE & IEO of BWB within Q2. Prior to this, we will ensure the completion of the BKB - BWB exchange, allowing users to receive BWB directly to their wallet addresses for transferring and trading.
Last but not least, we wish to express our heartfelt thanks once again for your continued support and companionship. Bitget Wallet is dedicated to delivering exceptional services, empowering every user to discover new assets and opportunities within the Web3 world. We would also like to encourage all users to actively participate in the BWB Points airdrop event to earn points and secure your chance at even more BWB airdrops in the future!

About Bitget Wallet

Bitget Wallet is Asia's largest and a leading global Web3 wallet with over 19 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on over 40 blockchains.
As the premier choice for Web3 users eager to discover new assets and opportunities, Bitget Wallet provides market-wide trend analysis, rankings, and smart money insights to assist with swap trading. Its launchpad, Fair LaunchPool, and inscribing features position it as the best platform for users to engage with new projects and acquire new assets early on. The incentivized task platform, Task2Get, rewards users for exploring and engaging with the multi-chain ecosystem.
For security, Bitget Wallet has a strong system in place. It employs multiple security checks to ensure the safety of every transaction or interaction. It supports MPC and AA wallets, offers hardware wallet compatibility, and has conducted audits on its core codes for swaps and NFT market protocols. Bitget Wallet users are also eligible to share in a $300 million user protection fund with Bitget, enjoying another layer of added security.
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