Bitget, a prominent cryptocurrency exchange and Web3 company, has announced the introduction of Switchboard (SWTCH) to its Bitget Launchpool and has also made the token available for spot trading. Starting September 9, 2025, at 13:00 UTC, trading for the SWTCH/USDT pair will commence, with withdrawals set to be enabled from September 10, 2025, at 14:00 UTC.
As part of the Launchpool initiative, a total of 5,500,000 SWTCH tokens will be distributed as rewards. Users interested in participating can do so by locking either BGB or SWTCH tokens during the campaign period, which will run from September 9 to September 11, 2025. In the BGB locking pool, users can lock an amount between 5 and 50,000 BGB, with maximum limits dependent on their VIP tier. This pool offers the chance to earn from a total of 5,000,000 SWTCH tokens. Meanwhile, the SWTCH pool allows users to lock between 50 and 5,000,000 SWTCH to receive a share of 500,000 SWTCH tokens.
Switchboard is touted as the fastest and most customizable permissionless oracle network, catering to users who prioritize both speed and decentralization. It currently secures billions in assets across more than 51 protocols, providing market data up to three times faster than its competitors. The network’s permissionless framework enables instant launch of data feeds for new assets, allowing traders quick access to new opportunities. With protection from Trusted Execution Environments, Switchboard combines speed with security, enhancing the efficiency of onchain trading procedures.
Bitget is actively expanding its platform, establishing itself as a frontrunner in the cryptocurrency trading space. The exchange has built a strong reputation through innovative solutions that empower its users within a secure centralized-decentralized finance (CeDeFi) ecosystem. With over 800 cryptocurrency pairs available and plans to increase this to more than 900, Bitget connects users with a diverse range of ecosystems including Bitcoin, Ethereum, Solana, Base, and TON. The inclusion of Switchboard aligns with Bitget’s strategy to enhance its ecosystem by integrating high-speed, permissionless oracle infrastructure, providing users quicker access to reliable data and new opportunities in decentralized finance (DeFi) and onchain trading.
Founded in 2018, Bitget serves more than 120 million users across over 150 countries. The platform focuses on facilitating smarter trading experiences, enhanced through features like copy trading. The Bitget Wallet supports more than 130 blockchains and millions of tokens, integrating multi-chain trading, staking, payments, and direct access to over 20,000 decentralized applications (DApps).
Bitget is also committed to driving cryptocurrency adoption through strategic partnerships. Notably, it acts as the Official Crypto Partner of the prestigious LaLiga in various regions and has teamed up with UNICEF to promote blockchain education for more than 1 million people by 2027. Additionally, it is the exclusive cryptocurrency exchange partner of MotoGP™, showcasing its involvement in the world of motorsports.
For further details regarding Bitget or its new offerings, interested parties can visit the Bitget website or its official social media channels.
