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Reading: Bitget Launchpool to List Switchboard (SWTCH) with 5.5M in Token Rewards
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Bitget Launchpool to List Switchboard (SWTCH) with 5.5M in Token Rewards

News Desk
Last updated: September 10, 2025 8:02 am
News Desk
Published: September 10, 2025
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Bitget, a prominent cryptocurrency exchange and Web3 company, has notably expanded its offerings by incorporating Switchboard (SWTCH) into its Launchpool, as well as enabling spot trading for this token. Trading for the SWTCH/USDT pair commenced on September 9, 2025, at 13:00 UTC, with withdrawal features set to be available from September 10, 2025, at 14:00 UTC.

The Launchpool initiative is set to distribute a total of 5,500,000 SWTCH tokens as rewards to eligible participants. Users interested in joining the campaign can lock either BGB or SWTCH tokens during the event that runs from September 9 to September 11, 2025. Within the BGB locking pool, users can commit between 5 to 50,000 BGB, with the maximum amount contingent on their VIP tier, to qualify for a share of the 5,000,000 SWTCH rewards. Alternatively, in the SWTCH pool, users can lock between 50 to 5,000,000 SWTCH tokens to earn a portion of 500,000 SWTCH.

Switchboard is recognized as a fast, customizable, and genuinely permissionless oracle network designed for those prioritizing speed and decentralization. Currently securing billions in assets across over 51 protocols, Switchboard offers market data up to three times faster than its competitors. Its permissionless architecture allows users to quickly launch data feeds for new assets, providing traders with prompt access to new opportunities. Enhanced by Trusted Execution Environments, this combination of speed and accessibility fosters a more secure and efficient ecosystem for on-chain trading.

In its pursuit of innovation, Bitget continues to solidify its position as a leading platform for cryptocurrency trading. The exchange has established a solid reputation for developing solutions that empower users to navigate the crypto landscape within a secure CeDeFi ecosystem. Currently offering more than 800 cryptocurrency pairs with plans to increase this number to over 900, Bitget facilitates connections to a range of ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The integration of Switchboard into Bitget’s portfolio is a significant stride toward enhancing its ecosystem through high-performance, permissionless oracle infrastructure, granting users faster access to reliable market data and creating opportunities across decentralized finance (DeFi) and on-chain trading.

Established in 2018, Bitget is now recognized as the world’s leading cryptocurrency exchange and Web3 company, serving over 120 million users across more than 150 countries. The platform aims to help users trade more effectively with its pioneering copy trading feature and other advanced trading solutions. Additionally, Bitget Wallet, a non-custodial crypto wallet, supports over 130 blockchains and millions of tokens, featuring multi-chain trading, staking, payments, and direct access to over 20,000 decentralized applications (DApps).

Through various strategic partnerships, including its role as the Official Crypto Partner of LALIGA in Eastern, Southeast Asian, and Latin American markets, Bitget is actively driving the adoption of cryptocurrency. Its collaboration with UNICEF aims to provide blockchain education to 1.1 million people by 2027, and it also serves as the exclusive cryptocurrency exchange partner for MotoGP, adding another dimension to its commitment to enhancing the global impact of cryptocurrency.

For additional information about Switchboard and Bitget, users can explore various online resources provided by the exchange. It is important for potential investors to note that digital asset prices can fluctuate significantly, and they should only invest funds they are prepared to lose, considering personal financial advice is always recommended.

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