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How does Bitget calculate your average BGB holding?
Bitget
2023-06-28 07:00
This announcement was last updated on June 28, 2023, at 12:00 AM (UTC+8).
Average spot BGB holdings = sum of BGB holdings in each hour ÷ number of snapshots.
For the purposes of Bitget Super Airdrop, average BGB holdings = average BGB holdings in the spot account.
Calculations for Launchpad promotions take into consideration the user's average BGB holdings in all accounts (including the spot account, margin account, futures account and Earn account).
Example: Assuming the snapshot period is from May 11, 10:00 AM to May 14, 10:00 AM (UTC+8), and you are holding 1000 BGB. You add another 1000 BGB in your holdings on May 12, 10:00 AM (UTC+8). So now you have 2000 BGB in your accounts. Later, you get another 1000 BGB on May 13, 10:00 AM (UTC+8) and now you have 3000 BGB in your accounts.
Because a snapshot is captured every hour, and the snapshot period lasts 72 hours, a total of 72 snapshots will be taken.
Your average BGB holdings = (1000 BGB × 24 + 2000 BGB × 24 + 3000 BGB × 24) ÷ 72 = 2000 BGB.
Notes:
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A user's average holdings will be regarded as zero if the calculation result is negative.
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The snapshots for each hour will be taken at a random moment in a given hour.
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Frozen and locked-up BGB will be included in the calculation.
Warning: Crypto trading involves risk. Do not take your investment decisions lightly. Bitget promises to select only cryptocurrencies with potential, but we shall not be liable for compensation or other responsibilities for any of your trading behaviors.
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