PoolX Investment: Flexible Deposits and Withdrawals of BTC, ETH, and BGBTC Let's review BGBTC. Simply put, when you deposit BTC into Bitget, the platform will give you BGBTC (a token) mapped 1:1 to your account. The purpose is to use this token to participate in activities on various on-chain protocols to earn rewards. Your original BTC is always stored in a wallet managed by BG and will not be placed on external on-chain protocols. Even if an external on-chain protocol experiences security vulnerabilities or is attacked, it will not affect the security of your real BTC assets (which remain in the wallet managed by the exchange). Our core risk control bottom line is that if an on-chain protocol is attacked, the stolen BGBTC cannot be exchanged for real BTC. As long as this bottom line is not crossed, your BTC is protected. This is far, far safer than customers investing in various on-chain financial products themselves.