Category: Pakistan

Bitget Launches UEX Jumpstart Program With 430K USDT Rewards

VICTORIA, Seychelles, May 19, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has launched the UEX Jumpstart Program, a multi-product onboarding initiative featuring a total prize pool of 430,000 USDT across crypto futures, precious metals, stocks and CFDs.

Running from May through June, the program is designed to introduce new users to Bitget’s expanding multi-asset ecosystem by bringing together activities across four major product lines under a unified framework. Rather than focusing on a single asset category, the initiative allows users to explore different markets while becoming familiar with how trading behavior is increasingly moving across asset classes.

The launch comes as global trading activity continues to diversify. Earlier this year, Bitget reported that non-crypto assets accounted for as much as 40% of total trading volume during Q1 2026, driven largely by commodities and traditional market products. More recently, the platform’s CFD business surpassed $8 billion in daily trading volume, with gold accounting for 95% of incremental growth, highlighting increasing user participation beyond crypto markets.

“Everyone is into diversification these days,” said Gracy Chen, CEO of Bitget. “Someone looking at Bitcoin today may also be watching gold, stocks, or macro events tomorrow. UEX Jumpstart is really about helping users explore those opportunities in a multi-asset trading ecosystem.”

The UEX Jumpstart Program is structured around four market entry points, introducing users progressively to different segments of the Bitget ecosystem.

Users entering through Stock Weekly Jackpot can explore Bitget’s stock perpetual products with a 100,000 USDT reward pool, featuring incentives ranging from lifetime zero-fee trading cards to rewards linked to global equities such as Tesla and NVIDIA. The campaign is designed to introduce users to equity-linked trading products within the UEX environment.

For users interested in macro-driven opportunities, the CFD May Carnival opens access to contracts linked to broader financial markets through a 100,000 USDT prize pool. Participants completing onboarding activities receive guaranteed rewards while progressing through additional tasks unlocks larger incentives.

The program also introduces users to commodity trading through the Metals & Commodities Futures Promotion, backed by a 60,000 USDT reward pool centered around gold and commodity-linked products, including prizes denominated in XAUT (Tether Gold).

Completing the experience is Futures Rush, the program’s largest track with a 170,000 USDT monthly reward pool. Structured as a progressive challenge system, the campaign guides users through increasingly advanced futures trading activities with rewards including BTC, ETH, XAUT, and other digital assets.

Together, the four campaigns create a guided onboarding pathway across crypto, equities, commodities, and derivatives, reflecting how Bitget’s Universal Exchange model brings traditionally separate markets into one trading environment. As Bitget continues expanding into stocks, commodities, AI-powered trading, and tokenized assets, initiatives such as UEX Jumpstart reflect a broader shift toward exchanges designed around opportunity discovery rather than market silos.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/47a136e7-4281-4768-8847-1975850e5ef3

 

GlobeNewswire Distribution ID 1001182546

Canada’s fastest-growing AI event sells out a month in advance, cementing Edmonton as a global anchor for AI innovation and literacy

EDMONTON, Alberta, May 19, 2026 (GLOBE NEWSWIRE) — Amii (Alberta Machine Intelligence Institute) today officially opens the fifth annual Upper Bound, the premier AI conference that has surpassed all projections to become a cornerstone of the global AI calendar. Welcoming 11,000 researchers, business leaders, and policymakers representing 22 countries, the event has seen a staggering 53% year-over-year surge in scale.

This momentum is fueled by sold-out event passes, a growing roster of community-led sessions, and K-9 school takeovers. This growing demand solidifies Amii’s role as a central pillar in Canada’s AI ecosystem. By connecting world-leading AI research with business leaders, policy-makers, founders, students and educators, Amii is moving beyond theory to transform an optimistic vision for AI into a tangible economic and social reality.

A Convergence of Global Leadership

Upper Bound 2026 features a high-level intersection of government and industry, including:

• Federal & Provincial Leadership:
  • The Hon. Evan Solomon, Minister of Artificial Intelligence & Digital Innovation and Minister for the Federal Economic Development Agency of Southern Ontario, Government of Canada
  • The Hon. Eleanor Olszeweski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada, Government of Canada
  • The Hon. Nate Glubish, Minister of Technology and Innovation, Government of Alberta
  • The Hon. Myles McDougall, Minister of Advanced Education, Government of Alberta
• Industry Titans: On-stage insights and representation from global leaders at Google, Anthropic, Meta, Sony AI, Electronic Arts and Mozilla.

Scaling Canada’s AI Talent Pipeline

The event also serves as a unique immersive training experience for Amii’s massive national training initiatives. This year, Upper Bound welcomes participants from:

• AI Workforce Readiness (AIWR) initiative: A $5M initiative supported by Google.org equipping 125,000 post-secondary students across 57 post-secondary institutions with AI skills.
• AI Pathways: A $10.4M Government of Canada investment empowering 6,000 energy workers with tailored AI training for the low-carbon economy.

Quotes:

“Upper Bound has grown in tandem with the unprecedented acceleration of AI, from advancing world-class research to driving global business adoption and literacy. We are immensely proud to have built a premier platform where a unique cross-section of attendees can connect, ensuring that diverse perspectives shape the next five years of AI innovation. This is where an optimistic AI future is both imagined and realized.” – Cam Linke, Amii CEO

“Canada’s leadership in artificial intelligence is grounded in world-class research and a commitment to translating innovation into real economic impact. The overwhelming demand for Upper Bound reflects the appetite to engage with Canada’s AI ecosystem and the momentum we are building to position our country at the forefront of AI.” – The Hon. Evan Solomon, Minister of Artificial Intelligence and Digital Innovation, Government of Canada.

Event attendees will dive deep into themes critical to the field’s future, including AI for Health, Generative AI for Business Productivity, Ethical Governance, AI Literacy & Education, Energy & the Environment, Blue Sky Research, and more. The program also features an exclusive CEO Circle curated by Cam Linke, designed to spotlight pivotal AI trends and strategic opportunities for today’s executive leaders.

Upper Bound takes place May 19-22 in Edmonton. Full schedule and early access for Upper Bound 2027 available at: www.upperbound.a

About Amii:
Amii (Alberta Machine Intelligence Institute) is one of Canada’s three National AI Institutes. Based in Alberta, Amii supports world-leading research in Artificial Intelligence (AI) and Machine Learning (ML) and translates scientific advancement into industry adoption. Amii is dedicated to advancing leading-edge research, delivering exceptional educational offerings, and providing business advice—all to bring AI out of the lab and into the world. www.amii.ca

Media Contact:
Lynda Vang, Media & Communications Manager, Amii
[email protected]

GlobeNewswire Distribution ID 9721573

Bitget Introduces Delta Neutral Mode for Hedged Trading Strategies

VICTORIA, Seychelles, May 18, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has introduced Delta Neutral Mode within its Unified Trading Account, adding a new risk management feature designed for traders using hedging and arbitrage strategies across spot, margin, and futures markets. The feature applies differentiated auto-deleveraging (ADL) ranking treatment to eligible hedged positions when accounts meet predefined delta neutrality criteria.

Delta Neutral Mode allows users to combine spot, cross margin, and cross futures trading under a single unified account structure while the system evaluates directional exposure at both the account and asset levels. Eligible positions that satisfy the neutrality thresholds receive lower ADL priority during extreme market conditions, helping reduce the likelihood of auto-deleveraging for properly hedged strategies.

The feature is designed for traders running funding rate arbitrage, basis trading, market-neutral strategies, and quantitative hedging models. It supports USDT-M, USDC-M, and Coin-M futures across live trading and demo trading environments, with ongoing rollout across web, app, and API access channels.

“Trading infrastructure continues evolving toward more sophisticated multi-strategy environments where users actively manage exposure across spot, derivatives, and onchain markets simultaneously. Delta Neutral Mode adds more flexibility for traders using hedging and arbitrage strategies while improving how risk treatment is handled within a unified account structure,” said Gracy Chen, CEO at Bitget.

The launch expands Bitget’s broader Unified Trading Account framework, which was developed to improve capital efficiency and simplify cross-market trading execution. The system evaluates account neutrality using delta exposure calculations relative to total account equity, while also verifying whether futures positions are effectively hedged by spot holdings in the same underlying asset.

The introduction of Delta Neutral Mode follows Bitget’s continued expansion of institutional-style trading infrastructure across its Universal Exchange ecosystem, including multi-asset trading access, tokenized financial products, and cross-market collateral functionality. Bitget has continued developing tools that support more advanced trading strategies while maintaining unified account management across multiple market types.

For more information, visit here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/aa9baad4-a7b9-4668-a674-7960ad9c5611

GlobeNewswire Distribution ID 1001182407

Bitget Enters Mexico Market With SAT and UIF Registration

VICTORIA, Seychelles, May 18, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX) has successfully completed key registrations in Mexico to operate within the country’s current virtual asset framework. With the completion of these registrations, Bitget now looks to expand across Central and Latin America, where Mexico stands as one of the company’s most important markets.

Bitget has obtained vulnerable activity registration with Mexico’s Tax Administration Service (otherwise known as SAT), and has also completed registration with the Financial Intelligence Unit (or UIF) of Mexico – together, these registrations place Bitget among the first global platforms to complete this process in Mexico, providing a strong footing in one of the region’s most active crypto markets.

Mexico has become a major focus for digital asset platforms as interest in crypto continues to grow across the country. For Bitget, Mexico remains one of its largest markets across Central and Latin America and one of the key regional priorities. The market’s size, rising user interest, and its wider role in regional financial significance make it an important part of Bitget’s long-term expansion in the region.

“Regulatory progress in crypto constantly changes with the landscape, and each one requires a clear understanding of local rules and how local financial systems operate,” said Gracy Chen, CEO at Bitget. “By following that path in Mexico, Bitget is building on a model that supports responsible growth and gives the business more opportunities to operate alongside banks and financial institutions whose relationships have become increasingly important in penetrating diverse markets.”

The registrations place Bitget in a stronger position to serve the local market within Mexico’s current regulatory regime, which has become more clearly defined following recent reforms that expanded and implied strong AML obligations for virtual-asset activities.

The expansion comes as Bitget continues to grow in markets where user demand and regulatory progress are moving in the same direction. In Latin America, that trend is becoming more visible as more users look for access to digital assets through platforms that are taking a serious and practical approach to operating within local rules. Mexico is expected to play an important role in that shift, both because of its domestic market and its broader influence across the region.

For more information on Bitget’s licenses, please visit here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Editor’s Note
Bitget’s registration in Mexico places the company in a strong regulatory position in the market. Based on current public information, only a few of the major global exchanges are known to have obtained the same registrations, making Bitget one of the very few global platforms to complete this process in Mexico.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6efd1df6-e5e0-4871-ad03-1c12dcc1c57d

GlobeNewswire Distribution ID 1001182540