Users can deposit USDT or USDC for Cash+ tokens with daily auto-compounding yield, instant redemption, and a July 11-18, 2026 promotion tied to interest on a $10 million principal.
Bitget has launched Cash Plus, which it describes as its first platform-level yield-bearing asset product, allowing users to deposit USDT or USDC and receive Cash+ tokens at a 1:1 ratio. Cash+ accrues daily auto-compounding yield, has a 4% reference APR at launch with the actual rate adjusted dynamically based on market conditions, and can be redeemed instantly with zero fees in the original deposited token. Bitget said Cash+ is intended to function like cash across its platform and is expected to be accepted directly as trading margin in Q3. The company is also running a Cash Plus $10 Million Challenge from July 11 to July 18, 2026, in which verified users who make a cumulative net transfer of at least 888 USDT or 888 USDC into Cash Plus will be entered into a random draw to win the full amount of interest generated over seven days by a $10 million Cash+ principal, paid in USDT.