What Is Gate BTC Staking Mining?

Gate BTC Staking Mining gives users the opportunity to earn daily on-chain rewards by staking their BTC. With a low minimum requirement, flexible redemption options, and 100% reserve backing, it stands out as the go-to solution for BTC holders seeking stable and secure yield.

Through this feature, users can swap BTC for GTBTC at a 1:1 ratio, earn daily mining rewards by holding GTBTC, and redeem their BTC at any time at the original 1:1 rate.

Product Overview

• Total Staked: 986.53 BTC
• Reference APY: 3.02%
• Exchange Rate: 1 GTBTC = 1 BTC

The data above is based on official figures from Gate.

How Do You Participate in BTC Mining?

1. Stake BTC
   When you stake BTC, you’ll receive GTBTC at a 1 BTC = 1 GTBTC ratio.
2. Hold GTBTC to Earn Rewards
   By holding GTBTC, you’ll automatically earn daily on-chain rewards, distributed to your account in GTBTC.
3. Redeem BTC
   You can redeem GTBTC for BTC at a 1:1 rate at any time, ensuring high liquidity and operational flexibility.

Begin participating in Gate BTC staking to access on-chain mining rewards: https://www.gate.com/staking/BTC

Why Choose Gate BTC Mining?

• Low Entry Barrier: Participate with as little as 0.001 BTC, accessible for investors of any size.
• Flexible Staking and Redemption: Enjoy fast staking and redemption, making it easy to adjust your staking strategy as needed.
• Daily Reward Payouts: Receive daily GTBTC rewards in your account, which are fully transparent and instantly trackable.
• 100% Reserve Protection: Every staking transaction is fully backed by a 100% reserve, delivering robust protection for user assets.

APY and Earnings Details

Why the Reference APY Changes

The reference APY for BTC mining is variable, adjusting based on total on-chain BTC staked and the daily GTBTC rewards payout. To ensure product sustainability, a 3% service fee is applied to earnings.

Reward Calculation Formula

GTBTC Reward = GTBTC Holdings × Daily APY / 365 × (1 - Service Fee)

Reward Distribution Schedule

If you stake BTC on day D, you start accruing rewards from the next day (D + 1).

Important Reminders

1. Once you submit a staking order, it cannot be canceled, but you can always stake again or redeem at any time.
2. This product is only available to accounts and jurisdictions that support Gate’s on-chain earning services.
3. The reference APY is subject to market-driven fluctuations. It is for informational purposes only and does not guarantee any specific yield.

Summary

Gate BTC mining streamlines traditional staking, offering a more flexible, transparent, and accessible approach. Whether you’re a long-term holder or a short-term arbitrageur, you can achieve stable returns with this product.