Portal to Bitcoin (PTB) Listing on Bitget

SEP

03

Event date

Wednesday 03 September 2025, UTC

Event description

Trading opens at 12:00 UTC on September 3, 2025, with the PTB/USDT pair. Deposits are live now, and withdrawals begin September 4 at 13:00 UTC. Portal to Bitcoin uses BitScaler technology for non-custodial atomic swaps of BTC, Ordinals, and Runes across Layer 2s and other chains. The listing includes Launchpool (lock BGB or PTB for 22.4 million PTB), PoolX (lock BTC or ETH for 2.8 million PTB), and CandyBomb (trade to share 2.8 million PTB each for new and existing users). Its purpose is to boost accessibility and reward early participants, highlighting Portal's role in bridging Bitcoin to DeFi. This holds significance as a milestone for BTCfi, potentially drawing more liquidity providers. Impacts could include price discovery and ecosystem growth, but new listings often bring volatility; trade with due diligence.

Recent News

In August 2025, Portal confirmed simultaneous listings on Bitget, Binance Alpha, and MEXC, following a $50 million funding round led by top VCs. July featured testnet expansions for atomic swaps, enhancing cross-chain efficiency. June emphasized partnerships for Ordinals integrations, building on a 2024 launch by a US-based team with expertise in blockchain scaling. These align with BTCfi trends, where Portal stands out for trustless transactions amid $5 billion in sector TVL.

Future Plans

Portal's roadmap targets full mainnet upgrades by Q4 2025, adding support for more L1s and DeFi primitives like lending. 2026 goals include billions in swapped volume through AI-optimized routing and developer tools for custom bridges. The focus remains on making Bitcoin a settlement layer for global assets, with expansions into gaming and RWAs for widespread adoption.

Onchain Data

As PTB prepares for launch, detailed metrics from Dune Analytics or Glassnode are unavailable. Early indicators show growing wallet activity on associated chains, but transaction volume remains minimal pre-trading. Post-listing, monitor Etherscan for liquidity and holder distribution.

Community Sentiment

X buzz is highly positive, with users celebrating the multi-exchange debut as a launch catalyst. Reactions highlight promotions for easy entry, while influencers praise Portal's non-custodial tech; some note funding strength, fostering optimism despite calls for sustained development.

Portal to Bitcoin

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