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Bitget Token (BGB) is the exclusive platform token for the centralized exchange Bitget and the decentralized Bitget Wallet ecosystem. As a utility token, it can be used for trading, paying transaction fees, participating in platform activities, and accessing perks.
Who Are the Founders of Bitget Token?
Behind Bitget is a team of visionary early adopters dedicated to a blockchain-powered future. Since 2018, we have been building an exchange focused on empowering users to trade smarter through a secure, all-in-one crypto investment platform.
The leadership team is comprised of seasoned professionals with experience at global giants like Goldman Sachs, Facebook, and Binance, including CEO Gracy Chen, COO Vugar Usi Zade, CLO Hon Ng, and CBO Min Lin.
What Makes Bitget Token (BGB) Unique?
Bitget Token (BGB) stands out by unlocking access to a wide range of benefits across Bitget's centralized and decentralized ecosystems. Current perks include token farming, earning passive income through staking, early access to high-potential projects on Bitget Launchpad, fee discounts, and exclusive VIP privileges.
Future use cases include on-chain trading, DeFi applications, gas fees, and project airdrop eligibility. Additionally, BGB enables payments with discounts via Bitget Pay and Card, offering premium benefits and expanded services. With its versatile applications, BGB enhances user experience and boosts adoption across Bitget's ecosystem.
How Many Bitget Token (BGB) Coins Are There in Circulation?
The initial supply of Bitget Token (BGB) is fixed at 2 billion tokens, but 800 million BGB (40% of the total supply) were proactively burned by the Bitget team on December 30, 2024, reducing the total supply to 1.2 billion tokens, all of which are now in full circulation.
Starting in 2025, Bitget plans to introduce a quarterly buyback and burn mechanism, transitioning BGB into a deflationary model.
How Is the Bitget Token Network Secured?
Bitget Token (BGB) operates on Ethereum's blockchain using the ERC-20 standard and Proof-of-Stake (PoS) consensus, making it compatible with any Ethereum wallet. Security is bolstered by the Bitget Protection Fund, which held 6,500 BTC ($600M) as of November 2024, and a Proof of Reserves system ensuring a 1:1 reserve ratio, with an industry-leading 137% reserve ratio.
Where Can You Buy Bitget Token (BGB)?
Bitget Token (BGB) can be purchased directly on the Bitget exchange. BGB is also available for trading on Bitfinex.
The live Bitget Token price today is $7.28 USD with a 24-hour trading volume of $135,928,867 USD. We update our BGB to USD price in real-time. Bitget Token is up 4.12% in the last 24 hours. The current CoinMarketCap ranking is #22, with a live market cap of $8,731,137,992 USD. It has a circulating supply of 1,200,000,000 BGB coins and the max. supply is not available.