Bitget Token (BGB) is the native utility token of Bitget, a crypto centralized exchange (CEX). The updated BGB token was launched in July 2021 with the aim of providing platform users with a form of payment within the ecosystem.

The utility token of Bitget can be used by traders for staking, social trading, profit sharing or receiving discounts on trading fees. BGB holders can also participate in the launchpad and launchpool.

Bitget Token (BGB) is the exchange token of Bitget, a centralized cryptocurrency exchange (CEX). The social trading platform was founded in 2018, and registered in the Seychelles. Bitget is a fast-growing derivatives exchange platform with over 8 million registered users in more than 100 countries.

Sandra Lou is the CEO and founding member of Bitget. Lou has nearly 10 years of experience in the traditional financial industry. In 2016, she was introduced to Bitcoin, gained interest in blockchain technology and investing within the crypto industry. In 2017, she joined the founding team of Bitget.

In September 2022, the platform became the third-largest derivatives exchange in the world. According to Bitget, BGB provides low transaction costs as it uses a decentralized blockchain network with no middlemen.

BGB token is highly scalable, according to the website. As the Bitget platform grows, developers ensure that it can manage high transaction volumes without getting congested.

BGB also offers discounted trading fees of up to 20% off, and access to exclusive rewards and promotions to users of Bitget. With BGB, users can profit share using the Bitget flagship product, Copy Trade. Furthermore, holders of BGB can gain early access to projects on the launchpad, or stake and obtain tokens from the launchpool.

The current circulating supply of Bitget Token is 1.4 billion BGB with the maximum amount of 2 billion BGB. The distribution of BGB tokens is as follows: exchange for BFT (Bitget DeFi Token) - 25%; Team Incentives - 20%; Branding (KOL) - 15%; Referrals - 15%; BGB ecosystem - 15%; Investor Protection Fund - 10%

Bitget Token (BGB) is built on top of Ethereum’s blockchain according to the ERC-20 compatibility standard, which means it relies on a Proof-of-Stake (PoS) consensus mechanism. BGB tokens can be securely stored on any wallet which supports Ethereum (ETH).

Moreover, the exchange has received MSB licenses in the U.S. and Canada. The platform is KYC-compliant, Bitget requires identity verification to gain access to financial activities.

Bitget Token (BGB) can be purchased directly on the Bitget exchange. BGB is also available for trading on Bitfinex.

Download the CMC mobile app to track prices of BGB in real-time.

The all-time high of BGB was 0.51524116 USD on 2023-02-16, from which the coin is now down -119.31477679306519%. The all-time high price of Bitget Token (BGB) is 0.51524116. The current price of BGB is down -119.31477679306519% from its all-time high.

As of , there is currently 1.40Bn BGB in circulation. BGB has a maximum supply of 2.00Bn.

The current market cap of BGB is 1.58Bn. It is calculated by multiplying the current supply of BGB by its real-time market price of 1.13.

The all-time low of BGB was 0.05835925 , from which the coin is now up 1836.2825944473236%. The all-time low price of Bitget Token (BGB) is 0.05835925. The current price of BGB is up 1836.2825944473236% from its all-time low.

Bitget Token (BGB) has a market capitalization of $1.58Bn and is ranked #71 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Bitget Token (BGB) price trends and patterns to find the best time to purchase BGB.