Bitget Token
BGB Price
Bitget Token (BGB) is the native utility token of Bitget. More
| Fully Diluted Valuation | $5.11B |
|---|---|
| 24H Trading Volume | $105.31M |
| 24H Low / High | $4.33 / $ 4.53 |
| Circulating Supply | 1.17 B |
| Total Supply | 1.17 B |
| Max Supply | 2.00 B |
| Categories | Exchange-based Tokens 4 more |
|---|---|
| Founder | Sandra Lou |
| Website | partner.bitget.com |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Morphl2 3 more |
| Contracts |
0x54d....90581
1 more
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| Name | Pair | OG Score |
|---|
Bitget Token (BGB) emerged onto the cryptocurrency scene in July 2021 as the native utility token of Bitget, a rapidly growing centralized exchange (CEX). This ERC-20 compatible token, built on Ethereum's blockchain, serves as a versatile asset within the Bitget ecosystem, offering users a range of functionalities.
Diverse Use Cases:
Bitget Token (BGB) serves various purposes within the Bitget platform. Traders can leverage BGB for staking, participating in the network's operations. Social trading is facilitated, allowing users to follow and emulate successful traders. The flagship product, Copy Trade, enables profit-sharing through BGB. Additionally, BGB holders can enjoy discounts on transaction fees, making it an attractive option for cost-conscious traders.
Access to Exclusive Opportunities:
One distinctive feature of BGB is its role in providing users with early access to projects through the launchpad and the ability to stake and obtain tokens from the launchpool. This feature not only adds value for token holders but also enhances the overall engagement and participation of the Bitget community.
Historical Growth and Leadership:
Bitget Token's journey is closely tied to Bitget, a platform founded in 2018 by Sandra Lou, the CEO and a founding member. With nearly a decade of experience in the traditional financial industry, Sandra Lou transitioned into the crypto space in 2016, gaining interest in blockchain technology. In 2017, she joined the founding team of Bitget, steering the platform's growth to become one of the largest derivatives exchanges globally by September 2022.
Security Measures and Compliance:
Bitget Token's security is reinforced by its foundation on Ethereum's blockchain and adherence to the ERC-20 standard. Operating on a Proof-of-Stake (PoS) consensus mechanism ensures a secure and decentralized network. Additionally, Bitget has obtained MSB licenses in the U.S. and Canada, underscoring its commitment to regulatory compliance. The platform's KYC (Know Your Customer) procedures further enhance security by requiring identity verification for users engaging in financial activities.
Unique Features and Scalability:
Bitget Token (BGB) stands out in the crypto space due to its low transaction costs attributed to a decentralized blockchain network that eliminates intermediaries. As Bitget positions itself as the third-largest derivatives exchange globally, BGB's scalability ensures efficient management of high transaction volumes without congestion.
Incentives for Users:
BGB offers more than just utility; it provides holders with discounted trading fees of up to 20%, exclusive rewards, and promotions. The token's versatility extends to profit-sharing through Copy Trade, making it a compelling choice for traders seeking both functionality and incentives.
In conclusion, Bitget Token (BGB) has quickly become a prominent player in the cryptocurrency space, offering a robust ecosystem with diverse use cases, exclusive opportunities, and a commitment to security and compliance. As Bitget continues its growth trajectory, BGB remains a key element, contributing to the platform's success and providing users with a valuable asset within the crypto landscape.
Bitget Token (BGB) operates on Ethereum's blockchain with ERC-20 compatibility, utilizing a Proof-of-Stake (PoS) consensus mechanism. Additionally, the platform holds MSB licenses in the U.S. and Canada, ensuring regulatory compliance, and requires KYC verification for access to financial activities.
Bitget Token (BGB) stands out for its role as the native utility token of Bitget, a rapidly growing derivatives exchange platform. With a decentralized blockchain network and a third-place ranking among derivatives exchanges globally, BGB offers low transaction costs, scalability, and various benefits, including discounted trading fees and early access to projects.
Bitget Token is associated with Bitget, and its CEO and founding member is Sandra Lou. With nearly a decade of experience in the traditional financial industry, Lou joined the crypto space in 2017 and played a key role in the founding team of Bitget.
You can buy Bitget Token (BGB) on Bitget, MEXCBitfinexIndodaxUniswap V2 (Ethereum) cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Bitget Token (BGB) is ($1,169,993,089), max supply of Bitget Token BGB is ($2,000,000,000) and the market cap of Bitget Token BGB is ($5,107,086,365).
What is the Bitget Token (BGB) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Bitget Token (BGB) is $4. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Bitget Token (BGB) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Bitget Token BGB) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Bitget Token (BGB) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Bitget Token (BGB) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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