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Bitget Token

BGB

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Bitget Token Basic
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Bitget Token Info

White paper
white paper
Website
bitget.com
Contracts
Etherscan:0x54...0581
Explorers
etherscan.io
ethplorer.io
Community
Twitter
Telegram
Discord
Linkedin
Reddit
Youtube
Source code
Sector
CeFi
First issue time
Oct 26, 2021
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Bitget Token Team

Individuals
Gracy Chen
CEO at Bitget
Perry Puan
CFO at Bitget
Vugar Usi Zade
COO at Bitget
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Bitget Token Intro

Bitget Token (BGB) is the native utility token of Bitget, a centralized cryptocurrency exchange (CEX). Launched initially in July 2021, BGB is designed to provide a wide range of utilities within the Bitget ecosystem. BGB holders can benefit from staking, social trading, profit sharing, and trading fee discounts. In addition, the token grants users exclusive access to the Launchpad and Launchpool features for participating in token sales and liquidity mining.

In 2024, BGB underwent a significant smart contract upgrade aimed at expanding its utility beyond centralized exchanges, opening the door to decentralized applications (DApps) and integrations with sectors such as DeFi, GameFi, and SocialFi. This upgrade allowed for futures trading with up to 50x leverage and new listings on additional decentralized and centralized platforms.

A major event occurred in October 2024, when BGB experienced abnormal price volatility, temporarily dropping by 43.5% due to a series of leveraged trades. The token price quickly rebounded, and Bitget announced full compensation for users impacted by the price drop.

Bitget Token Unlock & Allocation
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Q&A about Bitget Token Tokenomics

Explore the tokenomics of Bitget Token (BGB) and review the project details below.


What is the allocation for Bitget Token (BGB)？

According to the official whitepaper, the Bitget Token (BGB) has a total supply of 2 billion, of which 1.4 billion tokens are already in circulation.

For distribution：

- 25% was allocated in exchange for BFT

- 20% is allocated for team incentives

- 15% is allocated for branding (KOL)

- 15% is allocated for referrals

- 15% is allocated for the BGB ecosystem

- 10% is allocated for the Investor Protection Fund


What is the supply schedule for Bitget Token (BGB)？

According to the official white paper, there are still 14% of the total supply (2 billion) for team incentives, 9% for branding, and 7% for referrals that have not been allocated. These tokens, which together account for 30% of the total supply, will be released in January 2024. You can also refer to the website https://www.bitget.com/events/BGB/intro for the latest information on token release.

Bitget Token Token Allocation

Circulating Supply: 25%
Team Incentive: 20%
Acquisition of New Users: 15%
Branding and Promotion: 15%
Ecosystem Investment: 15%
Investor Protection Fund: 10%

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Bitget Token Price Live Data
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The live Bitget Token price today is $1.40688 USD with a 24-hour trading volume of 38479362 USD. We update our Bitget Token to USD price in real-time. Bitget Token is +3.52% in the last 24 hours. The current SoSoValue marketcap ranking is # 56, with a live market cap of $ 1,969,633,406.88 USD. It has a circulating supply of 1,400,001,000 BGB coins and a max supply of 2,000,000,000 BGB coins.
Bitget Token
BGB
#60
$0
+3.52%
Total dollar volume24H
$38,479,362
High24H
1.4181 USDT
Low24H
1.3302 USDT
Market Cap
#60$1,969,633,407
FDV
$2,813,760,000
Turnover rate
1.95%
Circulating supply
1,400,001,000
Total supply
2,000,000,000
Max supply
2,000,000,000
All time high
1.4878 USDT
All time high date
Jun 01, 2024
Down from All time high
-5.44%
Cycle low
0.54 USDT
Cycle low date
Oct 07, 2024
Up from cycle low
160.45%
Contracts
Etherscan:0x54...0581
Official links
Website
White paper
Socials
Twitter
Telegram
Discord
Linkedin
Reddit
Youtube
Introduction

Bitget Token (BGB) is the native utility token of Bitget, a centralized cryptocurrency exchange (CEX). Launched initially in July 2021, BGB is designed to provide a wide range of utilities within the Bitget ecosystem. BGB holders can benefit from staking, social trading, profit sharing, and trading fee discounts. In addition, the token grants users exclusive access to the Launchpad and Launchpool features for participating in token sales and liquidity mining.

In 2024, BGB underwent a significant smart contract upgrade aimed at expanding its utility beyond centralized exchanges, opening the door to decentralized applications (DApps) and integrations with sectors such as DeFi, GameFi, and SocialFi. This upgrade allowed for futures trading with up to 50x leverage and new listings on additional decentralized and centralized platforms.

A major event occurred in October 2024, when BGB experienced abnormal price volatility, temporarily dropping by 43.5% due to a series of leveraged trades. The token price quickly rebounded, and Bitget announced full compensation for users impacted by the price drop.

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