What is Bitget Token (BGB)?
Bitget is a centralized crypto derivatives and spot exchange. Bitget helps everyone to easily trade cryptocurrencies in a secure environment. As one of the world's leading cryptocurrency exchanges, Bitget is on a mission to inspire individuals to embrace crypto and connect with the future. To accomplish this, Bitget aims to be the portal that transcends Web2 and Web3, connects CeFi and DeFi, and bridges the vast web of crypto.
Key features of Bitget:
- Innovative Products: One-click copy trading; trade without converting tokens; the leading derivative exchange supporting USDC margin
- Industry-leading Security: Risk Control with hot & cold wallets segregation; 12 A+ ratings from SSL Labs; trusted security backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors
- Excellent Customer Service: 24/7 multilingual online support; 1-on-1 support for VIP customers; reward centers dedicated to community.
BGB key utilities:
- Use BGB as a margin to unlock a 15% discount on trading fees
- Pay with BGB to get a 20% discount on all trading fees
- Use BGB as collateral for more collaboration opportunities
- Holding BGB gives you access to Bitget rewards, private circle tickets, and more
- Stake to earn with BGB to enjoy value-added income
- Bitget Launchpad gives you early investment-access to up-and-coming projects.
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.