Bitget Token (BGB)
Meet BGB Token - the key to unlock various benefits on Bitget
Bitget Token (BGB) Introduction
Established in 2018, Bitget is the world’s largest crypto copy trading platform. Serving over 8 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. According to CoinCodex, Bitget is currently a top 5 futures trading platform and a top 10 spot trading platform.
Bitget was launched ten years after the pseudonymous Satoshi Nakamoto published his thesis paper on a ‘peer-to-peer cash system', which is usually known as the Bitcoin White Paper. The name Bitget is a combination of ‘Bit' in ‘Bitcoin' and ‘get'; that is, our mission since the very beginning has always been to adhere to Nakamoto's ideology of creating a fairer and more democratic financial system, i.e., making Bitcoin and other cryptocurrencies accessible to everyone from everywhere around the globe.
The BGB Token is Bitget's own platform token and is driven by the belief that a crypto ecosystem should be simple, secure, and accessible to everyone around the world. As a platform token, the top priority for BGB is to provide a diverse range of exclusive benefits to holders, so that we can benefit together from Bitget’s growth.
More details can be found on BGB's official page.
Latest BGB Price Trends
Why BGB Is Your Blue Chip Exchange Token? You might ask.
Below is a special chart demonstrating that BGB still has huge room for growth. The Market Cap To Exchange Transactions Ratio adopts the principle of NVT, assessing the exchange tokens with respect to each platform volume. Compared to other exchange tokens, BGB is extremely undervalued as its market cap is still too small.
It is worth mentioning that BGB has had an excellent year of 2022 in terms of performance.
It was one of the rare tokens to have recorded its all-time high in Q4 2022 at US$0.238136 on October 21. Fast forward to February 2023 and it constantly accomplished new, amazing achievements: four consecutive weeks of new highs from US$0.221995 (January 23 - January 29), US$0.223903 (January 30 - February 05), US$0.391977 (February 06 - February 12) and US$0.515241 (February 13 - February 19).
There’s also been healthy growth in BGB’s volume, recording US$336.9 million in March 2023 (see more details in the chart below and here).
The upsurge of BGB price since the start of this year obviously has a positive impact on the token volume. Interest cooled down in November, December and January but skyrocketed in February to US$315.6 million, equivalent to an increase of 225% from January.
If we compare BGB volume of Q4 2022 and Q1 2023, a change of 115% is also to be confirmed. February volume alone is almost equal to Q4 2022 volume (US$349 million), indicating a strong accumulation among investors.
BGB Holder Privileges
BGB is designed to be seamlessly integrated with every feature on the platform to deliver continuous benefits and a broad range of exclusive privileges to all BGB holders. Let's check out the ever-growing list of ways you can use BGB.
Early access to new projects
• Launchpad: Use BGB to purchase carefully selected project tokens in the early investment stage.
• Launchpool: Stake BGB to grab a share of qualified project tokens for free.
• Super Airdrop: Eligible BGB holders will receive airdrops of any new crypto asset listed on Bitget.
Offers and discounts
• Transaction fee discounts: Users can get 20% off spot transaction fees when paying with BGB.
• Groupcoin: Buy mainstream tokens at a discount when holding a certain amount of BGB.
• Profit sharing: Traders who hold BGB can share up to a 10% commission of their followers’ profits.
• Bitget lottery: Hold BGB for the chance to win prizes in BGB every day.
• Futures trading rewards: Hold BGB for a required number of days to claim the coupons applied for futures trading on Bitget.
• Free withdrawal: Stake BGB and enjoy zero-fee withdrawals on multiple cryptocurrencies.
• Bitget VIP: Hold a certain amount of BGB to enjoy discounts on transaction fees and enjoy exclusive privileges as a VIP user.
• Higher APY for advanced BGB Earn users: Large BGB holders can earn higher APY by subscribing to BGB Earn.
• Buy BGB at a discount: Subscribe to BGB Earn for a designated number of days to buy BGB at a discount.
• Vote to List: Use BGB to vote to decide whether the project will be listed on the exchange and get rewards.
• Buyback-and-burn program: Bitget will start the buyback and burn BGB at the appropriate time to support the growth and price stability of the token's value.
How to get Bitget Token (BGB)
Visit Bitget’s website or app, create a new account, or log in to your existing one.
- You can also quickly buy BGB with fiat currencies.
- Swap small assets to BGB: You can exchange assets valued under 5 USDT for BGB on the Bitget platform. Select ‘Convert Small Balances to BGB’ on the website through the Assets page, or Exchange BGB on the app on your spot assets screen.
BGB Earn is an asset management platform for BGB investors to grow their earnings. You can earn BGB every day by subscribing to various flexible-earning products.
Stake BGB and get gas-free withdrawals on multiple cryptocurrencies. Find out how to stake BGB, and enjoy free withdrawal rewards galore here!
Super Airdrop: Exclusive New Benefit for BGB Holders
Together with other benefits that have been outlined in BGB's recently released updated whitepaper, including BGB lotteries, zero-fee futures trading, exclusive earning services, and BGB buybacks, Super Airdrop is the latest in a series of initiatives by Bitget to build sustainable value around BGB.
Super Airdrop enables BGB holders to receive airdrops of every new crypto asset listed on Bitget. It’s pretty simple, no registration button, just hold a minimum of 4,000 BGB for 15 consecutive days leading up to the airdrop registration, and bam, you are automatically qualified for the Super Airdrop rewards!
- Your account must meet the minimum BGB holding threshold of 4000 BGB for a period of 15 consecutive days before the opening day for trading a newly listed token.
- Bitget will calculate the daily average BGB holdings during the 15-day snapshot period
(Total amount of BGB during the 15 days ÷ 15 days)
- The total reward = your's daily average BGB holding ÷ sum of all participants' daily average BGB holding × the prize pool
- Snapshot time: Snapshots will be taken daily and randomly during the 15-day period before the new token can be traded. Find more details on how we calculate your daily BGB holdings here.
- Your daily BGB holdings volume is based on your hourly average BGB holding volume (includes BGB in your spot account, margin account, futures account, P2P account, Earn account, and MegaSwap account). Pending BGB orders are also included.
- Your BGBs will only be used in reward calculation and will not be frozen.
- If on any of those days, your's BGB holding falls below 4000 BGB, you will no longer be eligible for the Super Airdrop.
Feeling ready to create a safe and reliable BGB ecosystem with us? Get BGB now!
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