Bitget’s Native Token BGB to be Listed on Bitfinex, Driving Liquidity and Accessibility

Press release
Victoria
,
Seychelles, April
24
,
2023 –
Bitget, the largest crypto copy trading platform, announced that its native platform token BGB will be listed on Bitfinex, driving liquidity and accessibility while increasing its value and utility. The supported trading pair is
BGB/USDT, and the trading service will be opened at Bitfinex.
BGB is a utility token that plays a vital role in Bitget's ecosystem, with a circulating supply of 1,400,000,000 BGB coins and a total supply of 2,000,000,000. It provides users with access to exclusive privileges and various rights on the Bitget exchange, including fee discounts, opportunities to join Launchpad and Launchpool to access high-quality tokens, vote for project listings, and so on.
Gracy Chen, Managing Director of Bitget says, "
We are thrilled to see BGB listed on Bitfinex's platform
, reflecting the recognition and achievement of Bitget in
the
crypto space
. With the ongoing initiatives to increase the usage and value of BGB, we expect that this move will further expand the reach of our platform.
In the meantime, as our ecosystem continues to grow in the CeFi and DeFi world, empowering BGB with more visibility and utility will also be one of our focuses ahead."
The decision to list BGB on Bitfinex comes in response to the increasing demand for the token in the m arket. Entering 2023, BGB has experienced significant price growth over the last few months and reached an all-time high of 0.51 USDT in February. The surge in price can be attributed to several factors, including the increased adoption of the Bitget exchange and its recent efforts in building the spot trading market. And the recently
updated BGB whitepaper revealed that more new features of the native token are being developed, including the BGB lottery, trial fund for futures trading, and exclusive earning services. A BGB buyback and burn mechanism are also being considered to reduce the token's circulating supply and eventually boost its value.
About Bitget
Bitget, established in 2018, is the world's leading cryptocurrency exchange with futures trading and copy trading services as its key features. 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. It also inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi, the leading Italian football team Juventus, and official eSports events organizer PGL. According to Coingecko, Bitget is currently a top 5 futures trading platform and a top 10 spot trading platform.
For media inquiries, contact:
[email protected]
Recommended
- Press releaseBitget Releases April 2025 Proof of Reserves Report: User Assets Secured at 191% Reserve Ratio Victoria, Seychelles, April 25th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has published its monthly Proof of Reserves (PoR) report for April 2025, which shows its continued commitment to transparency and user asset security. The latest verification confirms that Bitget maintains highly secure collateralized reserves, with an industry-leading 191% overall reserve ratio, ensuring full backing of all user funds. Bitget continues
2025-04-25
- Press releaseBitget Lists Dolomite (DOLO), a Modular DeFi Protocol on Arbitrum Victoria, Seychelles, 22 April 2025 – Bitget, the leading global cryptocurrency exchange and Web3 company, has announced the listing of Dolomite (DOLO), a next-generation DeFi protocol built on Arbitrum. Trading will commence under the DOLO/USDT pair on April 24, 2025. The token will be listed in Bitget’s Innovation and DeFi Zone, reflecting its status as a project at the forefront of decentralized finance. Dolomite offers a modular money market protocol that merges advanced
2025-04-23
- Press releaseBitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders Victoria, Seychelles, April 23, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic update aligns with Bitget’s commitment in 2025 to serving institutional investors, improving liquidity depth, and tra
2025-04-23