Bitget Token (BGB)
Bitget is a cryptocurrency exchange and derivatives platform, founded in July 2018 and based in Seychelles. It offers spot, derivatives, and copy trading services. Users can access the platform via a web interface and mobile apps, and it provides a straightforward registration process. Key features include derivatives trading with perpetual future contracts and leverage of up to 125x. In November 2022, Bitget registered in Seychelles to support global expansion and planned to increase its workforce by 50% by the first quarter of 2023. The registration aids in fostering collaborations and strengthening banking relationships, as highlighted by partnerships with figures like Lionel Messi and Juventus FC.
In April 2023, Bitget launched the Bitget Web3 Fund with an initial investment of $100 million during the Hong Kong Blockchain Week. The fund aims to support the development of Web3 projects. Bitget also announced a partnership with Core DAO to create a $200 million ecosystem fund for decentralized applications on the Core Network Layer-1 blockchain. In May 2023, the Bitget Academy training project was introduced with a $10 million investment to empower youth through the Blockchain4Youth project. Additionally, Bitget increased its Protection Fund to $300 million in November 2022 to enhance asset security.
| Ticker | BGB |
| Category | Exchange-based Tokens |
| Website | https://partner.bitget.com/bg/2LAE9K |
| @bitgetglobal | |
| Telegram | Bitget_NewMarket_Bot |
| https://www.reddit.com/r/BitgetReddit | |
| Contract Addresses | |
|---|---|
| ethereum | 0x54...81 Copied! |
| morph-l2 | 0x55...38Copied! |
Bitget's products
Buy
Bitget offers a "Buy" service for cryptocurrency transactions using credit/debit cards, P2P trading, Quick Buy, and third-party trading. Users can select fiat currency, cryptocurrency, and payment methods quickly and easily.
Copy trading
Bitget provides a copy trading feature that allows users to follow and replicate trades of other traders. The platform recently introduced parameter recommendations, enabling elite traders to suggest parameters for their followers, simplifying the process. Recommended parameters include Fixed Amount, Multiplier modes, Stop-Loss Ratio, Take-Profit Ratio, and more.
Spot trading
The spot trading feature on Bitget allows users to trade cryptocurrencies on the Bitget market. It provides current information on spot market prices, coin market cap, token price charts, and 24-hour price changes.
Futures trading
Bitget's futures trading service allows users to buy or sell assets at predetermined future prices and dates. This includes cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Futures trading involves margin and leverage, assisting with capital allocation, risk hedging, and market stability. Bitget offers COIN-M Futures, USDT-M Futures, and USDC-M Futures, with differing settlement currencies.
Margin trading
Margin trading on Bitget allows traders to engage in futures trading by depositing a specific amount relative to the contract value. There are five types of margins: Initial margin, Maintenance margin, Variation margin, Available margin, and Risk margin, each serving different functions regarding equity and risk management.
Bitget Launchpad
Bitget Launchpad is a platform offering early access to new cryptocurrency tokens from various projects. It provides project owners with access to Bitget’s extensive community and resources.
Bitget Insights
Introduced in October 2022, "Bitget Insights" integrates social media with social trading, offering novice traders valuable insights from experienced traders.
BitEXC
BitEXC, launched in December 2024, is a cryptocurrency exchange tailored for the Vietnamese market, supporting P2P, spot, and futures trading with local payment options. Future developments include an Earn program and copy trading.
Bitget Token (BGB)
Tokenomics
The Bitget Token (BGB) is the native utility token of Bitget, launched in July 2021. It is used for staking, social trading, profit sharing, and trading fee discounts. The total supply is 2 billion tokens, distributed among community acquisition, branding, ecological investment funds, team motivation, and investor protection.
Partnerships
Bitget x Juventus FC
In October 2021, Bitget became the official sleeve partner of Juventus FC. The partnership aims to enhance Bitget's international presence. In March 2023, Bitget also became an official sponsor of the Juventus Women’s Team.
Bitget x Lionel Messi
In October 2022, Bitget announced a partnership with Lionel Messi, making him a brand ambassador. This collaboration aims to connect sports fans with the crypto community.
Bitget x DOTA 2 Bali Major 2023
In June 2023, Bitget sponsored the DOTA 2 Bali Major 2023 as the Official Crypto Exchange Partner, integrating cryptocurrency with esports.
Bitget x ClearTax
On July 21, 2023, Bitget partnered with ClearTax to provide a specialized crypto tax platform for Bitget users in India, offering discounted services and 24/7 support.
Bitget x CoinTracking
On July 24, 2023, Bitget partnered with CoinTracking, allowing investors to import trades from multiple sources and track their portfolios with advanced reporting features.
Bitget x Coinpanda
On August 9, 2023, Bitget partnered with Coinpanda to offer users an exclusive discount for calculating crypto taxes efficiently.
Bitget x CoinStats
On August 24, 2023, Bitget formed an alliance with CoinStats, enabling users to manage their crypto assets from a unified interface.
Bitget x CCData
On August 31, 2023, Bitget integrated with CCData to provide institutional-grade digital asset data solutions for institutional investors.
Bitget x Space & Time
On March 27, 2023, Bitget partnered with Space and Time to offer users transparency of exchange operations with a tamperproof audit trail.
Bitget x Copper
On May 25, 2023, Bitget announced a partnership with Copper to introduce an off-exchange settlement solution for institutional clients.
Bitget x Koinly
On September 1, 2023, Bitget upgraded its API with Koinly’s tax reporting platform for enhanced tax filing services.
Bitget x IEEE
On September 5, 2023, Bitget partnered with IEEE at Manipal University Jaipur to enhance crypto education and trading skills among students.
Bitget x 3Commas
On September 8, 2023, Bitget partnered with 3Commas to enhance trading capabilities through automation.
Bitget x Sumsub
On June 4, 2024, Bitget collaborated with Sumsub to improve security and prevent deepfake scams, providing comprehensive KYC tools.
Funding
In 2018, Bitget received Series-A funding of $10 million from Consensus Labs and Collinstar Capital. In July 2020, Bitget completed a $10 million Series-B financing round backed by Anlan Capital and SNK. In April 2023, Bitget received $10 million in funding from Dragonfly to support global market and service expansion.
Blockchain4Youth
On May 4, 2023, Bitget launched the Blockchain4Youth project to empower younger generations to use Web3 and сrypto tools. The initiative aligns with Bitget's mission to inspire individuals and promote crypto adoption.
Blockchain4Her
In January 2024, Bitget launched the Blockchain4Her initiative with a $10 million fund to support female-led startups in the blockchain industry. The initiative aims to bridge the gender gap in blockchain through incubation