Bitget Token (BGB) Price Today
The live price of Bitget Token is $4.78 USD.
In the past 24 hours, the trading volume of Bitget Token was $53M USD, with a change of -0.77%. The current live price of Bitget Token has changed by -7.24% from its 7-day high of $5.15 USD and by +6.10% from its 7-day low of $4.50 USD.
With a circulating supply of $1,169,993,089.20 BGB, the market cap of Bitget Token is currently $5.5B USD, marking a -0.28% change in the last 24 hours.
Bitget Token currently ranks 25 by market capitalization.
Bitget Token (BGB) Market Data
Market Cap
$5.5B
24h Volume
$53M
Circulating Supply
1.1B BGB
Maximum Supply
--
Fully Diluted Market Cap
$5.5B
Liquidity Indicator
0.95%
About
Rate
Buy
Leaderboard
FAQ
About Bitget Token (BGB)
What Is Bitget Token (BGB) and How Does It Work?
Bitget Token (BGB) is the native utility token of the Bitget ecosystem, which includes the Bitget exchange and Bitget Wallet. Launched to power various platform features, BGB plays a central role in enhancing user experience by offering trading fee discounts, access to exclusive token launches (via Launchpad and Launchpool), staking rewards, and voting rights on community governance matters.
In December 2024, Bitget unified its token ecosystem by merging the Bitget Wallet Token (BWB) into BGB. This strategic move extended BGB’s functionality to include both centralized and decentralized applications, allowing users to pay gas fees, access Web3 tools, and participate in DeFi activities within the Bitget Wallet. As a bridge between CeFi and DeFi, BGB enables seamless interaction across the full Bitget product suite, making it a versatile asset for platform users and investors alike.
When Was Bitget Token Launched?
Launched on July 26, 2021, BGB was introduced to enhance user engagement and streamline operations within the Bitget platform. BGB was created to replace the earlier Bitget Defi Token (BFT), aiming to provide a more versatile and integrated utility token within the Bitget ecosystem.
Bigtet Token Roadmap & Key Milestones
• 2021: Launch of BGB token, replacing BFT, to unify the platform's utility token.
• 2022: Introduction of the Bitget Protection Fund to safeguard user assets.
• 2023: Partnerships with prominent figures and organizations to expand global presence.
• December 2024: Implementation of a significant token burn, reducing the total supply by 800 million BGB, transitioning BGB into a deflationary model.
• 2025 and Beyond: Plans to expand BGB's utility within on-chain ecosystems, including staking, liquidity provision, and airdrop eligibility.
What Are the Key Use Cases for BGB Token?
Bitget Token (BGB) serves as the core utility token of the Bitget ecosystem, offering benefits such as trading fee discounts, staking rewards, participation in token sales (Launchpad/Launchpool), and governance voting. BGB is also integrated into Bitget Wallet for DeFi applications, allowing users to pay gas fees and access Web3 tools.
You can trade BGB tokens on the BingX spot market by logging into your BingX account, navigating to the Spot section, selecting the BGB/USDT trading pair, and placing a buy or sell order based on market conditions.
What Is Bitget Token Tokenomics?
Bitget Token has an initial total supply of 2,000,000,000 BGB tokens. The initial distribution of BGB tokens was as follows:
1. 25% (500 million BGB): Swapped with holders of the previous Bitget Defi Token (BFT)
2. 20% (400 million BGB): Allocated for team incentives, with a 5-year linear vesting schedule
3. 15% (300 million BGB): Dedicated to branding and promotional activities
4. 15% (300 million BGB): Set aside for user acquisition and community engagement
5. 15% (300 million BGB): Reserved for ecosystem investments
6. 10% (200 million BGB): Allocated to the Bitget Protection Fund to safeguard user assets.
What Was the BGB and BWB Merger?
In December 2024, Bitget unified its two native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB), into a single, consolidated token under the BGB name. This strategic merger was initiated to simplify token utility across the Bitget ecosystem, including both the centralized exchange and Bitget Wallet. Driven by community demand, the integration aimed to enhance user experience, reduce fragmentation, and create a more streamlined and efficient token model for trading, rewards, and governance.
Post-merger, BGB became the exclusive utility token for all Bitget services, supporting decentralized applications (DApps), staking, lending, Fair Launchpool access, and multi-chain gas payments. It also expanded into real-world use cases such as travel, dining, and retail payments through Bitget Wallet’s Web3 PayFi integration. BWB holders received BGB at a 0.08563:1 swap ratio based on a 7-day average price, and all BWB tokens were subsequently burned without increasing BGB’s total supply. The merger reinforced BGB’s value proposition, strengthening its position as a high-utility token with deep liquidity and growing adoption.
What Blockchain Network Does Bitget Token Operate on?
Bitget Token (BGB) operates primarily on the Ethereum blockchain as an ERC-20 token, ensuring compatibility with Ethereum's extensive network of decentralized applications (dApps) and wallets. This integration allows BGB to leverage Ethereum's robust infrastructure, providing users with secure and efficient transactions within the Bitget ecosystem. Additionally, BGB is supported on the Morph Layer 2 network, enhancing scalability and reducing transaction costs for users engaging in on-chain activities.
Which Wallets Support BGB Tokens?
For users of BingX, storing BGB directly on the exchange offers convenience, especially for active traders. This approach allows seamless access to trading features and other platform benefits. However, it's essential to note that exchange wallets are custodial, meaning the exchange holds the private keys, which may not be ideal for long-term storage due to potential security risks.
For enhanced security and full control over your Bitget Token (BGB) holdings, non-custodial wallets are highly recommended, as they allow users to manage their own private keys without relying on third parties. Leading options include the Bitget Wallet, a Web3-ready app that supports over 100 blockchains and offers token swaps and dApp access; Trust Wallet, known for its intuitive mobile interface and broad crypto support; MetaMask, a popular browser and mobile wallet for managing ERC-20 tokens like BGB; and Ledger hardware wallets (Nano S and Nano X), which provide offline storage and advanced protection against online threats. When selecting a wallet, consider your security needs, ease of use, and device compatibility, and always back up your private keys or recovery phrases securely.
Information source
Bitget Token (BGB) Price Converter
BGB to USD
1 BGB = $ 4.78
BGB to VND
1 BGB = ₫ 124,863.28
BGB to EUR
1 BGB = € 4.19
BGB to TWD
1 BGB = NT$ 143.40
BGB to IDR
1 BGB = Rp 78,020.08
BGB to PLN
1 BGB = zł 17.94
BGB to UZS
1 BGB = so'm 61,513.99
BGB to JPY
1 BGB = ¥ 683.48
BGB to RUB
1 BGB = ₽ 379.39
BGB to TRY
1 BGB = ₺ 188.05
BGB to THB
1 BGB = ฿ 156.01
BGB to UAH
1 BGB = ₴ 198.36
BGB to SAR
1 BGB = ر.س 17.95
How to Buy Bitget Token (BGB)
Create & Verify Your Account
Create a free BingX account using your email or phone number, set a strong password, and complete identity verification (KYC) by submitting your personal details and a valid photo ID.
Fund Your Account
Choose a payment method—bank account, card, or more—to deposit funds into your BingX account.
Trade Now
Now that your account is funded, you can seamlessly trade Bitget Token BGB and other cryptocurrencies while exploring BingX’s diverse trading features!
Trending Crypto Assets
The most traded assets on BingX.com in the last 24 hours.
Frequently Asked Questions about Bitget Token (BGB)
How much is 1 Bitget Token (BGB) worth?
What is the price prediction for Bitget Token (BGB)?
What is the all-time high price of Bitget Token (BGB)?
What is the all-time low price of Bitget Token (BGB)?
How much Bitget Token (BGB) is there in circulation?
What is the market capitalization of Bitget Token (BGB)?
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.