VICTORIA, Seychelles, July 8, 2024
/PRNewswire/ -- Bitget, the leading global
cryptocurrency exchange and web3 company, is excited
to announce that its native token, Bitget Token (BGB), is now
exclusively available for futures trading on the platform. As the
first BGB perpetual futures, BGBUSDT-M will be live on July 8, 2024, with a maximum leverage of 50x.
BGB is the ecoystem token of Bitget, designed to create a
simple, secure crypto ecosystem accessible to all.
Launched in July 2021 with a total
supply of 2 billion, BGB now has 1.4 billion tokens in circulation.
Bitget Token (BGB) offers exclusive perks to all holders, aiming to
share the fruits of Bitget's growth with all users. These benefits
include spot trading fee discounts, free withdrawal, access to
token sales or airdrops on Launchpad and Launchpool, and other
platform-specific benefits, incentivizing users to hold and use
BGB, thereby creating a strong utility-driven ecosystem.
In addition to futures trading, BGB can be traded on Bitget's
spot and margin markets, used for copy trading, and utilized with
trading bots, enhancing the versatility and utility of the token
within the Bitget ecosystem. The token has also been listed on
other major centralized exchanges like Bitfinex and MEXC. BGB has
demonstrated impressive market performance, a new all-time high of
$1.4306 in early June 2024, up 141.4% in the past year.
Gracy Chen, CEO of Bitget,
commented: "We are thrilled to expand the trading options
for BGB, offering our users more ways to benefit from Bitget's
native token. The addition of BGB to the futures market, along with
existing trading services and utilities, proves our commitment to
providing a comprehensive, rewarding and smart trading experience.
Looking forward to new heights of the token and the
company!"
On 1st July, Bitget announced the upgrade of its native
token BGB's smart contract address. This enhancement aims to
increase the utility and potential of BGB, paving the way for its
use in various dApps and facilitating future listings
on more centralized and decentralized exchanges. To
celebrate the launch of the first BGB perpetual futures, Bitget
will host a series of competitions to give away 20,000 BGB to its
users.
For more details on BGB futures trading and surrounding
promotional events, please visit here.
About Bitget
Established in 2018, Bitget is the world's
leading cryptocurrency exchange and Web3 company.
Serving over 25 million users in 100+ countries and regions, the
Bitget exchange is committed to helping users trade smarter with
its pioneering copy trading feature and other trading solutions.
Formerly known as BitKeep, Bitget Wallet is a world-class
multi-chain crypto wallet that offers an array of
comprehensive Web3 solutions and features including wallet
functionality, swap, NFT Marketplace, DApp browser,
and more. Bitget inspires individuals to embrace
crypto through collaborations with credible partners,
including legendary Argentinian footballer Lionel Messi and Turkish National athletes
Buse Tosun Çavuşoğlu (Wrestling
world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın
(Volleyball national team).
For more information, visit: Website | Twitter
| Telegram | LinkedIn | Discord | Bitget
Wallet
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SOURCE Bitget