Publication date: July 17, 2025

Bitget Token (BGB) was developed as an essential part of the Bitget platform. It offers users tangible benefits such as discounts on trading fees, access to new launches and the ability to generate passive returns. In doing so, BGB functions not only as a utility token, but also as an incentive for long-term engagement within Bitget's growing ecosystem.

What is Bitget Token?

Bitget Token (BGB) is the native token of the popular crypto exchange Bitget. The token plays a central role within the ecosystem of Bitget, a platform that has quickly become one of the biggest players in the world of crypto derivatives and copy trading. With features such as fee discounts, launchpad participation and access to exclusive products, BGB forms a bridge between users and the broader Bitget ecosystem.

Bitget positions itself as a user-friendly and innovative platform targeting both novice and professional traders. In doing so, the introduction of BGB helps bind users to the platform longer and provide additional value.

Usage and features of BGB

The BGB token is at the core of the Bitget ecosystem and provides users with various benefits within the platform. By using BGB, active traders, investors and savers are rewarded with additional features, discounts and exclusive access to services.

Key features of BGB:

• Trading fee discounts: Users who pay their trading fees in BGB receive discounts on both spot and derivatives trading.
  
  

• Access to Launchpad and Earn: BGB holders often receive priority or exclusive access to new token launches and savings programs through Bitget Launchpad and Bitget Earn.
  
  

• Staking and rewards: BGB can be fixed (staked) to earn passive returns, similar to strike mechanisms on other major platforms.
  
  

• Future governance: Bitget is developing mechanisms that will allow BGB holders to vote on important proposals within the ecosystem in the future.

Thanks to these applications, BGB is not only a utility token, but also an incentive for use and engagement within the Bitget platform. The setup is similar to how Binance is using BNB to strengthen the ecosystem and increase user loyalty.

Recent developments

In the first half of 2025, Bitget invested heavily in growing and strengthening its ecosystem. These efforts have led to wider adoption of the platform as well as the BGB token. Here are the key developments in a row:

• Strong growth in user numbers: In the second quarter of 2025, Bitget reported that the number of registered users rose above 25 million.
  
  

• Regional expansion: The exchange expanded its operations to South America and Southeast Asia, which led to an increase in trading volume and liquidity.
  
  

• New collaborations: Bitget formed strategic partnerships with blockchain projects such as Sei and Toncoin, increasing the visibility of the BGB token within emerging ecosystems.

These moves underscore Bitget's ambition to position itself as a leading global player, with the BGB token playing an increasingly important role within the growing ecosystem.

What could drive up the price of BGB?

1. Growing adoption of Bitget as a trading platform: The more users Bitget attracts, the greater the demand for BGB for fee discounts, launch pads and Earn products.

2. Expanding utility: If Bitget decides to also use BGB for governance, NFT marketplaces or DeFi integrations, this could further increase demand.

3. Strategic burn programs: Should plans emerge to periodically destroy BGB tokens, as with Binance Coin, this will create scarcity which could drive up the price.

4. Market cycles: If the broader crypto market remains bullish, utility tokens like BGB often benefit as amplified leverage on the growth of the exchange itself.