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Bitget Token | BGB ( the next BNB ? )

Updated

The price of Bitget Token (BGB) is $0.40 today with a 24hour trading volume of 13 million dollar. This represents a 7.7% price increase in the last 24 hours
Bitget is a cryptocurrency exchange and copy trading platform founded in 2018. Bitget’s BGB token is a utility token crucial to the functioning of the Bitget ecosystem. It grants users the ability to vote on project listings, join Launchpad and Launchpool to gain access to high-quality tokens, receive fee discounts, and more on the Bitget exchange. Also, staking tokens grants holders access to a wide variety of premium benefits and savings. There are currently 1,400,000,000 BGB in circulation and a maximum of 2,000,000,000 BGB in existence.

BGB will be listed on the bitfinex spot market, tradeable against usdt & usd on 25th April. The decision to list BGB on Bitfinex comes in response to the increasing demand for the token in the market. 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

next targets are 0.43, 0.45 and 0.47$

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we hit all targets

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Bitget Exchange announced the completion of the Merkle tree asset certificate update in May. As of May 6, Bitget’s comprehensive reserve ratio was 217%, of which, the reserve ratios of BTC, USDT, ETH, and USDC were 499%, 499%, and 134%, 173% and 2723%

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Bitget has announced the launch of a new feature, Super Airdrop, for its platform token BGB. With this new feature, eligible BGB holders will receive airdrops of any new crypto asset listed on Bitget

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we broke 0.46 resistance and here we are

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Bitget Exchange announced that its global employees have grown from 1,000 to 1,300 in the Q1, and there are still 300 hc in R&D, compliance, BD, operations, and customer support. In the Q1, its trading volume of the spot and contract markets reached US$59 billion and US$658 billion. Spot increased by 8% MOM, and contract transaction volume increased by 27% . Spot accounts for only about 10% of the total.

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Trade closed: target reached

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Bitget announced that it will strengthen its KYC policy. From October 1st, users who have not completed Level 1 KYC verification will only be able to withdraw funds, cancel orders, and close positions. To complete Level 1 KYC, you need to submit government-issued documents and face recognition.

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Bitget rolls out a 100M fund to invest in exchanges, data analytics and media

Bitget, a crypto derivatives and copy trading exchange, has launched the EmpowerX Fund, a 100M initiative designed to expand the platform's ecosystem. The fund will focus on investing in regional exchanges, data analytics firms, media organizations and other entities. This innovation also follows the launch of Bitget's 100M web3 fund that occurred in April.

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Bitget, crypto derivatives platform, has announced that its Managing Director Gracy Chen has been appointed to the Forbes Business Council. Binance earlier tried to acquire Forbes for US$200 million but failed. The amount of Bitget’s investment in Forbes is currently uncertain.

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Bitget exchange announced that it has integrated Web3 wallet and plans to integrate more services, including dex, Swap, NFT and DApps. Recently, there is news that Binance will also integrate Web3 wallets in the APP. Exchange aggregation of Web3 wallets may become a trend.

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we hit our new targets

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we hit all targets AGAIN

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more than 100% since our first free signal

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here we GO, we passed 1.3 bil MC

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Web3 wallet Bitget Wallet announced the launch of the BWB partner program. The first list of partners included Avalanche, Taiko, Babylon, Near, etc. The relevant airdrop activity will start on March 25 and last until April 28. Users can obtain BWB Points through activities and exchange them for BWB in the future

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BingX exchange announced that its spot and perpetual futures trading volume rose more than sevenfold from the previous quarter, open interest hit a one-year high at $6 billion and the platform’s perpetual futures trading volume soared to $14 billion as of March

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BingX announced a major enhancement in its fiat trading capabilities with the integration of Apple Pay and Google Pay. BingX users can purchase cryptocurrencies using 30 fiat currencies. This integration seeks to boost user convenience through enhanced security, simplified transactions, and competitive pricing for crypto acquisitions.

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looks good and strong

moonypto

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