- Official Website: bitget.com
- Definition: Bitget Token is the native utility token of the Bitget exchange, used for trading fee discounts and platform benefits.
- Category: Token, Exchange Token.
- What It Is: A token that provides utility within the Bitget ecosystem.
- Function: Reduces trading fees, enables staking, and provides governance rights.
- Analogy: Think of BGB as a loyalty card for Bitget. It gives you discounts and perks for using the platform.
- Pros: Utility in Bitget ecosystem, strong backing by Bitget.
- Cons: Centralization concerns, reliance on Bitget’s success.
- Controversies: Limited use cases outside Bitget, competition from other exchange tokens.
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This page was last updated on January 28, 2025.
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