Top Features of the Native Bitget Token That You Didn't Know About
Native tokens of exchanges are traditionally used to pay trading fees, participate in exclusive promotions, launchpads, and receive discounts on certain services. But this is not all the possibilities of exchange tokens. For example, they can become an effective payment and investment tool, as well as bring certain privileges to their holders. In this article, we will talk about these and other features of the BGB (Bitget) token.
About the BGB token
BGB is the native token of the Bitget ecosystem with a total supply of 2 billion tokens. At the moment, the cost of one coin is about $0.16, and the daily trading volume exceeds $4 million. The presence of a token opens up a number of opportunities for users. Here are just the main ones.
Reduction of trading commissions on the spot platform
Today, Bitget's trading fees remain among the lowest in the market at 0.100% for makers (those users who create orders in the order book) and takers (users who fill them). However, BGB holders can pay the fee in exchange tokens at a 20% discount, in which case the fee for them is reduced to 0.08%. This decline is especially noticeable in daily trading.
Access to launchpad
All users who have passed identity verification can participate in launchpads on Bitget. To become a member, simply hold over the equivalent of 50 USDT in any cryptocurrency on an exchange account and or actively trade during the launchpad period. Holders of BGB tokens receive a double allocation.
Cooperation with partners
Bitget has an affiliate program in which partners receive not only cashback from their personal commissions and from referral commissions, but also bonuses in BGB and USDT for certain actions and monthly trading volumes of referrals. More about bonuses here.
Staking
BGB holders can earn passive income from holding tokens by joining the BGB Earn program.
You can purchase BGB tokens, as well as get a welcome bonus of up to $4,000 for trading on your first deposit, on Bitget using this link. For help, support and an active discussion on the topic of cryptocurrencies and trading, join the Russian-speaking community of the exchange.