Bitget Token | Trading Non Stop

What is BGB?

Bitget Token (BGB) is a versatile cryptocurrency that powers both Bitget’s exchange platform and the Morph blockchain. It offers users benefits like voting rights, discounts on fees, and access to special services.

Dual Purpose – BGB works as a transaction fee and governance token on the Morph blockchain, while also providing perks on the Bitget exchange.
Deflationary Model – The total supply of BGB is being reduced over time through token burns linked to network activity, aiming to reach 100 million tokens.
Ecosystem Integration – BGB connects the advantages of a centralized exchange with the features of a decentralized Layer 2 blockchain.

Deep Dive

1. Purpose & Value Proposition

BGB has two main uses:

On Bitget Exchange: It gives users discounts on trading fees (up to 20%), early access to new token sales through Launchpool, rewards for staking, and VIP benefits like profit-sharing for active traders.
On Morph Blockchain: BGB is used to pay transaction fees (gas) and participate in governance decisions, such as voting on upgrades. Morph is a Layer 2 blockchain designed to handle payment-related activities efficiently.

This combination allows BGB to offer the convenience of a centralized exchange with the transparency and innovation of decentralized finance (DeFi).

2. Tokenomics & Governance

Supply and Burns: BGB started with a maximum supply of 2 billion tokens. Since then, tokens have been regularly burned (permanently removed from circulation) to reduce supply. For example, a major burn of 220 million tokens happened in September 2025 as part of a partnership with Morph. The goal is to lower the total supply to 100 million tokens, with burns linked to network activity (Morph Foundation).
Governance: Holders of BGB and validators on the Morph chain can vote on important decisions like fee changes and protocol updates, helping to decentralize control over the network.

3. Key Differentiators

Integration with Morph: Unlike other exchange tokens such as BNB or OKB, BGB is the native token of Morph, which focuses on payment solutions like cross-border transfers and merchant settlements, expanding its real-world use cases.
Aggressive Token Burns: By July 2025, over 860 million BGB tokens (about 43% of the original supply) had been burned, which is a faster reduction rate compared to many competitors.

Conclusion

Bitget Token (BGB) stands out by combining the benefits of a centralized exchange with the power of decentralized blockchain technology. Its deflationary supply model and broad utility across platforms position it well for growth. The success of Morph as a payment layer will be key to BGB’s future role in both centralized exchanges (CEX) and decentralized finance (DeFi).