Bitget Token | Trading Non Stop

What is BGB?

Bitget Token (BGB) is the main utility and governance token within the Bitget ecosystem. It supports exchange services, decentralized apps, and a Layer-2 blockchain network.

Multi-chain use – Functions as the gas and governance token for Morph Chain, an Ethereum Layer-2 network
Exchange perks – Offers fee discounts, staking rewards, and exclusive access to Bitget’s products
Deflationary model – Regular token burns and locks reduce supply, aiming for a total of 100 million tokens

Deep Dive

1. Dual Role in Centralized and Decentralized Systems

BGB works both on Bitget, a centralized crypto exchange, and Morph Chain, an Ethereum Layer-2 network focused on payments. As Morph Chain’s native token, BGB is used to pay transaction fees and participate in governance decisions (Morph Foundation). This connection links the liquidity of a centralized exchange with decentralized finance (DeFi) features, enabling use cases like cross-chain stablecoin payments.

2. Tokenomics Designed for Scarcity

Bitget regularly burns BGB tokens based on activity on the Morph network. For example, in 2025, 860 million BGB tokens (about 40% of the maximum supply) were destroyed. The remaining tokens are locked and released slowly—about 2% each month—to support ecosystem growth. This approach combines buybacks funded by exchange revenue with burns driven by on-chain usage.

3. Benefits for Token Holders

Owning BGB gives users access to:

20% discount on trading fees
Early access to Launchpool token sales
VIP tier upgrades and profit-sharing programs
Lower fees for multi-chain transactions using Bitget Wallet

Conclusion

BGB has grown from a simple exchange token into a key part of Bitget’s expanding Web3 ecosystem, combining the speed and reliability of a centralized exchange with the innovation of Layer-2 blockchain technology. Its deflationary design and multi-platform use make it stand out among exchange tokens.

Could BGB’s role in a payment-focused Layer-2 network help bring crypto settlements into everyday use?