Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Seychelles, Victoria, April 24, 2023 – The biggest cryptocurrency copy trading platform, Bitget, just revealed that its native platform token, BGB, will be listed on Bitfinex, enhancing its value and usage while enhancing liquidity and accessibility. BGB/USDT is the supported trading pair, and Bitfinex will be the trading platform open for business.

With a circulating quantity of 1,400,000,000 BGB coins and a total supply of 2,000,000,000, BGB is a utility token that is essential to Bitget’s ecosystem. It gives users access to special benefits and a range of rights on the Bitget exchange, including as fee reductions, chances to join Launchpad and Launchpool to get high-quality tokens, the ability to vote for project listings, and more.

According to Bitget’s managing director, Gracy Chen, “We are overjoyed to see BGB listed on Bitfinex’s system, which reflects Bitget’s success and recognition in the cryptocurrency industry. We anticipate that this action will broaden the platform’s reach in conjunction with ongoing efforts to boost BGB usage and value. Nevertheless, as our ecosystem in the CeFi and DeFi world expands, one of our future priorities will be to give BGB more visibility and utility.”

In response to the market’s rising demand for the token, BGB has been decided to list on Bitfinex. BGB’s pricing entered 2023 with a considerable price increase over the previous few months, reaching an all-time high of 0.51 USDT in February. The Bitget exchange’s growing popularity and recent initiatives to develop the spot trading market are just two of the causes of the price hike. Other new features of the native token are being created, including the BGB lottery, a trial fund for futures trading, and special earning services, according to the most recent edition of the BGB whitepaper. The circulating supply of the token will be reduced, which will gradually increase the token’s value. A buyback and burn mechanism is also being studied.

About Bitget

The world’s largest cryptocurrency exchange, Bitget, was founded in 2018, and its standout features include copy trading and futures trading. The exchange, which serves more than 8 million customers in more than 100 nations and regions, is dedicated to assisting users in trading more intelligently by offering a secure, one-stop trading solution. With partnerships with reputable partners, such as the renowned Argentinean footballer Lionel Messi, the top Italian football team Juventus, and official eSports events organiser PGL, it also encourages people to accept cryptocurrency. Bitget is now ranked among the top 10 spot trading platforms and the top 5 futures trading platforms by Coingecko.