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Bitget Token
What this page is: neutral, sourced facts about Bitget Token. Every line links where it was checked. 10 facts, 1 from primary sources. Educational, not financial advice.
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Launch
- Launched in 2021 as the platform token for the Bitget exchange and Bitget Wallet. secondary source source
Founders and creators
- Bitget was founded during the 2018 bear market. primary source source
Origin story
- Bitget is a cryptocurrency exchange founded in 2018; it initially specialized in cryptocurrency derivatives and copy trading. secondary source source
Stated purpose
- Launched in 2021, Bitget Token (BGB) was initially positioned as the platform token for the Bitget exchange and Bitget Wallet. secondary source source
Consensus mechanism
- Bitget Token (BGB) initially operates on Ethereum's blockchain using the ERC-20 standard. secondary source source
Supply model
- The initial supply of Bitget Token (BGB) is fixed at 2 billion tokens; the Morph Foundation will update the BGB burn mechanism, linking it to Morph network activity, until the total BGB supply is reduced to 100 million. secondary source source
Main uses today
- BGB is the primary token of Morph's blockchain, serving as the gas, governance, and payment token. secondary source source
Key milestones
- In December 2024, Bitget merged the Bitget Wallet Token (BWB) into BGB. secondary source source
- In March 2023, Bitget acquired BitKeep, a non-custodial wallet, and renamed it as Bitget Wallet. secondary source source
Notable events and controversies
- In September 2026, the exchange was hacked, with losses estimated at US$387.5 million. secondary source source
Sources & studies
Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.
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