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With over 550 spot trade pairs, 770+ markets, trading in derivatives, and many more fascinating features, Bitget is a well-known cryptocurrency exchange.
Bitget Exchange has grown quickly and gained popularity among traders and cryptocurrency aficionados. Beginner and intermediate traders who are keen to learn from experienced traders and locate a trustworthy cryptocurrency exchange providing the service have shown interest in the copy trading option.
Has over $700M in daily trade volume as of the moment of writing and, while being a relatively newbie, has quickly risen to among the top 20 registered cryptocurrencies. The exchange accepts more than 40 fiat currencies and offers a variety of payment methods, such deposits and withdrawals in EUR, GBP, and BRL. The world’s greatest football player, Lionel Messi, and Juventus F.C. are two of Bitget’s amazing relationships. Bitget stated in June 2023 that it would be sponsoring the DOTA 2 Bali Grand 2023, which was held from June 29 to July 9.
Bitget made an update announcement on July 16, 2023. New owners of Bitget’s native token, BGB, will be eligible for super airdrops as of that day. The need is to maintain at least 4,000 BGB for a period of fifteen days in a row. BGB holders will lose their eligibility if the holdings decrease to less than 4,000 at that time. The winning tickets are chosen at random by Bitget.
Who Are Bitget Token’s Founders?
The trading coin of Bitget, a centrally managed cryptocurrency exchange (CEX), is called Bitget Token (BGB). Established in 2018, this social trading platform has a registration in the Seychelles. Bitget is a rapidly expanding network for exchanging derivatives, boasting more than eight million registered users across more than 100 countries.
Sandra Lou is the chief executive officer and one of Bitget’s original members. Lou has worked in the traditional banking sector for about ten years. After learning about Bitcoin in 2016, she developed an interest in cryptocurrency and blockchain technology investing. She became a member of Bitget’s founding team in 2017.
What Is the Uniqueness of Bitget Token (BGB)?
The platform grew to become the third-biggest derivatives exchange globally in September 2022. Bitget claims that because BGB employs a blockchain that is a decentralized network without middlemen, it offers reduced transaction costs. The website claims that BGB coins are very scalable. Developers make sure the Bitget platform can handle large amounts of transactions without becoming crowded as it expands.
Additionally, BGB provides Bitget customers with access to exclusive awards and promotions as well as reduced trading costs of up to 20% off. Users can profit split by utilizing Copy Trade, the flagship product of Bitget, with BGB. In addition, BGB holders can stake their tokens in the launchpool and receive tokens for early entrance to initiatives on the launchpad.
The Bitget Token Network: How Is It Secured?
BGB complies with the ERC-20 standard by being built on Ethereum’s blockchain and employing a Proof-of-Stake consensus method.
Additionally, the exchange holds MSB licenses in both Canada and the United States. The platform complies with KYC regulations; Bitget demands identification verification in order to access financial services. Just to let you know that investing in this coin and other cryptocurrencies is a very high-risk investment.
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