The token recently received a massive boost after Bitget obtained an El Salvador licence.
With a market cap of over $7.4 billion, BGB has become one of the top exchange tokens.
Bitcoin and meme coins have grabbed headlines in the latest crypto rally. However, one token gained 231% in value over the last 30 days and 813% in the past year. Interestingly, it’s not a meme token but is backed by a crypto exchange – the Bitget token (BGB).
The rise of the Bitget token has been remarkable. It is one of the few tokens that has maintained a winning streak in the last seven days, with a 23.7% increase in value. The exchange-backed token is now trading at a record value of almost $5.3.
The movement of Bitget token (BGB) in last 1 year; Source: Coinmarketcap.com
What Is Bitget Token (BGB)?
Launched in July 2021, the Bitget token is the native utility token of the Bitget exchange, a prominent platform for cryptocurrency derivatives trading.
Similar to other exchange tokens, the Bitget token is designed to enhance user engagement and streamline trading activities. BGB offers a wide range of use cases within the Bitget ecosystem. Holders of BGB can enjoy discounted trading fees, making it a cost-effective option for frequent traders. Additionally, the token grants access to exclusive platform privileges, such as participating in token sales via Launchpad and enjoying priority access to new product features.
BGB also plays a crucial role in Bitget’s broader ecosystem by supporting staking, reward programs, and other promotional activities that foster user loyalty.
Why Is Bitget Token (BGB) Rising?
The latest rise in the value of the Bitget token can be attributed to positive developments concerning the exchange.
The exchange is also awaiting further approval for a digital asset service provider licence from El Salvador’s National Commission of Digital Assets, which would allow it to offer cryptocurrencies beyond Bitcoin.
Additionally, the exchange operates from its base in Seychelles and is strengthening its presence in the European Union. Already licensed in Poland and Lithuania as a virtual asset service provider, the exchange is considering establishing a European base to align its operations with MiCA regulations.
Bitget also re-entered the United Kingdom last month after it restricted services in the country last May to meet local regulations.
What Is Happening with Other Exchange Tokens?
The exchange token model has become so successful that most crypto exchanges now have their native cryptocurrency.
Undoubtedly, the Binance token leads the pack with a market cap of more than $101 billion. Although BNB gained significantly in recent months, its value remained stagnant over the past seven days.
Other centralised crypto exchanges, including OKX, Kucoin, and Gate.io, also have their own native cryptocurrencies, but none are as big as BNB. Following the latest rally, BGB has also positioned itself as one of the top exchange-backed tokens, with a market cap of $7.4 billion.
Top exchange tokens according to market cap; Source: Coingecko
Bitget Token FAQs
How to buy Bitget token?
The best way to buy Bitget tokens is on the Bitget exchange itself. The exchange allows the purchase of its native token with top cryptocurrencies, stablecoins, and even supported fiat channels.
When was the Bitget token launched?
The Bitget token was launched in July 2021. It is Bitget’s native cryptocurrency, offering several utility values to the exchange’s customers.
Is Bitget a good investment?
Bitget is a very volatile cryptocurrency, meaning it might be risky if someone is looking to invest in it. Although the value of the token is rising, there is no certainty it will continue to do so. Any negative sentiment might also push the token to decline.
Bitcoin and meme coins have grabbed headlines in the latest crypto rally. However, one token gained 231% in value over the last 30 days and 813% in the past year. Interestingly, it’s not a meme token but is backed by a crypto exchange – the Bitget token (BGB).
The rise of the Bitget token has been remarkable. It is one of the few tokens that has maintained a winning streak in the last seven days, with a 23.7% increase in value. The exchange-backed token is now trading at a record value of almost $5.3.
The movement of Bitget token (BGB) in last 1 year; Source: Coinmarketcap.com
What Is Bitget Token (BGB)?
Launched in July 2021, the Bitget token is the native utility token of the Bitget exchange, a prominent platform for cryptocurrency derivatives trading.
Similar to other exchange tokens, the Bitget token is designed to enhance user engagement and streamline trading activities. BGB offers a wide range of use cases within the Bitget ecosystem. Holders of BGB can enjoy discounted trading fees, making it a cost-effective option for frequent traders. Additionally, the token grants access to exclusive platform privileges, such as participating in token sales via Launchpad and enjoying priority access to new product features.
BGB also plays a crucial role in Bitget’s broader ecosystem by supporting staking, reward programs, and other promotional activities that foster user loyalty.
Why Is Bitget Token (BGB) Rising?
The latest rise in the value of the Bitget token can be attributed to positive developments concerning the exchange.
The exchange is also awaiting further approval for a digital asset service provider licence from El Salvador’s National Commission of Digital Assets, which would allow it to offer cryptocurrencies beyond Bitcoin.
Additionally, the exchange operates from its base in Seychelles and is strengthening its presence in the European Union. Already licensed in Poland and Lithuania as a virtual asset service provider, the exchange is considering establishing a European base to align its operations with MiCA regulations.
Bitget also re-entered the United Kingdom last month after it restricted services in the country last May to meet local regulations.
What Is Happening with Other Exchange Tokens?
The exchange token model has become so successful that most crypto exchanges now have their native cryptocurrency.
Undoubtedly, the Binance token leads the pack with a market cap of more than $101 billion. Although BNB gained significantly in recent months, its value remained stagnant over the past seven days.
Other centralised crypto exchanges, including OKX, Kucoin, and Gate.io, also have their own native cryptocurrencies, but none are as big as BNB. Following the latest rally, BGB has also positioned itself as one of the top exchange-backed tokens, with a market cap of $7.4 billion.
Top exchange tokens according to market cap; Source: Coingecko
Bitget Token FAQs
How to buy Bitget token?
The best way to buy Bitget tokens is on the Bitget exchange itself. The exchange allows the purchase of its native token with top cryptocurrencies, stablecoins, and even supported fiat channels.
When was the Bitget token launched?
The Bitget token was launched in July 2021. It is Bitget’s native cryptocurrency, offering several utility values to the exchange’s customers.
Is Bitget a good investment?
Bitget is a very volatile cryptocurrency, meaning it might be risky if someone is looking to invest in it. Although the value of the token is rising, there is no certainty it will continue to do so. Any negative sentiment might also push the token to decline.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
