Bitget has launched BGB 1-50 times U-denominated perpetual contracts

PANews reported on July 8th that Bitget has launched the BGB/USDT contract trading pair, with a maximum leverage of 50 times. BGB was launched in July 2021, with a total supply of 2 billion tokens and currently circulating tokens amounting to 1.4 billion. The issue price was $0.0585, and it reached an ATH (All-Time High) of $1.4306 in early June this year, increasing by 141.4% over the past year, with a current total market value of $1.4 billion.

On July 1st, Bitget announced an upgrade to the BGB smart contract address to further enrich the rights of BGB token holders and expand its use cases in decentralized applications such as DeFi, DEX, GameFi etc., providing more value and opportunities for BGB holders. Current benefits for BGB holders include participation in Launchpad, Launchpool, PoolX , LiCaiBao; fee discounts; as well as free withdrawals.