Bitget launches BGB 1-50x U-margin perpetual contract

Odaily News Bitget 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, and there are currently 1.4 billion tokens in circulation. The issue price was $0.0585, and it hit an ATH of $1.4306 in early June this year, up 141.4% over the past year, with a current total market value of over $1.4 billion. On July 1, Bitget announced the upgrade of the BGB smart contract address to further enrich the rights and interests of BGB holders, expand its use scenarios in decentralized applications such as DeFi, DEX, and GameFi, and provide more value and opportunities for BGB holders. Current BGB holders’ rights include participation in Launchpad, Launchpool, PoolX, and Wealth Management, fee discounts, and free withdrawals.