What are the technical specifications of the Bitget Token (BGB) coin blockchain?

On the Bitget exchange, the BGB token fuels operations as a utility, facilitating trading fee payments, governance participation, and exclusive platform access.

Dec 26, 2024 at 06:09 am

Key Points

Bitget Token (BGB) is a utility token that powers the Bitget cryptocurrency exchange.
BGB has a maximum supply of 2 billion tokens and is currently trading at around $0.25.
BGB is used to pay for trading fees, participate in voting, and access exclusive features on the Bitget platform.

Technical Specifications

Blockchain: Ethereum
Token Symbol: BGB
Token Standard: ERC-20
Maximum Supply: 2 billion BGB
Circulating Supply: 1.5 billion BGB
Block Time: 15 seconds
Consensus Algorithm: Proof-of-Work (PoW)
Transaction Fees: 0.1% of transaction value
Smart Contract Address: 0x44C1F74a169d965619195F8785b8787306cB8d50

Use Cases

BGB can be used for a variety of purposes on the Bitget platform, including:

Trading Fees: BGB can be used to pay for trading fees on the Bitget exchange.
Staking: BGB can be staked to earn rewards and access exclusive features.
Voting: BGB holders can vote on proposals to improve the Bitget platform.
Access to Exclusive Features: BGB holders can access exclusive features on the Bitget platform, such as early access to new listings and discounts on trading fees.

FAQs

What is the price of BGB?

BGB is currently trading at around $0.25.

What is the maximum supply of BGB?

The maximum supply of BGB is 2 billion tokens.

What is the circulating supply of BGB?

The circulating supply of BGB is 1.5 billion tokens.

What is the block time of the BGB blockchain?

The block time of the BGB blockchain is 15 seconds.

What consensus algorithm does the BGB blockchain use?

The BGB blockchain uses the Proof-of-Work (PoW) consensus algorithm.

What are the transaction fees on the BGB blockchain?

The transaction fees on the BGB blockchain are 0.1% of transaction value.

What is the smart contract address of the BGB token?

The smart contract address of the BGB token is 0x44C1F74a169d965619195F8785b8787306cB8d50.

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