Bitget Token (BGB) Sees Surge in Trading Volume, Launches LaunchX Platform to Connect Innovation with the Web3 Community

Bitget Token (BGB) is the main utility token of the Bitget cryptocurrency exchange, launched on July 26, 2021. There are 2 billion BGB in total, with about 1

Bitget (centralized cryptocurrency exchange) has launched LaunchX, a new platform designed to connect innovative blockchain projects with the Web3 community. This move aims to facilitate projects in distributing tokens and increasing user adoption.

The first project featured on LaunchX is Fuel Network (FUEL), which is set to enhance blockchain scalability and efficiency through its advanced infrastructure. As it integrates with Bitget, the project will gain exposure to the exchange's large user base of over 45 million, aiding in widespread project discovery.

LaunchX is designed to provide a user-friendly and secure platform for blockchain projects to connect with potential users. It emphasizes user adoption and community engagement, aiming to accelerate the growth of promising Web3 initiatives.

Moreover, Bitget will offer support to developers for token listings and post-launch growth. For instance, the FUEL token will have a total supply of 10 billion, out of which 20% is allocated to the community. Commencing December 16, eligible Bitget users will be able to subscribe to FUEL tokens using USDT until December 19.

"LaunchX plays a pivotal role in promoting global crypto adoption and enabling promising projects to connect with investors. Together, let's light up the future of Web3," said Gracy Chen, CEO of Bitget.

Bitget’s LaunchX platform is crucial for promoting global crypto adoption and helping promising projects reach investors, ultimately contributing to the growth of the Web3 ecosystem.