- Bitget merges BWB with BGB, creating a unified token for both platforms with added benefits.
- BGB token holders gain exclusive perks, including discounts, staking, and VIP rewards.
- The merger boosts BGB’s utility, extending its use in DeFi, PayFi, and multi-chain applications.
Bitget has announced the integration of the Bitget Wallet Token (BWB) with the Bitget Token (BGB) to optimize and fortify the Bitget ecosystem. After the merger, BGB will be the only token available for trading on both the Bitget and Bitget Wallet platforms. This change will only be for the better and will also increase the usefulness and advantage to the token holders. BGB token will also not experience any change in its total supply after the Merger.
This is at a time when Bitget Wallet has recorded impressive performance throughout the year 2024. The user base has grown threefold, with more than 60 million people all around the world. Bitget Wallet is still increasing and allows users to link their accounts to multiple blockchains and dApps. Upon the platform’s entry into 2025, Bitget aims to improve the user experience and expand its presence in the Web3 sector.
Following the merger, Bitget has also sought to integrate the user interfaces of the wallet and exchange platforms. The unified BGB token will possess a greater number of advantages and uses. These include early access to Bitget Launchpad, a discount on spot fees, and VIP rewards, which will be extended to Bitget Wallet users.
Apart from the advantages of Bitget Exchange, BGB will also have on-chain functionalities. Such features as staking and trading as well as connections to decentralized finance (DeFi) applications, will be available. BGB will also be a multi-chain gas token for the Bitget Wallet, which shows that this token has many uses in the ecosystem. With the acquisition, users of Bitget Wallet will also be granted exclusive airdrops and rewards, increasing the token’s utility and appeal.
Will Bitget Token (BGB) Reach $10 By The End Of The Year?The merger also creates a path for BGB to enter PayFi scenarios from 2025 onwards. This will enable users to utilize the BGB in real life in aspects such as buying and tourism. Bitget aims to become the link between the digital world of Web3 and traditional financial services while expanding the utility of its token.
