The post Bitget announces the merger of BWB and BGB tokens to strengthen ecosystem appeared on BitcoinEthereumNews.com.

The goal of Bitget wallet and Bitget token integration is to improve user experience and broaden application possibilities on both centralized and decentralized platforms. As the only ecological token for the Bitget exchange and Bitget Wallet, Bitget has announced that it will combine its wallet with Bitget token. This announcement comes after the Bitget token’s rapid expansion (BGB), which was fueled by its rising market value and the number of holders. As of the latest data, BGB’s market cap has reached over $9.32 billion, and its price has shown a steady upward trend, reflecting growing investor confidence as the token’s price reaches an all-time high of $6.82. The trading volume for BGB is around $1.32 billion, which is a 271% rise over the past 24 hours, showcasing its liquidity and strong market activity. BGB token price chart | Source: crypto.news Bitget aims to support continued ecosystem growth by broadening BGB’s use cases, empowering launch pool initiatives, and increasing its presence across both on-chain and off-chain platforms. Bitget has positioned itself as a leading platform for high-quality projects. Offering a wide range of services, including pre-market, spot trading, leverage, and contracts, Bitget is now ranked at the sixth position among global exchanges by total trading volume, which is almost $5 billion dollars in the past 24 hours. In addition, Bitget Wallet, one of the largest Web3 wallets globally, serves over 60 million users across popular Layer 1 and Layer 2 ecosystems. With over 100 million total users, Bitget and Bitget Wallet together rank as one of the most significant players in the cryptocurrency market. The integration of BGB will further expand on-chain trading by deepening its involvement with popular public chains and leading DeFi ecosystems. Furthermore, BGB will be incorporated into the Bitget Wallet application for various on-chain functions such as…

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Filed under: News - @ December 26, 2024 10:21 am