Top Bitget Token News Today – October 2025
The Bitget Token (BGB) is trending as October 2025 unfolds, with a string of strategic moves that are reshaping its role in the market. Far from being just another exchange token, BGB is making a compelling case for itself as a cornerstone asset in a rapidly growing ecosystem. The token’s recent performance is less about random market swings and more about calculated, high-impact developments.
The biggest news for BGB this month is its integration with the Morph Chain. On September 2nd, Bitget transferred 440 million BGB to the Morph Foundation. Right off the bat, 220 million of those tokens were permanently burned, wiping out about 20% of the circulating supply in one go. The remaining 220 million are locked up, set to be released gradually to support the new ecosystem. This development ties BGB’s future directly to the success of an on-chain ecosystem, giving it a utility that extends far beyond the Bitget exchange.
Celebrating its seventh anniversary, Bitget is also thinking bigger about its own future. The company’s CEO, Gracy Chen, introduced the concept of a “Universal Exchange (UEX).” The vision is to create a single platform that breaks down the walls between centralized and decentralized finance, offering not just crypto but also tokenized real-world assets like stocks and ETFs. This long-term plan positions Bitget, and by extension, BGB, as a bridge between the old financial world and the new, aiming to make a vast range of assets accessible to its 120 million users.
To keep the community engaged, Bitget continues to roll out rewarding events. The Trading Club Championship is running from September to October, offering a 120,000 BGB prize pool. The platform is also a hotspot for new projects, with Bitget Launchpool featuring tokens such as Falcon Finance (FF) and Plasma (XPL), where users can stake BGB to participate.
Additionally, Bitget has been distributing rewards to its top-tier users, including a recent airdrop of 50,000 BGB and 200,000 0G tokens to eligible VIPs. These regular events provide continuous incentives for holding and using BGB.
Finally, the ecosystem’s usability is getting a major upgrade. Bitget Wallet introduced gas-free swaps and transfers on the Polygon network, removing a common point of friction for users. The wallet is also integrated with payment platform Mercuryo, now allowing instant crypto purchases using Apple Pay, Google Pay, and credit cards. These practical updates make interacting with the ecosystem smoother and more accessible for a mainstream audience, which is critical for long-term adoption.
Bitget Token Facts and Statistics
Launched on July 26, 2021, the Bitget Token (BGB) was created to power the Bitget exchange ecosystem. Initially, it offered a standard set of perks for an exchange token, but a series of aggressive strategic decisions has since set it on a unique path, particularly its approach to managing the token supply.
Here are some interesting facts and statistics of the Bitget Token:
- BGB is an ERC-20 token on the Ethereum blockchain and also serves as the native token for the Morph chain.
- It was launched on July 26, 2021.
- BGB started at an issue price of $0.0585.
- The token was launched with a total supply of 2 billion BGB.
- In a major move to strengthen the tokenomics, Bitget burned 800 million BGB tokens in early 2025, representing 40% of the original total supply.
- An additional 220 million BGB tokens were burned in September 2025 as part of the partnership with Morph Chain.
- The long-term plan is to continue burning BGB through a transparent, automated mechanism until the total supply is reduced to just 100 million tokens.
- Following the burns, the total supply has been reduced to approximately 1.14 billion BGB.
- BGB reached its peak price of $8.50 in December 2024.
- The token’s lowest recorded price was $0.01428.
- BGB holders get a 20% discount on spot trading fees, access to new projects on Launchpad and Launchpool, and staking rewards.
- It is now also the gas and governance token for the Morph Chain, a Layer-2 network.
- BGB consistently ranks among the top 50 cryptocurrencies by market capitalization.
- As of early September 2025, there were over 20,500 BGB holders, though a significant portion of the supply is held in a small number of wallets, which is a key factor for traders to watch.
Latest Bitget Token News in October 2025
The Bitget Token (BGB) has demonstrated significant growth, with its price increasing by over 400% in the past year. This performance has placed it on the radar of many traders, as the token continues to build its utility within the expanding Bitget ecosystem.
A major recent development was the strategic move with Morph Chain, a payments-focused Layer 2 network. Furthering its reach, Bitget sponsored the Catalunya MotoGP. The event featured a Fan Booth and marketing campaigns designed to integrate cryptocurrency with global sports culture.
On the platform side, Bitget Wallet introduced gas-free transfers and swaps on the Polygon network, allowing users to cover up to three of each per day. This follows similar initiatives on chains like Base, Arbitrum, and Solana, where the wallet has already subsidized gas fees for over 320,000 transactions.
The platform’s Launchpool also remained a key area of activity. New projects like Falcon Finance (FF) and Plasma (XPL) were introduced, offering millions of tokens in rewards for users who stake BGB. For instance, the Falcon Finance campaign featured a prize pool of over 5.5 million FF.
Given the fast pace of developments, traders should rely on official sources for accurate information. Misinformation is common in the crypto space, and sticking to verified channels helps in making sound decisions. For the latest on BGB, check out these official outlets:
News events can directly affect a token’s price. For example, the announcement of the Morph partnership and the associated token burn was a fundamental shift in BGB’s tokenomics. Such a significant reduction in supply, coupled with expanded utility as a gas token, often leads to positive price movement as the market digests the long-term implications of increased scarcity and demand.
Breaking Bitget Token Price News
The price of Bitget Token, like many digital assets, is prone to sharp movements. Keeping up with price news helps traders understand the market sentiment and the factors driving value changes, which is critical for timing trades effectively.
The first half of 2025 was a challenging period for most exchange tokens, and BGB was no exception. Its price pulled back from a high of $8.50 to a support level around $4.50. While this represented a significant drop, it occurred as the platform was strengthening its fundamentals. During these six months, Bitget’s user base expanded to 120 million, and the company aggressively reduced the token supply, burning over 60 million BGB, equivalent to more than 5% of the total, through its quarterly burn program.
The most shocking news was the massive supply reduction events. In January 2025, Bitget burned 800 million BGB tokens, representing a staggering 40% of the initial total supply. This single event fundamentally altered the token’s economic model. This was followed by another burn of 220 million BGB in September 2025 as part of the Morph partnership. These actions are part of a clear strategy to create a deflationary asset, which differs from the inflationary models of many other tokens.
This aggressive burn strategy is the breakthrough news that has reshaped BGB’s trajectory. The token is moving from being a simple platform utility to a core component of a cross-chain ecosystem with a shrinking supply. This transition to what some might call an indispensable asset is what caught the market’s attention and fueled its earlier run to an all-time high. The combination of engineered scarcity and expanding use cases forms a powerful narrative for the token’s future.
For a deeper look into what these developments might mean for its future value, check out this Bitget Token Price Prediction.
Best Upcoming Bitget Token Events in 2025
The last few months have been busy for Bitget, with a constant stream of activities keeping the community engaged. Bitget just wrapped up Phase 10 of its Trading Club Championship, offering substantial BGB airdrops. These events set a lively pace leading up to the end of the year, with several more opportunities on the horizon for traders and crypto enthusiasts.
Here are some of the top events to watch for:
TOKEN2049 Singapore 2025
TOKEN2049 is one of the premier crypto events globally, and its Singapore conference is a key gathering for industry leaders, developers, and investors. Bitget’s presence at such events typically involves networking, new announcements, and showcasing the latest platform developments. For enthusiasts, it’s an opportunity to see how Bitget is positioning itself within the broader industry conversation and what future directions the platform may take.
While direct participation for all users isn’t the focus, the announcements and partnerships that often come out of these high-profile conferences can have a notable effect on the token’s standing and market perception. It’s an event for BGB holders to monitor for news and strategic updates that could shape the token’s roadmap.
Bitget Trading Club Championship (Phase 11)
This recurring event is a favorite among active traders. Running from October 1 to October 7, 2025, Phase 11 invites users to trade popular spot assets and futures to compete for a share of a massive 120,000 BGB airdrop pool. The competition is structured with multiple activities, including a club-based spot credits challenge and individual leaderboards for both spot and futures trading.
The spot trading battle focuses on designated assets like BTC, BGB, SOL, XRP, and MYX, with the top trader earning 800 BGB. The futures competition is even more intense, with the winner set to receive 1,400 BGB. This event directly rewards platform activity and creates a competitive environment that boosts trading volumes and engagement.
Falcon Finance (FF) on Launchpool
Bitget Launchpool continues to be a key benefit for BGB holders, offering a way to get early exposure to new projects. The Falcon Finance (FF) event, with a staking period from September 30 to October 2, 2025, is the latest example. Users can stake their BGB in a dedicated pool to receive a share of 5,040,000 FF tokens as airdrops.
This type of event directly increases the utility of holding BGB. It provides a low-effort way to accumulate new tokens from up-and-coming projects. The minimum staking amount is just 5 BGB, making it accessible to a wide range of holders who want to put their assets to work.
New Bitget Token Partnerships
Bitget’s approach to partnerships is multi-faceted, targeting different areas to build a stronger and more versatile ecosystem. The platform forms alliances with high-frequency trading firms to improve market liquidity and tighten spreads, which results in a better trading experience for all users.
At the same time, Bitget is reaching into new cultural domains like music and sports to build brand recognition and attract a mainstream audience. Other collaborations focus on core infrastructure, adding new on-ramps and expanding the utility of BGB in practical, real-world scenarios.
- Morph: This is one of the most impactful partnerships of the year. BGB is now the native gas and governance token for Morph, a Layer-2 network focused on consumer finance and payments.
- Wincent, Pulsar, and Da Vinci: Bitget has formed strategic collaborations with several leading quantitative and high-frequency trading firms. The partnerships with Wincent, Pulsar, and Da Vinci are all aimed at bolstering liquidity across Bitget’s spot and derivatives markets.
- UNTOLD Festival: By becoming the exclusive Web3 partner for one of the world’s top three music festivals, Bitget is tapping into youth culture on a massive scale. This partnership is about building brand identity and showing that crypto can be part of mainstream entertainment.
- MotoGP: Aligning with a high-octane global sport like MotoGP, Bitget sponsored the Catalunya Grand Prix to boost its international visibility. This type of partnership associates the brand with speed, precision, and a global fanbase, helping to build trust and recognition in new markets.
- Mercuryo: To simplify the process of buying crypto, Bitget Wallet teamed up with payment infrastructure platform Mercuryo. This allows users to purchase more than 40 different cryptocurrencies directly within the wallet using familiar methods like Apple Pay, Google Pay, and credit cards.
Bitget Token Future Outlook
The road ahead for BGB is shaped by an aggressive strategy focused on shrinking its supply while expanding its applications. A key development is the partnership with Morph, an Ethereum Layer 2 network geared toward consumer payments. This positions BGB as the network’s gas and governance token, moving it from an exchange-centric asset to a foundational piece of a broader financial ecosystem.
The deflationary pressure is a core part of BGB’s design. The initial burn in January 2025 removed 800 million BGB, or 40% of the total supply, from existence. The new burn mechanism, which commenced in Q2 2025, directly ties token destruction to platform profits and on-chain usage, creating a direct correlation between the ecosystem’s success and the token’s scarcity. For instance, Bitget burned 30 million BGB in Q1 2025 and another 30 million in Q2 2025.
Looking toward 2026, the introduction of PayFi solutions aims to enable people to use BGB for everyday purchases, such as shopping and travel, thereby giving it a real-world purpose. This push, combined with Bitget’s “Universal Exchange” (UEX) concept to list millions of assets, including stocks and ETFs, points to a future where BGB is integral to a much larger financial world.
The information presented in this guide is current as of October 2025.
Bitget Token News FAQs
Here are answers to some frequently asked questions about the Bitget Token.
Does Bitget Have Its Own Token?
Yes, Bitget’s native utility token is the Bitget Token (BGB), which is discussed throughout this guide. It is an ERC-20 asset on the Ethereum blockchain. Launched on July 26, 2021, BGB offers holders benefits such as a 20% discount on spot trading fees.
What is The Future of Bitget Token?
The future of BGB is focused on reducing its supply and expanding its use. A quarterly burn mechanism aims to shrink the total supply to just 100 million tokens. Its integration as the gas token for the Morph network and planned PayFi applications for real-world payments in 2026 are key to its growth.
Where Can I Buy Bitget Tokens?
BGB tokens are primarily traded on the Bitget exchange, which offers pairs like BGB/USDT and BGB/BTC. You can also find BGB on other centralized exchanges such as MEXC and Bitfinex. For decentralized options, it is available on platforms like Uniswap, since it is an ERC-20 token.
Which Country Owns Bitget?
Bitget was founded in Singapore in 2018 but is registered in Seychelles and operates globally without a fixed headquarters. The exchange serves over 120 million users across more than 150 countries. This global structure allows it to maintain a worldwide presence while adapting to different regulatory environments.