tldr; Bitget’s native token, BGB, is set to be listed on Kraken, expanding its reach to regulated markets. This follows BGB’s transition to the Morph Foundation, where it now serves as a gas and governance token for the Morph Layer 2 blockchain. The listing aligns with Bitget’s strategy to evolve BGB from an exchange utility token to a broader Web3 ecosystem asset. Kraken has not confirmed the listing details yet. BGB trades at $3.52 with a market cap of $2.46 billion, competing with established tokens like Binance’s BNB and OKX’s OKB.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ComaKaho on
It doesn’t matter because we won’t be able to trade derivatives on Bitget in Europe starting in March. So if the token price didn’t go up when Bitget was the only one, along with Kraken and maybe MEXC (I’m not sure), offering derivatives trading in Europe, I don’t see how it can go up after that.
That was the only reason we were using Bitget, so we’re going back to Kraken.
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tldr; Bitget’s native token, BGB, is set to be listed on Kraken, expanding its reach to regulated markets. This follows BGB’s transition to the Morph Foundation, where it now serves as a gas and governance token for the Morph Layer 2 blockchain. The listing aligns with Bitget’s strategy to evolve BGB from an exchange utility token to a broader Web3 ecosystem asset. Kraken has not confirmed the listing details yet. BGB trades at $3.52 with a market cap of $2.46 billion, competing with established tokens like Binance’s BNB and OKX’s OKB.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
It doesn’t matter because we won’t be able to trade derivatives on Bitget in Europe starting in March. So if the token price didn’t go up when Bitget was the only one, along with Kraken and maybe MEXC (I’m not sure), offering derivatives trading in Europe, I don’t see how it can go up after that.
That was the only reason we were using Bitget, so we’re going back to Kraken.