{"data":{"id":11092,"name":"Bitget Token","symbol":"BGB","slug":"bitget-token-new","category":"token","description":"### What is BGB token?\n\nBGB is a decentralized token that is the primary token of Morph's blockchain, serving as the gas, governance, and payment token across the layer.\n\n### Who Are the Founders of Bitget Token?\n\nLaunched in 2021, Bitget Token (BGB) was initially created as the platform token for the Bitget exchange and Bitget Wallet.\n\nBitget is led by a team of visionary early adopters committed to a blockchain-powered future. Its leadership includes professionals with experience at global firms such as Goldman Sachs, Facebook, and Binance, including CEO Gracy Chen, COO Vugar Usi Zade, and CLO Hon Ng.\n\nIn September 2025, Bitget entered a strategic partnership with the Morph chain. The Morph Foundation, a non-profit decentralized organization, now oversees the future development of BGB.\n\n### What Makes Bitget Token (BGB) Unique?\n\nBGB is the gas and governance token of the Morph chain. At the same time, BGB will also get support from its partners, such as exchanges and wallets, serving as a key medium for Launchpool's new token mining, fee discounts, and more.\n\n### How Many Bitget Token (BGB) Coins Are There in Circulation?\n\nThe initial supply of Bitget Token (BGB) was fixed at 2 billion. As of September 2025, the circulating supply is 699,992,035 BGB. The Morph Foundation plans to implement an updated burn mechanism tied to Morph network activity, with a long-term goal of reducing the total BGB supply to 100 million.\n\n### How Is the Bitget Token Network Secured?\n\nBitget Token (BGB) initially launched on Ethereum's blockchain using the ERC-20 standard and Proof-of-Stake (PoS) consensus, making it compatible with any Ethereum wallet.\n\nFollowing the strategic partnership between Bitget and Morph, an increasing portion of the BGB supply will migrate to the Morph chain, where it functions as the gas and governance token.\n\n### Where Can You Buy Bitget Token (BGB)?\n\nBitget Token (BGB) can be purchased directly on the Bitget exchange. 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