Bitget TokenBGB

The exchange coin of Bitget, issued in July 2021, with 20% of quarterly profits used to burn supply.

Rank #67Since July 2021

Price on 31 Oct 2026

C$2.52 +9.8% since 31 Jul 2026 · 79.3% below its all-time high

The short version

Bitget Token is issued by Bitget, a crypto exchange founded in 2018 and led by CEO Gracy Chen since 2024. Of the 2 billion BGB minted, 1,092,124,026 (54.6%) sat in the burn address on 2 Nov 2026, after an 800 million core-team burn in Dec 2024 and quarterly burns funded by 20% of exchange and wallet profits. On 24 Sep 2026 Bitget reported a hot-wallet breach of about US$351.6M. On 31 Oct 2026 one BGB cost C$2.52. From 31 Jul 2026 to 31 Oct 2026 its price changed +9.8% in Canadian dollars, and it was 79.3% below its all-time high of C$12.17 set on 27 Dec 2024.^[1]

Facts checked 2 Nov 2026 · 11 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$6.35 (3 Nov 2025) · low C$2.25 (4 Aug 2026) · -60.4%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$2.51	US$1.80
30 Sep 2026	C$2.82	US$1.98
31 Aug 2026	C$2.68	US$1.93
31 Jul 2026	C$2.29	US$1.63
30 Jun 2026	C$2.30	US$1.62
31 May 2026	C$2.98	US$2.16
30 Apr 2026	C$2.69	US$1.98
31 Mar 2026	C$2.68	US$1.92
28 Feb 2026	C$3.01	US$2.21
31 Jan 2026	C$4.66	US$3.44
31 Dec 2025	C$4.78	US$3.49
30 Nov 2025	C$5.06	US$3.62

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$2.52^[1]
3-month change: +9.8% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 79.3% below its high of C$12.17 (27 Dec 2024)^[1]
Market rank: #67, market value about C$1.8B^[1]
Kind: Token · Ethereum (ERC-20); also on Morph
Started: July 2021

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNo mint function; 2 billion minted once^{[2, 3]}

Can anyone freeze or take coins from holders?NoNo blacklist, pause or balance-change function^{[2, 3]}

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[3]

Is the supply capped?Yes2 billion fixed; burns only reduce it^{[2, 4]}

Any scheduled unlocks in the next 12 months?NoNo vesting schedule published; Bitget says all BGB are in circulation^[5]

Does a team or foundation hold over 10% of supply?Not disclosedThe core team burned its 800M in Dec 2024; remaining team holdings are not published^[5]

Do network fees reach coin holders?Yes20% of quarterly exchange and wallet profits burn BGB^[5]

Main network hacked or halted in the past 2 years?NoNo exploit of the BGB contract; the 24 Sep 2026 breach hit Bitget's exchange wallets^{[6, 7]}

Is a regulator or court case targeting the coin itself?NoNo live regulator action found; the AMF removed bitget.com from its blacklist on 9 Jul 2026^[8]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Issuer: Bitget, founded 2018; CEO Gracy Chen since 2024; applied for an Austrian MiCA licence in Jun 2026^[8]
Admin powers: None: the ERC-20 contract has no mint, pause, blacklist or upgrade function^{[2, 3]}
Insider holdings: Bitget's whitepaper page says all BGB circulate after the Dec 2024 burn; team holdings are not itemized^[5]

Supply

In circulation: 699.99M BGB of a 2.00B maximum (35.0%)^[1]
Fully diluted value: 1.30 times its current market value^[1]
Minted: 2B BGB minted; about 1.09B (54.6%) sit in the burn address on 2 Nov 2026, leaving about 908M^[4]
Burn rule: 20% of quarterly profits from exchange and wallet operations buy back and burn BGB, usually early the next quarter^[5]
Burn history: 800M core-team tokens (40%) burned after the 27 Dec 2024 announcement; Q2 2025 burn 30,001,053 BGB (about US$138M)^{[5, 9]}

Use and fees

Main use: Fee discounts and ecosystem programs at Bitget; gas for Bitget Wallet's GetGas accounts; shared token of exchange and wallet since Dec 2024^{[8, 5]}
Who gets fees: 20% of exchange and wallet profits are burned as BGB each quarter^[5]

Trading

Daily trading: About C$15.6M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 0.74% of its market value changes hands each day^[1]
20-week average: 0.8% below its 20-week average price^[1]
1-year change: -60.6% in C$^[1]^[10]
Thin trading: Typically under 1% of its market value trades in a day^[1]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[11]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

Bitget detected unauthorised transfers from hot and warm wallets at 19:05 UTC on 24 Sep 2026, about US$351.6M; it said its US$464M protection fund covers the loss.^[6]
The burn address held 1,092,124,026 BGB on 2 Nov 2026, 292M more than the 800M burned in Dec 2024.^{[5, 4]}
France's AMF removed bitget.com from its blacklist on 9 Jul 2026 after Bitget left France in Mar 2026; a MiCA application was filed in Austria in Jun 2026.^[8]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.