Latest Bitget Token (BGB) News Update

By CMC AI
21 February 2026 12:27PM (UTC+0)

What is the latest news on BGB?

TLDR

BGB is evolving beyond a simple exchange token, with its utility expanding into on-chain payments and governance. Here are the latest news:

  1. USDT0 Launches on Bitget via Morph (17 February 2026) – Bitget integrates Morph’s unified stablecoin, expanding BGB’s role as the network's gas token.

  2. Bitget Removes Compound Interest from Earn (12 February 2026) – The platform shifts its On-chain Earn product to a simple interest model, altering yield mechanics.

  3. Bitget Updates PRO Tier Benefits (12 February 2026) – The exchange adjusts interest rate discounts and borrowing limits for its premium users.

Deep Dive

1. USDT0 Launches on Bitget via Morph (17 February 2026)

Overview: Morph's stablecoin, USDT0, went live on the Bitget exchange, aiming to unify fragmented USDT liquidity across multiple blockchains. As BGB serves as the native gas and governance token for the Morph Layer 2, this integration directly ties BGB's utility to increased on-chain settlement and payment activity on a major trading platform. What this means: This is bullish for BGB because it deepens the token's integration into real-world financial flows, moving its use case beyond exchange fee discounts. Increased stablecoin liquidity and transactions on Morph could drive higher demand for BGB to pay gas fees, potentially creating a more organic, usage-driven demand model. (CoinMarketCap)

2. Bitget Removes Compound Interest from Earn (12 February 2026)

Overview: Bitget announced it will remove the compound interest feature from its On-chain Earn product, switching to a simple interest calculation model effective 27 February 2026. The platform stated this change is intended to offer more flexible asset management. What this means: This is a neutral-to-bearish adjustment for BGB's appeal within Bitget's ecosystem. While it simplifies the product, it reduces the potential compounding yield for users, which might make staking or holding BGB for Earn rewards less attractive compared to other yield-generating options, potentially softening one source of demand. (Bitget)

3. Bitget Updates PRO Tier Benefits (12 February 2026)

Overview: Effective 24 February 2026, Bitget will update benefits for its PRO user tiers (1-6). The changes include reduced interest rate discounts for Crypto Loans and Margin Trading, alongside increased borrowing limits for loans. What this means: This is a nuanced update for BGB. While reduced discounts might slightly decrease the value proposition for some high-volume traders, the increased borrowing limits could encourage more leveraged activity on the platform. Higher trading volumes generally benefit exchange tokens like BGB through fee revenue and buyback mechanisms, but the direct impact on BGB demand from this change is indirect. (Bitget)

Conclusion

BGB's narrative is shifting from a centralized exchange utility token to a core component of the Morph blockchain's payment infrastructure, though recent platform adjustments refine its yield and premium user benefits. Will its new role in powering on-chain settlements outweigh the impact of changes to its in-house earning products?

What are people saying about BGB?

TLDR

The BGB community is holding steady, betting on long-term utility despite recent price pressure. Here’s what’s trending:

  1. Analysts highlight BGB's expanding utility as Morph's gas token as a major bullish catalyst.

  2. Traders are watching the $3.30–$3.35 zone as a critical technical support level.

  3. The aggressive token burn program is a consistent topic, seen as a key deflationary driver.

  4. The recent Kraken listing is viewed as a significant milestone for credibility and access.

Deep Dive

1. @Nicat_eth: BGB's utility expansion and buyback flywheel bullish

"BGB continues to benefit from Bitget’s accelerating user growth, earning flows, and derivatives volume... a revenue → buyback → scarcity loop." – @Nicat_eth (7.5K followers · 1 Dec 2025 06:53 PM UTC) View original post What this means: This is bullish for BGB because it frames the token as a core revenue-sharing asset within a growing exchange ecosystem, creating organic demand beyond speculation.

2. @CryptoBourse_: Defending key technical support neutral

"Long-term structure is still intact, and the daily chart keeps defending the 3.30–3.35 zone." – @CryptoBourse_ (4K followers · 25 Dec 2025 06:25 PM UTC) View original post What this means: This is neutral for BGB, indicating a battle between buyers and sellers at a crucial level; holding support could prevent a deeper decline.

3. @MrCryptoceek: Highlighting deflationary token burns bullish

"Deflationary (30M burned in Q2 2025 alone!)... BGB isn’t just surviving—it’s thriving." – @MrCryptoceek (2.8K followers · 30 Aug 2025 09:30 PM UTC) View original post What this means: This is bullish for BGB because aggressive supply reduction through burns directly combats inflation, potentially increasing scarcity and value over time.

4. @thenry002: Kraken listing as a growth catalyst bullish

"Kraken’s listing significantly enhances $BGB’s visibility, credibility, and access to new markets... this is a bullish signal." – @thenry002 (2.9K followers · 31 Jan 2026 01:03 PM UTC) View original post What this means: This is bullish for BGB because listings on top-tier, regulated exchanges broaden the investor base and improve liquidity, supporting long-term price discovery.

Conclusion

The consensus on BGB is cautiously bullish, anchored in fundamental utility growth, deflationary burns, and exchange adoption, even as price action remains weak. Watch for sustained on-chain activity on Morph and the execution of the next quarterly token burn to gauge real demand.

What is the latest update in BGB’s codebase?

TLDR

Bitget Token's most recent technical upgrade focuses on unifying its trading platform experience.

  1. Bitget UEX Upgrade (12 February 2026) – A major platform overhaul to consolidate trading interfaces and backend systems for a smoother user experience.

  2. Strategic Partnership with Morph Chain (September 2025) – BGB's role expanded to become the native gas and governance token for the Morph Layer 2 blockchain.

  3. Q2 2025 Utility-Based Token Burn (July 2025) – Implementation of a new burn mechanism directly tied to on-chain BGB gas fee usage.

Deep Dive

1. Bitget UEX Upgrade (12 February 2026)

Overview: This is a significant platform-wide upgrade labeled "Bitget UEX" (Universal Exchange). It aims to unify the trading experience across different interfaces and services, consolidating backend systems for greater efficiency.

The upgrade represents a major technical overhaul of Bitget's exchange infrastructure. While specific code commits aren't detailed, such an upgrade typically involves refactoring core trading engines, APIs, and user interface components to create a more cohesive and performant system. The goal is to reduce complexity for developers and provide a more consistent experience for traders across spot, futures, and other products.

What this means: This is neutral to bullish for BGB because a more robust and user-friendly platform can drive higher trading activity and exchange revenue, which directly funds the token's buyback-and-burn program. A smoother experience may attract and retain more users, increasing the fundamental utility and demand for BGB within the ecosystem.

(CoinMarketCal Bot)

2. Strategic Partnership with Morph Chain (September 2025)

Overview: Bitget transferred 440 million BGB tokens to the Morph Foundation, fundamentally upgrading BGB's role. It is now the designated gas (for transaction fees) and governance token for the Morph Layer 2 blockchain.

This is less a direct codebase update and more a pivotal evolution of BGB's tokenomics and utility. Of the 440 million tokens, 220 million were burned immediately, and the remaining 220 million are locked, with 2% released monthly for ecosystem development. The Morph Foundation now oversees BGB's roadmap and will link future burns to Morph network activity, targeting a final total supply of 100 million tokens.

What this means: This is bullish for BGB because it dramatically expands the token's utility beyond the Bitget exchange into a growing decentralized ecosystem, creating new demand drivers. The massive one-time burn and long-term supply reduction plan directly increase scarcity. However, it also introduces new risks, as BGB's value becomes tied to the adoption and security of the Morph network.

(Crypto Times)

3. Q2 2025 Utility-Based Token Burn (July 2025)

Overview: Bitget updated its burn mechanism to be directly linked to on-chain utility. The amount of BGB burned each quarter is now calculated using a formula based on the quantity of BGB used for gas fees on Bitget Wallet.

The new model creates a transparent, verifiable link between real-world usage and token scarcity. For Q2 2025, 1,058 BGB were used for gas, which—combined with a base amount—resulted in a burn of over 30 million tokens. All supporting data, including wallet addresses and transactions, is published on-chain for public verification, moving away from a purely profit-based burn.

What this means: This is bullish for BGB because it creates a sustainable, deflationary model grounded in actual user activity rather than just market conditions. It incentivizes adoption of Bitget's Web3 services and makes the token's supply mechanics more predictable and transparent for holders.

(Bitget News)

Conclusion

BGB's development trajectory shows a clear shift from a simple exchange utility token to a core asset within a broader, multi-chain Web3 economy, underscored by major platform upgrades, strategic Layer 2 integration, and a transparent, usage-driven burn mechanism. How will the success of the Morph ecosystem influence BGB's demand compared to its traditional exchange utility?

What is next on BGB’s roadmap?

TLDR

BGB's development is focused on expanding its utility through strategic partnerships and platform upgrades.

  1. Bitget UEX Upgrade (12 February 2026) – Major platform overhaul to unify trading experiences across multiple asset classes.

  2. Morph Chain CCIP Integration (Ongoing, February 2026) – Secure cross-chain upgrade making BGB the gas and governance token for Morph.

  3. Next Quarterly Token Burn (Q1 2026) – Continued deflationary mechanism linked to on-chain gas fee usage.

  4. Long-Term Supply Reduction to 100M (2026+) – Strategic vision to drastically cut total BGB supply, increasing scarcity.

Deep Dive

1. Bitget UEX Upgrade (12 February 2026)

Overview: Bitget is rolling out a Universal Exchange (UEX) upgrade, a significant platform overhaul aimed at unifying the trading experience. This model integrates spot, futures, staking, and on-chain access into a single interface, merging the performance of a centralized exchange with the autonomy of decentralized platforms. The upgrade is designed to simplify trading across multiple asset classes, including cryptocurrencies and tokenized stocks.

What this means: This is bullish for BGB because a superior user experience could drive higher platform engagement and trading volume. Increased exchange activity directly fuels the revenue-based buyback and burn mechanism, creating a positive feedback loop for token scarcity. The main risk is execution; any technical issues during the rollout could temporarily dampen user sentiment.

2. Morph Chain CCIP Integration (Ongoing, February 2026)

Overview: Following the strategic partnership announced in September 2025, BGB is being deeply integrated into the Morph blockchain as its native gas and governance token (Bitget). A critical technical upgrade using Chainlink's Cross-Chain Interoperability Protocol (CCIP) began on 4 February 2026 to enable secure, institutional-grade cross-chain movement of BGB. This migration aims to position BGB as the core settlement asset within Morph's payments-focused ecosystem.

What this means: This is bullish for BGB because it dramatically expands the token's utility beyond a simple exchange discount token into a fundamental piece of blockchain infrastructure. Successful adoption on Morph could create sustained, organic demand for BGB for gas fees and governance. The bearish risk lies in the success of the Morph ecosystem itself; if developer or user adoption lags, the new utility may not materialize as expected.

3. Next Quarterly Token Burn (Q1 2026)

Overview: BGB operates a transparent, utility-linked burn mechanism. Each quarter, a portion of tokens used for on-chain gas fees via Bitget Wallet's GetGas accounts, plus a fixed amount, are permanently destroyed. For example, in Q2 2025, 30,001,053.1 BGB were burned (Bitget). The next burn for Q1 2026 is expected to follow this model, with calculations based on that quarter's average BGB price and on-chain usage.

What this means: This is bullish for BGB because it enforces a predictable, deflationary supply schedule. By tying burns to real on-chain activity, the model incentivizes utility and can reduce sell pressure over time. The key metric to watch is the volume of BGB used for gas, as higher usage leads to larger burns.

4. Long-Term Supply Reduction to 100M (2026+)

Overview: The long-term strategic vision for BGB, now managed by the Morph Foundation, is to reduce the total token supply to 100 million. This will be achieved through the ongoing quarterly burn mechanism, which is now linked to Morph network activity. This represents a reduction of over 90% from the post-initial-burn supply of 1.2 billion.

What this means: This is extremely bullish for BGB because it establishes a clear, long-term path to extreme token scarcity. If demand remains stable or grows while supply shrinks dramatically, it creates a powerful fundamental tailwind. The major risk is timeline uncertainty, as the speed of reduction depends entirely on Morph network adoption and activity levels, which are not guaranteed.

Conclusion

BGB's roadmap is strategically pivoting from a pure exchange utility token to becoming the foundational gas and settlement asset for the Morph blockchain, backed by a aggressive, utility-driven deflationary model. The combined effect of expanded use cases and programmed scarcity could fundamentally reshape its value proposition. How quickly will Morph chain activity grow to accelerate the supply reduction?

CMC AI can make mistakes. Not financial advice.