Bitget Integrates Morph Chain, Expands BGB Utility with New Liquidity Pools

Bitget Exchange has integrated BGB onto the Morph Chain to enhance its accessibility across multiple blockchains. The new integration makes transferring tokens smoother and increases BGB’s reach within the decentralized finance space. Additionally, Bitget has launched new liquidity pools for BGB.

Liquidity Pools and Staking Programs Fuel BGB’s Growth

Bitget has also launched new liquidity pools for BGB, which offers even more ways for users to engage and earn rewards. The integration of BGB with Morph Chain marks a major achievement for Bitget. With BGB now linked to the Morph Bridge. 

The new liquidity pool on Bulbaswap adds another layer to the ecosystem, with over $1.1 million already locked within a few days. Users can earn rewards while helping grow the token’s ecosystem.

BGB’s Bright Future and Real-World Use Cases

Gracy Chen, CEO of Bitget, emphasized the exchange’s focus on growing BGB’s utility. The company recently unveiled a BGB whitepaper roadmap, which includes a buyback and burn program to reduce supply and increase value. 

So far, 800 million BGB have been burned, representing 40% of the total supply. Looking ahead, Bitget plans to integrate BGB into DeFi applications, staking programs, and real-world use cases. 

The token’s rapid growth in 2024, increasing tenfold in value, has positioned it as one of the top exchange tokens. The integration with PayFi will allow BGB to be used for payments, including travel and shopping via the Bitget Card.