Bitget to Withdraw $120 Million in BGB via Updated Token Burn Mechanism
Cryptocurrency exchange Bitget will destroy 30,006,905 BGB (approximately $120 million) following an update to its quarterly token burn mechanism. This was announced in the blog and social media of the trading platform. #Bitget unveils a major upgrade to the $BGB burn mechanism — linking quarterly burns to actual on-chain gas usage via @BitgetWallet GetGas. ? […]