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Bitget Token

BGB Centralized Exchange (CEX) Token Ethereum Ecosystem
$1.66
+0.40% (24h)

Market Stats

Price
$1.66
+0.40% (24h)
Market Cap
$1.2B
Volume (24h)
$5.90M
Supply
698.10M BGB
FDV
$1.53B

Shariah Analysis

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Last Screening: Q1 2024

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Community Sentiment

Community Discussion (1)

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Zakwan Termizi
1 year ago

Im confused, why GT token grey but BGB shariah verified? As what I see is, both token almost the same, and the reason GT was in grey because the profit from leverage and non halal token make it as uncertainty in syariah ruling, but, aren't BGB is the same? Bitget also have non halal token and also can trade leverage, then why BGB passed this screening? I Really need explanation please @Sharlife

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Adnin Ar-Rujail Zakwan Termizi
1 year ago

Assalamualaikum Brother, I am from Sharlife team. GT has not been rescreened yet for 2025. InshaAllah will be updated, and the status of the GT token may change to Shariah due to the token itself acting as an exchange token, which is based on the Sharlife's Shariah meeting. exchange tokens is deemed as Shariah, and the Shariah rulings will depend on how the user uses it. However, it is possible that it is deemed as non Shariah if the GT exchange only offers Shariah non-compliant features. If it is a mixed instrument (Shariah and non-Shariah) being offered, it will be deemed Shariah compliant, and the rulings will depend on how the token is being used. Wallahua'lam

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Zakwan Termizi Adnin Ar-Rujail
1 year ago

Thank you for the response, really appreciated it! So, can I assume MX and BNB Shariah compliance, since both offering mixed instrument (Shariah and non-Shariah)?

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Adnin Ar-Rujail Zakwan Termizi
1 year ago

You may assume the same for BNB, as it was previously considered in a grey area before the Shariah meeting due to its mixed offerings. However, MX has not been screened yet. Wallahu a'lam.

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About Bitget Token

Bitget is a forward-thinking cryptocurrency exchange that envisions a blockchain-powered future and strives to provide a secure, all-in-one investment platform for users. As a pioneer in crypto trading, Bitget offers diverse trading solutions, including futures, spot, and margin trading, along with innovative financial products tailored for different investment strategies. The platform allows users to engage in copy trading, enabling them to follow elite traders and generate passive income effortlessly. With over 800 listed tokens available for spot trading and a robust launchpad for early access to emerging crypto projects, Bitget is committed to helping users optimize their trading experience. Additionally, Bitget provides a variety of earning opportunities through savings plans, staking, and liquidity solutions, offering both flexible and fixed returns. Users can also leverage their crypto holdings for loans through Bitget's Crypto Loan and Premier Loans services. For risk-averse investors, Bitget offers structured financial products like Shark Fin and Smart Trend, ensuring stable income while mitigating risks. The platform also supports automated trading with AI-powered bots, enabling users to maximize profits in volatile markets. Furthermore, Bitget's BGB token serves as the cornerstone of its ecosystem, providing discounts, access to exclusive products, and participation in DeFi applications. With a strong focus on security, liquidity, and user-friendly services, Bitget continues to lead the way in bridging traditional and decentralized finance, making crypto investment more accessible and rewarding for all.

Consensus Mechanism

Proof of Stake