Bitget Becomes the Second Largest Crypto Exchange Ecosystem by Userbase


Bitget Becomes the Second Largest Crypto Exchange Ecosystem by Userbase

VICTORIA, Seychelles, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company has released its 2024 transparency report highlighting one of the most successful years the company has experienced since its launch in 2018 emerging as the second-largest exchange ecosystem by user base. Driven by innovation, strategic business decisions and a strong demand for trustworthy platforms have pushed the ecosystem to expand beyond expectations.

The platform experienced a surge in its user base, expanding from 20 million in January to over 100 million in December—an extraordinary growth of 400%. This expansion was matched by significant advancements in trading activity, with daily volumes doubling to $20 billion. Spot trading volumes grew exponentially, rising from $160 billion in Q1 to $600 billion in Q4. These achievements have been driven by a focused strategy involving highly competitive offerings, user-centric innovations, and global expansion.

Between 2021 and 2024, Bitget’s user base saw substantial growth across various regions. South Asia grew by 200%, while Southeast Asia expanded by 140%, European users increased by 67%, and Latin America and the Middle East saw significant surges. The CIS region experienced 150% growth, and Africa had the highest increase of 300%.

Throughout 2024, Bitget introduced a range of initiatives that accelerated its growth amidst CEX ecosystems. The growth is attributed to the growing demand for digital assets worldwide for which Bitget offers a multitude of centralized and decentralized services. The integration of Bitget Wallet’s 'Smart Money' tools, customized for advanced on-chain data analysis, and the launch of PoolX, a stake-to-mine platform, enhanced user engagement and diversified investment opportunities. Additionally, the company launched a pre-market trading platform, providing users with seamless access to new tokens and liquidity ahead of listings.

Bitget made a $30 million strategic investment in The Open Network (TON) blockchain with Foresight Ventures, aligning with its support for emerging trends like GameFi and Tap-to-Earn. TON’s rapid growth in transaction volumes and decentralized app adoption also played a significant role in leveraging the market opportunities.

The platform’s native token, BGB, grew by over 1000%, with its value increasing tenfold to reach $8 by year-end. A newly implemented burn mechanism, combined with enhanced token utility and an updated whitepaper, contributed to this growth. By reducing total supply and introducing a quarterly token burn program, Bitget positioned BGB as the core of its ecosystem's future growth.

In 2024, leadership transitions further defined Bitget’s trajectory. Gracy Chen, previously the Managing Director, assumed the role of CEO, becoming the only female leader among the top 10 global exchanges. Alongside her, Hon Ng was appointed Chief Legal Officer, Vugar Usi Zade as the Chief Operating Officer and Min Lin as Chief Business Officer. This strong leadership team has been strategic in driving strategic initiatives, compliance advancements, and user-focused developments.

With this, Bitget obtained key approvals, including a UK license, a Bitcoin Service Provider (BSP) license in El Salvador, and launched a localized exchange in Vietnam. These advancements operate in alignment with regional standards while expanding its global presence.

Bitget also made strides in corporate social responsibility through initiatives like Blockchain4Her, which promotes gender diversity in blockchain, and Blockchain4Youth, spreading blockchain awareness among young professionals worldwide. These programs reflect the exchange's broader vision of enabling inclusive growth within the Web3 space.

With its strategic investments, regulatory successes, and user-centric innovations, Bitget enters 2025 bound for continued expansion and influence within the crypto ecosystem. The past year’s achievements shows the platform's strategic vision in shaping the future of blockchain and crypto.

For the full transparency report, please visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3f663c4c-dc32-4a7c-bb30-bdb98db279ac



THỦ THUẬT HAY

Cách cập nhật Driver offline với file .INF, .SYS

Thế nhưng có những driver đã cũ, lâu hoặc nhà sản xuất phần mềm cập nhật driver không hỗ trợ, hoặc có hỗ trợ thì cũng không đầy đủ phiên bản, vậy cho nên phần mềm cập nhật driver sẽ không có tác dụng vào những lúc này.

Hướng dẫn ghép ảnh avatar theo trào lưu "Vịt Lộn, Vịt Dữa, Cút Lộn"

Dạo gần đây, trên mạng xã hội Facebook liên tục chia sẻ những tấm ảnh chế với dòng chữ 'Vịt lộn, vịt dữa, cút lộn' của designer với nickname @Maxk Nguyễn.

Hướng dẫn giả lập Android trên Windows bằng Droid4x

Khi cần giả lập Android để chạy những ứng dụng trên Windows, nhiều người sẽ nghĩ tới BlueStacks. Tuy nhiên, một điểm bất tiện của phần mềm này là nó đòi hòi máy có cấu hình tốt, nếu không khi cài lên sẽ bị 'giật'.

Pin Samsung A5 2017 dùng được bao lâu?

Trong điều kiện thử nghiệm của bài viết, Galaxy A5 2017 có thể trụ được hơn 10 giờ 30 phút sử dụng pin và thời gian sạc rất nhanh chỉ mất 1 giờ 36 phút. Cùng xem chi tiết thời lượng sử dụng pin của chiếc smartphone này

Những thủ thuật "About: Config" cải thiện trình duyệt Firefox

Những thủ thuật аbout:config dưới đấy sẽ khá hữu ích cho bạn khi sử dụng trình duyệt Firefox. Bạn sẽ cảm thấy thích thú hơn khi sử dụng trình duyệt này để lướt Web.

ĐÁNH GIÁ NHANH

Đánh giá WD My Passport SSD 1 TB: USB-C, ruột là ổ M.2 SanDisk, hiệu năng khá nhưng giá quá cao

WD My Passport SSD là chiếc ổ SSD di động đầu tiên của Western Digital và cũng là đầu tiên trong dòng My Passport. Chiếc ổ này chỉ vừa được bán ra, có 3 tùy chọn dung lượng là 256/512 GB và 1 TB.

Đánh giá camera kép trên Galaxy J7+ xóa phông cùng nhiều tính năng cao cấp như Galaxy Note 8

Tiếp nối thành công của Galaxy J7 Pro và J7 Prime, Samsung tiếp tục tung ra Galaxy J7 Plus ở phân khúc tầm trung với điểm nổi bật nhất là camera kép ở mặt sau phục vụ nhu cầu chụp ảnh chân dung xóa phông (Live Focus),

Đánh giá nhanh thiết kế Sony Xperia XZ2: Sự thay đổi lớn theo hướng tích cực

Hộp đựng Xperia XZ2 không có gì lạ khi làm bằng bìa cứng, màu sắc đơn giản và thanh lịch. Trong hộp có máy, củ sạc, cáp USB Type-C, jack chuyển đổi từ USB Type-C sang cổng 3,5mm (do Sony đã bỏ cổng tai nghe 3,5mm trên