Bitget Exceeds 45 Million User Milestone, Ranks as Fourth Biggest Cryptocurrency Exchange in Trading Volume

Essential Highlights

• Bitget now boasts over 45 million worldwide users, making it the fourth most significant cryptocurrency exchange by volume of trades.
• Throughout 2024, Bitget saw phenomenal adoption rates, most notably in Africa (1,614%), South Asia (729%), and Southeast Asia (216%).

With over 45 million users across the globe, Bitget has risen to become the fourth-leading crypto exchange in terms of trade volume. Additionally, it has recorded a 400% surge in its user base since the previous year, attaining the status of the fastest-growing exchange.

Significant Expansion in New Markets

During 2024, Bitget’s user base nearly tripled, enjoying substantial gains in areas such as Africa, South Asia, and Southeast Asia.

In Africa, user numbers skyrocketed by 1,614%, and growth rates in South Asia and Southeast Asia were 729% and 216% respectively. Such growth underlines the burgeoning need for cryptocurrency solutions in burgeoning markets, where technologies like DeFi and blockchain are valued for financial empowerment.

Bitget’s product portfolio, particularly its ‘earn’ or savings products, witnessed a 600% growth between Q3 of 2023 and Q3 of 2024.

Over the first half of 2024, the exchange saw a $700 million increase in asset inflow and a 50% surge in web traffic.

Pioneering Developments for an Expanding Ecosystem

Bitget’s significant advancement is a result of its ongoing dedication to innovation. Throughout 2024, the exchange rolled out 425 fresh cryptocurrency listings, broadened its Launchpad and Launchpool services, and debuted PoolX, which drew in over 350,000 users in just three months.

The Pre-Market feature of Bitget has also piqued the interest of the trading community, engaging over 35,000 traders in its early phase.

Bitget’s CEO, Gracy Chen, attributes the exchange’s accomplishments to the investment in elite engineering and product teams, backed by a robust workforce of 1,500. “The presence of 45M users across our exchange, wallet, and Web3 services demonstrates the robustness of our expanding CeDeFi ecosystem,” stated Chen.

Bitget’s unique CeDeFi blend, merging centralized and decentralized financial services, provides user versatility and security – key attributes for crypto investors in the current regulatory climate.

Dedication to Corporate Citizenship

Bitget extends its focus beyond financial achievements, making significant investments into Corporate Social Responsibility (CSR). Programs like #Blockchain4Youth and #Blockchain4Her represent the company’s pledge to inclusiveness and learning.

The #Blockchain4Youth initiative has reached over 13,000 students in more than 60 universities globally, including prestigious ones such as University of Zurich and National Taiwan University.

Further supporting gender equity, the #Blockchain4Her campaign works to enable women within the crypto space by partnering with SheFi and Women in Web3. This includes hosting events like the SheFi Summit and Blockchain4Her Awards to encourage women’s involvement in blockchain technologies.

Token2049 Hosts An Array of Bitget Events

In celebration of its sixth anniversary and recent achievements, Bitget is organizing various challenges and festivities at the Singapore Token2049 Summit as a principal sponsor. Notable among these is the Smart Awards ceremony, commending pioneers in the blockchain and crypto industry.

Additionally, Bitget is partnering with RaveDAO for Nightopia, an accompanying event at Token2049, presenting renowned DJs such as Don Diablo.

In line with the festivities, Bitget has set up a special anniversary webpage that showcases a letter from the CEO, along with contests and rewards, including a PS5, exclusive anniversary merchandise, and a portion of 20,000 USDT.

Looking ahead, Bitget is committed to fostering financial autonomy and global influence. With a new promotional campaign, “Smart Steps, Big Leaps,” and ambitious objectives for ongoing progress, Bitget is poised to continue its ascent in the cryptocurrency sphere.

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