Bitget Spearheads Market Upswing with a 28% Increase in Derivative Trading Volume for January 2024

VICTORIA, Seychelles, Feb. 15, 2024 /PRNewswire/ — Leading the frontier in the crypto space, Bitget, premier Web3 and digital asset exchange, has published its insightful January 2024 Monthly Report. The report unfolds the exceptional growth in derivative trading volume for the month of January, sighted at a notable rate of 28%, overtaking the overall market’s 1.3% climb. WuBlockchain’s recent figures point out Bitget’s laudable performance at the top of the cryptocurrency exchange sector, alongside a commendable 9.4% rise in spot trading volume, which eclipses the general market’s 2.6% stride.

Further achievements spotlighted in the report showcase Bitget’s exceptional copy trading performance, where copy traders accumulated profits exceeding $15 million through over 2.2 million profitable transactions in January. The exchange further solidified its influence in the copy trading segment, drawing the attention of 4,400 skilled traders and welcoming 26,990 new followers eager to delve into cryptocurrency trading scenarios.

An in-depth analysis of the blockchain startup ecosystem funding trends revealed by Bitget indicate an ongoing gender-based disparity in funding, spanning from Q1 2022 to Q3 2023. Findings suggest women-led startups only attracted a mere 6.34% of the total funding, despite a minimal increase in representation from 8.3% in 2022 to 8.6% by Q3 2023.

Addressing this inequality, Bitget has introduced the forward-looking Blockchain4Her program, injecting a significant $10 million fund to promote gender diversity and inclusion in the blockchain domain. Launched at the distinguished Web3 Hub Davos event during the World Economic Forum 2024, the initiative aims to provide female entrepreneurs with access to various empowerment programs, contests, and awards.

The exchange also commemorates the second anniversary of its partnership with the iconic football star Lionel Messi, unveiling the inspirational #MakeItCount 2024 brand movie. The campaign highlights Messi’s path from challenge to success, offering motivation to the crypto and football communities to conquer barriers and seize opportunities for triumphant outcomes.

In light of shifting employment trends, Bitget provided insights through a newly released report that unveiled a noteworthy transition of professionals from the banking industry to the cryptocurrency sector, with one out of every three crypto job candidates stemming from traditional banking backgrounds. This shift showcases the allure of the crypto industry’s competitive salaries and its focus on technological innovation. Meanwhile, Bitget continues to expand its offerings with the introduction of 52 novel digital currencies on its platform.

About Bitget:

Founded in 2018, Bitget represents a global authority in the cryptocurrency exchange landscape and the Web3 ecosystem. It provides trading services to over 20 million customers across more than 100 countries. Bitget is dedicated to empowering traders with advanced copy trading capabilities and a suite of other innovative trading solutions. The Bitget Wallet, formerly known as BitKeep, is a state-of-the-art multicurrency wallet offering comprehensive Web3 functionalities including storage, swap, NFT Marketplace, and DApp browsing capabilities. Bitget fosters cryptocurrency adoption through strategic partnerships, including an alliance with legendary football athlete Lionel Messi and official eSports events producer PGL.

For additional information, explore the following resources: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

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