Bitget, a cryptocurrency exchange, has nearly tripled its global registered user base since last year, surpassing 45 million. The platform, commemorating its sixth anniversary, announced on Wednesday that this represents a 400% increase from 2023.
The company has achieved the fourth-largest crypto exchange by trading volume due to the “significant milestone.”
The surge is attributed to “continuous innovation, enhanced user experience, and a strong commitment to security.
According to Gracy Chen, CEO of Bitget, the company’s consistent development directly results from the continuous innovation of the industry’s most talented engineers and product teams.
Additionally, she underscored the exchange’s robust workforce, high-security possession, and Bitget’s intelligent crypto solutions, which are user-friendly.
Additionally, Bitget’s growth rate in 2024 was 1,614% in Africa, 729% in South Asia, and 216% in Southeast Asia.
Additionally, the platform encountered a net asset inflow of $700 million and a 50% increase in traffic during the first half of 2024.
Colin Wu, a blockchain blogger, also noted that the recent TON initiatives have resulted in significant user growth in the regions above.
Bitget Daily Trading Volume Exceeds $10 Billion
According to the official announcement, Bitget’s daily trading volume exceeded $10 billion, and its monthly visits exceeded 30 million.
The net inflow of assets totaled $779 million during the year’s initial half. Furthermore, Forbes identified Bitget’s native token, BGB, as one of the top ten most successful cryptocurrencies in H1 2024.
Additionally, the organization implemented innovative products, including pre-market trading and PoolX. PoolX initiated 60 initiatives within three months, contributing to its revenue growth.
“Moreover, Bitget is committed to fulfilling its corporate social responsibility (CSR) obligations,” the organization stated. For example, the #Blockchain4Youth initiative of the exchange has provided blockchain education to more than 13,000 students at 60 universities.
Bitget has initiated a commemorative anniversary page that includes contests and prices in honor of its sixth anniversary.