Bitget celebrates 6 years with over 45M users and 400% growth, ranking fourth in crypto exchanges amid strong community engagement.
Cryptocurrency exchange Bitget has recorded a significant increase in its user base worldwide to more than 45 million registered users, marking a 400% increase in growth from 2023.
This impressive increase in the sixth year of the cryptocurrency exchange’s operations indicates its strong development and stable position in the foreign cryptocurrency market. The platform’s commitment to continuous evolution and improvement has led it to become the world’s fourth-largest crypto exchange in terms of trading volume.
Gracy Chen, the head of Bitget, credits this to the continuous expansion of the platform and the talent of the exchange’s engineers and product developers. “The 45M users on our exchange, wallet and Web3 services show the strength of our growing CeDeFi ecosystem,” Chen pointed out. Additionally, the platform’s growth can be attributed to strategic improvements in security systems and the provision of user-friendly crypto features.
Bitget’s Rapid Growth
Exponential growth rates in 2024 were experienced at Bitget across several regions, where it recorded a 1, 614% surge in Africa, 729% in South Asia, and 216% in Southeast Asia. These numbers show a rapidly growing interest in cryptocurrencies in emerging markets, which Bitget has successfully leveraged through the financial inclusion possibilities associated with the use of blockchain solutions.
The exchange has witnessed a 50% rise in the platform traffic and a net asset inflow of $700 million in the first half of 2024. Such indicators reveal the firm’s potential to attract significant capital investments as well as its high level of user activity. Moreover, new projects such as TON have expanded the company’s market presence in these core areas and new projects have been developed.
Bitget’s Community Engagement
Some of the key reflections of this forward-looking strategy include Bitget’s recent product offerings and community engagements. The addition of PoolX and the pre-market trading opportunities diversify its services, which has subsequently attracted more than 350,000 participants, improving the total earnings for the individuals. Such a level of innovation is one of the reasons that Bitget is still growing in such a competitive environment.
In addition to financial products, the company has shown concern for its social responsibility as a corporate body (CSR). Some of the initiatives include the #Blockchain4Youth which has managed to teach over 13,000 students from 60 universities globally. Moreover, the #Blockchain4Her program is focused on emphasizing women’s participation in the cryptocurrency industry and collaborating with organizations that encourage female entrepreneurs, such as SheFi and Women in Web3.
Currently, Bitget is celebrating its sixth anniversary, and as part of it, various contests and events have been held, which creates even more involvement in the community and strengthens the company’s standing in the crypto industry.
