Bitget records the highest capital inflow and the open interest rose in May by 39.2 % to $ 9.74 billion

Victoria, Seychellen, June 18, 2024, Chainwire

Bitget, the worldwide leading cryptocurrency exchange and the company web3 has mastered May stably and its position as the leading derivate exchange with the highest capital Exchange and sustainable growth in the open positions.

According to CCData's report, the combined spot and derivative trade volume on centralized stock exchanges in the course of the Bitcoin tholding and the BTC ETF events in May by $ 5.27 trillion. However, the open interest on derivate exchanges rose by 30.5 % to $ 55.2 billion. Against this background, Bitget recorded a remarkable increase in the open interest by 39.2 % and achieved $ 9.74 billion, which strengthened its position as the leading derivation exchange.

Source: ccdata

At the same time, Bitget recorded the highest one-month inflows of all centralized stock exchanges in May, whereby according to the on-chain data of $ 975.4 million, capital flowed into the platform. defillama . Bitget firmly establishes this considerable capital inflow as an industry leader.

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Source: Defillama

in May, Bitget expanded its selection of assets considerably by listing 62 new tokens, which led to considerable interest and increased trading volumes. The most powerful new additions included $ Turbo, $ MNTC, $ CEL, $ LIFEFORM and $ WOJAK, which recorded impressive growth between 260 % and 1430 %. This demonstrated Bitget's proactive approach to adapt to the developing market requirements and illustrated the considerable potential for lucrative returns within his ecosystem

Source: Bitget

In addition, Bitget 19 new tokens listed on Poolx who put on 120,381 participants in May. Poolx listed a total of 21 tokens, with outstanding growth in UDS (86 %) and Dogemob (26 %) as well as significant market capitalization increases in ATS (46 %) and APRS (17 %). The average effective annual interest (APR) of 10 % to 45 % continues to contribute to the growing demand and the success of the product.

The month was also shaped by decisive developments at Bitget, including the new CEO Rel = "Nofollow Noopener" Target = "_ Blank" href = "https://www.prnewswire.com/apac/news-releases/bitget-wallet-lists-ecosystem-bwb-on-native-launchpad-seeks-to-capital-on-Momentum-3062.html" Signal-Bot, which is intended to revolutionize the spread of knowledge to crypto trade on Telegram, the introduction of the elite " Trader campaign and global celebrations for the pizza day.

Further information on the monthly report can be found at here .

via Bitget

founded in 2018, bitget is the world's leading cryptocurrency exchange and web3 company. The Bitget exchange serves over 25 million users in over 100 countries and regions and has set itself the goal of helping users with their groundbreaking copy trading function and other trade solutions to help act more intelligently. Formerly known as Bitkeep, Bitget wallet is a first-class multi-chain-krypto wallet that offers a number of comprehensive web3 solutions and functions, including wallet functionality, Swap, NFT marketplace, Dapp browser and more. Bitget inspires individuals to deal with crypto, through working with credible partners, including the legendary Argentine footballer Lionel Messi and the Turkish national athletes Bus Tosun Çavuşoğlu (wrestling world champion), Samet Gümüş (gold medal winner in boxing) and İlkin Aydın (Volleyball national team).

Further information can be found at: website | Þjórsárden | Telegram | LinkedIn | Zwietracht | Bitget wallet

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