Bitget becomes the second largest crypto exchange ecosystem according to the user base
Bitget becomes the second largest crypto exchange ecosystem according to the user base
The platform recorded a sudden increase in its user base and grew from 20 million in January to over 100 million in December-an extraordinary growth of 400 %. This expansion went hand in hand with considerable progress in commercial activity, with the daily volume doubled to $ 20 billion. The spot trade volume grew exponentially and rose from $ 160 billion in the first quarter to $ 600 billion in the fourth quarter. These successes were promoted by a focused strategy that includes extremely competitive offers, user -centered innovations and global expansion.
between 2021 and 2024 the user base of Bitget in different regions recorded considerable growth. South Asia grew by 200 %, Southeast Asia by 140 %, European users rose by 67 %and Latin America and the Middle East recorded significant growth. The GUS region recorded growth of 150 % and Africa recorded the highest increase with 300 %. In the course of 2024, Bitget introduced a number of initiatives that accelerated its growth in the CEX ecosystem. The growth is attributed to the growing demand for digital assets worldwide, for which Bitget offers a large number of central and decentralized services. The integration of the "Smart Money" tools from Bitget Wallet, which are tailored to the extended on-chain data analysis, and the introduction of Poolx, a stake-to-mine platform, ensure improved user integration and diversified investment options. In addition, the company has introduced a pre-market trading platform that offers users seamless access to new tokens and liquidity before listing.
Bitget has made a strategic investment of $ 30 million in The Open Network (sound) Blockchain with Foresight Ventures and thus coordinated with the support of new trends such as Gamefi and TAP-to-EARN. The quick growth of the transaction volume and the decentralized app introduction of ton also played an important role in using the market opportunities. the native token of the platform, BGB, grew by over 1,000 %, its value was relieved and reached $ 8 by the end of the year. A newly implemented burning mechanism, combined with an improved token utility and an updated white paper, contributed to this growth. By reducing the overall offer and the introduction of a quarterly token-Burn program, Bitget BGB positioned as the core of the future growth of its ecosystem. in 2024 continued to change the development of Bitget. Gracy Chen, previously managing director, took on the role of the CEO and became the only female manager among the top 10 of the global stock exchanges. Next to her Hon Ng was appointed Chief Legal Officer, Vugar Usi Zade as Chief Operating Officer and Min Lin as Chief Business Officer. This strong management team has promoted strategic initiatives, compliance progress and user-oriented developments. This gave Bitget important permits, including a British license, a Bitcoin service provider (BSP) license in El Salvador, and started a localized exchange in Vietnam. These progress is in line with regional standards and at the same time expand the global presence. Bitget also made progress in the social responsibility of companies through initiatives such as Blockchain4Her, which promotes gender diversity in the blockchain, and Blockchain4youth, the young working people worldwide for blockchain. These programs reflect the more comprehensive vision of the stock exchange to enable integrative growth in the web3 area. With its strategic investments, regulatory successes and user-centered innovations, Bitget goes into 2025 and is on the way to further expansion and influence within the crypto ecosystem. The successes of the past year show the strategic vision of the platform in the design of the future of blockchain and crypto.
Source: Coinlist.me
Kommentare (0)