Key Points
- Bitget has surpassed 45 million users worldwide, solidifying its position as the fourth largest cryptocurrency exchange by trading volume.
- The platform experienced explosive user growth in regions including Africa (1,614%), South Asia (729%), and Southeast Asia (216%) in 2024.
Bitget has become the fourth largest cryptocurrency exchange by trading volume, surpassing 45 million users worldwide. The platform has also become the fastest-growing exchange with a 400% increase in users since last year.
Explosive growth in emerging markets
By 2024, Bitget had nearly tripled its user base, with particular success in Africa, South Asia, and Southeast Asia.
Africa alone saw a whopping 1,614% growth, South Asia 729%, and Southeast Asia 216%. These figures show the growing demand for cryptocurrency access and services in emerging markets where decentralized finance (DeFi) and blockchain technology are seen as tools for financial inclusion.
Bitget’s financial products have gained attention along with its geographical expansion, with savings products in particular growing by over 600% from Q3 2023 to Q3 2024.
The platform recorded $700 million in net asset inflows and 50% traffic growth in the first half of 2024.
Innovation for a growing ecosystem
Bitget’s rapid growth can be attributed to its continuous innovation. In 2024 alone, the platform introduced 425 new cryptocurrency listings, expanded its Launchpad and Launchpool platforms, and launched PoolX, which attracted over 350,000 participants in just three months.
Bitget’s pre-market trading service has also gained significant popularity, with 35,000 traders participating in its initial phase.
Gracie Chen, CEO of Bitget, attributes this success to the company’s investment in a top-notch engineering and product team, along with its 1,500-strong workforce. “The 45 million users of our exchange, wallet, and Web3 services demonstrate the strength of the growing CeDeFi ecosystem,” Chen said.
Bitget’s hybrid approach of combining centralized finance and decentralized finance (CeDeFi) provides users with flexibility and security, which is a key factor for cryptocurrency investors navigating the changing regulatory landscape.
Commitment to social responsibility
In addition to financial growth, Bitget has invested heavily in corporate social responsibility (CSR). Initiatives such as #Blockchain4Youth and #Blockchain4Her demonstrate the exchange’s commitment to inclusion and education.
The #Blockchain4Youth program has already reached over 13,000 students from over 60 universities, including renowned institutions such as the University of Zurich and National Taiwan University.
The #Blockchain4Her initiative also focuses on empowering women in the cryptocurrency industry. Through partnerships with SheFi and Women in Web3, Bitget supports female entrepreneurs and drives diversity in traditionally male-dominated spaces. These efforts culminate in the SheFi Summit and Blockchain4Her Awards, which promote women’s participation in blockchain technology.
Bitget hosts a series of events on Token2049.
To celebrate its 6th anniversary and the milestones it has achieved, Bitget is hosting a series of events, including a challenge at the Singapore Token2049 Summit, where it will be the title sponsor. The highlight of the celebration will be the Smart Awards, which will recognize innovators in blockchain and cryptocurrency.
Bitget is partnering with RaveDAO to co-host Nightopia, a Token2049 side event featuring notable DJs including Don Diablo.
Bitget has also launched a dedicated commemorative page featuring an official statement from the CEO, contests, and prizes (including a PS5, a limited edition commemorative box, and a 20,000 USDT prize pool).
As Bitget moves forward, its focus on financial sovereignty and global expansion remains clear. With a new branding campaign themed “Smart Steps, Big Leaps” and ambitious plans for future growth, the company aims to maintain its upward trajectory in the crypto space.
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