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Home»HACKING NEWS»BitGet has become the second largest cryptocurrency exchange ecosystem on user -based.
HACKING NEWS

BitGet has become the second largest cryptocurrency exchange ecosystem on user -based.

By Crypto FlexsJanuary 26, 20254 Mins Read
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BitGet has become the second largest cryptocurrency exchange ecosystem on user -based.
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BitgetThe leading cryptocurrency exchange and WEB3 company, the company, published a 2024 transparency report, which emphasizes one of the most successful years since its launch in 2018, and has emerged as the second largest exchange ecosystem based on users. Thanks to innovation, the ecosystem has expanded beyond expectations due to the strong demand for strategic business decisions and reliable platforms.

The platform has experienced an amazing growth of 400%from 20 million in January to 100 million in December, with a surge in user base. This expansion has doubled its daily trading volume to $ 20 billion, consistent with significant development of trading activities. In -kind trading volume increased exponentially from $ 160 billion in 1Q to $ 600 billion in the fourth quarter. This achievement was led by intensive strategies, including competitive products, user -centered innovation and global expansion.

Bitget’s user base between 2021 and 2024 showed significant growth in various regions. South Asia grew 200%, Southeast Asia grew 140%, European users increased 67%, and in Latin America and the Middle East. The CIS region grew 150%, and Africa recorded the highest growth rate of 300%.

In 2024, BitGet introduced a variety of initiatives to accelerate growth in the CEX ecosystem. This is because the demand for digital assets has increased in the world, where BitGet provides a variety of centralized and distributed services. Bitget Wallet’s “Smart Money” tool integration and equity mining platform, which is customized for analysis of high -quality onchain data, improved user participation and diversified investment opportunities. The company also launched a trading platform before market launch to provide users with smooth access to new tokens and liquidity before listing.

BitGet has made a $ 30 million strategic investment in The Open Network (TON) blockchain with Foresight Ventures in line with the support for new trends such as Gamefi and Tap-to-Earn. Ton’s surge in trading volume and decentralized apps also played an important role in utilizing market opportunities.

BGB, the basic token of the platform, has grown more than 1000%, and its value has increased by 10 times by the end of the year, reaching $ 8. The newly implemented incineration mechanisms combined with improved token utility and updated white papers contributed to this growth. By reducing the total supply and introducing the quarterly token incineration program, BitGet has established BGB as the core of the future growth of the ecosystem.

In 2024, leadership shifts further defined BitGet’s trajectory. Former executive Director Gracy Chen became the CEO and became the only female leader in the world’s top 10 exchanges. Together with her, Hon Ng is the chief law officer (CLO), Vugar USi Zide is the chief operating officer (COO), and Min Lin is appointed as the chief business manager. This powerful leadership team has been strategically involved in strategic initiatives, improving regulations and promoting user -centered development.

Through this, BitGet has obtained major approvals such as the UK license and El Salvador Bitcoin service provider (BSP) license and launched localized exchanges in Vietnam. Such development is expanded to the regional standards while expanding its global position.

BitGet has also made great progress in corporate social responsibility through initiatives such as Blockchain4Her, which promotes the gender diversity of blockchain, and Blockchain4YOUTH, which spreads blockchain awareness to young professionals around the world. Such a program reflects the wider vision of the exchange that enables comprehensive growth in the web3 space.

Through strategic investment, regulatory success, and user -centered innovation, BitGet celebrated 2025 in 2025, which can continue to expand and influence in the cryptocurrency ecosystem. Last year’s performance shows the strategic vision of the platform that forms the future of blockchain and cryptocurrency.


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