Bitget Exchange Surpasses 45 Million Users Worldwide, 400% Growth Since 2023

Bitget Crypto Exchange Market

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Sujha Sundararajan

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Sujha Sundararajan

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September 17, 2024

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Crypto exchange Bitget has nearly tripled its global registered user base since last year, exceeding 45 million. This is a 400% increase since 2023, the platform announced Wednesday as it celebrates its sixth anniversary.

The “significant milestone” has led the firm to ascend to the fourth-largest crypto exchange by trading volume.

The release shared with Cryptonews said the spike is fuelled by “continuous innovation, enhanced user experience, and a strong commitment to security.”

“Bitget’s consistent growth is a result of its continuous innovation from the best engineers and product teams across the industry,” says Gracy Chen, CEO at Bitget. She also stressed the exchange’s high-security custody, strong workforce and Bitget’s smart crypto solutions with the ease of navigating.

“The 45M users on our exchange, wallet and Web3 services show the strength of our growing CeDeFi ecosystem.”

Further, Bitget’s significant growth rate reached 1,614% in Africa, 729% in South Asia and 216% in Southeast Asia in 2024.

Besides, the platform also experienced a 50% traffic increase and a net asset inflow of $700 million in H1 2024.

“In addition, the recent TON projects have brought a lot of user growth in the above regions,” wrote blockchain blogger Colin Wu.

Bitget Daily Trading Volume Exceeds $10 Billion

Per the official announcement, Bitget recorded a daily trading volume exceeding $10 billion and monthly visits surpassing 30 million times.

During the first half of the year, the net inflow of assets reached $779 million. Additionally, Forbes selected Bitget’s native token, BGB, as one of the top ten best-performing cryptos in H1 2024.

Furthermore, the firm also launched innovative products, PoolX and pre-market trading. PoolX embarked on 60 projects within three months, thus helping to increase earnings.

“In addition to this, Bitget actively fulfils its corporate social responsibility (CSR),” the company wrote. For instance, the exchange’s #Blockchain4Youth initiative has brought blockchain education to over 13,000 students in 60 universities.

As a part of Bitget’s 6^th-anniversary celebrations, the platform has launched a dedicated anniversary page featuring contests and prices.