Key Takeaways
- Bitget has surpassed 45 million users globally, cementing its position as the fourth-largest cryptocurrency exchange by trading volume.
- The platform experienced explosive user growth in regions like Africa (1,614%), South Asia (729%), and Southeast Asia (216%) in 2024.
Bitget has surpassed 45 million users worldwide, becoming the fourth largest crypto exchange by trading volume. The platform also become the fastest-growing exchange with 400% user growth since last year.
Explosive Growth in Emerging Markets
In 2024, Bitget nearly tripled its user base, with particular success in regions like Africa, South Asia, and Southeast Asia.
Africa alone saw a staggering 1,614% growth, with South Asia following at 729%, and Southeast Asia at 216%. These figures underscore the increasing demand for cryptocurrency access and services in emerging markets, where decentralized finance (DeFi) and blockchain technology are seen as tools for financial inclusion.
Alongside its geographic expansion, Bitget’s financial products have garnered attention, especially its earn (savings) offerings, which saw over a 600% increase from Q3 2023 to Q3 2024.
The platform recorded a net asset inflow of $700 million and 50% growth in traffic in the first half of 2024.
Innovating for a Growing Ecosystem
The rapid rise of Bitget can be attributed to its consistent innovation. In 2024 alone, the platform introduced 425 new cryptocurrency listings, expanded its Launchpad and Launchpool platforms, and launched PoolX, attracting over 350,000 participants in just three months.
Bitget’s Pre-Market offering has also gained significant traction, engaging 35,000 traders in its early stages.
Gracy Chen, CEO at Bitget, credits this success to the company’s investment in top engineering and product teams, alongside a strong workforce of 1,500 employees. “The 45M users on our exchange, wallet and Web3 services show the strength of our growing CeDeFi ecosystem,” said Chen.
Bitget’s hybrid approach of combining centralized and decentralized finance (CeDeFi) offers users flexibility and security, which have become crucial factors for crypto investors navigating an evolving regulatory environment.
Commitment to Social Responsibility
Beyond financial growth, Bitget has invested heavily in Corporate Social Responsibility (CSR). Initiatives like #Blockchain4Youth and #Blockchain4Her exemplify the exchange’s commitment to inclusivity and education.
The #Blockchain4Youth program has already reached over 13,000 students across more than 60 universities, including renowned institutions like 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 continues to support female entrepreneurs and drive diversity in a traditionally male-dominated space. These efforts culminate in the SheFi Summit and Blockchain4Her Awards, which promote female participation in blockchain technology.
Bitget is hosting a series of events at Token2049
To celebrate its 6th anniversary and the milestones achieved, Bitget is hosting a series of events, including challenges at the Singapore Token2049 Summit, where it serves as a title sponsor. A highlight of the celebration is the Smart Awards, which recognize innovators in blockchain and cryptocurrency.
Bitget is also co-hosting Nightopia, a Token2049 side event, in partnership with RaveDAO, featuring top DJs like Don Diablo.
Bitget has also launched a dedicated anniversary page, featuring an open letter from the CEO, contests and prizes, including a PS5, limited-edition anniversary boxes, and a share of 20,000 USDT.
As Bitget moves forward, its focus on financial sovereignty and global expansion remains clear. With a new brand advertisement, themed “Smart Steps, Big Leaps,” and ambitious plans for future growth, the company aims to maintain its upward trajectory in the crypto space.
Read Also: BlackRock and Microsoft to Launch $30B AI Infrastructure Fund