Bitget Releases Q3 2024 Transparency Report, Achieves Milestone of Over 45 Million Registered Users and Ranks 4th in Trading Volume as a Cryptocurrency Exchange.
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Table of Contents:
1. Surpassing 45 Million Users, Strengthening Market Position
2. Expanding Token Listings and Staking Opportunities
3. Investment in TON Ecosystem and Strategic Investments
4. Strategic Partnership with LaLiga to Promote Web3 Adoption
5. Strengthening Token Discovery through Collaboration with Nansen
6. About Bitget
This article is sponsored content, written and provided by Bitget. It does not represent the views of Dynamic Zone, nor does it constitute investment advice, purchase or sale recommendations. See the end of the article for the disclaimer.
Leading global cryptocurrency exchange and Web3 company Bitget has announced its Q3 2024 Transparency Report, showcasing significant progress in user growth, token listings, and strategic initiatives. Bitget focuses on enhancing financial accessibility and advancing blockchain technology, further solidifying its leading position in the global cryptocurrency industry.
Surpassing 45 Million Users, Strengthening Market Position
In Q3 2024, Bitget achieved a milestone of over 45 million registered users worldwide, ranking 4th in trading volume among cryptocurrency exchanges. The user base has grown by 400% compared to the previous year, thanks to innovative product launches and expansion into emerging regions such as Africa, South Asia, and Southeast Asia. The company’s focus on accessibility and user-centric design aligns with its mission to enable financial freedom.
Expanding Token Listings and Staking Opportunities
Bitget added 72 new token listings in Q3, bringing the total to over 800 tokens and more than 900 spot trading pairs. Among them, POL, DRIFT, WUSD, REEF, and MOTHER were the fastest-growing tokens in terms of Total Value Locked (TVL). Additionally, Bitget’s pre-market trading platform continued to attract early-stage traders, with 12 new tokens listed in Q3, including CATI, MOCA, HMSTR, DOGS, and ZKL, attracting a total of 53,800 traders and achieving a cumulative trading volume of $23 million.
Since its launch in April, the Bitget PoolX staking platform has become a popular choice for users, offering high-yield staking options. In Q3, the number of participants on the PoolX platform exceeded 94,805, with the total staked amount doubling compared to the second quarter, reaching $2.3 billion. Popular staking pools include BGB, BTC, ETH, and USDT, providing users with new avenues for earning rewards.
Investment in TON Ecosystem and Strategic Investments
As one of the investors jointly investing $30 million to support The Open Network (TON) ecosystem with Foresight Ventures, Bitget is actively promoting Telegram-based projects, including DOGS, Hamster Kombat, and Notcoin. With nearly 1 billion Telegram users worldwide, the TON ecosystem is experiencing exponential growth, making Bitget a key gateway for users to explore TON-related projects and decentralized applications.
Strategic Partnership with LaLiga to Promote Web3 Adoption
Bitget has partnered with LaLiga, the top professional football league in Spain, in a multimillion-dollar collaboration to further expand its influence in the sports industry. This partnership aims to raise awareness of cryptocurrencies and Web3 adoption in Eastern Europe, Southeast Asia, and Latin America, leveraging the massive global audience of LaLiga to attract a new wave of crypto enthusiasts. This collaboration aligns with Bitget’s mission to bring blockchain technology to mainstream audiences.
Strengthening Token Discovery through Collaboration with Nansen
Bitget has collaborated with Nansen to enhance its token discovery strategy. Through on-chain data and community insights, Bitget provides traders with advanced tools to identify potential tokens. By leveraging Nansen’s analytical tools, Bitget has added 240 tokens since April, becoming one of the primary exchanges actively listing early-stage tokens.
Gracy Chen, CEO of Bitget, stated, “Our growth in Q3 2024 demonstrates our commitment to building a globally accessible, secure, and innovative trading platform. By continuously expanding our product offerings, supporting influential projects, and establishing strategic partnerships, Bitget is contributing to the future of blockchain and finance. We will continue to focus on promoting financial freedom and empowering the next billion users through convenient and user-friendly digital solutions.”
Established in 2018, Bitget is a leading cryptocurrency exchange and Web3 company. Currently, Bitget serves over 100 countries and regions worldwide, helping over 45 million users achieve “smart” trading through leading copy-trading services and various trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain cryptocurrency wallet that provides a range of Web3 solutions and interactive features, integrating wallet, swap, NFT marketplace, DApp browser, and more.
Bitget encourages individuals to embrace cryptocurrencies through partnerships with trusted partners, including being the official cryptocurrency partner of the top professional football league LaLiga in East Asia, Southeast Asia, and Latin America, as well as partnerships with Olympic athletes such as wrestling world champion Buse Tosun Çavuşoğlu, boxing gold medalist Samet Gümüş, and volleyball national team member İlkin Aydın.
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