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Bitget Surpasses Bybit with 45 Million Users Ranking as the 4th largest exchange

Bitcoinist
by Bitcoinist
11 months ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitget is celebrating its 6th anniversary with a significant milestone — surpassing 45 million users worldwide, overtaking its competitors becoming the fourth largest crypto exchange by trading volume. The platform boasts as the fastest-growing exchange with 400% user growth since last year.

As per Bitget’s press release, the company’s user base almost tripled since last year fueled by continuous innovation. In 2024, Bitget recorded significant growth in Africa (1,614%), South Asia (729%), and Southeast Asia (216%). The earned (savings) products on Bitget show a sharp rise, a more than 600% increase from Q3 2023 to Q3 2024. The platform also experienced a 50% traffic increase and a net asset inflow of $700 million in H1 2024.

Bitget in 2021 portrayed 300K users followed by an accelerated growth to 6M by 2022 and then in the last two years has skyrocketed portraying 45M users.

“Bitget’s consistent growth is a result of its continuous innovation from the best engineers and product teams across the industry. With a strong workforce of over 1500 talents, Bitget delivers world-class smart crypto solutions to its users with the ease of navigating and highest security custody. The 45M users on our exchange, wallet, and Web3 services show the strength of our growing CeDeFi ecosystem,” said Gracy Chen, CEO at Bitget.

As part of its celebrations, Bitget has 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, recognizing the crucial role of Bitget’s community and employees in its success. Themed “Smart Steps, Big Leaps,” a new brand advertisement is also unveiled during the celebrations.

In the past year, the platform introduced 425 new listings, expanded its Launchpad and Launchpool platforms, and launched PoolX, listing over 60 projects and attracting 350,000 participants within three months. The newly launched Bitget Pre-Market in 2024 engaged over 35,000 traders in just three months.

 

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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