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Cryptocurrency News Articles

Bitget Ends Q1 2025 with $2.08 Trillion in Total Trading Volume

Apr 14, 2025 at 06:08 pm

Bitget, the leading cryptocurrency exchange and Web3 company, ended the first quarter of 2025 with $2.08 trillion in total trading volume, driven by a sharp 159% increase in spot trading

Bitget Ends Q1 2025 with $2.08 Trillion in Total Trading Volume

The leading cryptocurrency exchange, Bitget, has concluded the first quarter of 2025 with a remarkable $2.08 trillion in total trading volume. This achievement was driven by a sharp 159% increase in spot trading, which reached $387 billion amid heightened market participation and sustained momentum across new listings and core product lines.

As the preferred cryptocurrency exchange for experienced traders and beginners alike, Bitget continues to expand its user base rapidly. In Q1 alone, the platform added 4.89 million users on its CEX platform and 15 million users on Bitget Wallet, bringing the platform's global user base to over 120 million—a nearly 20% rise from the previous quarter.

The period also saw the introduction of a refreshed roadmap for Bitget's native token, BGB, highlighting expanded utility in staking, Launchpad participation, and integrations with new DeFi ecosystems. This initiative follows a successful year for BGB, despite market volatility. A quarterly burn schedule remains in place to manage supply-side pressures.

Furthermore, Bitget's commitment to transparency and user protection led to the transfer of nearly $100 million in ETH to Bybit following its breach. This move, highlighting a rare but critical exchange-to-exchange alignment in times of crisis, underscores Bitget's dedication to broader industry stability.

Moreover, Bitget's Proof-of-Reserves consistently exceeded the 130% mark throughout Q1, and its Protection Fund grew steadily from $495 million in January to $514 million by March, showcasing a cautious yet upward trend in asset reserves.

"This quarter's performance shows the value of staying agile in a volatile environment," said Gracy Chen, CEO at Bitget. "As we move into the next quarter, Bitget will continue to focus on building institutional-grade infrastructure and expanding its Web3 presence through its ecosystem. Compliance remains a key pillar as the exchange navigates tighter global oversight while staying anchored to its core ethos: helping users trade smarter."

In addition to its core products and services, Bitget is also making a positive impact in the community through various initiatives.

The Blockchain4Her initiative, launched last year with $10 million earmarked for long-term deployment, celebrated its first anniversary with three new ambassadors and activations in Southeast Asia and Eastern Europe aimed at onboarding more women into Web3.

As the preferred cryptocurrency exchange for experienced traders and beginners alike, Bitget is expanding its footprint in emerging markets through on-ground events and targeted partnerships. The platform entered motorsports by sponsoring Brazilian driver Flávio Sampaio in the 2025 Porsche Carrera Cup and hosted Ramadan-focused gatherings across MENA and Asia. Over 60,000 meals were distributed during the holy month through donations from local partners.

The move highlighted Bitget's commitment to making a difference in the community beyond core products and services.

The company also introduced several new products and partnerships to expand its offerings and provide users with more options. Among the new products is Bitget Seed, an AI-backed trading tool designed to identify and list promising early-stage tokens with strong on-chain signals.

For fiat onramps, Bitget partnered with Zen and Callpay to expand its presence in Europe and South Africa. The company also integrated with Morph Chain and Bulbaswap to expand BGB's liquidity and provide users with more trading pairs.

With a robust user pipeline, rising token activity, and new partnerships in motion, Bitget is well-positioned for another strong quarter.

For the full Q1 2025 report, please visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company, serving over 100 million users in 150+ countries and regions. The Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Email: [email protected]

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