With a strong focus on enhancing financial accessibility and advancing blockchain technology, Bitget has reinforced its position as one of the top global players in the crypto industry.
Cryptocurrency exchange Bitget has released its Q3 2024 Transparency Report, highlighting notable achievements and growth.
According to the report, Bitget experienced a significant surge in user growth, with an average daily active user count of 1.2 million, a 35% increase from the previous quarter. The exchange also saw an impressive 2.8 billion in daily trading volume on average, showcasing the platform's liquidity and appeal among traders.
Furthermore, Bitget's native token, BGB, saw a strong performance, with an average daily trading volume of 150 million and a 20% increase in holdings by users. The exchange also added 18 new tokens to its lineup during Q3, bringing the total to 407 tokens available for trading on the platform.
In terms of user engagement, Bitget organized various online and offline events, including webinars, trading competitions, and community meet-ups, which engaged over 1.5 million participants globally. The exchange also launched the "Bitget Carnival" campaign, offering rewards and benefits to users.
notably, Bitget closed a Series C funding round at a valuation of 3.4 billion, with participation from Craft Ventures, Susquehanna International Group (SIG), DST Global Partners, and೫. The funds raised will be used to expand product offerings, enhance technology, and support global user acquisition.
Gracy Chen, CEO of Bitget, commented on the report, highlighting the company's focus on creating an accessible, secure, and innovative trading platform.
"Our growth in Q3 2024 reflects our commitment to creating an accessible, secure, and innovative trading platform for users worldwide. By continuously expanding our offerings, supporting impactful projects, and forming strategic partnerships, Bitget is helping shape the future of blockchain and finance. We remain focused on our mission to drive financial freedom and to empower the next billion users through accessible and user-friendly digital solutions.”
Overall, Bitget's Q3 2024 Transparency Report showcases the exchange's strong performance, driven by its commitment to user growth, token offerings, and strategic initiatives.
