Forbes Ranks Bitget Among the World's Most Trusted Crypto Exchanges

Bitget, a cryptocurrency exchange platform and Web3 company, has secured a spot among the world's most trusted crypto exchanges in the latest edition of Forbes' digital asset platforms ranking.

Bitget, a cryptocurrency exchange platform and Web3 company, has secured a spot among the world’s most trusted crypto exchanges in the latest edition of Forbes’ digital asset platforms ranking. This marks Bitget’s first time on the prestigious list, debuting at eighth place among the top 25 most trusted crypto exchanges.

According to Forbes, Bitget stood as one of the most secure crypto exchanges in the world with transparent proof of reserves ensuring 100% of its assets and a $600M Protection Fund safeguarding users.

"Our collaboration with Turkish national athletes and legendary football league LALIGA as well as getting multiple licenses and onboarding new chiefs in the company all contributed to Bitget's success of positioning itself as the second largest crypto exchange ecosystem,” said Vugar Usi Zade, COO at Bitget.

Moreover, a report from CCData showed that Bitget's market share rose to 4.25%, surpassing its previous all-time high recorded in April 2024. Comparing the change in market share of the combined spot and derivatives market, Bitget was among the biggest beneficiaries of 2024 after its market share went up by 4.05% to 10.5%.

Previously, Bitget Token (BGB) was ranked as one of the top 10 best-performing cryptocurrencies by Forbes for H1 2024. Since then, BGB has surpassed all expectations with a surge of over 1000% last year.

"We are thrilled to be recognized by Forbes for our commitment to providing a secure and transparent trading platform for our users. This recognition is a testament to the hard work and dedication of our entire Bitget team in delivering best-in-class services to our valued community,” said Bitget COO Vugar Usi Zade in a statement on the company’s official website.

"Bitget has experienced tremendous growth in the Philippines, and we are committed to continuing our efforts in providing Filipino users with a seamless and secure crypto trading experience. We are excited to contribute to the country's thriving crypto scene and empower more Filipinos to join the Web3 revolution,” said Bitget Philippines Country Manager Jiawei Zhang in a statement.

"We are delighted to announce Hon NG's joining as Chief Legal Officer at Bitget. Hon brings a wealth of experience in the legal and regulatory aspects of the financial industry, having held senior legal roles at Standard Chartered Bank and Oversea-Chinese Banking Corporation,” said Bitget Founder and CEO Sandra Lou in a statement.