Bitget Blog
Bitget Q1 2025 Transparency Report
TLDR;
Bitget recorded $2.08 trillion total trading volume in Q1 2025; Spot trading volume surged 159% QoQ to $387 billion.
Bitget and Bitget Wallet added 19.89 million new users in Q1 2025, increasing its total user base by 20% to over 120 million users in its ecosystem.
Bitget’s Protection Fund grew steadily from $495 million in January to $514 million by March 2025.
Bitget transferred ~$100 million in ETH to Bybit post-hack, demonstrating exchange solidarity and trust-building in cris
2025-04-11
2025-04-11
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- Global Web3 Giants Bitget and Avalanche Join Forces to Boost Web3 Ecosystem in IndiaNew Delhi, 28 April 2025: Bitget, the world’s leading crypto exchange and web3 company, announced a strategic collaboration with Avalanche®, the fastest and most reliable smart contracts platform in the world. Bitget and Avalanche are leaders in the field of digital asset trading and blockchain technology, respectively, and the partnership is aimed at leveraging the combined strength of both global brands to enable grassroots adoption of web3 technology.
Avalanche is investing aggressively in th2025-04-28
- Bitget Drops Exclusive LALIGA Skins: Trade in Style with Barça, Real Madrid & More
Victoria, Seychelles, 28 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched its innovative "Your Team, Your Skin: LALIGA on Bitget" campaign in a move that blends the thrill of football with the excitement of crypto trading. The product update allows users to deck out their Bitget app with their favorite LALIGA team logo and compete for rewards, proving that in crypto, as in football, passion and strategy go hand in hand.
Bitget, known for pushing the boun2025-04-28
- Bitget Awards Women Entrepreneurs at the Pitch’n Slay CompetitionBitget, a leading cryptocurrency exchange and Web3 company, hosted its first-ever pitch competition for women entrepreneurs in blockchain and crypto — Pitch’n Slay — as part of the 0xConnect conference. Winners received cash prizes, gifts from organizers and sponsors, as well as valuable feedback and recommendations from the event’s jury.
"Pitch’n Slay is part of the large-scale global initiative Blockchain4Her , launched by Bitget last year at the initiative of the company's CEO Gracy Chen. Th2025-04-28
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- BitgetBitget Q1 2025 Transparency Report TLDR; Bitget recorded $2.08 trillion total trading volume in Q1 2025; Spot trading volume surged 159% QoQ to $387 billion. Bitget and Bitget Wallet added 19.89 million new users in Q1 2025, increasing its total user base by 20% to over 120 million users in its ecosystem. Bitget’s Protection Fund grew steadily from $495 million in January to $514 million by March 2025. Bitget transferred ~$100 million in ETH to Bybit post-hack, demonstrating exchange solidarity and trust-building in cris2025-04-11
- Press releaseBitget Token (BGB) Burn Model Updated with First Quarterly Burn Exceeding 30 Million Tokens Victoria, Seychelles, April 9, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB's quarterly burn amount to its on-chain usage, signifying the token's evolution towards higher transparency, compliance, and sustainable token value. To better reflect the growing integration of BGB across centralized and decentralized e2025-04-09
- Press releaseBitget Launches Bitget Onchain to Give CEX Users Early Access to Promising On-chain Assets Victoria, Seychelles, 7th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, unveils Bitget Onchain — a groundbreaking innovation that bridges the best of CEX and DEX. By combining the speed, security, and simplicity of centralized platforms with direct access to emerging on-chain assets, Bitget Onchain redefines how users discover and trade the next wave of crypto opportunities. Bitget Onchain provides on-chain asset transactions directly on the Bitge2025-04-07
- Press releaseBitget Chief of Legal's Open Letter Highlights Expansion and Regulatory Compliance Plans Victoria, Seychelles, April 7th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has published an open letter by its Chief Legal Officer, Hon Ng, which highlights the exchange's efforts in global regulatory compliance and expansion. The CEX continues to grow in the global crypto market by securing regulatory approvals and expanding its operations. With a strong focus on compliance, Bitget is navigating evolving regulatory landscapes with over eight l2025-04-07
- BitgetA Letter from our CLO: Statement of Commitment to Regulatory Compliance At Bitget, we pride ourselves on being one of the safest and most trusted cryptocurrency exchanges in the world. We were proud to be recognised recently by Forbes as one of the World's Most Trustworthy Crypto Exchanges and Marketplaces. Our commitment to compliance is at the core of our operations as we strive to create a secure environment for our users. As part of this commitment, Bitget has successfully obtained regulatory licenses and approvals around the world tailored to our different bu2025-04-07
Press releaseBitget Secures El Salvador Digital Asset Service Provider (DASP) License After BSP Approval Victoria, Seychelles, 4th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has obtained the Digital Asset Service Provider (DASP) license from El Salvador’s National Commission of Digital Assets (CNAD), expanding its regulatory framework within the country. This development comes after the earlier acquisition of the Bitcoin Services Provider (BSP) license in 2024. El Salvador is one of the pioneering jurisdictions passing comprehensive legislation2025-04-04
Trading botsBitget Futures Titan Leaderboard Round 7: April Signals A Shift — Step In, Move Fast, Access MoreApril brings momentum on top of new beginnings. A quiet signal becomes a surge. Traders who sense the shift early are often the ones who move with precision, stay ahead of the curve, and access the most valuable outcomes. Bitget Futures Titan Leaderboard: Round 7 is now live with a structured and performance-based environment. There is 420,000 USDT in total incentives, daily and weekly leaderboards, real-time ranking updates, and tiered benefits for those who are prepared to move decisively. Whe2025-04-02
Press releaseBitget Celebrates 1.5 million Downloads in February Victoria, Seychelles, 20 March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces its position as the third most downloaded crypto exchange app worldwide in February 2025, according to data from SensorTower. With 1.57 million downloads, the platform trails only Binance and OKX in global rankings, further cementing its role as a key player in the digital asset industry. This milestone follows Bitget’s recent recognition as the #8 most trusted crypto2025-03-20
BitgetBitget February 2025 Transparency Report Introduction February 2025 was a landmark month for Bitget, as the company solidified its position as a trusted leader in the global crypto space. This achievement was highlighted by Bitget’s inclusion in Forbes' list of the Top Trusted Crypto Exchanges, ranking #8—a testament to its continuous efforts in building trust with users through innovative solutions and a commitment to security. The company also marked significant milestones in its EU expansion, securing the Virt2025-03-11
BitgetBitget Transparency Report: 2024 Year in ReviewTLDR; - Expanded user base by 400%, from 20M in January to 100M in December. - Spot trading surged from $160B in Q1 to $600B in Q4; daily volumes doubled to $20B. - $30M investment in the TON blockchain to support GameFi and Tap-to-Earn trends. - BGB surged over 10x, driven by burn mechanisms and enhanced utility. - Gracy Chen became the CEO from Managing Director at Bitget, making her the only female CEO in the top 10 exchanges, Hon Ng joined as a CLO, and Min Lin joined as the CBO. - Gained ap2025-01-23
Press releaseBitget Becomes the Second Largest Crypto Exchange Ecosystem by Userbase Victoria, Seychelles, 2 3rd January 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has released its 2024 transparency report highlighting one of the most successful years the company has experienced since its launch in 2018, emerging as the second-largest exchange ecosystem by user base. Driven by innovation, strategic business decisions, and a strong demand for trustworthy platforms have pushed the ecosystem to expand beyond expectations. The pla2025-01-23
GracyBitget CEO New Year Letter: Propel into New Horizons and Surge through Bullish Tides Dear Bitget Team, Partners, and Users, In the past 2024, we look back on an extraordinary year in the crypto world. It was a year of remarkable milestones: the approval of the Bitcoin spot ETF by the SEC at the start of the year, granting broader access to institutional investors and retail users; Bitcoin’s much-anticipated halving in April, followed by the approval of the2025-01-06
BitgetBitget Prepares for MiCA Compliance with an Upcoming Europe Regional Hub Victoria, Seychelles, 11th December 2024: Bitget, the world's leading cryptocurrency exchange and Web3 company, is exploring the establishment of its Europe regional hub in Lithuania as part of its strategic expansion in the European Union. The move aligns with the EU’s Markets in Crypto-Assets (MiCA) framework, which aims to provide a unified regulatory environment for crypto assets across the region. The company is actively preparing for compliance under the MiCA framework, including2024-12-11
Press releaseGlobal Web3 Giants Bitget and Avalanche Join Forces to Boost Web3 Ecosystem in IndiaNew Delhi, 28 April 2025: Bitget, the world’s leading crypto exchange and web3 company, announced a strategic collaboration with Avalanche®, the fastest and most reliable smart contracts platform in the world. Bitget and Avalanche are leaders in the field of digital asset trading and blockchain technology, respectively, and the partnership is aimed at leveraging the combined strength of both global brands to enable grassroots adoption of web3 technology. Avalanche is investing aggressively in th2025-04-28
Press releaseBitget Drops Exclusive LALIGA Skins: Trade in Style with Barça, Real Madrid & More Victoria, Seychelles, 28 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched its innovative "Your Team, Your Skin: LALIGA on Bitget" campaign in a move that blends the thrill of football with the excitement of crypto trading. The product update allows users to deck out their Bitget app with their favorite LALIGA team logo and compete for rewards, proving that in crypto, as in football, passion and strategy go hand in hand. Bitget, known for pushing the boun2025-04-28
Hot EventsBitget Awards Women Entrepreneurs at the Pitch’n Slay CompetitionBitget, a leading cryptocurrency exchange and Web3 company, hosted its first-ever pitch competition for women entrepreneurs in blockchain and crypto — Pitch’n Slay — as part of the 0xConnect conference. Winners received cash prizes, gifts from organizers and sponsors, as well as valuable feedback and recommendations from the event’s jury. "Pitch’n Slay is part of the large-scale global initiative Blockchain4Her , launched by Bitget last year at the initiative of the company's CEO Gracy Chen. Th2025-04-28
BitgetBitget Research Report: Blockchain vs. AI - Untapped Potential in Talent Attraction and GrowthExecutive Summary While artificial intelligence (AI) has rapidly scaled to become a dominant force in technology employment, the blockchain sector has yet to unlock its full potential. Despite significant growth trends, blockchain employment remains at a fraction of AI’s workforce expansion. However, if blockchain reaches mainstream adoption at a pace similar to AI, it could generate an exponential increase in job creation, possibly surpassing current projections of 500,000 new roles by 2028. T2025-04-24
Press releaseBitget Releases April 2025 Proof of Reserves Report: User Assets Secured at 191% Reserve Ratio Victoria, Seychelles, April 25th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has published its monthly Proof of Reserves (PoR) report for April 2025, which shows its continued commitment to transparency and user asset security. The latest verification confirms that Bitget maintains highly secure collateralized reserves, with an industry-leading 191% overall reserve ratio, ensuring full backing of all user funds. Bitget continues to upho2025-04-25
Press releaseBitget Lists Dolomite (DOLO), a Modular DeFi Protocol on Arbitrum Victoria, Seychelles, 22 April 2025 – Bitget, the leading global cryptocurrency exchange and Web3 company, has announced the listing of Dolomite (DOLO), a next-generation DeFi protocol built on Arbitrum. Trading will commence under the DOLO/USDT pair on April 24, 2025. The token will be listed in Bitget’s Innovation and DeFi Zone, reflecting its status as a project at the forefront of decentralized finance. Dolomite offers a modular money market protocol that merges advanced2025-04-23
Press releaseBitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders Victoria, Seychelles, April 23, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic update aligns with Bitget’s commitment in 2025 to serving institutional investors, improving liquidity depth, and tra2025-04-23
Press releaseBitget Launchpool to list Zora with Over 30M in Rewards Victoria, Seychelles, 21 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Zora for spot trading and the launch of an exclusive Launchpool rewards campaign. Spot trading for Zora will go live on 23 April, 13:00 (UTC) under the ZORA/USDT pair, with withdrawals available on 24 April 2025, 14:00 (UTC). Eligible users can lock BGB and ZORA to grab a share of 26,830,000 ZORA and 3,333,000 ZORA respectively. The Launchpool camp2025-04-21
Press releaseBitget Announces Pre-Market Trading for Initia (INIT) Victoria, Seychelles, 17 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for Initia (INIT), an L1 blockchain that unites appchains to unlock their full value through interwoven infrastructure and aligned economics. The pre-market trading feature on Bitget facilitates a unique environment for price discovery and liquidity optimization. This structure allows buyers and sellers to negotiate pricing agreements ahead of public tr2025-04-18
Press releaseBitget Burns $130 Million BGB, 2.5% of the Total Token Supply Victoria, Seychelles, April 17th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has completed the burn for 30 million Bitget Token (BGB) as per its previously shared burn mechanism plan for the quarter. At the time of the burn, this represented a market value of around $130 million and accounts for roughly 2.5% of BGB’s total supply. Over the past six months, Bitget has destroyed 42.5% of the total BGB supply. This reduction includes 19% from core team holdings, with the2025-04-17
Hot EventsHot Airdrops This Week: PAWS on CandyBomb, GM on Launchpool & WCT on PoolX! Hi Bitgetters, welcome to this blog post of collection of interesting airdrops, special in the Southeast Asia region for the period of April 17, 2025. You are in the right place and at the right time, because there are many interesting airdrops from trending crypto assets such as PAWS, WCT, GM—and of course— BGB, coming this week. There are a total of 140 million PAWS tokens up for grabs on CandyBomb, 15.4 million GM tokens on Launchpool, 565 estimated APR WCT tokens on PoolX and many more! In2025-04-17
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