VICTORIA, Seychelles, October 28, 2024 (Globe Newswire) — Bitget, the world’s leading crypto exchange and Web3 company, releases its Q3 2024 Transparency Report, highlighting user growth, We introduced significant progress in our token offering, strategic initiatives. Bitget has strengthened its position as one of the top global players in the cryptocurrency industry with a focus on improving financial accessibility and advancing blockchain technology.
Key highlights of Q3 2024:
Number of users exceeds 45 million, strengthening market position In the third quarter of 2024, Bitget will have over 45 million registered users worldwide and become the fourth largest cryptocurrency exchange by trading volume. achieved that milestone. Growth in the platform’s user base is up 400% from last year, driven by innovative product offerings and expansion into new regions including Africa, South Asia and Southeast Asia. The company’s focus on accessibility and user-centered design aligns with its mission to achieve financial freedom for all. Expanding Token Offerings and Staking Opportunities Bitget added 72 new token listings in Q3, bringing its lineup to over 800 tokens and over 900 spot trading pairs. Among new listings, POL, DRIFT, WUSD, REEF, and MOTHER stand out as having the highest total value locked (TVL) growth rates. Bitget’s pre-market platform continues to attract early traders, featuring 12 tokens in Q3 including CATI, MOCA, HMSTR, DOGS, and ZKL, with 53,800 traders participating and $23 million in cumulative trading volume reached. Furthermore, Bitget’s PoolX staking platform was launched in 2016. April offers high-yield staking options, making it a popular choice among users. In the third quarter, PoolX recorded over 94,805 participants and total wagers reached $2.3 billion, doubling from the second quarter. Popular pools include BGB, BTC, ETH, and USDT, giving users new avenues to earn rewards on the platform. Commitment to TON Ecosystem and Strategic Investments Bitget invests in The Open Network (TON) as part of $30 million co-investment with Foresight Ventures We have supported the expansion. With approximately 1 billion Telegram users worldwide, the TON ecosystem is growing exponentially, making Bitget an important entry point for users interested in TON-based projects and decentralized applications. Strategic Partnership with LALIGA to Drive Web3 Adoption Bitget has entered into a multi-million dollar partnership with LALIGA. The collaboration aims to raise awareness of cryptocurrencies and increase adoption of Web3 across Eastern Europe, Southeast Asia, and Latin America, leveraging LALIGA’s large global audience to engage crypto enthusiasts. Attracting new waves. This partnership is in line with Bitget’s mission to bring blockchain technology to mainstream audiences. Collaborating with Nansen to Enhance Token Discovery Bitget collaborated with Nansen to refine its token discovery strategy. Bitget provides traders with an advanced toolkit to identify promising tokens by leveraging on-chain data and community insights. Nansen’s strategic approach combined with analytical tools has led to the listing of 240 new tokens since April, making it one of the most active exchanges in early-stage token offerings.
Gracy Chen, CEO of Bitget, commented on the report: Bitget is helping shape the future of blockchain and finance by continually expanding our services, supporting impactful projects, and forming strategic partnerships. We remain focused on our mission to advance financial freedom and empower the next billion users through accessible and user-friendly digital solutions. ”
Bitget’s success in Q3 2024 demonstrates Bitget’s growing influence in the cryptocurrency industry, which is characterized by strategic initiatives, innovative products, and a commitment to user engagement. Going forward, Bitget will continue its mission of bridging the gap between centralized and decentralized finance as it expands its global reach.
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About biget
Founded in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving more than 45 million users in more than 150 countries and territories, Bitget exchange offers real-time access to Bitcoin prices, Ethereum prices, and other cryptocurrency prices, while pioneering We are committed to helping our users trade smarter with our trading features and other trading solutions. . Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain crypto wallet that offers a comprehensive set of Web3 solutions and features, including wallet functionality, token swaps, NFT marketplaces, DApp browsers, and more.
Bitget has been at the forefront of accelerating the adoption of cryptocurrencies through strategic partnerships, including its role as the official crypto partner of LALIGA, the world’s top football league in the Eastern, Southeast Asian and Latin American markets, and as the global partner of Turkish national athlete Buse. I am. Thorsun Cavusoglu (world wrestling champion), Samet Gümüş (boxing gold medalist) and Ilkin Aydın (national volleyball team) inspire the international community to embrace the future of cryptocurrencies.
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