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Home » Bitget solidifies its position as the worlds fourthlargest cryptocurrency exchange with robust growth in Q3 2024
Cryptocurrency Market

Bitget solidifies its position as the worlds fourthlargest cryptocurrency exchange with robust growth in Q3 2024

Oct. 29, 20245 Mins Read
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Bitget solidifies its position as the worlds fourthlargest cryptocurrency exchange with robust growth in Q3 2024
Bitget solidifies its position as the worlds fourthlargest cryptocurrency exchange with robust growth in Q3 2024
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Bitget Releases 2024 Q3 Transparency Report, Announces Milestone of Over 45 Million Global Registered Users, Becomes 4th Largest Cryptocurrency Exchange by Trading Volume.

(Bitget Launchpool lists X Empire (X), locks BTC and ETH for mining)

(Bitget announces “HEROES CUP Trading Contest” is officially launched, waiting for you to win high prizes and Rolex)

Table of Contents
User Base Surpasses 45 Million, Strengthens Market Position
Expansion of Token Listing and Staking Opportunities
Investment in TON Ecosystem and Strategic Investments
Strategic Partnership with LaLiga to Promote Web3 Adoption
Strengthening Token Discovery through Collaboration with Nansen

About Bitget
This article is an advertisement. It is written and provided by Bitget and does not represent the position of the platform, nor is it investment advice or a recommendation to buy or sell. See the end of the article for a responsibility disclaimer.

A global leading cryptocurrency exchange and Web3 company, Bitget, has released its 2024 Q3 transparency report, showcasing significant progress in user growth, token listings, and strategic initiatives. Bitget is focused on improving financial accessibility and advancing blockchain technology to further strengthen its leading position in the global cryptocurrency industry.

User Base Surpasses 45 Million, Strengthens Market Position
In the 2024 Q3, Bitget achieved a milestone of over 45 million global registered users, becoming the 4th largest cryptocurrency exchange by trading volume. The platform’s user base has grown by 400% compared to the previous year, thanks to innovative product launches and expansion into emerging regions such as Africa, South Asia, and Southeast Asia. The company’s focus on accessibility and user-centered design aligns with its mission to achieve financial freedom.

Expansion of Token Listing and Staking Opportunities
Bitget added 72 new token listings in Q3, bringing the total to over 800 tokens and more than 900 spot trading pairs. Among them, POL, DRIFT, WUSD, REEF, and MOTHER are some of the tokens with the fastest growth in Total Value Locked (TVL). Additionally, Bitget’s pre-trading platform continues to attract early traders, listing 12 tokens in Q3, including CATI, MOCA, HMSTR, DOGS, and ZKL, attracting a total of 53,800 traders with a cumulative trading volume of 23 million USD.

Since its launch in April, the Bitget PoolX staking platform has become a popular choice for users, offering high-yield staking options. In Q3, the number of participants on the PoolX platform exceeded 94,805, with the total staked amount doubling from the second quarter to reach 2.3 billion USD. Popular staking pools include BGB, BTC, ETH, and USDT, providing users with new revenue streams.

Investment in TON Ecosystem and Strategic Investments
As part of a 30 million USD joint investment with Foresight Ventures to support The Open Network (TON) ecosystem, Bitget is actively promoting Telegram-based projects, including DOGS, Hamster Kombat, and Notcoin. With nearly 1 billion Telegram users worldwide, the TON ecosystem is experiencing exponential growth, making Bitget a key gateway for users to explore TON-related projects and decentralized applications.

Strategic Partnership with LaLiga to Promote Web3 Adoption
Bitget has established a partnership with LaLiga (Spanish football league) worth millions of dollars, further expanding its influence in the sports industry. The partnership aims to increase cryptocurrency awareness and Web3 adoption in Eastern Europe, Southeast Asia, and Latin America, leveraging the vast global audience of LaLiga to attract a new wave of cryptocurrency enthusiasts. This partnership aligns with Bitget’s mission to bring blockchain technology to mainstream audiences.

Strengthening Token Discovery through Collaboration with Nansen
Bitget has collaborated with Nansen to enhance its token discovery strategy. By leveraging on-chain data and community insights, Bitget provides advanced tools for traders to identify potential tokens. Through Nansen’s analytics tools, Bitget has added 240 tokens since April, becoming one of the leading exchanges in early token listings.

Gracy Chen, CEO of Bitget, stated, “Our growth in the 2024 Q3 demonstrates our commitment to building a globally accessible, secure, and innovative trading platform for users. By continuously expanding our products, supporting influential projects, and establishing strategic partnerships, Bitget is contributing to the future of blockchain and finance. We will continue to focus on promoting financial freedom and empowering the next billion users through convenient and user-friendly digital solutions.”

Founded in 2018, Bitget is a leading global cryptocurrency trading platform and Web3 company. Currently, Bitget serves over 100 countries and regions, helping over 45 million users achieve “intelligent” trading through various trading solutions, including leading copy trading services. The Bitget Wallet, formerly BitKeep, is a world-class multi-chain cryptocurrency wallet that provides a range of Web3 solutions and interactive features, integrating wallet, swap, NFT marketplace, DApp browser, and more.

By collaborating with trusted partners, Bitget encourages individuals to embrace cryptocurrencies, including being the official cryptocurrency partner of the top-tier professional football league LaLiga in East Asia, Southeast Asia, and Latin America, as well as partnering with Olympic athletes such as wrestling world champion Buse Tosun Çavuşoğlu, boxing gold medalist Samet Gümüş, and national volleyball team member İlkin Aydın.

Follow Bitget Taiwan’s official account for the latest updates:
Bitget Official Website
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Related Reports:
BGB price falls sharply and rebounds again! Bitget exchange responds: Full compensation to users within 72 hours
Bitget launches U-based joint margin guarantee to improve capital efficiency
Bitget added 1.7 million users in August and continues to grow despite market downturn

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