Bitget Reports Significant Growth in Trading Volumes and User Base

📆 4/14/2024 7:44 PM
📰 Crypto_Potato

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Bitget,Trading Volumes,User Base

Bitget experienced a surge in trading volumes and user base in the first quarter of 2024, with futures trading volume reaching $1.4 trillion and spot trading volume exceeding $160 billion. The exchange also saw significant growth in derivatives market share, securing the position of the third-largest derivatives trading platform by volume. Bitget's native token, BGB, surpassed 1 in February and its market capitalization rose to $1.5 billion.

Bitget experienced significant growth across its trading volumes and user base in the first quarter of 2024, riding the wave of widespread market resurgence.

Bitget saw its most significant growth in derivatives market share in March, with a rise of 2.4%. This enabled it to secure the position of the third-largest derivatives trading platform by volume and marked the first time since December that Bitget had achieved this ranking. Since the beginning of 2023, BGB has delivered 434% gains, even outperforming BTC and establishing itself as a standout performer in the CEX token market.

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