Bitget Ranks Among Top 3 Crypto Exchanges For Futures Trading In November Report

tamiah312 December 23, 2024

3 3 minutes read

Bitget Ranks Among Top 3 Crypto Exchanges For Futures Trading In November Report

Article content

VICTORIA, Seychelles, Dec. 23, 2024 (GLOBE NEWSWIRE) — Bitgetthe leading cryptocurrency and the company Web3, shared its monthly transparency report that highlights the strong performance of the ecosystem in November 2024. The cryptomarket saw a huge increase, when Bitcoin exceeded $ 106,000. At Bitget, this ATH trend was repeated, with Bitget Token (BGB) rising from around $1.44 to $1.70, marking an increase of around 18%. This upward trend is driven by Bitget’s global expansion and significant growth in trading volume, user interaction, and platform security, especially achieving the third position in the world in global futures trading.

Article content

Bitget has maintained more than 45 million users with a daily trading volume of $10 billion, while USDT-M futures trading volume has reached $16 billion, and the daily local trading volume has doubled, reaching -$400 million. The Protection Fund, growing dramatically from $400 million+ to over $600 million, supports strong security and user trust on the platform.

In November, Bitget’s top performing tokens saw impressive growth, led by UNICE at 2666.71%. In addition, 13 tokens were listed on Poolx, and 5 tokens among those re-appeared in the pre-market listing, indicating strong interest and dual exposure to these assets.

Bitget hosted a “Pitch n’ Slay” event in Bangkok. Under the Bitget Blockchain4Her program, the competition provided exposure, funding and guidance to female entrepreneurs in the blockchain space and offered the opportunity to secure up to $100,000 in funding from Foresight Ventures. Pitch n’ Slay demonstrated the power of collaboration in creating ways to engage women in blockchain, which aligns with Bitget’s commitment to fostering a diverse and successful blockchain ecosystem.

Article content

Bitget has launched VND Bank Transfer in Vietnam. It allows users to deposit VND via VietQR and withdraw funds via bank transfer to buy popular cryptos such as BTC, ETH, USDT, SOL, and BGB with Bitget’s currency conversion feature.

Bitget Wallet has launched a comprehensive memecoin trading toolkit, allowing users to find high-potential tokens, analyze valuable data, and trade seamlessly across multiple chains. Additionally, it launched the Refer2Earn Program, which encourages user growth through revenue, and the $20M Telegram Small App Support Program to empower developers and drive innovation in the Telegram ecosystem.

Bitget’s strong performance shows that it shines again as the world’s top players in the crypto industry. The company will continue to focus on innovation, user interaction, and market expansion in the rapidly emerging crypto sector, continuously integrating CeFi and DeFi, and expanding access to decentralized currencies.

For more information, please visit the monthly report here.

About Bitget

Founded in 2018, Bitget is the best in the world cryptocurrency exchange and the Web3 company. Serving over 45 million users in 150+ countries and regions, Bitget exchange is committed to helping users trade smarter with their first copy trading feature and other trading solutions, while providing real-time access The price of Bitcoin, Ethereum priceand other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a state-of-the-art crypto wallet that provides multiple Web3 solutions and features including wallet functionality, token exchange, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, It was fallingin EasterN, SEA and LATAM market, and global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medal) and Ilkin Aydın (National Volleyball Team), to encourage the global community to embrace the future of cryptocurrency.

Article content

Risk warning: The prices of digital assets are subject to volatility and may be highly volatile. Investors are advised to only allocate money that they cannot afford to lose. The value of any investment may be affected, and there is a possibility that financial objectives may not be achieved, or that the principal investment may not be recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget does not accept responsibility for any potential losses. Nothing contained herein should be construed as financial advice. For more information, please see our terms of use.

Image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/44eb3496-f2b3-4044-a147-b66820609d72