Bitget Surpasses 45 Million Users, Achieves 1,614% Growth in Africa in 2024

At its sixth anniversary celebration in Singapore, Bitget CEO Gracy Chen proudly announced a significant milestone for the company: Bitget’s global user count has surpassed 45 million.

This represents an extraordinary 400% growth in registered users since 2023. Bitget’s rapid expansion in 2024 is particularly notable in Africa, where the platform achieved a staggering 1,614% growth.

Other regions also saw impressive increases, with South Asia experiencing a 729% rise and Southeast Asia achieving 216% growth.

The rapid growth underscores Bitget’s success in capturing new markets and solidifying its position as a global player in cryptocurrency trading.

Currently, Bitget handles a daily trading volume exceeding $10 billion and receives more than 30 million monthly visits.

This reflects the platform’s growing popularity and increased user activity across multiple regions.

Financial Achievements and Innovative Products Driving Success

Bitget’s growth is not just limited to user numbers. In the first half of 2024, the platform saw a net asset inflow of $779 million, a testament to the confidence investors have in the exchange.

Further cementing its industry reputation, Bitget’s native token, BGB, was recognized by Forbes as one of the top ten best-performing cryptocurrencies for the first half of the year.

To meet its users’ diverse needs, Bitget launched two innovative products: PoolX and pre-market trading. Both products have garnered considerable traction:

  • PoolX introduced 60+ popular projects within three months, helping over 350,000 users boost their earnings.
  • Pre-market trading attracted 35,000 traders, enhancing platform engagement and offering more opportunities for its users to capitalize on market movements.

These innovations highlight Bitget’s commitment to staying ahead of industry trends and providing cutting-edge solutions to its global user base.

Corporate Social Responsibility and Educational Initiatives

Beyond financial growth, Bitget has made strides in fulfilling its corporate social responsibility (CSR). The company is actively engaged in promoting blockchain education and fostering diversity within the tech and crypto sectors.

Two flagship initiatives, Blockchain4Youth and Blockchain4Her, illustrate Bitget’s dedication to community development and gender inclusivity.

  • Blockchain4Youth has provided blockchain education to more than 13,000 students from 60+ universities worldwide, fostering the next generation of blockchain professionals.
  • Blockchain4Her, a partnership with organizations such as SheFi and Women in Web3, supports female entrepreneurs in the crypto space, promoting diversity and inclusion in a traditionally male-dominated industry.

Bitget’s global initiatives ensure the company contributes not just to the financial sector but also to the broader development of blockchain technology and the empowerment of underrepresented groups. These programs, designed to build a more inclusive crypto ecosystem, reinforce Bitget’s commitment to social impact alongside its business goals.

Conclusion

Bitget’s phenomenal rise to 45 million global users reflects its exceptional growth trajectory, with regions like Africa and South Asia driving its expansion in 2024.

The platform’s innovative offerings, such as PoolX and pre-market trading, are key to maintaining its competitive edge, while its focus on corporate social responsibility and educational outreach continues to solidify its standing in the global cryptocurrency space.

With robust financial performance and a clear commitment to supporting the broader blockchain ecosystem, Bitget is well-positioned for future success.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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