Bitget Leads Market Surge with 28% Growth in Derivative Trading Volume in Jan 2024
Press release
Victoria, Seychelles,
15
February 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, published its
Monthly Report of Jan 2024 today, stating the emergence of derivative trading volume growth in January, surpassing the market by an impressive 28%. Amidst a market growth of 1.3%, Bitget's derivative trading volume soared, reinforcing its position as the top performer in the industry in the latest data published by WuBlockchain. Additionally, the platform experienced a remarkable 9.4% growth in
spot trading volume, outpacing the market's 2.6% increase.
The report also highlights additional industry-leading achievements, with
copy traders on Bitget generating over $15 million in profits from more than 2.2 million profitable trades in the same month, further reinforcing Bitget's status as the leading
copy trading cryptocurrency exchange. In January, the platform attracted 4,400 elite traders and gained over 26,990 new followers eager to explore the
cryptocurrency trading space.
Bitget deep-dived into the funding trends within the blockchain startup ecosystem, uncovering a significant gender-based funding gap. Spanning from Q1 2022 to Q3 2023, the study found that startups led by women secured only 6.34% of the total funding. Although the number of female-led startups has declined since the beginning of 2022, there was a slight uptick in their representation, increasing from 8.3% in 2022 to 8.6% by Q3 2023.
In response to this disparity, Bitget launched the
Blockchain4Her initiative, committing $10 million to foster gender diversity and inclusivity within the blockchain industry. The initiative was kickstarted at the Web3 Hub Davos event during the World Economic Forum 2024, aiming to empower female entrepren eurs through various programs, competitions, and awards.
Adding to its portfolio of initiatives, Bitget celebrated the second year of its partnership with football legend Lionel
Messi with the release of the
#MakeItCount 2024 brand film. The campaign, echoing Messi's journey from adversity to greatness, aims to inspire the crypto and football communities alike. It encourages individuals to transcend boundaries and embrace opportunities, turning obstacles into pathways to success.
In addition to this, Bitget provided
insights into the shifting job landscape revealing a significant migration of banking sector employees to the crypto industry, with one-third of crypto job applicants coming from traditional banking. This shift indicated crypto sector hirings which are driven by higher salaries and technological innovation. Aligned with providing access to high-potential tokens, Bitget also introduced 52 new digital assets to its platform.
About Bitget
Established in 2018,
Bitget is the world's leading
cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the
Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep,
Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit:
Website |
Twitter |
Telegram |
LinkedIn |
Discord |
Bitget Wallet For media inquiries, please contact:
[email protected]
2024-02-14
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up nowRecommended
- Press releaseBitget Lists DuckChain(DUCK) Adding it to Spot Trading Victoria, Seychelles, 15th January 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has listed DuckChain (DUCK), the first consumer layer on Telegram. Trading for the DUCK/USDT pair will commence on 16 January, 2025, at 10:00 (UTC), with deposits and withdrawals available. DuckChain aims to bring billions of Telegram users from off-chain to on-chain, bridging the gap between decentralized technology and everyday users. It creates solutions that make crypto more accessible to2025-01-15
- Press releaseBitget Lists Treat (TREAT) with Exclusive Launchpool Rewards and Spot Trading Victoria, Seychelles, 10th January 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Treat (TREAT) on its platform, with trading available on the spot market and the launch of an exclusive Launchpool rewards campaign with a total allocation of 87,450,000 TREAT. Spot trading for TREAT will commence on 14 January 2025 at 11:00 (UTC) under the TREAT/USDT pair. In addition, the Launchpool campaign running from 14 January 202025-01-13
- Press releaseBitget’s Protection Fund Reaches $617M in December 2024 Amid Strong Market Activity Victoria, Seychelles – January 14 , 2025 — Bitget, the leading cryptocurrency exchange and Web3 company, has reported a December 2024 valuation of its Protection Fund at $617 million, showing the platform’s commitment to user security and trust. The fund continues to act as a critical safeguard for Bitget’s global user base, reflecting the exchange’s robust risk management strategies during periods of heightened market activity. In December 2024, the Protection Fund2025-01-14
We offer all of your favorite coins!
Buy, hold, and sell popular cryptocurrencies such as BTC, ETH, SOL, DOGE, SHIB, PEPE, the list goes on. Register and trade to receive a 6200 USDT new user gift package!
Trade nowBecome a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now