Bitget registers in Seychelles and plans to grow its global workforce by 50%
Press release
Seychelles, Nov 22, 2022 – Leading global
cryptocurrency exchange Bitget announces that it has registered in Seychelles to aid global expansion. The exchange operates in a decentralised manner with no specific headquarters, with regional hubs in strategic markets, and plans to set up more regional hubs in the future. The exchange has also updated its recruitment plan with a new target of 1200 headcount by the first quarter of 2023, increasing its workforce by another 50% from its existing size, to better meet user demand and support business growth.
This new registration in Seychelles is under the 2016 International Business Companies Act. Together with the registration in Seychelles, Bitget has also established regional hubs in Asia and LATAM markets and plans to strengthen its global presence with more regional hubs such as ones in Europe and Africa regions. In the past few weeks, Bitget has taken a series of initiatives to build up trust and confidence with users and the crypto industry, including launching
the USD 5 million Builders' Fund and increasing the
Protection Fund size to USD 300 million. The exchange is also accelerating its hiring plans, not showing any signs of being affected by the recent turmoil.
Bitget, earlier in June this year, originally announced that the company would double its workforce to
1000 employees by the end of 2022. To better meet the growing user demand and business development, Bitget has further raised its target to grow its workforce to 1200 by the first quarter of 2023. So far the company has gone from a team of 450 in June 2022 to over 800 currently, a 78% growth within 4 months, and will continue to increase another 50% of its headcount till reaching the new target. The team is currently looking for talented engineers, and product, marketing and branding team members to provide the best
social trading experience for its users.
Gracy Chen, Managing Director of Bitget,says "We see Seychelles as a friendly region for the crypto community. We have been working for several months on this registration and are happy to announce the development now. The registration in Seychelles offers a constructive environment for Bitget, enabling us to unlock collaborations with partners and strengthen banking relationships, along with our expansion with different
partnerships, such as the Argentine football legend Lionel Messi and the Italian football club Juventus. With a global footprint, Bitget fully embraces the concept of Web3, allowing the team to work in a decentralized way without a specific headquarters. We believe doing this can help us attract talent across borders as we are hyper-focused on growth and scaling up. It is crucial for us to recruit high-calibre candidates globally and set up regional hubs to aid local communication and coordination in strategic markets simultaneously."
Gracy adds, "Our recruitment always aligns with our global expansion and long-term strategy, and we will continue to hire despite current market sentiment. Capable and suitable talent will help Bitget build a safe and reliable platform, which will gain stronger traction among users in the fiercely competitive industry and eventually lead to a more trustworthy and robust platform that better serves the community."
About Bitget
Bitget, established in 2018, is the world’s top five leading cryptocurrency exchange with innovative products and socia l trading services as its key features, currently serving over 8 million users in more than 100 countries around the world.
The exchange is committed to providing one-stop and secure trading solutions to users and aims to increase crypto adoption by collaborations with creditable partners, including Argentinian legendary footballer Lionel
Messi, Italian leading football team Juventus, PGL Major’s official esports crypto partner, and the leading esports organization Team Spirit.
For media queries, please contact:
2023-03-10
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