“Bitget Report: Spot Trading Soars 94%, BGB Volume Surges 110% in 2023”


On January 9th, 2024, Bitget, the world’s leading cryptocurrency exchange and Web3 company, released its Bitget Transparency Report 2023. Despite a turbulent market, Bitget showed impressive growth and resilience, with a 94% increase in spot trading volume and a 110% rise in BGB trading volume in 2023.

Here are some highlights of Bitget’s business performance in 2023:

– The overall yearly trading volume reached $3.14 trillion, a 94% increase from the previous year.
– BGB, Bitget’s native token, saw a 291% increase in price and a 1100% increase in trading volume, reaching an all-time high price of 0.70499 USD.
– Bitget made strategic investments, including a $30-million investment in BitKeep and the creation of the EmpowerX Fund, which has a total of $100 million to expand the ecosystem.
– The company also launched Blockchain4Youth, a global project with a funding of $10 million.
– Bitget registered as a Virtual Asset Service Provider (VASP) in Poland and Lithuania.

According to the report, Bitget had a total trading volume of US$3.14 billion, with a flourishing user base of 20 million and a team of 1,500 staff members. The platform also had a record-breaking 13.6 million monthly visits in May 2023.

Bitget’s proactive listing strategy resulted in the addition of 355 new listings, showcasing their commitment to offering a diverse range of assets. This, combined with their continuous efforts to enhance trading services and compliance measures, has contributed to the increase in BGB demand and holders.

Gracy Chen, Managing Director of Bitget, stated, “In 2023, amidst a volatile market, Bitget achieved significant milestones. We are proud to present our Bitget Transparency Report, highlighting our growth and achievements to the world. We have expanded our operations and strengthened our compliance measures, solidifying our position in the cryptocurrency industry. These accomplishments demonstrate our commitment to providing top-notch services and our dedication to the crypto community. We look forward to driving innovation in the cryptocurrency space.”

Established in 2018, Bitget offers a range of trading solutions to over 20 million users in 100+ countries. They also have a comprehensive multi-chain crypto wallet, Bitget Wallet, with advanced features such as wallet functionality, swap, NFT marketplace, and DApp browser. Additionally, Bitget has partnerships with credible organizations like PGL, the official eSports organizer, and the legendary Argentinian footballer Lionel Messi.

For more information, please visit their website. For media inquiries, please contact Rachel Cheung at [email protected].

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