Bitget Blog
Bitget Q1 2025 Transparency Report
TLDR;
Bitget recorded $2.08 trillion total trading volume in Q1 2025; Spot trading volume surged 159% QoQ to $387 billion.
Bitget and Bitget Wallet added 19.89 million new users in Q1 2025, increasing its total user base by 20% to over 120 million users in its ecosystem.
Bitget’s Protection Fund grew steadily from $495 million in January to $514 million by March 2025.
Bitget transferred ~$100 million in ETH to Bybit 
2025-04-11
2025-04-11
Top picks
- Bitget Research Report: Blockchain vs. AI - Untapped Potential in Talent Attraction and GrowthExecutive Summary
While artificial intelligence (AI) has rapidly scaled to become a dominant force in technology employment, the blockchain sector has yet to unlock its full potential. Despite significant growth trends, blockchain employment remains at a fraction of AI’s workforce expansion. However, if blockchain reaches mainstream adoption at a pace similar to AI, it could generate an exponential increase in job creation, possibly surpassing current projections of 500,000 new roles by 2028. T2025-04-24
- Bitget Releases April 2025 Proof of Reserves Report: User Assets Secured at 191% Reserve Ratio
Victoria, Seychelles, April 25th, 2025
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Bitget, the leading cryptocurrency exchange and Web3 company, has published its monthly Proof of Reserves (PoR) report for April 2025, which shows its continued commitment to transparency and user asset security. The latest verification confirms that Bitget maintains highly secure collateralized reserves, with an industry-leading 191% overall reserve ratio, ensuring full backing of all user funds.
Bitget continues2025-04-25
- Bitget Lists Dolomite (DOLO), a Modular DeFi Protocol on Arbitrum
Victoria, Seychelles, 22 April 2025 –
Bitget, the leading global cryptocurrency exchange and Web3 company, has announced the listing of Dolomite (DOLO), a next-generation DeFi protocol built on Arbitrum. Trading will commence under the DOLO/USDT pair on April 24, 2025. The token will be listed in Bitget’s Innovation and DeFi Zone, reflecting its status as a project at the forefront of decentralized finance.
Dolomite offers a modular money market protocol that merges advanced 2025-04-23
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Press releaseBitget Adds BounceBit (BB) BTC Restaking Platform for Pre-Market Trading Victoria, Seychelles, April 25th, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of BounceBit based BB tokens on its Pre-market platform. This new feature aims to meet the demand for pre-listing trading of the latest tokens. With enhanced liquidity, it provides better trading experience for DeFi users. The new addition to this collection is BB tokens from the BounceBit BTC restaking ecosystem. The pre-market platform trading fo2024-04-26
Press releaseBitget makes waves in the week of Token2049 Dubai Victoria, Seychelles April 22, 2024 - Bitget, the world’s leading cryptocurrency exchange and web3 company is making its presence felt in the week of Token2049, Dubai. Bitget COO Vugar Usi Zade led the panel discussion around real-world asset tokenization. The company also hosted various side events, including a Kpop Party, Bitcoin Track Day and Beach Party, during the week. Vugar participated in the session surrounding the theme of ‘Practical DeFi, Tokenization of Real World Assets for Real2024-04-22
Press releaseBitget Report: Middle East Crypto Market Surges, Daily Traders Up 166% in Year Victoria, Seychelles, April 17, 2024 — Bitget Research, the research arm of the world's leading cryptocurrency exchange and Web3 company Bitget, has released an in-depth report on cryptocurrency adoption in the Middle East region. The document delves into key aspects influencing the rate of adoption, as well as their impact on user behavior. Key takeaways: — In 2024, there was an average of 500,000 daily crypt2024-04-22
Press releaseBitget’s COO Leads Discussion on Cryptocurrency’s Future at Blockchain Life Week 2024 Victoria, Seychelles 18 Apr 2024 – During the recent Blockchain Life Week 2024 , Bitget's Chief Operating Officer, Vugar Usi Zade, shared the stage with other distinguished leaders from top crypto exchanges in a panel titled "Conductors in the World of Cryptocurrencies: What Top Exchanges Think About 2024". The discussion provided an in-depth look at the anticipated developments and strategic directions for the crypto industry in the upcoming year. Vugar Usi Zade highlighted the2024-04-18
Press releaseBitget Unveils Season 2 of TraderPro Program: BTC-Centric with 10,000 USDT Rewards Victoria, Seychelles, April 18, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, will launch Season 2 of the TraderPro Program, a demo trading competition that empowers crypto traders to seize rewards of up to 10,000 USDT. With the recent advancements and achievements in BTC and ETH, TraderPro is crafted to incentivize more newcomers and enthusiasts to participate in and explore the crypto world. The program aims to pinpoint exceptional and potentia2024-04-18
Press releaseBitget Partners with Cornix: Automated Crypto Trading for Everyone Dear users, We're excited to announce our partnership with Cornix.io, a leading platform in automated crypto trading. Through this collaboration, we aim to provide our users with innovative tools and strategies to optimize their trading experience and achieve greater success in the cryptocurrency markets. Cornix.io Cornix stands out for its advanced automated trading bots and a wide range of trading strategies developed by expert traders. With Cornix, you can effortlessly copy tradi2024-04-17
Press releaseBitget Launches Pre-market with Merlin Chain (MERL) as the First Supported Asset Victoria, Seychelles 12 April 2024 - Bitget, a world-leading cryptocurrency exchange and Web3 platform, is excited to announce the launch of its latest feature, Pre-market. This new feature aims to meet the demand for pre-listing trading of the latest tokens and enhance the liquidity and trading experience for users. The first supported token on the Pre-market will be Merlin Chain (MERL), and trading will commence at 04:00 (UTC) on2024-04-12
Press releaseBitget Q1 2024 Report: Volume Surges Over 100% and BGB Token Breaks All-Time High Victoria, Seychelles, 11th April 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has unveiled its Q1 2024 Transparency Report, showcasing the ecosystem's accomplishments and growth over the past three months. Notably, Bitget experienced a 100% surge in transaction volumes for both spot and futures trading compared to preceding quarters, propelling its platform token BGB to soar over 80% in Q1. Performance Highlights: ● Bitget now s2024-04-11
Press releaseBitget Introduces Stake-to-Mine Platform PoolX with ChatAI as the first Project Victoria, Seychelles, April 4 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, is excited to unveil PoolX, a pioneering stake-to-mine platform, allowing users to stake specific coins to earn popular tokens in a seamless and rewarding manner. Kicking off with the ChatAI project, PoolX features an AI-driven social and gaming platform on the Solana blockchain. Each PoolX project will feature one or more mining pools, with token rewards distributed hourly based on2024-04-04
Press releaseBitget Partners with Matrixport's Cactus Custody to Enhance Institutional Crypto Asset Security Victoria, Seychelles, 4 Apr 2024 — Bitget, the world's leading crypto exchange and web3 company, has announced a partnership with Cactus Custody, a subsidiary of Matrixport, to offer Oasis fund custody services and off-exchange settlement services. In a strategic move to better address institutional clients' needs for secure management of digital assets, the collaboration not only minimizes counterparty risks associated with exchange trading but also provides an effective tool for ca2024-04-04
Press releaseBitget Partners with Onramp Money For Seamless Fiat-to-Crypto Transactions Across 5 Local Currencies Victoria, Seychelles, 3rd April 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced its strategic partnership with Onramp Money, the leading crypto payment solution provider. With the integration, Bitget users can now buy and sell crypto using various local currencies. This collaboration brings significant improvements for users interacting with digital assets, enabling seamless conversion between fiat and crypto instantaneously. Users can buy cryptof with2024-04-03
Press releaseBitget lists Ethena (ENA) Ethereum-based Synthetic Dollar Protocol on Launchpool Victoria, Seychelles, April 1st, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of Ethena (ENA) token, the governance token for Ethena, which is the protocol for the synthetic crypto-native dollar. The token is available on Launchpool, where users can stake BGB and USDT to farm ENA. As a synthetic dollar protocol built on Ethereum, Ethena provides a crypto-native solution for money without relying on traditional banking system infrastruc2024-04-01
Press releaseBitget Research Report Unveils 1.5 Million Daily Active Crypto Traders in Western European Victoria, Seychelles, March 28, 2024 — Bitget Research, the research arm of the world's leading cryptocurrency exchange and Web3 company, has released a report analyzing the structure and the current landscape of the cryptocurrency markets of Western Europe. The region showcases characteristics such as large cryptocurrency trading volumes, high DeFi activity levels, a responsible and regulated approach, and relatively lower usage of P2P trading. Key takeaways: The number of loca2024-03-28
Press releaseBitget Unveils Major Campaign to Celebrate One-Year Anniversary of Card On-Ramp Service Victoria, Seychelles, March 19, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, is thrilled to announce a vibrant promotion campaign marking the one-year anniversary of its acclaimed card on-ramp service. The celebration, scheduled to run from March 18 to April 7, promises an exhilarating range of rewards for users looking to engage in the dynamic world of cryptocurrency trading. Enabled by its cutting-edge Credi2024-03-19
Press releaseBitget Launchpool Features PolyHedera Network (ZK) with 200,000 ZK Tokens to Distribute Victoria, Seychelles, March 19, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, will feature PolyHedera Network's ZK token as its 64th Launchpool project. The listing of ZK on Bitget Launchpool enables users to buy in early on the high-potential project at the initial launch. The new token listing is clubbed with giveaways where users can grab a share of 200,000 ZKs under the Launchpool promotion. BGB holders can participate in the ZK tokens promotion directly by st2024-03-19
Press releaseBitget Implements Zero Fee for BTC & ETH Spot Trading to Celebrate Crypto Milestones Victoria, Seychelles, March 18 , 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, is thrilled to announce the launch of a zero-fee trading campaign for BTC/USDT and ETH/USDT spot trading pairs, effective from March 20, 2024, 0:00 (UTC+8). In celebration of the recent all-time highs achieved by Bitcoin and Ethereum, as well as the Bitcoin Halving and Ethereum Dencun Upgrade, Bitget aims to make cryptocurrency trading more accessible and affordable for everyone.2024-03-18
Press releaseBitget’s MD Gracy Chen Invited to Spotlight Gender Equality Initiatives at UN Women’s Commission Victoria, Seychelles, March 15, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, is announcing its participation in the UN Women’s 68th annual Commission on the Status of Women (CSW68). The event is the most significant annual gathering on gender equality and women’s empowerment, which is set to take place from March 11 to 22 in New York. Bitget’s Managing Director, Gracy Chen, has been invited to join the event as a delegate to underscore the company’s comm2024-03-15
Press releaseBitget Wallet now supports the Blast Mainnet, pioneering full ecosystem support as a Web3 wallet The globally leading Web3 trading wallet Bitget Wallet has now integrated support for the Blast Mainnet, making it the first all-in-one Web3 wallet for the Blast ecosystem. Users can effortlessly add and switch mainnets within the wallet with just one click, without the need for manual configuration. This integration enables users to manage, transfer, swap, and interact on one of the largest L2 launches in 2024. Bitget Wallet has aggregated liquidity fro2024-03-01
Press releaseBitget Announces Listing of Portal: Revolutionizing the Web3 Gaming Landscape Victoria, Seychelles, February 29, 2024 - Bitget, the leading cryptocurrency exchange and Web3 platform, is thrilled to announce the listing of Portal, a groundbreaking platform set to transform the Web3 gaming experience, in its Innovation and GameFi Zone. Portal is designed to simplify the discovery and engagement with Web3 games, providing a seamless, frictionless journey for mainstream gamers into the vast network of blockchain-based gaming. Portal's innovative platform enables gamers to2024-02-29
Press releaseBitget Lists IQ (IQ) in Innovation and Web3 Zone Victoria, Seychelles, February 26, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, announces the addition of IQ (IQ) to the Innovation and Web3 Zone. This strategic listing underscores Bitget's commitment to supporting innovative blockchain projects that aim to harness the power of artificial intelligence (AI) and blockchain technology to create a more intelligent and interconnected world. The IQ token is at the forefront of combining AI with blockchain to build a2024-02-26
Press releaseJupiter Now Supports Bitget Wallet Connectivity Jupiter, the leading decentralized exchange (DEX) aggregator, has expanded its support for Bitget Wallet by enabling access to its platform. With this integration, Bitget Wallet users can now effortlessly connect to the Jupiter platform using both the browser extension and mobile app. Furthermore, Bitget Wallet also enhances its swap services for assets based on the Solana network through its integration with Jupiter. Utilizing Jupiter's extensive liquidity pool, this2024-02-22
Press releaseBitget Wallet Welcomes Alvin Kan, Former Senior Executive at BNB Chain, as New COO Bitget Wallet, a global leading Web3 trading wallet, has officially announced the appointment of Alvin Kan as its Chief Operating Officer (COO) to lead the company's global growth strategy and coordinate brand development, operations, and growth initiatives. Alvin Kan brings a wealth of expertise with over 15 years of professional experience, having held prominent roles at BNB Chain and Sei Labs. Notably, he spearheaded ecosystem growth at BNB Chain and served as the Head of Asia fo2024-02-05
Press releaseBitget Lists Altlayer ($ALT) In the Innovation and L2 Zone Victoria, Seychelles January 26, 2024 - Bitget, the world's leading cryptocurrency exchange and Web3 company, announces the listing of AltLayer ($ALT) in the Innovation and L2 Zone. This strategic move marks Bitget's commitment to supporting the development of various blockchains and ecosystems while offering its users access to cutting-edge projects. AltLayer is a decentralized protocol that plays a pivotal role in facilitating the launch of native and restaked rollups, incorporating both o2024-01-26
Press releaseBitget Introduces Smart Copy Mode: Revolutionizing Copy Trading with Major Upgrades Victoria, Seychelles, January 24, 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced major upgrades to its copy trading feature, introducing a smart copy mode and independent futures copy trading accounts. This smart copy mode will gradually become available to users, enabling them to invest more intelligently by not only following the investment strategies of Elite Traders, but also by monitoring the allocation and portfolio strategies o2024-01-24
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