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The rise of
Bitcoin (BTC) to historic highs has led the cryptocurrency trade Bitget to
improve its variety of shoppers to over 25 million and obtain a major
leap in spot and futures volumes in February.
Bitget’s Consumer Base Surges
to 25 Million amid Crypto Market Growth
Simply three
months in the past, Bitget boasted its 2023 outcomes, by which it elevated its shopper
base from eight to 20 million and practically doubled its buying and selling volumes. Provided that
the start of 2024 has introduced a dynamic improve within the broad
cryptocurrency market, and these have continued to draw the curiosity of
retail buyers, Bitget added one other 5 million buyers within the first two
months. In consequence, the trade surpassed the milestone of 25 million
shoppers.
“This
milestone, coupled with our strategic expansions and improvements underscores
our dedication to offering essentially the most dynamic and safe buying and selling atmosphere for
our customers,” commented Gracy Chen, the Managing Director of Bitget.
Current strikes aimed toward international growth aided the acquisition of recent shoppers. To this finish, in February, the corporate employed Alvin Kan as the brand new Chief Working Officer. It additional introduced plans to leverage its partnership with Leo Messi, a worldwide soccer legend, extra successfully to draw merchants in
Latin America.
Atención #Argentina 🇦🇷 #MuyPronto
⚽️El #FootballChallenge que estabas esperando.
Mantenete atento!📍Buenos Aires #Argentina
¿Qué te gustaría que ocurra?#HacéQueCuente#MakeItCount@bitgetglobal #EventWithBitget#Staytuned pic.twitter.com/tMh4FwB8SX— Bitget Español (@BitgetES) February 19, 2024
Bitget’s Spot and Futures
Volumes Bounce in February 2024
The
cryptocurrency market skilled a notable uptick in momentum throughout February,
with the overall open curiosity in BTC and Ethereum (ETH) reaching new
highs. This bullish development was amplified by the thrill within the AI
sector, significantly pushed by the developments in OpenAI’s “Sora” challenge.
This
optimism is mirrored within the buying and selling volumes of Bitget, which skilled a rise of 21% within the spot market and an uplift of 22% within the futures market, regardless of a
discount in buying and selling days as a result of Lunar New Yr vacation. Moreover, the
platform’s native token, BGB, loved a surge of 64%, surpassing the $1 threshold
and attaining a document excessive of $1.15.
The
firm’s copy buying and selling function moreover continued to develop, with 5,200 skilled
merchants and over 21,260 new followers becoming a member of the platform in January. Bitget
maintains its place because the main international crypto copy-trading trade , with
merchants collectively sharing over 780,000 USDT and followers gaining practically
11.four million USDT in income.
“The longer term
appears extremely shiny, and we’re simply getting began,” Chen concluded.
The rise of
Bitcoin (BTC) to historic highs has led the cryptocurrency trade Bitget to
improve its variety of shoppers to over 25 million and obtain a major
leap in spot and futures volumes in February.
Bitget’s Consumer Base Surges
to 25 Million amid Crypto Market Growth
Simply three
months in the past, Bitget boasted its 2023 outcomes, by which it elevated its shopper
base from eight to 20 million and practically doubled its buying and selling volumes. Provided that
the start of 2024 has introduced a dynamic improve within the broad
cryptocurrency market, and these have continued to draw the curiosity of
retail buyers, Bitget added one other 5 million buyers within the first two
months. In consequence, the trade surpassed the milestone of 25 million
shoppers.
“This
milestone, coupled with our strategic expansions and improvements underscores
our dedication to offering essentially the most dynamic and safe buying and selling atmosphere for
our customers,” commented Gracy Chen, the Managing Director of Bitget.
Current strikes aimed toward international growth aided the acquisition of recent shoppers. To this finish, in February, the corporate employed Alvin Kan as the brand new Chief Working Officer. It additional introduced plans to leverage its partnership with Leo Messi, a worldwide soccer legend, extra successfully to draw merchants in
Latin America.
Atención #Argentina 🇦🇷 #MuyPronto
⚽️El #FootballChallenge que estabas esperando.
Mantenete atento!📍Buenos Aires #Argentina
¿Qué te gustaría que ocurra?#HacéQueCuente#MakeItCount@bitgetglobal #EventWithBitget#Staytuned pic.twitter.com/tMh4FwB8SX— Bitget Español (@BitgetES) February 19, 2024
Bitget’s Spot and Futures
Volumes Bounce in February 2024
The
cryptocurrency market skilled a notable uptick in momentum throughout February,
with the overall open curiosity in BTC and Ethereum (ETH) reaching new
highs. This bullish development was amplified by the thrill within the AI
sector, significantly pushed by the developments in OpenAI’s “Sora” challenge.
This
optimism is mirrored within the buying and selling volumes of Bitget, which skilled a rise of 21% within the spot market and an uplift of 22% within the futures market, regardless of a
discount in buying and selling days as a result of Lunar New Yr vacation. Moreover, the
platform’s native token, BGB, loved a surge of 64%, surpassing the $1 threshold
and attaining a document excessive of $1.15.
The
firm’s copy buying and selling function moreover continued to develop, with 5,200 skilled
merchants and over 21,260 new followers becoming a member of the platform in January. Bitget
maintains its place because the main international crypto copy-trading trade , with
merchants collectively sharing over 780,000 USDT and followers gaining practically
11.four million USDT in income.
“The longer term
appears extremely shiny, and we’re simply getting began,” Chen concluded.
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