Bitget Blog
Bitget Transparency Report January 2025
Introduction
January 2025 marked a dynamic start to the year for the cryptocurrency market. Bitcoin experienced significant volatility as it tested crucial resistance levels following ongoing discussions about regulatory developments and macroeconomic factors. Market sentiment remained mixed, driven by speculation regarding potential institutional inflows and broader geopolitical events affecting digital assets.
At Bitget, this market momentum resulted in continued growth in t
2025-02-18
2025-02-18
Top picks
- Effortless VND Transfers on Bitget: A Complete GuideBitget, one of the world's leading cryptocurrency exchanges, now supports VND (Vietnamese dong) transfers for identity-verified users. This feature makes it easier for Vietnamese traders to deposit, withdraw, and convert VND into crypto. This article will walk you through everything you need to know about VND transfers.
What are VND transfers on Bitget?
Bitget's VND transfers enable users to deposit and withdraw Vietnamese dong directly via e-wallets or mobile banking apps using VietQR. This 2025-02-19
- Bitget Launches A New Round of Global Builders Recruitment to Co-build the Bitget Ecosystem
Victoria, Seychelles, 18th February 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, announced the expansion of its global recruitment initiative Bitget Builders Program which invites crypto enthusiasts from various backgrounds to co-build the Bitget ecosystem while unlocking exclusive benefits, event access, and growth opportunities.
Starting February 2025, the Bitget Builders Program will launch a long-term global recruitment of builders who are exploring deeply in bloc2025-02-18
- Bitget Releases January 2025 Transparency Report, Showcasing Market Growth and Innovation
Victoria, Seychelles, February 18, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has released its January 2025 Transparency Report, highlighting a dynamic start to the year marked by significant growth in trading volumes, platform engagement, and ecosystem innovation.
Bitget expanded the BGB ecosystem through strategic initiatives, including launching a BGB liquidity pool on Uniswap and a $1.1 million liquidity pool on Bulbaswap following its integration with Morph Chai2025-02-18
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Press releaseBitKeep Upgrades to Bitget Wallet: Faster Trading, Better Assets VICTORIA, Seychelles, August 10, 2023 — BitKeep, a leading multi-chain non-custodial wallet, is excited to announce its transformative brand upgrade to Bitget Wallet, marking a groundbreaking milestone in the world of Web3 trading. Following a successful $30 million capital raise from Bitget, a prominent crypto derivatives exchange, the stage is set for a dynamic integration that harmonizes Bitget Wallet's robust services with Bitget's cutting-edge trading expertise and technology. Schedule2023-08-10
Press releaseBitget EmpowerX Summit Unveils Speakers Lineup and Dynamic Web3 Pitching CompetitionConverging insightful conversations to empower innovation and spark inspiration VICTORIA, Seychelles, Aug 9, 2023 — Bitget, top crypto derivatives and copy trading platform, is thrilled to unveil the highly anticipated Bitget EmpowerX Summit, slated for September 12, 2023. Hosted in Singapore, this landmark event promises to be an extraordinary gathering of minds, dedicated to exploring the vast potential of Crypto and Web3 and their transformative impact on the economy. A Web3 pitching compet2023-08-09
Press releaseBitget Upholds Comprehensive Transparency With 201% Reserve Ratio in Monthly POR Report VICTORIA, Seychelles, Aug 9, 2023 — Bitget, top crypto derivatives and copy trading platform, has unveiled its latest monthly Proof of Reserves (PoR) report, continuing its commitment to comprehensive transparency with its total reserve ratio of 201%. This POR report upholds Bitget's pledge to users that their funds are fully backed 1:1 and available on demand. Since December 2022, Bitget has diligently released verifiable PoR data on a monthly basis, exemplifying its dedication to instilli2023-08-09
Press releaseBitget Announces #SetForChange Campaign With Comedian Adam Devine to Boost Awareness of Web3 and Crypto VICTORIA, Seychelles, August 4, 2023 — Bitget, top crypto derivatives and copy trading platform, announced an one-year parthership with renowned actor and comedian, Adam Devine, for its latest #SetForChange campaign following the company’s recent rebranding initiative. This collaboration signifies Bitget's commitment to promoting crypto education and fostering wider adoption through an engaging and lighthearted approach. The #SetForChange campaign highlights the new way of life embracing the2023-08-04
Press releaseBitget Report: 44% of Copy Traders are Gen Z, Showing Highest Interest VICTORIA, Seychelles, August 3, 2023 — Bitget, top crypto derivatives and copy trading platform, has released the results of research entailing the copy and social trading phenomenon on its platform. The data reveals that Generation Z users account for 44% of all copy trading users, exhibiting the highest interest in this strategy while the older crypto traders also leverage copy trading to gain professional insights. The data also shows that African users have the most interest in copy trading,2023-08-03
Press releaseBitget's Blockchain4Youth Initiative Launches Builders Program to Recruit and Train 100+ Youngsters VICTORIA, Seychelles, August 2, 2023 — Bitget, top crypto derivatives and copy trading platform, announces the launch of the Bitget Builders Program as its latest initiative of the Blockchain4Youth charity project. The program aims to recruit over 100 young talents and provide them with comprehensive education and training in crypto, blockchain, and Web3, along with invaluable industry experiences. With this visionary undertaking, Bitget seeks to inspire and empower the next generation of cryp2023-08-02
Press releaseBitget Enhances EVM Address Functionality With Batch Withdrawal CapabilitiesVICTORIA, Seychelles, July 28, 2023 — Bitget, top crypto derivatives and copy trading platform, has launched a new batch withdrawal facility for EVM-compatible addresses. The upgrade aims to significantly simplify the use of existing features and elevate the trading experience for Bitget users. As the pioneer in supporting EVM-compatible addresses, Bitget continues to lead the way in providing cutting-edge solutions that empower crypto traders. The introduction of the EVM-compatible address h2023-07-28
Press releaseBitget's Native Token BGB to Be Listed on MEXC, Ushering in Heights of Price and LiquidityVICTORIA, Seychelles, July 28, 2023 — Bitget, top crypto derivatives and copy trading platform, is delighted to announce the listing of its native token BGB on the renowned cryptocurrency exchange MEXC. This strategic move is expected to further boost liquidity, accessibility, and the overall value and utility of the BGB token. Traders can now engage in seamless BGB/USDT trading on MEXC, accessing a broader range of opportunities and privileges. With a circulating supply of 1,400,000,000 BGB a2023-07-28
Press releaseBitget Simplifies Crypto Trading With AI-Facilitated CTA StrategyVICTORIA, Seychelles, July 27, 2023 - Bitget, top crypto derivatives and copy trading platform, unveils its latest offering - the CTA (Commodity Trading Advisor) strategy, equipped with an advanced AI bot. This groundbreaking development empowers users to execute sophisticated trading strategies effortlessly, maximizing their potential for success in the dynamic cryptocurrency market. CTA, short for Commodity Trading Advisor, is a proven strategy predominantly applied to commodity futures and2023-07-27
Press releaseBitget Introduces New Fiat Gateway with Advcash for Enhanced Trading ExperienceVictoria, Seychelles (July 19, 2023) - Bitget, top crypto derivatives and copy trading platform, is thrilled to announce its collaboration with Advcash, a prominent payment platform, to introduce a new fiat gateway service. This strategic partnership empowers Bitget users to conveniently deposit Russian Rubles (RUB) and Ukrainian Hryvnias (UAH) via Advcash, facilitating frictionless cryptocurrency trading. Recognizing the growing demand for fiat onramps and offramps within the cryptocurrency2023-07-19
Press releaseBitget Unveils Rebranding Initiative to Reinforce Leadership in Smart Crypto TradingVICTORIA, Seychelles, July 25, 2023 — Bitget, top crypto derivatives and copy trading platform, announced its latest rebranding initiative, focused on strengthening its position as a leader in innovative trading products. The rebranding campaign centers around the "Trade smarter" philosophy, emphasizing Bitget's dedication to empowering individuals with intuitive tools for a secure, user-friendly, and efficient financial future. The vision is exemplified through Bitget’s leading copy trading fea2023-07-19
Press releaseBitget Sees Second-Highest Increase in Market Shares and 80% Jump in BGB Volume in Q2 Bitget ranks Top 4 in CEXs for the quarterly accumulated trading volume. Among the Top 5 CEXs, Bitget had the second-highest increase in market shares, growing by 1.81% to reach 8.7%. BGB token became the best-performing CEX token in 2023 with an 80% surge in trading volume, outperforming BTC year-to-date; Bitget was the only CEX to increase its futures trading volume in 2023 following the FTX collapse. With 81 new tokens listed, Bitget became the Top 5 exchange in terms of2023-07-18
Press releaseBitget's Latest Proof of Reserves Sets New Industry Benchmark with 223% RatioVICTORIA, Seychelles, July 13, 2023 — Bitget, top crypto derivatives and copy trading platform, has unveiled its monthly Proof of Reserves (PoR), demonstrating an unparalleled total reserve ratio of 223%, which twice exceeds the industry standard of 100%. This latest proof of reserves continues Bitget's commitment to radical transparency, as the exchange has been publishing verifiable data since December 2022, aiming to build trust and set a new industry benchmark. Bitget’s latest reserve ra2023-07-13
Press releaseBitget Brings AI Power to Grid Trading StrategiesVICTORIA, Seychelles, July 11, 2023 - Bitget, top crypto derivatives and copy trading platform, has launched an AI-powered feature for its Grid Trading strategies. The new feature aims to make this sophisticated investment method more accessible for new crypto traders without profound expertise in trading. Grid trading is a quantitative strategy that utilizes trading algorithms to automate transactions for users. It involves trading algorithms that place buy and sell orders within a predefin2023-07-11
Press releaseBitget Launches Crypto Loans To Meet The Growing Demand For Lending ServicesVICTORIA, Seychelles, July 4, 2023 — Bitget, top crypto derivatives and copy trading platform, has entered the rapidly expanding cryptocurrency loan sector with the launch of its native Crypto Loans product. The new offering is intended to attract a new audience of users dissuaded by traditional credit institutions and seeking alternative means of funding via digital assets. Bitget’s Crypto Loans product is based on a dual-coin approach, allowing users to stake one coin from their holdings a2023-07-04
Press releaseBitget Becomes Official Crypto Exchange Partner of DOTA 2 Bali MajorVICTORIA, Seychelles, June 28, 2023 — Bitget, top crypto derivatives and copy trading platform, is excited to announce its sponsorship for the DOTA 2 Bali Major 2023 as the Official Crypto Exchange Partner. The partnership will bring together the world of cryptocurrency and esports in an industry-leading event, which is scheduled to take place from June 29 to July 9, 2023. DOTA 2 Bali Major 2023 is expected to attract over 1,500 participants, making it a landmark event in the esports calendar.2023-06-28
Press releaseBitget Launches Localized Website With Fiat Gateway For Turkish UsersVICTORIA, Seychelles, June 26, 2023 — Bitget, top crypto derivatives and copy trading platform, has announced the launch of its Turkish website, Bitget TR, to provide localized services for users in Turkey. The dedicated Turkish platform is the newest addition to the Bitget family, which strengthens the global presence of the Bitget brand with a special focus on the rapidly-growing local market. Bitget TR enables Turkish users to access Bitget's products and services through a localized portal2023-06-26
Press releaseBitget Launches New Martingale Strategy Empowered by AIVICTORIA, Seychelles, June 7, 2023 — Bitget, top crypto derivatives and copy trading platform, has announced the addition of Martingale AI strategy as part of its lineup of Martingale investing strategy services. The new instrument intends to provide crypto newcomers with a convenient and advanced investment strategy enabled by AI. Bitget has developed the Martingale AI feature to make Martingale more accessible to novice traders and take advantage of this investing strategy. The Martingale2023-06-07
Press releaseBitget Empowers Community with Upgraded Broker Program VICTORIA, Seychelles, June 6, 2023 — Bitget, top crypto derivatives and copy trading platform, today announced major upgrades to its Broker Program to provide additional benefits and support for brokers. The enhanced program delivers a robust suite of features and incentives to empower brokers and better serve users. The upgraded Bitget Broker Program offers brokers access to a robust platform with deep liquidity, enabling an optimal trading experience for their2023-06-06
Press releaseBitget partners with Copper to offer institutional clients off-exchange settlement Victoria, Seychelles, May 25, 2023 – Bitget, a top crypto derivatives and copy trading platform, announced that it would partner with Copper, the leading digital asset custody provider, to introduce an off-exchange settlement solution. It enables institutional clients to trade and settle in near real-time across exchanges while mitigating counterparty risk and increasing capital efficiency. Bitget will become the sixth major exchange this year to integrate with Copp2023-05-25
Press releaseBitget Joins ‘Shark Tank of Web3’ Killer Whales as an Official Search Partner As a search partner, the exchange will host a global campaign to procure talent for Killer Whales. Today, Bitget, a leading crypto derivatives and copy trading platform, is thrilled to announce its partnership with HELLO Labs, a web3 entertainment company, as the Search Partner for the highly anticipated show, Killer Whales. The show, a dynamic TV production in the style of Shark Tank, tailored for the web3 ecosystem, is set to captivate audiences worldwide when it airs later this year.2023-05-18
Press releaseBitget Pledges $10 Million to Foster Fetch.ai EcosystemVictoria, Seychelles, April 27th, 2023 — Bitget, top crypto derivatives and copy trading platform, announced that it reached a strategic partnership with Fetch.ai, a leading artificial intelligence (AI) blockchain platform, and it will be pledging $10 million in backing to the Fetch.ai ecosystem. The announcement comes as the exchange launched a massive fund aimed at supporting promising startups with subsequent listing on the native Launchpad. The recent hype on AI kicked off by ChatGPT allows2023-04-27
Press releaseBitget’s Native Token BGB to be Listed on Bitfinex, Driving Liquidity and Accessibility Victoria , Seychelles, April 24 , 2023 – Bitget, the largest crypto copy trading platform, announced that its native platform token BGB will be listed on Bitfinex, driving liquidity and accessibility while increasing its value and utility. The supported trading pair is BGB/USDT, and the trading service will be opened at Bitfinex. BGB is a utility token that plays a vital role in Bitget's ecosystem, with a circulating supply of 1,400,000,000 BG2023-04-24
Press releaseBGB Updated Whitepaper Reveals Plan For New Utilities And Burn Mechanism VICTORIA, Seychelles — Bitget, top crypto derivatives and copy trading platform has released an updated whitepaper edition for its native token BGB. The new document outlines the advantages BGB provides as a utility asset within the framework of the Bitget platform and the benefits holders can expect to receive. The updated BGB token whitepaper reveals the roadmap of the asset’s development, outlining the use case scenarios and economics it will be based on. The innovative side of the asset2023-06-02
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