TLDR;
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Bitget recorded $2.08 trillion total trading volume in Q1 2025; Spot trading volume surged 159% QoQ to $387 billion.
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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.
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Bitget’s Protection Fund grew steadily from $495 million in January to $514 million by March 2025.
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Bitget transferred ~$100 million in ETH to Bybit post-hack, demonstrating exchange solidarity and trust-building in crisis situations.
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Bitget provided 60,000+ meals during Ramadan 2025, and Blockchain4Her initiative entered its 2nd year with $10 million committed to empowering women in Web3.
Overview
The crypto market endured a rocky first quarter of 2025, with Bitcoin (BTC) dropping 11.7%—its worst Q1 since 2015—and Ethereum (ETH) plummeting 45.41%, the steepest decline since 2018. The $1.3 trillion wipeout in market value was driven by global economic fears sparked by U.S. President Donald Trump’s tariff policies, which offset early optimism from his pro-crypto stance, including plans for a national Bitcoin stockpile.
High-profile security breaches compounded the downturn, with crypto hacks hitting a record $2.1 billion in losses, up 15% from Q1 2024. Regulatory shifts also loomed large as the U.S. advanced stricter oversight while more nations worldwide pushed for clearer crypto tax frameworks, leaving investors cautious amid a volatile landscape. In the midst of it all, Bitget stayed strong, navigating yet another record-breaking quarter in Q1 2025.
Quarterly Highlights
Bitget has entered the world of motorsport with its first sponsorship, backing driver Flávio Sampaio in the 2025 Porsche Carrera Cup Brazil. Building on past partnerships with top athletes like Lionel Messi, Bitget continues to bridge the dynamic worlds of Web3 and high-octane sports.
This year, Bitget provided over 60,000 meals to families and individuals in need this Ramadan. Beyond raising money among users and local teams, Bitget's Chief Operating Officer, Vugar Usi Zade, personally contributed 16,000 AED to a UAE-based charity. More than a corporate social responsibility initiative, this highlighted Bitget’s core commitment to uplifting communities and putting people first.
In a strong show of solidarity, Bitget supported Bybit in the wake of one of the worst hacks, transferring roughly $100 million in ETH to the exchange. This proactive support highlights the importance of security, trust, and collaboration among exchanges, which is central to Bitget's mission of building a safer, more transparent ecosystem.
February marked a major milestone for Bitget, with strong growth and industry recognition. Forbes ranked Bitget #8 among the most trusted crypto exchanges, which reflects Bitget's focus on user-centric innovation and unwavering commitment to security and compliance.
Launched with a $10 million commitment in 2024, Blockchain4Her (B4H) celebrated its first anniversary in March, dedicated to closing the gender gap in Web3 by empowering women. Three new ambassadors joined the initiative, handpicked by Bitget CEO and B4H Initiator Gracy Chen for their alignment with its mission. As B4H enters its second year, it remains focused on amplifying female voices and driving inclusion in the male-dominated Web3 space.
Bitget Ecosystem in Numbers
Bitget showed strong growth across several key areas in Q1 2025. The platform recorded a total trading volume of $2.08 trillion, driven largely by a surge in spot trading activity. Spot trading volume grew by an impressive 159% quarter-on-quarter (QoQ), reaching $387 billion, aligned with increased user participation and growing market interest. Copy trading also continued its upward trajectory, with trading volumes rising by 36% QoQ to $9.2 billion.
User growth remained a key highlight, with Bitget and Bitget Wallet adding 19.89 million new users in Q1 2025. This contributed to a significant increase in the platform’s total user base, pushing the total to above 120 million users in the Bitget ecosystem.
New Listings
Overall, Bitget’s growth in trading volumes, user acquisition, and token activity highlights the platform’s expanding market presence and growing engagement from both retail and institutional participants.
New tokens listed in Q1 2025 witnessed notable surges. With Story Protocol (IP) increasing by 165%, while PLUME gained over 90%, Tutorial (TUT) and Solayer (LAYER) jumped over 50%, indicating early potential in the initial listings. Elixir Network (ELX) was listed for spot trading, with 3.8 million ELX distributed through a Launchpool rewards program and a CandyBomb promotion. Story Protocol (IP), a blockchain designed for creators, was also listed with an exclusive Launchpool campaign allowing users to earn rewards.
Bitget introduced pre-market trading for RedStone (RED) and Babylon (BABY), giving users early access to these projects before their official spot market debut. RED focuses on Oracle network innovations, while Babylon (BABY) enhances PoS scalability and security through Bitcoin infrastructure.
Additional listings included Particle Network (PARTI), a Layer-1 blockchain promoting chain abstraction, and Kaito (KAITO), an AI-powered Web3 platform, accompanied by a 50,000 KAITO CandyBomb rewards campaign. The exchange also listed Pi Network (PI), a mobile-friendly crypto-mining project with a rapidly growing user base.
Bitget further listed WCT on spot trading and LaunchX, distributing 20 million WCT tokens at a fixed price to allow users early participation in emerging projects. These strategic listings reflect Bitget’s ongoing focus on expanding access to cutting-edge blockchain innovations for its global user base.
Product and integrations
Bitget unveiled its AI-powered trading algorithm, Bitget Seed, designed to identify and list early-stage Web3 crypto projects with immense growth potential. This launch represents Bitget's commitment to combining cutting-edge technology with user-friendly trading solutions, offering Bitget users a semi-permissionless way to explore and trade digital assets that are currently only available on-chain.
Bitget has announced a strategic integration with Zen, a multi-asset payment gateway. This collaboration enables seamless crypto payments, bridging the gap between traditional finance and digital currencies for enhanced user convenience. With this integration, Bitget users can now seamlessly deposit and withdraw funds using 11 supported fiat currencies, including PLN, CZK, DKK, AUD, CAD, NOK, SEK, CHF and HUF.
Bitget integrated its native token, BGB, with Morph Chain, enhancing cross-chain compatibility. This move was complemented by the establishment of a $1.1 million liquidity pool on Bulbaswap, bolstering BGB's utility in the DeFi space.
Bitget expanded its offerings with Callpay, enabling South African users to make seamless deposits in ZAR. This integration opens up new avenues for users in the region to engage with crypto markets, enhancing accessibility and local support.
Bitget launched a unique initiative aimed at supporting FTX creditors. The program offers incentives designed to assist users in regaining funds, contributing to Bitget's ongoing commitment to industry transparency and helping those affected by FTX’s collapse to recover losses.
Bitget Wallet
Bitget Wallet introduced its PayFi Flywheel, a new financial model that unifies earning, sending, and spending within an onchain ecosystem. Strategic integrations with Cryptorefills and Bitrefill expanded crypto payment use cases for global travel, gift cards, and retail purchases across 100+ countries. The Q1 Onchain Report highlighted growing crypto payment adoption in emerging markets, with speed and borderless access driving usage, while concerns around security and usability remain key barriers.
Bitget Wallet launched Super DEX, an advanced swap platform offering intelligent trading features like MemeX and Hot Picks, while expanding omni-chain access to over 130 blockchains. Cross-chain trading support grew to 27 networks, including emerging ecosystems like Berachain and Sonic. The introduction of AI Token Analysis provided users with real-time sentiment, trend insights, and trading signals directly within the app, enhancing decision-making for onchain traders.
To expand earning opportunities, Bitget Wallet integrated Aave for onchain USDT and USDC staking across multiple networks. The platform also launched a BGB staking on Morph Chain, adding new utility to its native token through fixed yield, Morph Point rewards, and PayFi ecosystem perks such as gas fee coverage and payment cashback benefits.
Bitget Wallet introduced a smart authorization detection tool, enabling users to review, assess, and revoke high-risk token approvals from past DApp interactions. In parallel, MEV Protection was upgraded and activated by default across major blockchains including Ethereum, Solana, and BNB Chain. These security enhancements safeguard users against front-running, sandwich attacks, and excessive gas bidding, reinforcing Bitget Wallet's commitment to safe, self-custodial Web3 access.
Bitget Spring Camp was a key initiative in Q1 2025, bringing together prominent KOLs from various regions for a four-day immersive brand and community-building experience. The event combined sharing seminars, outdoor engagements, and in-depth networking sessions, all designed to foster stronger relationships and reinforce Bitget's position as a global leader in crypto innovation.
By offering a balanced blend of educational content, interactive team-building, and robust community outreach, Spring Camp effectively strengthened participant ties and expanded Bitget's presence across diverse markets. This approach aligns with our broader commitment to transparency, inclusivity, and sustainable growth, a commitment we continue to demonstrate in every facet of our operations.
Bitget and the Solana community came together for a beach takeover that blended relaxed social engagement with the dynamic spirit of Web3. Attendees enjoyed a specialty food truck, a magazine-style photobooth, and Ramadan-inspired treats from Forrey & Gallard. A “Best Pic of the Night” challenge offered the chance to win tickets to a Real Madrid vs. Mallorca match, showcasing how Bitget continues to bridge the worlds of sports, crypto, and vibrant community experiences.
Bitget further strengthened its local connections by hosting a special Ramadan celebration. Set in an open-air, Arabic-themed lounge, the event featured live musical performances and rich cultural experiences, culminating in a meaningful donation of 13,000 USDT for Ramadan causes. This gathering underscored Bitget's commitment to blending community engagement, philanthropy, and regional traditions.
Bitget continues to champion #Blockchain4Her and #Blockchain4Youth as part of our CSR initiatives, weaving these concepts into conferences like Crypto Expo Europe and Next Block Expo, as well as hosting dedicated events such as “B4H X UTOPIA Club: Connecting Her Jakarta.” By introducing Blockchain4Her pin and orchestrating female meetups, we've garnered overwhelmingly positive feedback from attendees. These efforts not only strengthen local communities but also amplify women's empowerment in the blockchain sphere, reinforcing Bitget’s commitment to inclusive innovation and impactful brand values.