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 Announces Pre-Market Trading for Initia (INIT)
Victoria, Seychelles, 17 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for Initia (INIT), an L1 blockchain that unites appchains to unlock their full value through interwoven infrastructure and aligned economics.
The pre-market trading feature on Bitget facilitates a unique environment for price discovery and liquidity optimization. This structure allows buyers and sellers to negotiate pricing agreements ahead of public tr2025-04-18
- Bitget Burns $130 Million BGB, 2.5% of the Total Token Supply
Victoria, Seychelles, April 17th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has completed the burn for 30 million Bitget Token (BGB) as per its previously shared burn mechanism plan for the quarter. At the time of the burn, this represented a market value of around $130 million and accounts for roughly 2.5% of BGB’s total supply.
Over the past six months, Bitget has destroyed 42.5% of the total BGB supply. This reduction includes 19% from core team holdings, with the 2025-04-17
- Hot Airdrops This Week: PAWS on CandyBomb, GM on Launchpool & WCT on PoolX!Hi Bitgetters, welcome to this blog post of collection of interesting airdrops, special in the Southeast Asia region for the period of April 17, 2025.
You are in the right place and at the right time, because there are many interesting airdrops from trending crypto assets such as PAWS, WCT, GM—and of course— BGB, coming this week. There are a total of 140 million PAWS tokens up for grabs on CandyBomb, 15.4 million GM tokens on Launchpool, 565 estimated APR WCT tokens on PoolX and many more!
Int2025-04-17
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BitgetHow to Trade Smarter on Bitget (Part 2): Diverse Information to Aid Your Investment Decisions For six years, Bitget has been defined by innovation and growth. The platform not only provides users with the essential tools they need, but also allows them to share insights, strategies, and experiences. With products like Bitget Insights, Leaderboard, and Market Data, users can make more informed investment decisions. Whether you're a seasoned expert or a newcomer to the world of crypto, these carefully designed features are integral to supporting your trading success. In this article,2024-09-25
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BitgetBitget Proof-of-Reserves August: Increase in Reserve Ratio and Users' Asset in Ethereum (ETH) Victoria, Seychelles, 29th August 2024 - Bitget, the world's leading cryptocurrency exchange and Web3 company, has shared its monthly update for the transparent tracking of its proof-of-reserves (PoR) highlighting the reserve ratios of Bitcoin (BTC), Ethereum (ETH), USDT and USDC. This update shows the platform’s commitment to transparency and security, highlighting significant growth in both user assets and platform reserves. In August 2024, Bitget's Proof-of-Reserve2024-08-29
BitgetBitget Achieves ISO 27001:2022 Certification, Strengthening Commitment to Transparency and Security VICTORIA, Seychelles, 21 Aug 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, is proud to announce that it has achieved ISO 27001:2022 certification. This well-recognized certification, awarded by the International Standard Organization (ISO), shows Bitget's efforts in maintaining the highest standards of information security. ISO 27001:2022 is an in2024-08-21
Bitget"Shine Bright Like a Woman": Bitget’s Latest Blockchain4Her Awards Offer Career-Changing Scholarships and Singapore Summit Trip Victoria, Seychelles, Aug 19 2024 - Bitget, a leading cryptocurrency exchange and Web3 company, is proud to announce the launch of its inaugural Blockchain4Her Awards, celebrating women driving innovation and gender inclusivity in the blockchain industry. Nominations are now open until Aug 30, with winners announced at the SheFi Summit in Singapore on September 17, 2024. The Blockchain4Her Awards aim to honor the achievements of women in blockchain while fostering dialogue about2024-08-19
BitgetBitget Welcomes Top 20 Legal Leader Hon Ng as New Chief Legal Officer Victoria, Seychelles, Aug 14, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the appointment of Hon Ng as its Chief Legal Officer. With over two decades of experience, Hon has extensively been working with governments and policymakers for global corporations. At Bitget, he will oversee the group’s adherence to regulatory requirements worldwide. This includes constructive and active dialogues with regulators, gaining licenses in expansion markets and innovat2024-08-13
BitgetBitget Monthly Report: July 2024 Edition TLDR; ● BGB added to Forbes list for top crypto in 2024 and CCData highlighted its market share growth. ● Bitget Wallet topped Nigeria App store, shipped MPC solution which now supports the TON mainnet, making it the largest TON ecosystem wallet. ● Bitget partnered with Upland to launch SPARKLET on Ethereum and established a virtual headquarters, purchasing 888 properties. ● In collaboration with Nansen, Bitget Research released insights on token-discovery strategies, aiding traders in early-2024-08-08
BitgetBitget's Protection Fund in July Sustains 35% Above Initial $300M Commitment Amidst Market Volatility VICTORIA, Seychelles, 6th August, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, has released the updated valuation of its Protection Fund for July 2024. Irrespective of the market volatility, the fund carries adequate insurance significantly still exceeding the company's initial commitment of $300 million sustaining itself at an average of $407M last month. The Protection Fund is designed to safeguard users' assets and stands as an ess2024-08-06
BitgetBitget Report Shows TON Tap-to-Earn (T2E) Game Users Play An Average of Five Games Victoria, Seychelles, 31st July 2024 - Bitget, the world's leading cryptocurrency exchange and Web3 company, recently released a survey report about the users of Tap-to-Earn (T2E) games on Telegram, exploring the most popular TON games, user habits, and commonly used decentralized wallets within the TON ecosystem. This report provides valuable insights into understanding user behavior in the vibrately growing TON ecosystem. This survey was conducted by distributing questionnaires on Telegram, c2024-07-30
BitgetBitget Announces Updated Proof of Reserves for July 2024 with 167% Reserve Ratio Victoria, Seychelles, 29th July 2024 - Bitget, the world's leading cryptocurrency exchange and Web3 company, has shared its monthly update for the transparent tracking of its proof-of-reserves (PoR) highlighting the reserve ratios of Bitcoin (BTC), Ethereum (ETH), USDT and USDC. This update shows the platform’s commitment to transparency and security, highlighting significant growth in both user assets and platform reserves. As of July 2024, Bitget’s total reserve rat2024-07-29
BitgetReport from Bitget and Nansen Discovers Power of Community in Predicting Token Prices VICTORIA, Seychelles, 29 Jul 2024 — Bitget Research, the research arm of Bitget, the leading cryptocurrency exchange and Web3 company, has released its latest report in partnership with Nansen Research, the premier blockchain analytics platform, to unveil in-depth collaborative research on token-discovery strategies. This report aims to equip traders with essential insights and strategies for investing in early-stage and chain governance tokens. By evaluating two sets of data correlated to toke2024-07-29
BitgetBitget Teams Up with Polish Powerhouse Stal Mielec: Dedication Wins in Crypto and Football Bitget, the world's leading cryptocurrency exchange and Web3 company, announces a thrilling new partnership with Polish football force, Stal Mielec. This exciting collaboration aims to elevate the fan experience, promote financial inclusion, and foster greater crypto adoption within the passionate fan base of Stal Mielec. Stal Mielec, a legacy club founded in 1939, boasts a rich history. In the past, they've secured two Polish Championship titles and a remar2024-07-25
BitgetBitget Partners with Upland to Launch Its Metaverse Headquarters with 888 Exclusive Properties Victoria, Seychelles, 22nd July 2024 - Bitget, the leading cryptocurrency exchange and Web3 company, and Upland, the leading immersive Layer1 gaming platform, are excited to announce a strategic partnership centered around the launch of the utility token SPARKLET on Ethereum. This collaboration will include the establishment of Bitget’s virtual headquarters in the metaverse built by Upland, with extensive token airdrops and rewards for both Upland and Bitget communit2024-07-22
BitgetBitget Recorded Highest Market Share Increase in H1 2024 - CCData Report Victoria, Seychelles, 1 6 th July 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has revealed in-depth insights into its growing market share as highlighted by CCData in the 2024 H2 Outlook Report. With the growing credibility and performance of centralized crypto exchanges, it's more evident now than ever that there's a shift in paradigm in crypto space. CCData highlights the roles of various CEXs are changing as they t2024-07-16
BitgetForbes Lists Bitget Token (BGB) Among Best-performing Tokens in H1 2024, Alongside TON and PEPE Victoria, Seychelles, 15th July, 2024 - Bitget, the leading cryptocurrency exchange and Web3 company, is excited to share Bitget Token (BGB) was ranked as one of the top 10 best-performing cryptocurrencies by Forbes. In 2024, BGB recorded tremendous growth as a CEX token ranking high in returns along with popular tokens such as Toncoin (TON), Pepe (PEPE) and Dogwifhat (WIF). In January '24, BGB traded around $0.57 surging over $1.43 showing a remarkable increase of 150%.2024-07-16
BitgetBitget Introduces the First BGB Perpetual Futures with up to 50x Leverage Victoria, Seychelles, 8 July 2024 — Bitget, the leading global cryptocurrency exchange and web3 company, is excited to announce that its native token, Bitget Token (BGB), is now exclusively available for futures trading on the platform. As the first BGB perpetual futures, BGBUSDT-M will be live on July 8, 2024, with a maximum leverage of 50x. BGB is the ecosystem token of Bitget, designed to create a simple, secure crypto ecosystem accessible to all. Launched in July 2021 with a total supply of2024-07-08
BitgetBitget Protection Fund's Average Valuation Hits $429M in June 2024 VICTORIA, Seychelles, 2nd July, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, has released the updated valuation of its Protection Fund for June 2024. By significantly exceeding the company's commitment of $300 million, Bitget continues to flourish as one of the most trustworthy crypto exchanges. Since its launch in August 2022, the Protection Fund has been a cornerstone of Bitget's user-centric approach, highlighting the platform's dedication to pr2024-07-02
BitgetBitget Research: Deepfakes May Reach 70% of Crypto Crimes in Two Years Deepfakes, generated by artificial intelligence (AI), have legitimate applications in scientific research and entertainment. However, this technology is increasingly being weaponized by criminals. The growing spread of highly realistic fabricated content can influence the financial decisions of ordinary people, increasing the risk of fraud globally. The threat extends beyond imitations of influencers’ speeches. Deepfake attacks can be tailored to target spe2024-06-24
BitgetBitget Proof-of-Reserves (PoR) in June portrays a 46% increase in user assets for Ethereum (ETH) Victoria, Seychelles, 25th June 2024 - Bitget, the world's leading cryptocurrency exchange and Web3 company, has shared its monthly update for the transparent tracking of its proof-of-reserves (PoR) highlighting the reserve ratios of Bitcoin (BTC), Ethereum (ETH), USDT and USDC. As compared to May, the amount of users' BTC, USDT, ETH surged by 9%, 10% and 46% in June. The recent POR report emphasizes Bitget's security with over 163% of reserve ratio accounting for all2024-06-25
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BitgetBitget Partners with CoinTech2u: Elevating Crypto Trading with AI-Driven Innovations Dear users, We're excited to announce our partnership with CoinTech2u, a prominent leader in AI-driven innovations for crypto trading bots. This groundbreaking collaboration signifies a significant milestone in our ongoing commitment to enhancing trading functionality and broadening market access for our users. CoinTech2u was founded in late 2022 by a group of cryptocurrency enthusiasts and experts. CoinTech2u has experienced rapid growth, attracting over 180,000 registered users. With an unwa2024-06-07
BitgetBitget Showcases Continuous Growth in User Assets with the May 2024 Proof of Reserves Update Victoria, Seychelles May 28, 2024 - Bitget, the global leader of cryptocurrency exchanges and Web3 technology, proudly reasserts its commitment to transparency while showcasing continuous growth in user assets through its latest May 2024 Proof of Reserves (PoR) update. This update underscores Bitget's unwavering dedication to upholding robust reserves, ensuring the safety and security of user assets amid the ever-evolving crypto landscape.2024-05-28
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