Bitget leads crypto derivatives market with 28% growth in trading volume in January 2024

Victoria, Seychelles, February 15, 2024 Bitget, one of the world’s leading cryptocurrency exchanges and Web3 companies, revealed its January 2024 monthly report today. This report shows a dramatic shift in derivatives trading volume in January, outperforming the market by 28%. Amid overall market growth of 1.3%, Bitget’s derivatives trading volume has soared, cementing its position as the industry leader according to the latest data released by WuBlockchain. Additionally, the platform saw a remarkable 9.4% increase in its Spot trading volume, surpassing the overall market increase of 2.6%.

The report also highlights other industry-leading results, with copy traders on Bitget generating over $15 million in profits from over 2.2 million profitable trades in the same month, further strengthening plus Bitget’s status as the leading crypto copy trading platform. During the month of January alone, the platform attracted 4,400 expert traders as well as 26,990 new subscribers eager to discover the cryptocurrency market.

Bitget has taken an in-depth look at funding trends within the blockchain startup ecosystem, highlighting a significant gender funding gap. Covering the period from Q1 2022 to Q3 2023, the study found that women-led startups secured only 6.34% of total funding. Although the number of startups led by women has decreased since the start of 2022, their representation has seen a slight increase, from 8.3% in 2022 to 8.6% in the third quarter of 2023.

In response to this disparity, Bitget launched the initiative Blockchain4Her, pledging $10 million to foster gender diversity and inclusiveness within the blockchain industry. The project was presented at the Web3 Hub Davos event, organized as part of the World Economic Forum 2024, and aims to strengthen the capabilities of women entrepreneurs through various programs, competitions and awards.

In addition to its many initiatives, Bitget celebrated the second year of its partnership with football legend Lionel Messi, marked by the release of the film #MakeItCount 2024. This campaign, which chronicles Messi’s exceptional journey from adversity to greatness, aims to inspire the cryptocurrency and football communities. It encourages individuals to push boundaries and seize opportunities available to them, transforming obstacles into paths to success.

About Bitget

Created in 2018, Bitget is a Web3 company that is among the leading cryptocurrency exchange platforms in the world. Serving over 20 million users across 100 countries and regions, the Bitget platform is committed to helping users trade smarter through its revolutionary copy trading functionality and other solutions. trading. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers a comprehensive set of Web3 solutions and features, including a non-custodial wallet, swap services, NFT marketplace, DApps browser, and more. Bitget also inspires the general public to adopt cryptocurrencies through collaborations with renowned partners, including legendary Argentine footballer Lionel Messi and official esports event organizer PGL.

Learn more: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

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