The latest report from Bitget reports remarkable growth during the month of February 2024, with its user base surpassing 25 million and its platform token, BGB, crossing the $1 mark, all within the framework of a market thriving crypto.
Despite the reduced number of days in February and the Lunar New Year holiday, Bitget’s Spot trading volume increased by more than 21%, and Futures trading volume increased by 22%, according to data from CoinGecko. This market enthusiasm has propelled the exchange’s user base to 25 million. Meanwhile, its platform token, BGB, rose 64% and surpassed $1 in February, reaching an all-time high of $1.15.
As part of its ongoing efforts to diversify and enrich trading options, Bitget added 39 new tokens to its platform, which generated considerable interest and trading activity. This expansion resulted in extraordinary price increases for the top five performing tokens, with gains exceeding 1000%. Remarkably, two tokens, QnA3.AI ($GPT) and Pixels (PIXEL), performed exceptionally well, each soaring by over 5,000%.
February also saw substantial growth in the AI sector, including the launch of OpenAI’s Sora model, which significantly advanced AI creativity and captivated the world. market interest. This enthusiasm contributed to a remarkable 400% increase in trading volume in Bitget’s AI Zone, reflecting the market’s keen interest in the advancements made through AI.
The appointment of Alvin Kan as Chief Operating Officer (COO) of Bitget Wallet is a strategic move to strengthen Bitget’s global growth and innovation. With a wealth of experience in leadership roles within leading organizations, Alvin Kan is ideally positioned to guide Bitget through its next phase of growth.
We are delighted to witness the unprecedented growth of Bitget, which has surpassed 25 million users, a clear testament to the trust placed in us by the global crypto community. This milestone, coupled with our strategic expansions and innovations, underlines our commitment to providing our users with the most dynamic and secure trading environment available. As we celebrate this achievement, we remain focused on blazing new trails in cryptocurrency and Web3, driven by our unwavering dedication to inspiring the entire market and providing ever more excellent services. The future is incredibly bright, and it’s still just the beginning.
Gracy Chen, CEO of Bitget
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.
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