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 Becomes Gold Sponsor at Token2049 Dubai: CEO Gracy Chen to Share Vision for Crypto’s Next Chapter
United Arab Emirates, Dubai, 29 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, is set to make a major impact at TOKEN2049 Dubai as a Gold Sponsor of this year’s landmark event. Taking place from 30 April to 1 May 2025, at Madinat Jumeirah Conference Centre, TOKEN2049 Dubai brings together the brightest minds and boldest innovators from across the global crypto and blockchain ecosystem. As the crypto community gathers in one of the most dynamic hubs for innovation,2025-04-29
- Global Web3 Giants Bitget and Avalanche Join Forces to Boost Web3 Ecosystem in IndiaNew Delhi, 28 April 2025: Bitget, the world’s leading crypto exchange and web3 company, announced a strategic collaboration with Avalanche®, the fastest and most reliable smart contracts platform in the world. Bitget and Avalanche are leaders in the field of digital asset trading and blockchain technology, respectively, and the partnership is aimed at leveraging the combined strength of both global brands to enable grassroots adoption of web3 technology.
Avalanche is investing aggressively in th2025-04-28
- Bitget Drops Exclusive LALIGA Skins: Trade in Style with Barça, Real Madrid & More
Victoria, Seychelles, 28 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched its innovative "Your Team, Your Skin: LALIGA on Bitget" campaign in a move that blends the thrill of football with the excitement of crypto trading. The product update allows users to deck out their Bitget app with their favorite LALIGA team logo and compete for rewards, proving that in crypto, as in football, passion and strategy go hand in hand.
Bitget, known for pushing the boun2025-04-28
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- BitgetBitget 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 Bybit2025-04-11
- Press releaseBitget Token (BGB) Burn Model Updated with First Quarterly Burn Exceeding 30 Million Tokens Victoria, Seychelles, April 9, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB's quarterly burn amount to its on-chain usage, signifying the token's evolution towards higher transparency, compliance, and sustainable token value. To better reflect the growing integration of BGB across centralized and decentralized e2025-04-09
- Press releaseBitget Launches Bitget Onchain to Give CEX Users Early Access to Promising On-chain Assets Victoria, Seychelles, 7th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, unveils Bitget Onchain — a groundbreaking innovation that bridges the best of CEX and DEX. By combining the speed, security, and simplicity of centralized platforms with direct access to emerging on-chain assets, Bitget Onchain redefines how users discover and trade the next wave of crypto opportunities. Bitget Onchain provides on-chain asset transactions directly on the Bitge2025-04-07
- Press releaseBitget Chief of Legal's Open Letter Highlights Expansion and Regulatory Compliance Plans Victoria, Seychelles, April 7th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has published an open letter by its Chief Legal Officer, Hon Ng, which highlights the exchange's efforts in global regulatory compliance and expansion. The CEX continues to grow in the global crypto market by securing regulatory approvals and expanding its operations. With a strong focus on compliance, Bitget is navigating evolving regulatory landscapes with over eight l2025-04-07
- BitgetA Letter from our CLO: Statement of Commitment to Regulatory Compliance At Bitget, we pride ourselves on being one of the safest and most trusted cryptocurrency exchanges in the world. We were proud to be recognised recently by Forbes as one of the World's Most Trustworthy Crypto Exchanges and Marketplaces. Our commitment to compliance is at the core of our operations as we strive to create a secure environment for our users. As part of this commitment, Bitget has successfully obtained regulatory licenses and approvals around the world tailored to our differe2025-04-07
Press releaseBitget Secures El Salvador Digital Asset Service Provider (DASP) License After BSP Approval Victoria, Seychelles, 4th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has obtained the Digital Asset Service Provider (DASP) license from El Salvador’s National Commission of Digital Assets (CNAD), expanding its regulatory framework within the country. This development comes after the earlier acquisition of the Bitcoin Services Provider (BSP) license in 2024. El Salvador is one of the pioneering jurisdictions passing comprehensive legislation2025-04-04
Trading botsBitget Futures Titan Leaderboard Round 7: April Signals A Shift — Step In, Move Fast, Access MoreApril brings momentum on top of new beginnings. A quiet signal becomes a surge. Traders who sense the shift early are often the ones who move with precision, stay ahead of the curve, and access the most valuable outcomes. Bitget Futures Titan Leaderboard: Round 7 is now live with a structured and performance-based environment. There is 420,000 USDT in total incentives, daily and weekly leaderboards, real-time ranking updates, and tiered benefits for those who are prepared to move decisively. Wh2025-04-02
Press releaseBitget Celebrates 1.5 million Downloads in February Victoria, Seychelles, 20 March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces its position as the third most downloaded crypto exchange app worldwide in February 2025, according to data from SensorTower. With 1.57 million downloads, the platform trails only Binance and OKX in global rankings, further cementing its role as a key player in the digital asset industry. This milestone follows Bitget’s recent recognition as the #8 most trusted crypto2025-03-20
BitgetBitget February 2025 Transparency Report Introduction February 2025 was a landmark month for Bitget, as the company solidified its position as a trusted leader in the global crypto space. This achievement was highlighted by Bitget’s inclusion in Forbes' list of the Top Trusted Crypto Exchanges, ranking #8—a testament to its continuous efforts in building trust with users through innovative solutions and a commitment to security. The company also marked significant milestones in its EU expansion, securing the Virt2025-03-11
BitgetBitget Transparency Report: 2024 Year in ReviewTLDR; - Expanded user base by 400%, from 20M in January to 100M in December. - Spot trading surged from $160B in Q1 to $600B in Q4; daily volumes doubled to $20B. - $30M investment in the TON blockchain to support GameFi and Tap-to-Earn trends. - BGB surged over 10x, driven by burn mechanisms and enhanced utility. - Gracy Chen became the CEO from Managing Director at Bitget, making her the only female CEO in the top 10 exchanges, Hon Ng joined as a CLO, and Min Lin joined as the CBO. - Gai2025-01-23
Press releaseBitget Becomes the Second Largest Crypto Exchange Ecosystem by Userbase Victoria, Seychelles, 2 3rd January 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has released its 2024 transparency report highlighting one of the most successful years the company has experienced since its launch in 2018, emerging as the second-largest exchange ecosystem by user base. Driven by innovation, strategic business decisions, and a strong demand for trustworthy platforms have pushed the ecosystem to expand beyond expectations.2025-01-23
GracyBitget CEO New Year Letter: Propel into New Horizons and Surge through Bullish Tides Dear Bitget Team, Partners, and Users, In the past 2024, we look back on an extraordinary year in the crypto world. It was a year of remarkable milestones: the approval of the Bitcoin spot ETF by the SEC at the start of the year, granting broader access to institutional investors and retail users; Bitcoin’s much-anticipated halving in April, followed by the approval of the Ethereu2025-01-06
BitgetBitget Prepares for MiCA Compliance with an Upcoming Europe Regional Hub Victoria, Seychelles, 11th December 2024: Bitget, the world's leading cryptocurrency exchange and Web3 company, is exploring the establishment of its Europe regional hub in Lithuania as part of its strategic expansion in the European Union. The move aligns with the EU’s Markets in Crypto-Assets (MiCA) framework, which aims to provide a unified regulatory environment for crypto assets across the region. The company is actively preparing for compliance under the MiCA framework, including2024-12-11
BitgetBitget guarantees it will hold 100% of users' assets in reservesBitget guarantees it will hold 100% of users' assets in reserves and will publish its Merkle Tree proof, platform reserves, and platform reserve ratio on a monthly basis Reserve ratio = funds in the platform/funds of platform users. A reserve ratio greater than or equal to 100% means that the platform has sufficient funds. What is proof of reserves? 'Proof of reserves' refers to an auditing procedure that is verifiable through cryptographic proofs, checks of public wallet ownerships, and recur2023-06-20
BitgetJoin the KCGI trading competition and grab a share of 4 BTC KCGI 2024 team members registration is ongoing. Grab a variety of rewards, along with a share of 5,000,000 USDT! Join a team to share 4 BTC and 50,000 TRX. ❓ How to participate: Step 1: Register for the exclusive regional special promotion: click here. Step 2: Register for the KCGI competition: click here. 1️⃣ Total prize pool of 50,000 TRX for team members (May 24 – June 12) The first 1000 users to join a KCGI team during the promotion will get 100 TRX each. Eligibility: Join a team2024-05-23
BitgetKCGI 2024 - Form a team to earn 500 XRP KCGI 2024 registration will officially open on May 17. Grab a variety of rewards, along with a share of 5,000,000 USDT! Join an exclusive regional promotion — form a team to earn 500 XRP! ❓ How to participate: Step 1: Register for the exclusive regional special promotion: click here. Step 2: Register for the KCGI competition: click here. 1️⃣ Total prize pool of 5,600 XRP for captains (May 17 – June 6) Captains will be ranked based on the time they formed their team, and the t2024-05-16
BitgetSign up to get a $100 package and trade to win $2,000 worth of BTC! We've got an exclusive promotion for new users. Sign up to get a $100 package and trade to win $2,000 worth of BTC! ⏰ Promotion period: May 9 – June 10 1. Sign up to get a $100 package New users who sign up and complete a futures trading volume of over 5 USDT will receive an airdrop of $100 package.2024-05-07
BitgetTrade to earn 500 BGB daily and split 50,000 XRP Bitget zero fee spot trading promotion upgraded! Join the "Trade to mine and earn BGB" promotion to enjoy three rewards. ⏰ Promotion period: May 7 – May 20 ❓ Complete the following two steps to register. Step 1: Register for the "Trade to mine and earn BGB" promotion Step 2: Register for the "Trade to grab a share of the XRP prize pool" promotion. ✅ Rewards: 1️⃣ Earn 500 BGB every day Refer to details here. 2️⃣ Grab a share of 50,000 XRP Users who have registered and reached a fut2024-05-07
BitgetParticipate in Bitget TraderPro Season 2 to win 10,000 USDT and 1,000 XRP! Bitget TraderPro Season 1 has concluded successfully, and all elite trader rewards have been distributed. Bitget TraderPro Season 2 has now begun. Register to join and win 10,000 USDT and 1,000 XRP! Start elite trading with zero investment and enjoy up to a 90% profit share ratio! Unlock a unique recommendation slot to gain global exposure. Promotion period: April 18, 2024 – May 17, 2024 ❗️ How to participate: Register for this promotion > participate in the Bitget TraderPro. 🔥 Pr2024-04-18
BitgetNew user pack: Sign up to get $2,100 We've got an exclusive promotion for new users. Sign up, deposit and trade to win a variety of rewards, up to $2,100 per user! ⏰ Promotion period: April 9 – May 8 1. Sign up to earn 100 USDT New users who sign up and complete any trade will receive an airdrop of 100 USDT in trading bonuses. 2. Trade to earn up to $2000XRP New users who complete the required futures trading volume during the promotion period will get up to $2000XRP！ Trading volume Reward Limit 200,000 USD2024-04-07
BitgetTrade trending coins to grab a share of $60,000 in airdrops Here comes a new trending coin trading promotion! New users can get 100 USDT in trading bonuses by signing up! Complete trading tasks to grab a share of the prize pools containing $30,000 worth of SOL and 20,000 BGB. The more you trade, the better your rewards! ⏰ Promotion period: March 8, 2024 – March 13, 2024 ✅ Promotion coin: MTL/SOL/DOGE/ETC/ARKM/STRK/LSK Activity 1: New user reward The first 300 new users who sign up on Bitget and trade any amount of the promotion coin will2024-03-08
BitgetNew user pack: Sign up to get $2,000 We've got an exclusive promotion for new users. Sign up, deposit and trade to win a variety of rewards, up to $2,000 per user! ⏰Promotion period: March 8 – April 8 1.Sign up to earn 100 USDT ️New users who sign up and complete any trade will receive an airdrop of 100 USDT in trading bonuses. 2.Deposit to earn a 100 USDT rebate New users who make a deposit and transfer it to their futures account will get a 10% rebate on the net deposit (up to 100 USDT in trading bonuses). 3.T2024-03-07
BitgetSign up and trade to split 9,500 UNI UNI Trading Promotion is coming! Sign up and trade to split 9,500 UNI. Join now! ⏰ Promotion time: February 24 – February 27, 2024 (UTC+8) Promotion 1: New users only During the promotion, the first 300 new users who sign up and complete KYC verification can get 1 UNI. Promotion 2: Trade rewards During the promotion, users who make at least one UNIUSDT futures trade can share $5,000 UNI. *Individual reward= individual futures trading volume / all valid users' futures trading volume2024-02-24
BitgetSign up and trade to get a $1,000 gift package We've got an exclusive promotion for new users. Sign up and trade to win a variety of rewards, up to $1,000 per user! ⏰ Promotion period: February 7 – March 7, 2024 1️⃣ Sign up to earn 20 BGB and 20 USDT New users who sign up and complete identity verification will earn 20 BGB and 20 USDT in trading bonuses. Daily limit 100 users, first come first served 2️⃣ Trade to earn 1,800 BGB New users reach the following trading volume tiers within five days after signing up to get the2024-02-07
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