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 Research Report: Blockchain vs. AI - Untapped Potential in Talent Attraction and GrowthExecutive Summary
While artificial intelligence (AI) has rapidly scaled to become a dominant force in technology employment, the blockchain sector has yet to unlock its full potential. Despite significant growth trends, blockchain employment remains at a fraction of AI’s workforce expansion. However, if blockchain reaches mainstream adoption at a pace similar to AI, it could generate an exponential increase in job creation, possibly surpassing current projections of 500,000 new roles by 2028. T2025-04-24
- Bitget Releases April 2025 Proof of Reserves Report: User Assets Secured at 191% Reserve Ratio
Victoria, Seychelles, April 25th, 2025
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Bitget, the leading cryptocurrency exchange and Web3 company, has published its monthly Proof of Reserves (PoR) report for April 2025, which shows its continued commitment to transparency and user asset security. The latest verification confirms that Bitget maintains highly secure collateralized reserves, with an industry-leading 191% overall reserve ratio, ensuring full backing of all user funds.
Bitget continues2025-04-25
- Bitget Lists Dolomite (DOLO), a Modular DeFi Protocol on Arbitrum
Victoria, Seychelles, 22 April 2025 –
Bitget, the leading global cryptocurrency exchange and Web3 company, has announced the listing of Dolomite (DOLO), a next-generation DeFi protocol built on Arbitrum. Trading will commence under the DOLO/USDT pair on April 24, 2025. The token will be listed in Bitget’s Innovation and DeFi Zone, reflecting its status as a project at the forefront of decentralized finance.
Dolomite offers a modular money market protocol that merges advanced 2025-04-23
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Press releaseBitget Partners with Cornix: Automated Crypto Trading for Everyone Dear users, We're excited to announce our partnership with Cornix.io, a leading platform in automated crypto trading. Through this collaboration, we aim to provide our users with innovative tools and strategies to optimize their trading experience and achieve greater success in the cryptocurrency markets. Cornix.io Cornix stands out for its advanced automated trading bots and a wide range of trading strategies developed by expert traders. With Cornix, you can effortlessly copy tradi2024-04-17
Press releaseBitget Launches Pre-market with Merlin Chain (MERL) as the First Supported Asset Victoria, Seychelles 12 April 2024 - Bitget, a world-leading cryptocurrency exchange and Web3 platform, is excited to announce the launch of its latest feature, Pre-market. This new feature aims to meet the demand for pre-listing trading of the latest tokens and enhance the liquidity and trading experience for users. The first supported token on the Pre-market will be Merlin Chain (MERL), and trading will commence at 04:00 (UTC) on2024-04-12
Press releaseBitget Q1 2024 Report: Volume Surges Over 100% and BGB Token Breaks All-Time High Victoria, Seychelles, 11th April 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has unveiled its Q1 2024 Transparency Report, showcasing the ecosystem's accomplishments and growth over the past three months. Notably, Bitget experienced a 100% surge in transaction volumes for both spot and futures trading compared to preceding quarters, propelling its platform token BGB to soar over 80% in Q1. Performance Highlights: ● Bitget now s2024-04-11- BitgetBitget Transparency Report: Q1 2024 TL;DR ● Bitget now serves 25M users worldwide, futures trading volume increased 146% to US$ 1.4 trillion and spot was also up 100% in Q1 2024. ● Bitget recorded the highest increase in derivatives market share, with a growth of 2.4% in March. ● Supporting crypto communities, Bitget announced a donation of all SLERF trading fees to the community. ● Bitget launched a $10M Blockchain4Her initiative and invited 3 industry leaders as ambassadors . ● Kicked off the second-y2024-04-11
BitgetBitget Blockchain4Youth Unveils COO Apprentice Program to Foster Future Crypto Pioneers Victoria, Seychelles 8 Apr 2024 - Bitget, a leading cryptocurrency exchange and web3 company, is proud to announce the launch of the Bitget COO Apprentice: Web3 Leadership Program in Europe, as a cornerstone of its Blockchain4Youth corporate social responsibility (CSR) initiative. This program is designed to empower and nurture the upcoming cadre of crypto pioneers, equipping them with essential skills and experiences, enabling these potential leaders to excel and innovate2024-04-08
Press releaseBitget Introduces Stake-to-Mine Platform PoolX with ChatAI as the first Project Victoria, Seychelles, April 4 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, is excited to unveil PoolX, a pioneering stake-to-mine platform, allowing users to stake specific coins to earn popular tokens in a seamless and rewarding manner. Kicking off with the ChatAI project, PoolX features an AI-driven social and gaming platform on the Solana blockchain. Each PoolX project will feature one or more mining pools, with token rewards distributed hourly based on2024-04-04
Press releaseBitget Partners with Matrixport's Cactus Custody to Enhance Institutional Crypto Asset Security Victoria, Seychelles, 4 Apr 2024 — Bitget, the world's leading crypto exchange and web3 company, has announced a partnership with Cactus Custody, a subsidiary of Matrixport, to offer Oasis fund custody services and off-exchange settlement services. In a strategic move to better address institutional clients' needs for secure management of digital assets, the collaboration not only minimizes counterparty risks associated with exchange trading but also provides an effective tool for ca2024-04-04
Trading botsBitget Launches Customizable Leverage and Margin Modes for Futures Copy Trading We are delighted to offer customizable leverage and margin settings, boosting flexibility and control in futures copy trading. Here is your comprehensive guide to these latest updates. Futures Copy Trading with Bitget Since our establishment in 2018, Bitget has grown into the leading crypto derivatives trading platform, offering innovative products and services tailored to the needs of our diverse user base. Our customer orientation is based on integrity, transparency, and the preservation of2024-04-04
Press releaseBitget Partners with Onramp Money For Seamless Fiat-to-Crypto Transactions Across 5 Local Currencies Victoria, Seychelles, 3rd April 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced its strategic partnership with Onramp Money, the leading crypto payment solution provider. With the integration, Bitget users can now buy and sell crypto using various local currencies. This collaboration brings significant improvements for users interacting with digital assets, enabling seamless conversion between fiat and crypto instantaneously. Users can buy cryptof with2024-04-03
BitgetBitget's March 2024 Protection Fund Valuation Surges Beyond 612 Million VICTORIA, Seychelles, 2024 April 5 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has recently disclosed its March 2024 Protection Fund Valuation Report. The report reveals a remarkable achievement as the fund reached its pinnacle with an unprecedented valuation of over 612 million on March 13th. This underscores Bitget's unwavering commitment to ensuring the security and protection of its users' assets. In the landscape of cryp2024-04-03
Press releaseBitget lists Ethena (ENA) Ethereum-based Synthetic Dollar Protocol on Launchpool Victoria, Seychelles, April 1st, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of Ethena (ENA) token, the governance token for Ethena, which is the protocol for the synthetic crypto-native dollar. The token is available on Launchpool, where users can stake BGB and USDT to farm ENA. As a synthetic dollar protocol built on Ethereum, Ethena provides a crypto-native solution for money without relying on traditional banking system infrastruc2024-04-01
Press releaseBitget Research Report Unveils 1.5 Million Daily Active Crypto Traders in Western European Victoria, Seychelles, March 28, 2024 — Bitget Research, the research arm of the world's leading cryptocurrency exchange and Web3 company, has released a report analyzing the structure and the current landscape of the cryptocurrency markets of Western Europe. The region showcases characteristics such as large cryptocurrency trading volumes, high DeFi activity levels, a responsible and regulated approach, and relatively lower usage of P2P trading. Key takeaways: The number of loca2024-03-28
FiatBuy Bitcoin and Win Big with Bitget's Card On-ramp Service Anniversary It's been an exciting year since we launched our Credit/Debit Card gateway, and what a journey it's been! Over this year, we've been providing seamless fiat-to-crypto conversions across an array of 140+ fiat currencies and over 700 trading pairs. Our card service for cryptocurrency purchasing has seen phenomenal growth, with transaction volume soaring beyond 280% since its introduction. To celebrate this milestone, we're thrilled to launch a special campaign in line with the highly anti2024-03-26
BitgetBitget Unveils Proof of Reserves (POR) in March 2024: BTC & ETH Assets Surge by 20% VICTORIA, Seychelles, March 22, 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has introduced its latest monthly Proof of Reserves (PoR) report, showcasing its strong dedication to transparency. The report reveals an exceptional total reserve ratio of 173%, with the assets of BTC, ETH, and USDT increasing by over 20%. It emphasizes Bitget's unwavering commitment to ensuring user funds are consistently supported by substantial reserves. With these regular PoR discl2024-03-22
BitgetBitget Wallet Reaches 20 Million Users, Becoming the Fourth Largest Global Web3 Wallet In a significant milestone for the industry, Bitget Wallet, the leading Web3 wallet in Asia, has announced that its global user base has exceeded the 20 million mark, establishing it as the fourth largest wallet worldwide. This achievement coincides with the launch of the platform's token, BWB, alongside a captivating six-week BWB token airdrop campaign, attracting widespread attention within the global community. Harnessing Product Innovation for2024-03-20
Press releaseBitget Unveils Major Campaign to Celebrate One-Year Anniversary of Card On-Ramp Service Victoria, Seychelles, March 19, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, is thrilled to announce a vibrant promotion campaign marking the one-year anniversary of its acclaimed card on-ramp service. The celebration, scheduled to run from March 18 to April 7, promises an exhilarating range of rewards for users looking to engage in the dynamic world of cryptocurrency trading. Enabled by its cutting-edge Credi2024-03-19
Press releaseBitget Launchpool Features PolyHedera Network (ZK) with 200,000 ZK Tokens to Distribute Victoria, Seychelles, March 19, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, will feature PolyHedera Network's ZK token as its 64th Launchpool project. The listing of ZK on Bitget Launchpool enables users to buy in early on the high-potential project at the initial launch. The new token listing is clubbed with giveaways where users can grab a share of 200,000 ZKs under the Launchpool promotion. BGB holders can participate in the ZK tokens promotion directly by st2024-03-19
BitgetBitget Wallet Launches Ecosystem Token BWB with an Airdrop Points Program On March 18th, Bitget Wallet, the leading Web3 wallet in Asia, proudly announced the launch of its official ecosystem token, BWB, along with an innovative BWB Points airdrop event. This marks a significant milestone in the platform's commitment to enhancing user engagement and fostering a vibrant community ecosystem. Introduction of the BWB Token and Its Airdrop Initiative According to the announcement, the total supply of2024-03-18
Press releaseBitget Implements Zero Fee for BTC & ETH Spot Trading to Celebrate Crypto Milestones Victoria, Seychelles, March 18 , 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, is thrilled to announce the launch of a zero-fee trading campaign for BTC/USDT and ETH/USDT spot trading pairs, effective from March 20, 2024, 0:00 (UTC+8). In celebration of the recent all-time highs achieved by Bitcoin and Ethereum, as well as the Bitcoin Halving and Ethereum Dencun Upgrade, Bitget aims to make cryptocurrency trading more accessible and affordable for everyone.2024-03-18
Press releaseBitget’s MD Gracy Chen Invited to Spotlight Gender Equality Initiatives at UN Women’s Commission Victoria, Seychelles, March 15, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, is announcing its participation in the UN Women’s 68th annual Commission on the Status of Women (CSW68). The event is the most significant annual gathering on gender equality and women’s empowerment, which is set to take place from March 11 to 22 in New York. Bitget’s Managing Director, Gracy Chen, has been invited to join the event as a delegate to underscore the company’s comm2024-03-15
BitgetBitget Unveils Blockchain4Her Ambassador Program Joined By Female Crypto Leaders Victoria, Seychelles, March 8, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of the Blockchain4Her (B4H) Ambassador Program — a unique project under the Blockchain4Her Initiative, aimed at bolstering inclusiveness in the publicly secure funding opportunities for women. The new program will give aspiring women the chance to act as ambassadors and catalysts for change, encouraging more individuals to join. B2024-03-08
BitgetBitget Monthly Report of February 2024 Introduction In February 2024, the cryptocurrency market experienced a significant uptick in momentum, characterized by notable achievements and increased optimism among investors. The total open interest in Bitcoin (BTC) and Ethereum (ETH) reached new highs, indicating a strong and expanding market engagement. This bullish trend was amplified by the excitement in the AI sector, especially as cryptocurrencies related to this field saw significant increases. This surge was partly fueled by the2024-03-07
Hot EventsBitget Newsletter: March 07, 2024 The content below represents the personal views and opinions of the authors. It should not be considered as investment or financial advice. In what's been a hectic few weeks in the crypto space, we've tried to encapsulate some of the latest stories and narratives to help keep you all up to date. This week we discuss: Spot BTC ETF inflows, Spot Ether ETF delay, EigenLayer’s TVL growth, Bitcoin’s Net Unrealized Profit/Loss (NUPL) and Clearpool ($CPOOL). Bitcoin ETF Inflows It's2024-03-07
Press releaseBitget Wallet now supports the Blast Mainnet, pioneering full ecosystem support as a Web3 wallet The globally leading Web3 trading wallet Bitget Wallet has now integrated support for the Blast Mainnet, making it the first all-in-one Web3 wallet for the Blast ecosystem. Users can effortlessly add and switch mainnets within the wallet with just one click, without the need for manual configuration. This integration enables users to manage, transfer, swap, and interact on one of the largest L2 launches in 2024. Bitget Wallet has aggregated liquidity fro2024-03-01
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