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 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
- Bitget Launches Industry-First On-Chain Affiliate Program with 40% Rebates to Support Content Creators
Victoria, Seychelles, 16 April 2025 –
Bitget, the leading cryptocurrency exchange and Web3 company, has launched a groundbreaking addition to its affiliate program: the first-ever
on-chain affiliate initiative in the
crypto exchange sector, offering partners up to
40% in rebates alongside existing commission structures. This innovative program bridges centralized (CEX) and decentralized (DEX) trading ecosystems, empowering affiliates to sea2025-04-16
- Bitget Launchpool to Introduce GOMBLE (GM) with 15M tokens in Rewards
Victoria, Seychelles, 16 April, 2025 –
Bitget, the leading cryptocurrency exchange and Web3 company, announced the listing of GOMBLE (GM) for
spot trading and the launch of an exclusive Launchpool rewards campaign.
Spot trading for Gomble will go live on 16 April 2025, 10:30 (UTC) under the GM/USDT pair, with deposits already available and withdrawals available on 17 April 2025, 11:30 (UTC). Eligible users can lock BGB to grab a share of 15,454,000 GM during the Launchpool2025-04-16
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BitgetCopy Trade Rewards ：Share 100,000 USD Copy trade rewards of the week are ready! Loss compensation, rewards boost are prepared already! There is a total prize pool of 100,000 USD for you to grab your share of, and also a chance to win limited edition co-branded merch. Join now! ⏰ March 20, 2023, 20:00 - March 27, 2023, 20:00 (UTC+8) 1️⃣ Prize Pool: 50,000 USD During the event period, when users’ futures copy trades generate profits, Bitget will reward users with a 30% boost to their profits. Capped at 100 USDT in trading2023-03-20
BitgetTrading Check-in: Win 100 USDT & 100 BGB We are hosting a Futures Trading Check-in Event. Any one trade will get you some rewards! One user may get up to 100 USDT and 100 BGB! The rewards are limited and first-come, first-served. Join now! ⏰ March 20, 2023, 18:00 - March 25, 2023, 18:00 (UTC+8) 🔥🔥 Promotion 1: Check in with futures trades and win 100 USDT During the event, opening or closing a position will each count as a check-in. The rewards will be distributed based on the number of check-ins. Check-ins Reward (Trad2023-03-20
BitgetFor New Users: Deposit to Earn a 20% Rebate We're launching our Exclusive Rewards for New Users ! Trade to earn 10 BGB, and deposit to earn up to 200 USDT in trading bonuses! Join now! 🛎 Eligibility: Users who sign up and complete KYC within the last seven days 🔥Reward 1: Complete a trade to earn 10 BGB Users can get 10 BGB by making a spot trade of any amount. Trade Now 🔥🔥Reward 2: Deposit and earn a 20% rebate Users who complete the following tasks can earn a 20% rebate on their deposit, capped at 200 USDT in trading2023-03-17
Press releaseBitget 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 the2025-04-17
Press releaseBitget Launches Industry-First On-Chain Affiliate Program with 40% Rebates to Support Content Creators Victoria, Seychelles, 16 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched a groundbreaking addition to its affiliate program: the first-ever on-chain affiliate initiative in the crypto exchange sector, offering partners up to 40% in rebates alongside existing commission structures. This innovative program bridges centralized (CEX) and decentralized (DEX) trading ecosystems, empowering affiliates to sea2025-04-16
Press releaseBitget Launchpool to Introduce GOMBLE (GM) with 15M tokens in Rewards Victoria, Seychelles, 16 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, announced the listing of GOMBLE (GM) for spot trading and the launch of an exclusive Launchpool rewards campaign. Spot trading for Gomble will go live on 16 April 2025, 10:30 (UTC) under the GM/USDT pair, with deposits already available and withdrawals available on 17 April 2025, 11:30 (UTC). Eligible users can lock BGB to grab a share of 15,454,000 GM during the Launchpool2025-04-16
Crypto trendsWhat's on Bitget Leaders' Bookshelves? The Books That Inspire Bitget’s Leaders At Bitget, we believe the best ideas often come from the pages of great books. For World Book Day, we asked three of our leaders to share the reads that shape their thinking—the ones they return to again and again. No jargon, no fluff—just genuine recommendations that might spark your next great idea too. Gracy Chen, CEO – Building the Future Gracy’s book choices reflect her unique perspective—where deep crypto knowledge meets sh2025-04-16
Crypto trends10 Must-Read Crypto Books for 2025: Flip the Page, Build the Future "The best traders and builders don’t just predict the future—they read it." This World Book Day, Bitget bridges the gap between literature and blockchain by spotlighting the books that shaped crypto’s revolution. Whether you’re a trader, builder, or curious learner, these 10 essential reads will equip you with the knowledge to navigate—and even shape—the digital asset landscape in 2025 and beyond. The Builder's Library 1. Mastering Bitcoin by Andreas M. Antonopoulos For: The technically curio2025-04-16
Press releaseBitget Unveils New Ad Featuring FC Barcelona Star Raphinha to Champion Smarter Crypto Solutions Victoria, Seychelles, April 15, 2025 – Bitget, the leading cryptocurrency exchange, and Web3 company, is kicking off a dynamic new campaign with LALIGA, featuring Barcelona's electrifying winger Raphinha. The new collaboration highlights Bitget's innovative trading products— Copy Trading, Launchpool, and Pre-market—drawing a clever parallel between the precision of elite football and the strategy behind smart crypto trading via a series of videos that will be launched throughout the month of A2025-04-15- Press releaseBitget Ecosystem Adds 20 Million New Users in Q1, Amid 159% Spot Market Surge on the Platform Victoria, Seychelles, 11th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, Bitget ended the first quarter of 2025 with $2.08 trillion in total trading volume, driven by a sharp 159% increase in spot trading, which reached $387 billion. The spike came amid heightened market participation and sustained momentum across new listings and core product lines. User growth remained strong. Bitget added 4.89 million users o2025-04-11
Press releaseBitget Lists Wayfinder Adding it to Spot Trading Victoria, Seychelles, 11 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Wayfinder (PROMPT). Wayfinder is an AI and blockchain project aimed at building autonomous on-chain agents that can interact with dApps on behalf of users. Spot trading begins 10 April 2025, 13:00 (UTC), with withdrawals available 11 April 2025, 14:00 (UTC). Wayfinder was born from a vision to bring smart, always-on agents to the world of Web3. The2025-04-11
Press releaseBitget lists Babylon adding it to Spot Trading Victoria, Seychelles, April 11, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Babylon (BABY). Baby is a blockchain project focused on enhancing the scalability and security of Proof-of-Stake (PoS) networks by leveraging Bitcoin’s infrastructure. Trading began on 10 April 2025, 10:00 (UTC), with withdrawals available from 11 April 2025, 11:00 (UTC). Babylon is a Layer 1 blockchain introducing native Bitcoin staking, enabling2025-04-11
Press releaseBitget Unified Account Enters Invite-Only Live Trading Phase Victoria, Seychelles, 10 th April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major update to its Unified Accounts function, allowing invited users to do live trading. The feature is designed to support institutional investors and advanced traders in evaluating strategies and experiencing the benefits of the Unified Account set in real-market conditions. The update now provides users with a more efficient real-time trading experience by consolidating2025-04-10
Press releaseBitget will list StakeStone (STO) in the Innovation, DeFi and LSD Zone Victoria, Seychelles, 4 April 2025 – Bitget, the leading cryptocurrency exchange and Web3listedththe listing of StakeStone (STO), decentralized omnichain liquidity infrastructure protocol. Trading for STO/USDT commenced on 3 April 2025 (UTC), 10:30 (UTC). Designed to transform how liquidity is acquired, distributed, and utilized across blockchain ecosystems, StakeStone's core mission is to deliver efficient and sustainable organic liquidity flows that adapt to the needs of an2025-04-04
Press releaseBitget Announces Pre-Market Trading for Babylon (BABY) Victoria, Seychelles, April 3, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for Babylon (BABY), a blockchain project focused on enhancing the scalability and security of Proof-of-Stake (PoS) networks by leveraging Bitcoin’s infrastructure. The pre-market trading feature on Bitget facilitates a unique environment for price discovery and liquidity optimization. This structure allows buyers and sellers to negotiat2025-04-03
Press releaseBitget’s Ramadan Campaign Serves Over 60,000 Meals to Communities in Need Victoria, Seychelles, April 3rd, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has wrapped up its Ramadan charity initiative with an extraordinary milestone: 60,224 meals provided to families and individuals facing food insecurity across multiple regions. What began as a company-led effort quickly grew into a community-wide movement, with Bitget users, employees, and leadership coming together to amplify the campaign's global reach. The initiative started with an 8,000 US2025-04-03
Press releaseBitget Lists Ghiblification (GHIBLI) in the Innovation and Meme Zone Victoria, Seychelles, 28th March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Ghiblification (GHIBLI), a meme token inspired by the warmth, healing and fantasy style of Hayao Miyazaki's animation. Trading of GHIBLI/USDT starts on 27 March 2025, 14:00 (UTC). On 25 March, OpenAI enabled image generation in its flagship chatbot, sparking a viral aesthetic for AI-generated art of Studio Ghibli-style portraits across social medi2025-03-28
Press releaseBitget Expands Institutional Lending Services to Support All Spot Trading Pairs Victoria, Seychelles, March 28, 2025 — Bitget, the leading cryptocurrency exchange and Web3 company, announced a major upgrade to its Institutional Lending service, enabling institutional clients to borrow funds for trading across all spot trading pairs available on the platform. This strategic enhancement empowers institutional users with greater flexibility and capital efficiency as they explore diversified trading strategies. The Institutional Lending pro2025-03-28
Press releaseBitget Lists KiloEx (KILO) in the Innovation and DeFi Zone Victoria, Seychelles, 2 8 th March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of KiloEx (KILO), a DEX focused on risk management and capital efficiency. Trading for KILOI/USDT will commence on 27 March 2025, 13:00 (UTC). KiloEx provides fast trades, real-time market tracking, and a user-friendly interface while offering liquidity providers risk-neutral positions and LP-friendly solutions. The operation of KiloEx (KILO)2025-03-28
Press releaseBitget Lists Walrus (WAL) in the Innovation and Web3 Zone Victoria, Seychelles, 27th March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Walrus (WAL) on its platform. Trading for WAL/USDT will commence on 27 March 2025, 10:00 (UTC), with deposit available now and withdrawal available on 28 March 2025, 11:00 (UTC). Walrus is a decentralized storage network that stores and delivers raw data and media files, including videos, images, and PDFs. Walrus splits data into small pieces and distribu2025-03-27
Press releaseBitget Maintains 213% Reserve Ratio in March 2025 Proof-of-Reserves Update Victoria, Seychelles, 26th March 2025 – Bitget, the leading global cryptocurrency exchange, has released its latest proof-of-reserves report for March 2025, reaffirming its asset transparency and user fund security with a reserve ratio of 213%. The report, timestamped at 10:30 AM (UTC+8) on March 17, shows that the exchange holds more than double the users' total assets across BTC, ETH, USDT, and USDC. The audit, supported by a 27-layer Merkle tree comprising over 37.8 million records, verifies2025-03-26
Press releaseBitget Shifts Gears with Porsche Cup Brasil Sponsorship with Driver Flávio Sampaio Victoria, Seychelles, 26th March 2025 – Bitget, the leading global cryptocurrency exchange, is set to accelerate its presence in the motorsport world as the official sponsor of Driver Flávio Sampaio for the Porsche Cup Brasil 2025. The partnership, which kicks off with the season’s opening race in April 2025, symbolizes the convergence of the ongoing financial evolution and the adrenaline-fueled world of motorsport. The collaboration sets Bitget with Porsche’s legacy of precision and speed, cre2025-03-26
Press releaseBitget Builders Program Accelerates Global Expansion, Hosted Over 60 Events Across 29 Countries Victoria, Seychelles, 25th March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, announced the global expansion of Bitget Builders through a series of offline engagements, educational programs, and strategic community upgrades. The Bitget Builders Program is a pivotal component of the Blockchain4Youth charity project, inviting crypto enthusiasts from various backgrounds to co-build the Bitget ecosystem while unlocking insights, event access, and growth opportuniti2025-03-25
Press releaseBitget Lists Particle Network (PARTI) Adding it to Spot Trading Victoria, Seychelles, 25th March 2025 – Bitget, the leading cryptocurrency exchange, and Web3 company, has announced the listing of Particle Network (PARTI), a modular Layer 1 blockchain designed to address the complexities and fragmentation of the Web3 ecosystem. Trading for PARTI/USDT will commence on 25 March. Launched in 2022, Particle Network initially started as a Wallet Abstraction service provider, enabling users to create smart contract wallets linked to their Web2 s2025-03-25
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