Bitget Releases Annual Data: Global User Number Breaks 100 million, 2025 Strategy Focuses on On-Chain Trading and Global Compliance

Bitget recently released the "2024 Transparency Report", revealing the key progress of its ecosystem development. The data shows that the global registered user number of the platform has exceeded 100 million, an increase of 400% from the beginning of 2024, and the daily average trading volume has reached $20 billion, an increase of 100% from the previous year. Among them, the spot trading volume has jumped from $160 billion in Quarter 1 to $600 billion in the fourth quarter, an increase of nearly three times for the whole year.

 

In December 2024, Bitget completed the first BGB token destruction, with a destruction value of over 5 billion US dollars, reducing the total supply of tokens to 1.20 billion and achieving full circulation. The official announced that they will launch a quarterly repurchase and destruction mechanism to further strengthen the deflation model. Regarding the 2025 plan, Xie Jiayin, the head of Bitget's Chinese-speaking market, stated at the shareowner conference that the platform will deepen the application of BGB around three major directions: on-chain transaction scenarios, PayFi payment ecology, and in-app user rights. For example, the platform will launch the gas-free on-chain transaction tool "Bitget Seed" to reduce the threshold for new customer engagement; at the same time, it will optimize token screening through AI algorithms to enhance asset transparency.

 

Compliance layout has become another focus. Bitget has obtained financial licenses in El Salvador, Australia, Italy, Poland, and Lithuania, and launched compliance services in the United Kingdom. The team led by Hon Ng, a global top legal leader selected by the Financial Times, is responsible for regulatory docking to ensure that the platform complies with policy requirements in multiple countries. In addition, the user base of Bitget Wallet (formerly Bitkeep wallet) has exceeded 60 million, becoming one of the core tools for on-chain entry.

 

Xie Jiayin emphasized that the goal for 2025 is to consolidate BGB's market position through technological innovation and community building. In addition to continuously rewarding holders with their rights to participate in new issues and mining, it will also promote BGB's integration into mainstream public chains and DeFi ecosystems, and explore the possibility of landing in payment and consumption scenarios. Market analysis believes that Bitget's comprehensive advantages in user growth, compliance, and deflation mechanisms may provide support for BGB's long-term value.