• Bitget Records Derivatives trading has increased by more than 300 percent

  • Bitget, a leading worldwide cryptocurrency exchange, stated that the platform’s derivative trading volume had achieved an all-time high of $8.69 billion as of February 28, 2022. When compared to the previous year, trading volume has increased by more than 300 percent.

    According to CoinMarketCap, Bitget is ranked sixth in the world in terms of trading volume. The rapid expansion of Bitget’s global marketplaces is primarily responsible for the huge volume rise.

    It is also a logical extension of its user base as a result of relationships with leading football teams and esports organizations such as Juventus, Galatasaray, PGS, and Team Spirit.

    Despite growing regulatory uncertainty and worries, the general favorable climate for the digital asset economy remains a significant component in the stable and rapid growth of global crypto operators globally.

    Bitget’s user base has also increased from 1.1 million to 2 million in the last year. One-Click Copy Trade — the platform’s key feature, which remains popular among traders and a key driver of growth.

    The exchange also features 171 trading pairs, which has aided its rise over the last year.

    “We are happy to be able to achieve this growth in a matter of 12 months,” stated Sandra Lou, CEO of Bitget. This would not have been possible without the Bitget family’s unwavering support. We are excited to introduce additional dynamic investing possibilities to our users and to continue to develop our global community.”

    “This is a momentous moment in the crypto space,” she noted, “and we are thrilled to contribute to the area in the years to come.”

    Bitget’s significant increase in trading volumes can be due to its commitment to offering a first-rate trading experience while also ensuring safe and secure transactions on its platform.

    Furthermore, Bitget just launched its Launchpad in collaboration with BitKeep, a leading cryptocurrency wallet with over six million users worldwide.

    This latest addition to the platform will help the crypto ecosystem by providing access to innovative crypto projects, and it marks Bitget’s official entry into the DeFi and NFT arena.

    Bitget’s Background

    Bitget is a well-known global cryptocurrency exchange that was founded in July 2018. Bitget, which has over 2 million customers in 48 countries, intends to help to the global adoption of decentralized finance.

    Bitget has grown to become the world’s largest crypto copy trading platform because to the success of its main One-Click Copy Trade products since its inception. Bitget was rated third in the world in terms of derivatives volume in January 2022, according to CoinMarketCap.

    Bitget is committed to delivering comprehensive and secure trading solutions to our users globally, in keeping with their aim of better trading and better life.

    Bitget announced its sponsorship of world-renowned football side Juventus as its first-ever sleeve partner in September 2021, and PGL Major’s official eSport crypto partner shortly after.

    Partnerships with Team Spirit, a renowned Russian eSports group, and Galatasaray, Turkey’s leading and longest-running football club, were also announced in early 2022.

    What's your reaction?