The trading volume on the spot and futures markets of the Bitget cryptocurrency exchange in the first quarter of 2024 increased by 100% and 146%, respectively, and the value of the Bitget Token (BGB) increased by more than 80%. This is reported in the exchange's report.
Since the beginning of the year, Bitget has listed 186 new crypto assets and distributed tokens for seven projects through the Launchpool platform. The number of users of the platform exceeded 25 million, and BGB reached a historic high of $1.15.
In addition, Bitget launched the Blockchain4Her ambassador program and celebrated the second year of cooperation with football player Lionel Messi.
Due to the revival of the market, the exchange removed commissions in BTC/USDT and ETH/USDT pairs until May 20.
Summary results of the first quarter of 2024. Data: Bitget."There were many significant events in the first quarter of 2024, including the approval of the bitcoin ETF and the renewal of the historical maximum. The data from the report also shows the impressive growth of Bitget. This year, we will redouble our efforts to expand our offerings in the spot markets.
We strive not only to strengthen our position in the market, but also to make a huge contribution to the development of the cryptocurrency ecosystem by supporting startups with great potential," commented Bitget Managing Director Gracie Chen.
The platform also announced the appointment of Vugar Ushi Zadeh and Alvin Kahn as chief operating Officers of Bitget and Bitget Wallet, respectively. According to Gracie Chen, they have extensive experience and strategic vision that will contribute to global growth and innovation in the exchange ecosystem.
Bitget is a cryptocurrency exchange that has been operating since 2018 and provides services for spot and futures trading, as well as margin lending.
Earlier, ForkLog published an interview with Bitget COO Vugar Usi Zade about expansion in the CIS and Ukrainian markets, marketing activities and the main directions of the exchange's development.