Bitget Emerges as Finalist for Digital Currency Exchange of the Year Category at Australia’s 2024 Blockies Awards

One of the world’s leading cryptocurrency exchanges and Web3 companies, Bitget, has been named one of the top 12 finalists in the Digital Currency Exchange (DCE) of the Year category at Australia’s 2024 Blockies Awards.

According to an official announcement today, Bitget is among the 12 finalists announced for the category among more than 400 registered crypto exchanges in Australia’s $552 million DCE market.

Bitget, a Key Contender for Australian Blockchain Industry Awards

Following its performance in the crypto industry over the years, Bitget has been acknowledged as a key contender for the Blockies Awards, an annual event celebrating achievements in blockchain and digital technology across Australia. This event is officially known as the Australian Blockchain Industry Awards.

Nonetheless, the Digital Currency Exchange of the Year award recognizes platforms prioritizing seamless transactions, security, compliance, and community engagement. Bitget has been named among the top 12 finalists of this category because of the several feats it has achieved over the past year within the criteria to address the expanding needs of Australia’s crypto market. Notably, winners and shortlists are selected based on major developments in user experience and security standards. 

Bitget offers over 1,000 trading pairs across spot, futures, and margin trading options in Australia. It also provides a $300+ million protection fund to safeguard users in the case of any unforeseen threats and security breaches. 

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In addition, the exchange maintains a high proof-of-reserves ratio to ensure that the platform can serve the market even during major liquidations. The exchange was shortlisted in the DCE of the year category primarily because of its high-standard security, which demonstrates a strong commitment to user safety.

Furthermore, the exchange also excels in terms of user experience as it emphasizes its focus on newcomers and advanced traders in the Australian market, ensuring that there are tangible trading options for everyone. Bitget also has a Pre-Market Trading Platform, where users can gain early access to new popular tokens and projects before public listing.

With its incredible developments, Bitget has become one of the key contenders in the Digital Currency Exchange of the Year category. The award ceremony, scheduled for November 21st in Sydney, will announce the final winner.

Gracy Chen, CEO of Bitget, expressed the team’s delight at the milestone, saying;

“Australia is an important market for us, and it’s gratifying to see Bitget’s efforts being recognized at The Blockies…There’s immense potential to grow the blockchain industry in the region by dialogue and collaboration. The country already has a booming financial infrastructure, and blockchain can only make it better. We at Bitget are happy to be part of Australia’s crypto story.”