Bitget Surpasses OKX, Joins Top 3 Crypto Futures Platforms

• Bitget achieves record $1.51 trillion in trading volume and surpasses 45 million users.
• The exchange overtakes OKX to become one of the top three crypto futures platforms.
• Bitget sees significant global expansion, with a 100% increase in user nationality representation.

Bitget cryptocurrency exchange has hit a new milestone with record-breaking trading volumes, open interest, and Daily Active Users (DAUs).

The surge in activity comes as the global crypto market continues to rebound, positioning Bitget among the top three leading platforms for Futures trading, according to recent data from CoinGecko. Notably, Bitget overtook the third position from the OKX exchange.

Bitget Trading Volume Record

The exchange saw a significant rise in derivatives trading, with the total volume reaching $1.51 trillion, a 1.7% increase in the past 24 hours alone. This shows Bitget’s ability to grow and meet the rising demand in the crypto Futures space.

Because institutional and retail traders increasingly seek efficient hedging and leverage opportunities, Bitget has become a popular platform for derivatives trading.

Bitget’s Success

Gracy Chen, CEO of Bitget, shared her excitement about the company’s recent achievements. She stated that reaching an all-time high in trading volumes and user activity reflects the hard work of the company’s 1,500-strong team.

In the past year, Bitget’s user base grew from 20 million to 45 million, a growth that Chen attributes to the trust and credibility the exchange has built with its users. This success, she noted, is a result of Bitget’s commitment to maintaining a secure and transparent platform while delivering the best possible experience.

Currently, Bitget offers over 900 listed tokens and boasts over $10 billion in daily trading volume. The platform has also recorded $77 billion in Futures trading volume within a 24-hour period.

Between November 2023 and November 2024, Bitget experienced significant growth on multiple fronts. The exchange’s employee base expanded by 6.7%. Additionally, it now serves over 200 regions, and has doubled the number of nationalities among its users.

The number of professional traders on Bitget has also grown from 120,000 to 190,000 in the last year.

Bitget attributes its success in the global derivatives market to the growing appeal of Futures trading and the increasing integration of decentralized finance (DeFi) with centralized finance (CeFi).