Bitget Records Over 300% Growth in Derivatives Trading

[Singapore, March 3, 2022] — Leading global cryptocurrency exchange, Bitget, announced that the platform’s trading volume in derivatives has reached an all-time high of $8.69 billion as of 28 February 2022. The trading volume is up over 300% compared to the previous year.

Bitget is ranked fifth globally in terms of its trading volume, according to CoinMarketCap. The significant volume growth is contributed mainly by the rapid expansion of Bitget’s global markets.

It is also the natural extension of its user base following partnerships with leading football teams and esports associations, including Juventus, Galatasaray, PGS, and Team Spirit. 

Despite growing regulatory uncertainties and concerns, the overall favorable climate for the digital asset economy continues to be a critical factor in the steady and rapid development of global crypto operators worldwide.

In the past 12 months, Bitget has also grown its user base from 1.1 million to 2 million users worldwide. One-Click Copy Trade – the key feature offered by the platform continues to be popular among traders and remains the key driver of growth.

The exchange has also included 171 trading pairs, which facilitated the growth over the last year. 

Sandra Lou, CEO of Bitget, said, “We are thrilled to be able to achieve this growth in a span of 12 months. This would not have been possible without the dedicated support of the Bitget family. We look forward to introducing more dynamic investment options to our users and continuing to grow our community from all corners of the world.”

She added that “this is a monumental moment in the crypto space and we are eager to further contribute to the space in the years to come.” 

Bitget’s notable growth in trading volumes can be attributed to its dedication to providing a top-notch trading experience in addition to ensuring safe and secure transactions on its platform.

Moreover, Bitget most recently deployed its Launchpad in conjunction with BitKeep, a top cryptocurrency wallet with more than six million users globally.

This latest addition to the platform will further support the crypto ecosystem by offering access to promising crypto projects and signifies Bitget’s official expansion into DeFi and the NFT space.

About Bitget

Bitget is a leading global cryptocurrency exchange established in July 2018. Serving more than 2 million customers in 48 countries, Bitget aims to contribute to the adoption of decentralized finance on a global scale.

Since its launch, Bitget has become the world’s largest crypto copy trading platform by gaining the popularity of its flagship One-Click Copy Trade products. According to CoinMarketCap, Bitget was ranked third globally in terms of its derivatives volume in January 2022.

Adhering closely to their mission of better trading and better life, Bitget is committed to providing comprehensive and secure trading solutions to our users worldwide.

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

Partnerships with leading Russian eSports organization Team Spirit and Turkey’s leading and long-standing football club, Galatasaray, were also announced in early 2022.

For more details about Bitget, please visit their website.

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