Bitget is in third place among the most downloaded CEX apps

Victoria, Seychelles, November 14, 2024 – Bitget, a Web3 company and one of the leading cryptocurrency exchanges, presents data revealing Bitget as the third most downloaded centralized exchange (CEX) app worldwide. In this highly competitive sector, Bitget ranks just after Binance and OKX, indicating its strong position among cryptocurrency exchanges, according to data released by Data.ai in October 2024. The impressive number of downloads testifies to the platform’s growing user base, as highlighted in the third-quarter report.

Available on both Google Play and Apple’s App Store, last month the exchange’s app recorded as many as 1.92 million downloads, ranking third worldwide in terms of downloads among CEX. Bitget’s commitment to providing advanced trading options, including Futures, Spot trading, and staking, has played a key role in attracting a diverse user base from multiple territories. This increase in downloads from mobile devices is a clear indicator of Bitget’s growing reach, as well as highlighting the effectiveness of its “mobile first” approach to promoting accessibility.

“It is rewarding to see how Bitget has reached such a large and growing community. Our goal has always been to make trading more accessible and reliable for everyone. This milestone demonstrates the trust that users place in us; as we continue to grow, we are committed to listening, adapting, and providing a platform that truly supports their journey in the crypto space”,

stated Gracy Chen, CEO di Bitget.

Currently, Bitget is one of the main figures in the crypto derivatives sector. Along with the high number of downloads, according to Coingecko Bitget is among the top five exchanges in the world in terms of open interest and trading volume. This result places Bitget Futures alongside important names like Binance Futures, OrangeX Futures, Bybit Futures, and BYDFi.

Bitget’s strategic focus on expanding its derivatives offering has allowed it to attract a constantly growing user base. As the regulatory landscape continues to change and exchanges face challenges related to compliance, Bitget’s ability to adapt and cope with these changes has helped increase its popularity among a diverse range of traders.

The constant growth of Bitget and its focus on the derivatives market are part of its main strategy, which has also started to promote Spot trading, boasting over 900 tokens available on the platform. The exchange’s ability to maintain a constant number of app downloads and its strategic positioning in derivatives trading, along with its expansion into various segments, have stimulated its demand. As Bitget continues to expand and improve its offerings, its growth is directed towards increasing the adoption of the global crypto ecosystem.

About Bitget

Founded in 2018, Bitget is a Web3 company among the leading cryptocurrency exchanges in the world. With over 45 million users in more than 150 countries and regions, the Bitget exchange is committed to helping users trade more smartly with its pioneering copy trading feature and other trading solutions, while providing real-time access to the Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a high-level multi-chain crypto wallet offering comprehensive Web3 solutions and features, including a wallet, token swaps, an NFT marketplace, a dApp browser, and much more.

Bitget is at the forefront in promoting the adoption of cryptocurrencies through strategic partnerships, such as being the official crypto partner in the EASTERN, SEA, and LATAM markets of the world’s most important football championship, LALIGA. It is also a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (world wrestling champion), Samet Gümüş (gold medalist in boxing), and İlkin Aydın (national volleyball player), inspiring the global community to embrace the future of criptovalute.

Risk Warning: the prices of digital assets can fluctuate and are subject to a certain volatility. Invest only what you can afford to lose. The value of your investment could be compromised and you may not achieve your financial goals or recover your initial investment. We recommend always consulting an independent financial advisor and considering your experience and financial situation. Past results are not a reliable measure of future results. Bitget is not responsible for any losses incurred by the user. Nothing in this text should be interpreted as financial advice.