Bitget Sees Record Growth in 2024 Transparency Report

Bitget 2024 Transparency Report highlights 400% user growth, 100M users, $20B daily trading, and $30M investment in TON.

Bitget, a leading cryptocurrency exchange, has released its 2024 transparency report. Bitget reached its highest trading performance since 2018 last year. It gained the second greatest number of users between its start date and the year’s end. Strong innovation combined with strategic moves and rising demand for safe platforms helped Bitget achieve its success in 2024.

From January 2024, when Bitget had 20 million users, the number of people using the exchange surged during the year to over 100 million by December 2024. The user base expanded by 400% during this period. Trading activities increased by 100% each day to reach $20 billion during this period. While spot trading stayed steady at $160 billion in Q1, it jumped to $600 billion in Q4 of the same year.

The global business strategy helped us expand successfully. South Asian users increased 200% during this period while Southeast Asian users jumped up by 140%. The African region achieved 300% growth in users with 150% growth seen in the CIS region next. Many countries across Europe, Latin America and the Middle East added significant numbers of users to their platforms.

Bitget Invests $30M in TON Blockchain, 2024 Transparency Report Says

During the year, Bitget introduced new tools and services to make trading better. As an example, Bitget first released the ‘Smart Money’ feature in Bitget Wallet to help users study transaction data directly on the blockchain. PoolX brought a new earning option when users mined tokens while the trading platform gave investors ahead-start access.

Alongside these changes, Bitget invested $30 million into The Open Network (TON) blockchain, in harmony with upcoming tech trends involving digital gaming and mobile earnings. Bitget learned fresh markets and growth channels because of TON’s momentum in transactions and app usage.

Bitget’s own token, BGB, increased by 1000% and hit $8 before the year ended. The company used two new helpful ideas to raise its currency value. For example, they changed how they handled token burns and expanded the official document they published.

Bitget also gained major regulatory approvals. The exchange earned official permits in the United Kingdom and El Salvador to process Bitcoin while introducing its services to Vietnam.

On the other hand, the crypto exchange Binance showed robust 2024 user growth. During 2024, Binance signed up 250 million new customers across the world, marking a 47% enhancement from earlier in the year. Both businesses use their exchanges today to build better crypto opportunities through business moves and technical advancements.

Bitget maintains its path to success in 2025 thanks to its remarkable results and user-first strategy which will help it grow alongside major exchanges such as Binance.