Bitget Blog
Bitget Q1 2025 Transparency Report
TLDR;
Bitget recorded $2.08 trillion total trading volume in Q1 2025; Spot trading volume surged 159% QoQ to $387 billion.
Bitget and Bitget Wallet added 19.89 million new users in Q1 2025, increasing its total user base by 20% to over 120 million users in its ecosystem.
Bitget’s Protection Fund grew steadily from $495 million in January to $514 million by March 2025.
Bitget transferred ~$100 million in ETH to Bybit post-hack, demonstrating exchange solidarity and trust-building in cris
2025-04-11
2025-04-11
Top picks
- Bitget Launchpool to list Zora with 26M in Rewards
Victoria, Seychelles, 21 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Zora for spot trading and the launch of an exclusive Launchpool rewards campaign.
Spot trading for Zora will go live on 23 April, 13:00 (UTC) under the ZORA/USDT pair, with withdrawals available on 24 April 2025, 14:00 (UTC). Eligible users can lock BGB and ZORA to grab a share of 26,830,000 ZORA and 3,333,000 ZORA respectively. The Launchpool campaign starts from 232025-04-21
- Bitget Announces Pre-Market Trading for Initia (INIT)
Victoria, Seychelles, 17 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for Initia (INIT), an L1 blockchain that unites appchains to unlock their full value through interwoven infrastructure and aligned economics.
The pre-market trading feature on Bitget facilitates a unique environment for price discovery and liquidity optimization. This structure allows buyers and sellers to negotiate pricing agreements ahead of public tr2025-04-18
- Bitget Burns $130 Million BGB, 2.5% of the Total Token Supply
Victoria, Seychelles, April 17th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has completed the burn for 30 million Bitget Token (BGB) as per its previously shared burn mechanism plan for the quarter. At the time of the burn, this represented a market value of around $130 million and accounts for roughly 2.5% of BGB’s total supply.
Over the past six months, Bitget has destroyed 42.5% of the total BGB supply. This reduction includes 19% from core team holdings, with the 2025-04-17
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- BitgetBitget Q1 2025 Transparency Report TLDR; Bitget recorded $2.08 trillion total trading volume in Q1 2025; Spot trading volume surged 159% QoQ to $387 billion. Bitget and Bitget Wallet added 19.89 million new users in Q1 2025, increasing its total user base by 20% to over 120 million users in its ecosystem. Bitget’s Protection Fund grew steadily from $495 million in January to $514 million by March 2025. Bitget transferred ~$100 million in ETH to Bybit post-hack, demonstrating exchange solidarity and trust-building in cris2025-04-11
- Press releaseBitget Token (BGB) Burn Model Updated with First Quarterly Burn Exceeding 30 Million Tokens Victoria, Seychelles, April 9, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB's quarterly burn amount to its on-chain usage, signifying the token's evolution towards higher transparency, compliance, and sustainable token value. To better reflect the growing integration of BGB across centralized and decentralized e2025-04-09
- Press releaseBitget Launches Bitget Onchain to Give CEX Users Early Access to Promising On-chain Assets Victoria, Seychelles, 7th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, unveils Bitget Onchain — a groundbreaking innovation that bridges the best of CEX and DEX. By combining the speed, security, and simplicity of centralized platforms with direct access to emerging on-chain assets, Bitget Onchain redefines how users discover and trade the next wave of crypto opportunities. Bitget Onchain provides on-chain asset transactions directly on the Bitge2025-04-07
- Press releaseBitget Chief of Legal's Open Letter Highlights Expansion and Regulatory Compliance Plans Victoria, Seychelles, April 7th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has published an open letter by its Chief Legal Officer, Hon Ng, which highlights the exchange's efforts in global regulatory compliance and expansion. The CEX continues to grow in the global crypto market by securing regulatory approvals and expanding its operations. With a strong focus on compliance, Bitget is navigating evolving regulatory landscapes with over eight l2025-04-07
- BitgetA Letter from our CLO: Statement of Commitment to Regulatory Compliance At Bitget, we pride ourselves on being one of the safest and most trusted cryptocurrency exchanges in the world. We were proud to be recognised recently by Forbes as one of the World's Most Trustworthy Crypto Exchanges and Marketplaces. Our commitment to compliance is at the core of our operations as we strive to create a secure environment for our users. As part of this commitment, Bitget has successfully obtained regulatory licenses and approvals around the world tailored to our different bu2025-04-07
Press releaseBitget Secures El Salvador Digital Asset Service Provider (DASP) License After BSP Approval Victoria, Seychelles, 4th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has obtained the Digital Asset Service Provider (DASP) license from El Salvador’s National Commission of Digital Assets (CNAD), expanding its regulatory framework within the country. This development comes after the earlier acquisition of the Bitcoin Services Provider (BSP) license in 2024. El Salvador is one of the pioneering jurisdictions passing comprehensive legislation2025-04-04
Trading botsBitget Futures Titan Leaderboard Round 7: April Signals A Shift — Step In, Move Fast, Access MoreApril brings momentum on top of new beginnings. A quiet signal becomes a surge. Traders who sense the shift early are often the ones who move with precision, stay ahead of the curve, and access the most valuable outcomes. Bitget Futures Titan Leaderboard: Round 7 is now live with a structured and performance-based environment. There is 420,000 USDT in total incentives, daily and weekly leaderboards, real-time ranking updates, and tiered benefits for those who are prepared to move decisively. Whe2025-04-02
Press releaseBitget Celebrates 1.5 million Downloads in February Victoria, Seychelles, 20 March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces its position as the third most downloaded crypto exchange app worldwide in February 2025, according to data from SensorTower. With 1.57 million downloads, the platform trails only Binance and OKX in global rankings, further cementing its role as a key player in the digital asset industry. This milestone follows Bitget’s recent recognition as the #8 most trusted crypto2025-03-20
BitgetBitget February 2025 Transparency Report Introduction February 2025 was a landmark month for Bitget, as the company solidified its position as a trusted leader in the global crypto space. This achievement was highlighted by Bitget’s inclusion in Forbes' list of the Top Trusted Crypto Exchanges, ranking #8—a testament to its continuous efforts in building trust with users through innovative solutions and a commitment to security. The company also marked significant milestones in its EU expansion, securing the Virt2025-03-11
BitgetBitget Transparency Report: 2024 Year in ReviewTLDR; - Expanded user base by 400%, from 20M in January to 100M in December. - Spot trading surged from $160B in Q1 to $600B in Q4; daily volumes doubled to $20B. - $30M investment in the TON blockchain to support GameFi and Tap-to-Earn trends. - BGB surged over 10x, driven by burn mechanisms and enhanced utility. - Gracy Chen became the CEO from Managing Director at Bitget, making her the only female CEO in the top 10 exchanges, Hon Ng joined as a CLO, and Min Lin joined as the CBO. - Gained ap2025-01-23
Press releaseBitget Becomes the Second Largest Crypto Exchange Ecosystem by Userbase Victoria, Seychelles, 2 3rd January 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has released its 2024 transparency report highlighting one of the most successful years the company has experienced since its launch in 2018, emerging as the second-largest exchange ecosystem by user base. Driven by innovation, strategic business decisions, and a strong demand for trustworthy platforms have pushed the ecosystem to expand beyond expectations. The pla2025-01-23
GracyBitget CEO New Year Letter: Propel into New Horizons and Surge through Bullish Tides Dear Bitget Team, Partners, and Users, In the past 2024, we look back on an extraordinary year in the crypto world. It was a year of remarkable milestones: the approval of the Bitcoin spot ETF by the SEC at the start of the year, granting broader access to institutional investors and retail users; Bitcoin’s much-anticipated halving in April, followed by the approval of the2025-01-06
BitgetBitget Prepares for MiCA Compliance with an Upcoming Europe Regional Hub Victoria, Seychelles, 11th December 2024: Bitget, the world's leading cryptocurrency exchange and Web3 company, is exploring the establishment of its Europe regional hub in Lithuania as part of its strategic expansion in the European Union. The move aligns with the EU’s Markets in Crypto-Assets (MiCA) framework, which aims to provide a unified regulatory environment for crypto assets across the region. The company is actively preparing for compliance under the MiCA framework, including2024-12-11
Press releaseBitget Launchpool to list Zora with 26M in Rewards Victoria, Seychelles, 21 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Zora for spot trading and the launch of an exclusive Launchpool rewards campaign. Spot trading for Zora will go live on 23 April, 13:00 (UTC) under the ZORA/USDT pair, with withdrawals available on 24 April 2025, 14:00 (UTC). Eligible users can lock BGB and ZORA to grab a share of 26,830,000 ZORA and 3,333,000 ZORA respectively. The Launchpool campaign starts from 232025-04-21
Press releaseBitget Announces Pre-Market Trading for Initia (INIT) Victoria, Seychelles, 17 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for Initia (INIT), an L1 blockchain that unites appchains to unlock their full value through interwoven infrastructure and aligned economics. The pre-market trading feature on Bitget facilitates a unique environment for price discovery and liquidity optimization. This structure allows buyers and sellers to negotiate pricing agreements ahead of public tr2025-04-18
Press releaseBitget Burns $130 Million BGB, 2.5% of the Total Token Supply Victoria, Seychelles, April 17th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has completed the burn for 30 million Bitget Token (BGB) as per its previously shared burn mechanism plan for the quarter. At the time of the burn, this represented a market value of around $130 million and accounts for roughly 2.5% of BGB’s total supply. Over the past six months, Bitget has destroyed 42.5% of the total BGB supply. This reduction includes 19% from core team holdings, with the2025-04-17
Hot EventsHot Airdrops This Week: PAWS on CandyBomb, GM on Launchpool & WCT on PoolX! Hi Bitgetters, welcome to this blog post of collection of interesting airdrops, special in the Southeast Asia region for the period of April 17, 2025. You are in the right place and at the right time, because there are many interesting airdrops from trending crypto assets such as PAWS, WCT, GM—and of course— BGB, coming this week. There are a total of 140 million PAWS tokens up for grabs on CandyBomb, 15.4 million GM tokens on Launchpool, 565 estimated APR WCT tokens on PoolX and many more! In2025-04-17
Press releaseBitget Launches Industry-First On-Chain Affiliate Program with 40% Rebates to Support Content Creators Victoria, Seychelles, 16 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched a groundbreaking addition to its affiliate program: the first-ever on-chain affiliate initiative in the crypto exchange sector, offering partners up to 40% in rebates alongside existing commission structures. This innovative program bridges centralized (CEX) and decentralized (DEX) trading ecosystems, empowering affiliates to seamlessly monetize their in2025-04-16
Press releaseBitget Launchpool to Introduce GOMBLE (GM) with 15M tokens in Rewards Victoria, Seychelles, 16 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, announced the listing of GOMBLE (GM) for spot trading and the launch of an exclusive Launchpool rewards campaign. Spot trading for Gomble will go live on 16 April 2025, 10:30 (UTC) under the GM/USDT pair, with deposits already available and withdrawals available on 17 April 2025, 11:30 (UTC). Eligible users can lock BGB to grab a share of 15,454,000 GM during the Launchpool2025-04-16
Crypto trendsWhat's on Bitget Leaders' Bookshelves? The Books That Inspire Bitget’s Leaders At Bitget, we believe the best ideas often come from the pages of great books. For World Book Day, we asked three of our leaders to share the reads that shape their thinking—the ones they return to again and again. No jargon, no fluff—just genuine recommendations that might spark your next great idea too. Gracy Chen, CEO – Building the Future Gracy’s book choices reflect her unique perspective—where deep crypto knowledge meets sharp business strategy.2025-04-16
Crypto trends10 Must-Read Crypto Books for 2025: Flip the Page, Build the Future "The best traders and builders don’t just predict the future—they read it." This World Book Day, Bitget bridges the gap between literature and blockchain by spotlighting the books that shaped crypto’s revolution. Whether you’re a trader, builder, or curious learner, these 10 essential reads will equip you with the knowledge to navigate—and even shape—the digital asset landscape in 2025 and beyond. The Builder's Library 1. Mastering Bitcoin by Andreas M. Antonopoulos For: The technically curio2025-04-16
Press releaseBitget Unveils New Ad Featuring FC Barcelona Star Raphinha to Champion Smarter Crypto Solutions Victoria, Seychelles, April 15, 2025 – Bitget, the leading cryptocurrency exchange, and Web3 company, is kicking off a dynamic new campaign with LALIGA, featuring Barcelona's electrifying winger Raphinha. The new collaboration highlights Bitget's innovative trading products— Copy Trading, Launchpool, and Pre-market—drawing a clever parallel between the precision of elite football and the strategy behind smart crypto trading via a series of videos that will be launched throughout the month of2025-04-15- Press releaseBitget Ecosystem Adds 20 Million New Users in Q1, Amid 159% Spot Market Surge on the Platform Victoria, Seychelles, 11th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, Bitget ended the first quarter of 2025 with $2.08 trillion in total trading volume, driven by a sharp 159% increase in spot trading, which reached $387 billion. The spike came amid heightened market participation and sustained momentum across new listings and core product lines. User growth remained strong. Bitget added 4.89 million users on its CEX platform and 15 m2025-04-14
Press releaseBitget Lists Wayfinder Adding it to Spot Trading Victoria, Seychelles, 11 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Wayfinder (PROMPT). Wayfinder is an AI and blockchain project aimed at building autonomous on-chain agents that can interact with dApps on behalf of users. Spot trading begins 10 April 2025, 13:00 (UTC), with withdrawals available 11 April 2025, 14:00 (UTC). Wayfinder was born from a vision to bring smart, always-on agents to the world of Web3. The2025-04-11
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