Bitget says it made a bunch of notable achievements within the second quarter of this yr — a couple of of which had been highlighted in a transparency report on Tuesday.
Bitget continued to extend its market share within the second quarter
In line with the quarterly replace, its market share elevated additional over the three-month interval to eight.7%.
This interprets to a rise of 1.81%, the second highest among the many prime 5 centralized exchanges. Spot buying and selling exceeded $60 billion in quantity whereas ahead buying and selling exceeded $600 billion.
Bitget is the one CEX that has seen a rise in futures buying and selling quantity this yr after the FTX fiasco, in accordance with Nansen – a blockchain analytics platform.
These disclosures come simply days after the Seychelles-based firm launched “Crypto Loans” to make its lending debut (learn extra).
Copy buying and selling has helped add new elite merchants
Bitget elevated its subscribers by over 85,000 within the second quarter. Copy buying and selling, he added, additionally helped enhance the variety of elite merchants on the platform by 9,033.
“BGB” – its native token outperformed friends unlocking a whopping 23% as buying and selling quantity hit $1.3 million – an 80% enhance. The transparency report additionally signifies:
Demand for BGB is on the rise, with the variety of BGB holders growing by 130% to 305,653 in three months.
Bitget remained dedicated to growth within the second quarter and efficiently registered as a VASP in Poland and Lithuania. It additionally entered Turkey within the second quarter with a brand new web site.
