Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, March 04 2022 - 11:00
AsiaNet
Bitget Records Over 300% Growth in Derivatives Trading
SINGAPORE, March 3, 2022 /PRNewswire-AsiaNet/ --

-- Reaching all-time high trading volume as of Feb 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, up over 300% as compared to the previous year. Bitget is 
also ranked fifth globally in terms of its trading volume, according to 
CoinMarketCap. The significant growth in volume is largely contributed by the 
rapid expansion of Bitget's global markets, as well as the natural extension of 
its user base following partnerships with leading football teams and esports 
associations including Juventus, Galatasaray, PGL and Team Spirit. 

Photo - https://mma.prnewswire.com/media/1759383/Bitget_Image_1.jpg 

Despite growing regulatory uncertainties and concerns, the overall favourable 
climate for the digital asset economy continues to be a key factor in the 
steady and rapid development of global crypto operators around the world. 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 also 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. 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 decentralised finance on a global scale. Since 
its launch, Bitget has become the world's largest crypto copy trading platform, 
through the gaining popularity of its flagship One-Click Copy Trade products. 
According to CoinmarketCap, Bitget was ranked third globally, in terms of its 
derivatives volume as of January 2022. Adhering closely to our mission of 
Better Trading Better Life, Bitget is committed to providing comprehensive and 
secure trading solutions to our users around the world. In September 2021, 
Bitget announced its sponsorship of world-renowned football team Juventus as 
its first-ever sleeve partner ( 
https://www.juventus.com/en/news/articles/juventus-to-unveil-bitget-as-first-sleeve-partner#:~:text=The%20new%20partner%20is%20Bitget,global%20audience%20that%20Juventus%20reaches.) 
and PGL Major's official eSport crypto partner ( 
https://cointelegraph.com/press-releases/bitget-announces-sponsorship-with-pgl-major-as-its-official-partner 
) soon after. Partnerships with leading Russian eSports organisation 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 bitget.com ( http://bitget.com/ ).

SOURCE: Bitget