The cryptocurrency exchange BitGet has experienced significant growth, now boasting over 45 million registered users globally. This represents a 400% surge in the platform’s user count since 2023, according to BitGet CEO Gracy Chen.
As BitGet celebrates its sixth year in operation, the exchange has seen remarkable growth rates in various regions. In Africa, user growth has skyrocketed by 1,614%, while South Asia and Southeast Asia have seen increases of 729% and 216%, respectively.
In the first half of 2024, BitGet saw a net inflow of assets totaling $779 million. The platform’s daily trading volume now exceeds $10 billion, with monthly visits surpassing 30 million.
The exchange attributes its growth to the launch of new products that have spurred activity on the platform. For example, PoolX has introduced over 60 popular projects in just three months, benefiting more than 350,000 users. Pre-market trading has also attracted over 35,000 traders, further boosting platform activity.
While BitGet has experienced impressive growth, Binance remains the dominant player in the digital asset space. Binance recently revealed that its global user base has reached 200 million, accounting for more than a third of all cryptocurrency holders worldwide.
In 2023, Binance onboarded 40 million users, with an additional 30 million joining in the first half of 2024. With these numbers in mind, Binance is on track to achieve 300 million users by 2026.
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