Bitget Blog
April 2025 Transparency Report TLDR;
- Bitget recorded a futures trading volume of $757.6 billion in April, marking 17.3% month-on-month growth.
- Total user base has now surpassed 120 million.
- Bitget ranked 3rd by trading volume in April; market share increased to 7.2% while others declined.
- Secured full licensing in El Salvador (DASP + BSP) for both spot and derivatives services.
Introduction
In April 2025, the crypto market experienced significant volatility and a bearish trend. The total market capitalization dropped 
2025-05-16
2025-05-16
Top picks
- Bitget to Support STP (STPT) Token Swap and Rebranding to AWE Network (AWE)Victoria, Seychelles, May 22, 2025 — Bitget, a leading global cryptocurrency exchange and Web3 company, announces its full support for the STP (STPT) token swap and rebranding initiative to AWE Network (AWE). This strategic move aligns with STP’s vision to evolve its ecosystem under the new identity of AWE Network, a decentralized infrastructure focused on enhanced Web3 development and user experience.
As part of this transition, Bitget will facilitate the token swap process and update its tradi2025-05-22
- Bitget Lists BuildOn ($B) adding it to Spot Trading
Victoria, Seychelles, 22 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of BuildOn, adding it to spot trading. BuildOn is built on A2A (Agent-to-Agent) architecture and automates the entire research & investing cycle through on-chain data insights, asset analysis, and personalized strategies. Trading for the B/USDT pair begins today, 22 May 2025, 12:00 (UTC), with withdrawals available 23 May 2025, 13:00 (UTC).
BuildOn combines the power of m2025-05-22
- Bitget Named “Best Cryptocurrency Exchange” at VI Kazan CryptoForumBitget, a leading cryptocurrency exchange and Web3 company, has been recognized as the "Best Cryptocurrency Exchange of 2025" at the 5th Kazan CryptoForum. Several other CIS-based crypto platforms were nominated in this category, but after a thorough analysis and an open vote, the jury ultimately favored Bitget.
"Receiving this award is a great honor and a natural result of our efforts. Our team is actively promoting the brand in the CIS market, and we are already seeing the results of this work2025-05-21
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BitgetBitget Appoints Gracy Chen as CEO VICTORIA, Seychelles, May 21, 2024 — Bitget, the leading cryptocurrency exchange and Web 3 company, today announces the appointment of Gracy Chen as its new Chief Executive Officer (CEO), effective in May 2024, succeeding Sandra Lou, who will be leaving the platform to pursue her own business goals. With over 10 years of experience in business management, marketing, and investment, Gracy proves herself to be a leading female entrepreneur in the crypto world.2024-05-21
BitgetBitget Continues to Safeguard Users with Protection Fund, Valued at $465 Million in Apr 2024 VICTORIA, Seychelles, May 8, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces the updated valuation of its Protection Fund for April 2024. With the highest value at $465 million on April 8th and an average monthly valuation of $428 million, Bitget reinforces its commitment to fortify user security and safeguard its digital assets. As an essential pillar of Bitget's user-centric approach since August 2022, the Protection Fund2024-05-08
BitgetA Year of Knowledge and Engagement: #Blockchain4Youth Celebrates Its First Anniversary Key Highlights: Launched with a commitment to educate and empower the next generation, Blockchain4Youth has been a cornerstone of Bitget’s CSR strategy, driving Web 3.0 adoption among the youth. In our first year, we've engaged over 6,000 participants and partnered with top universities worldwide, delivering more than 50 campus lectures and issuing over 2,000 certificates. Our collaborations with industry leaders and academic institutions underscore our ongoing commitment to advancing b2024-05-06
BitgetBitget Demonstrates Continued Transparency with April 2024 Proof of Reserves Update Victoria, Seychelles May 2, 2024 - Bitget, the world's leading cryptocurrency exchange and Web3 company, reaffirms its commitment to transparency and demonstrates continuous user asset growth with its latest April 2024 Proof of Reserves (PoR) update. The update showcases Bitget's unwavering dedication to maintaining robust reserves, ensuring the security of user assets amidst the dynamic crypto landscape. The April 2024 PoR report reveals a total reserve ratio of2024-04-30
BitgetBitget Transparency Report: Q1 2024 TL;DR ● Bitget now serves 25M users worldwide, futures trading volume increased 146% to US$ 1.4 trillion and spot was also up 100% in Q1 2024. ● Bitget recorded the highest increase in derivatives market share, with a growth of 2.4% in March. ● Supporting crypto communities, Bitget announced a donation of all SLERF trading fees to the community. ● Bitget launched a $10M Blockchain4Her initiative and invited 3 industry leaders as ambassadors. ● Kicked off the second-year partnership with Mess2024-04-11
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BitgetBitget's March 2024 Protection Fund Valuation Surges Beyond 612 Million VICTORIA, Seychelles, 2024 April 5 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has recently disclosed its March 2024 Protection Fund Valuation Report. The report reveals a remarkable achievement as the fund reached its pinnacle with an unprecedented valuation of over 612 million on March 13th. This underscores Bitget's unwavering commitment to ensuring the security and protection of its users' assets. In the landscape of cryp2024-04-03
BitgetBitget Unveils Proof of Reserves (POR) in March 2024: BTC & ETH Assets Surge by 20% VICTORIA, Seychelles, March 22, 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has introduced its latest monthly Proof of Reserves (PoR) report, showcasing its strong dedication to transparency. The report reveals an exceptional total reserve ratio of 173%, with the assets of BTC, ETH, and USDT increasing by over 20%. It emphasizes Bitget's unwavering commitment to ensuring user funds are consistently supported by substantial reserves. With these regular PoR discl2024-03-22
BitgetBitget Wallet Reaches 20 Million Users, Becoming the Fourth Largest Global Web3 Wallet In a significant milestone for the industry, Bitget Wallet, the leading Web3 wallet in Asia, has announced that its global user base has exceeded the 20 million mark, establishing it as the fourth largest wallet worldwide. This achievement coincides with the launch of the platform's token, BWB, alongside a captivating six-week BWB token airdrop campaign, attracting widespread attention within the global community. Harnessing Product Innovation for2024-03-20
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BitgetAirdrop of 50 Million BWB: Official Launch of Bitget Wallet's Ecosystem Token! The moment we've all been eagerly anticipating has finally arrived: the official launch of Bitget Wallet's ecosystem token, BWB! As the foundational asset of the decentralized Bitget Wallet ecosystem, BWB empowers holders with exclusive benefits, including governance rights within our communities and eligibility for future rewards. With a legacy that spans over 5 years and a global user base of more than 19 million, the introduction of BWB marks a significant milestone in the history of Bitget2024-03-18
BitgetBuy KAS / ARB / RNDR / OP / SHIB using credit/debit card with zero fees Starting today, users can enjoy fee-free Buy KAS / ARB / RNDR / OP / SHIB using credit/debit card with zero fees purchases with a credit/debit card for 7 days! Supported fiat: CAD and more (140+ fiat currencies). Buy crypto now! Take advantage of our weekly 0-fees promotions, including Flash Wednesday and Weekend 48-hour offer to buy BTC, USDT, BGB, ETH, USDC, XRP, SEI, CYBER, PEPE1, SOL, DOGE, PYUSD, LTC, BNB, ADA, TRX, MATIC, AVAX, BIGTIME, LINK, NERD, MEMECOIN,2024-03-12
BitgetBitget Unveils Blockchain4Her Ambassador Program Joined By Female Crypto Leaders Victoria, Seychelles, March 8, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of the Blockchain4Her (B4H) Ambassador Program — a unique project under the Blockchain4Her Initiative, aimed at bolstering inclusiveness in the publicly secure funding opportunities for women. The new program will give aspiring women the chance to act as ambassadors and catalysts for change, encouraging more individuals to join.2024-03-08
BitgetBitget Monthly Report of February 2024 Introduction In February 2024, the cryptocurrency market experienced a significant uptick in momentum, characterized by notable achievements and increased optimism among investors. The total open interest in Bitcoin (BTC) and Ethereum (ETH) reached new highs, indicating a strong and expanding market engagement. This bullish trend was amplified by the excitement in the AI sector, especially as cryptocurrencies related to this field saw significant increases. This surge was partly fueled by the2024-03-07
BitgetBitget Unveils Record-Breaking February 2024 Protection Fund Valuation, Peaking at Unprecedented $543 Million VICTORIA, Seychelles, 2024 March 5 — Bitget, the world's leading cryptocurrency exchange and Web3 company, unveiled its February 2024 Protection Fund Valuation Report. According to the report, the fund recorded its highest average monthly valuation, surpassing 461 million, and peaked at an unprecedented 543 million on February 28th. This highlights Bitget's dedication to safeguarding its users. Within the cryptocurrency realm, Bitget's Protection Fund is recognized for its substantial com2024-03-05
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BitgetBitget Partners with Runbot: The Best Crypto Trading Signal BotsIn the fast-paced world of cryptocurrency trading, staying ahead of the curve requires cutting-edge tools and strategies. Runbot.io emerged as a game-changer, offering a comprehensive platform that empowers traders to build, backtest, and automate their trading strategies with unmatched precision and ease. Unlock the Power of Automated Trading Build and Execute with Professional Standards: Runbot.io enables users to craft sophisticated trading strategies without the need for coding. The visual2024-02-27
BitgetNavigating the Canadian Cryptocurrency Tax Landscape Cryptocurrency taxation in Canada encompasses a complex set of rules governed by the Canada Revenue Agency (CRA). The CRA classifies cryptocurrency as a commodity, and as such, it is subject to either Income Tax or Capital Gains Tax, depending on the nature of the transaction. For Bitget users, understanding these aspects of Canadian crypto taxation is vital for compliance and optimizing tax positions. Taxable Crypto Transactions: Cryptocurrency2024-02-22
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