Bitget grows crypto derivatives trading volumes by 300% YoY

Rick Steves

Bitget was founded in July 2018 and has quickly grown to serve more than 1.8 million customers in 48 countries. The crypto exchange features one of the most successful crypto copy trading platforms.

Bitget has seen its cryptocurrency platform’s trading volume in derivatives reaching an all-time high of 8.69 billion as of 28 February 2022, up over 300% as compared to the previous year, the firm announced.

Ranked fifth globally in terms of its trading volume, according to CoinMarketCap, Bitget’s volumes have been driven by the rapid expansion across global markets. In the past 12 months, Bitget has also grown its user base from 1.1 million to 2 million users worldwide

The firm has been very active in sports sponsorships, namely partnerships with leading football teams and esports associations including Juventus, Galatasaray, PGL and Team Spirit.

One-Click Copy Trade as key driver for growth

The overall favorable 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, including Bitget.

As to this particular crypto trading platform, Bitget has included 171 trading pairs which also facilitated the growth over the last year and continues to drive new users and volumes thanks to its social platform One-Click Copy Trade.

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 most recently deployed its Launchpad in conjunction with BitKeep, a top cryptocurrency wallet with more than six million users globally which offers access to promising crypto projects and signifies Bitget’s official expansion into DeFi and the NFT space.

Last month, Bitget struck a partnership with Turkish clube Galatasaray’s football and basketball teams in which the exchange will be featured on multiple platforms and media assets.

The crypto exchange will be able to leverage the popular sports team to build brand awareness while allowing sports fans and crypto enthusiasts to learn about the thriving crypto space. The digital asset trading platform has recently engaged with major Italian football club Juventus.

Bitget was founded in July 2018 and has quickly grown to serve more than 1.8 million customers in 48 countries. The crypto exchange features one of the most successful crypto copy trading platforms.

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