Crypto exchange Bitget plans 60 hires for Dubai office
Cryptocurrency derivatives exchange Bitget plans to expand its operations into the Middle East and is expected to hire up to 60 new team members to support the growth plan. As part of this initiative, the company established a representative office in downtown Dubai, considering the emirate’s attractiveness as a prime hotbed of crypto activity.
Additionally, Bitget is exploring opportunities in Bahrain and the United Arab Emirates (UAE) while considering the establishment of a regional headquarters in the region. The exchange is actively recruiting for new roles after several candidates were already hired for middle- and back-office positions.
Bitget said it has already begun the process of exploring license applications to operate in the target markets. Gaining the necessary regulatory approval is a key priority for the company, as it seeks to establish a strong foothold in the region and open regional offices.
“We hope to scale our Middle East team rapidly to support business growth, with between 30 to 60 hires over the next 2 years or more across the Middle East region. New team members will include various mid-office and back-office functions. We may consider selecting Dubai as an operational hub for the Middle East market. This move is not just about business, it is about our core values, which rest on advancing blockchain and crypto adoption worldwide,” Gracy Chen, Managing Director of Bitget, commented on the announcement.
The expansion into the Middle East represents a strategic step for Bitget as it aims to tap into the region’s growing interest in cryptocurrencies and cater to the increasing demand for crypto trading platforms. The move also comes shortly after its launch in Turkey earlier this year, where it now offers fully localized services through its Turkish website, Bitget TR.
Bitget has been scaling its global reach, recently registering as a Virtual Asset Service Provider (VASP) in Poland and securing similar approval in Lithuania. The Singaporean centralized platform, which debuted in 2018, is a diverse crypto exchange that supports spot and futures trading, copy trading, farming and staking services.
Bitget also acts as Juventus official partner and official cryptocurrency exchange partner, and its first-ever sleeve partner. The cryptocurrency derivatives exchange reportedly has 1.6 million registered users in 48 countries and regions including UK, France, Italy, South Korea, Japan, and Russia.
Bitget made headlines last year when it signed the world-renowned soccer player Lionel Messi to become its brand ambassador. Part of his responsibilities is to further introduce Bitget to users, brands, and to organizations worldwide.