Victoria, Seychelles — Leading cryptocurrency exchange and Web3 company Bitget has released its monthly transparency report, highlighting strong performance in November 2024. The crypto market surged significantly, with Bitcoin prices exceeding $106,000. Bitget mirrored this all-time high (ATH) trend, as its native token BGB rose from $1.44 to $1.70—an 18% increase. This growth was driven by global expansion, increased trading volume, user engagement, and platform security, propelling Bitget to third place globally for futures trading.
Key Metrics and Growth Highlights
Bitget serves over 45 million users, with a daily trading volume of $10 billion. Notable achievements include:
- USDT-M Futures Volume: Soared to $16 billion daily
- Spot Trading Volume: Doubled to $400 million daily
- Protection Fund: Expanded from $400 million to over $600 million, enhancing platform security and user confidence
Top-Performing Tokens
November's standout spot tokens on Bitget showcased remarkable growth:
| Token | Growth Rate |
|---|---|
| UNICE | 2666.71% |
| 12 others | Listed via Poolx/Pre-market |
Strategic Initiatives
Blockchain4Her: "Pitch n’ Slay" Event
Hosted in Bangkok, this competition under Bitget’s Blockchain4Her initiative provided female blockchain entrepreneurs with mentorship, funding opportunities, and up to $100,000 in capital from Foresight Ventures. The event underscored Bitget’s commitment to diversity and inclusion in Web3.
Vietnam Dong Bank Transfers
Bitget launched VND bank transfers, enabling users to:
- Deposit via VietQR
- Withdraw via bank transfers
- Purchase major cryptocurrencies (BTC, ETH, USDT, SOL, BGB) through cash conversion
Bitget Wallet Upgrades
The wallet introduced a memecoin trading toolkit, featuring:
- Cross-chain trading capabilities
- Token discovery and analytics tools
- Refer2Earn passive income program
A $20 million developer support program was also launched to foster innovation in Telegram’s ecosystem.
About Bitget
Founded in 2018, Bitget is a top-tier cryptocurrency exchange and Web3 innovator operating in 150+ countries. Key features:
- Copy Trading: Pioneering social trading solutions
- Bitget Wallet: Multi-chain Web3 wallet with NFT marketplace and DApp browser
- Partnerships: Official crypto partner of La Liga (East Asia, SEA, LATAM) and Turkish athletes like Buse Tosun Çavuşoğlu (wrestling champion)
👉 Explore Bitget’s latest developments
FAQs
Q1: How does Bitget ensure platform security?
A1: Bitget’s Protection Fund exceeds $600 million, with robust risk management protocols and regular security audits.
Q2: What makes BGB a valuable token?
A2: BGB offers utility across Bitget’s ecosystem, including fee discounts and exclusive event access, backed by the exchange’s growth metrics.
Q3: How can users in Vietnam leverage Bitget’s new services?
A3: Vietnamese users can deposit/withdraw VND via VietQR and trade major cryptocurrencies seamlessly.
Q4: What is Blockchain4Her?
A4: Bitget’s initiative to support women in blockchain through funding, education, and networking opportunities.
Q5: Which tokens performed best on Bitget in November?
A5: UNICE led with 2666% growth, followed by 12 other tokens listed via Poolx/Pre-market.