Crypto exchange BitGet now has over 45 million registered users worldwide, while the platform’s global user base has increased by 400% since 2023.
BitGet CEO Gracy Chen announced the figures as the platform enters its sixth year of operation.
This year alone, exchange rate growth in Africa has increased by 1,614%. BitGet’s user base in South Asia and Southeast Asia also grew by 729% and 216% respectively.
In the first half of 2024, net asset inflows on BitGet amounted to $779 million. The platform’s daily trading volume is also currently worth more than $10 billion, while monthly visits surpass 30 million.
The exchange say newly launched products helped boost business on the platform.
“Among them, PoolX has launched more than 60 popular projects within three months and helped increase revenue for more than 350,000 users. Pre-market trading attracted more than 35,000 traders to participate, further enhancing platform activity.”
Binance still has the lion’s share of digital asset users. In June, the largest cryptocurrency exchange by daily trading volume revealed that its global users reached 200 million, representing more than a third of all cryptocurrency holders in the world.
Binance has onboarded 40 million users in 2023 and at least 30 million more in the first half of 2024. Based on these figures, the crypto titan says it is on track to reach 300 million users by 2026.
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