PR Newswire - Forbes Names Bitget Among World's Most Trusted Crypto Exchanges

VICTORIA, Seychelles, Feb. 6, 2025 /PRNewswire/ -- Bitget, a top global cryptocurrency exchange and Web3 innovator, has been ranked #8 on Forbes' 2025 list of the World's Most Trustworthy Crypto Exchanges. This recognition highlights Bitget's rapid growth and user-focused innovations as it solidifies its position as a leader in the digital asset industry.

Growth Highlights

Bitget's user base grew by 400% in 2024, surpassing 100 million registered users by December. Spot trading volume surged from $160 billion in Q1 to $600 billion by year-end, driven by platform upgrades and strategic partnerships. Recent initiatives include collaborations with Turkish national athletes, Spain's legendary LALIGA football league, and the onboarding of key executives to strengthen global operations.

Global Expansion & Compliance

Bitget is accelerating its worldwide presence through localized services, educational programs, and regulatory compliance. The exchange now offers simplified onboarding, local currency support, and region-specific customer assistance. Recent milestones include securing a UK regulatory approval, obtaining a license in El Salvador, and launching a tailored platform in Vietnam.

Market Leadership

According to industry data, Bitget's combined spot and derivatives market share reached 10.5% in 2024, reflecting a 4.05% increase. The Bitget Token (BGB) also outperformed expectations, rising over 1,000% in value last year. Plans to expand BGB's utility—including supply reductions and new ecosystem integrations—aim to sustain long-term growth for users.

Trust

Bitget provides proof of reserves and a $600 million Protection Fund, the largest self-funded safeguard in the industry. Its inclusion on Forbes' list underscores its reputation for reliability and innovation.

About Bitget

Founded in 2018, Bitget serves over 100 million users across 150+ countries. The platform offers smart trading tools, real-time market access, and Bitget Wallet, a leading multi-chain Web3 solution for swaps, NFTs, and decentralized apps. Bitget's partnerships with sports leagues and athletes aim to inspire broader crypto adoption worldwide.

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Risk Notice: Cryptocurrency investments carry volatility and risk. Investors should assess their financial capacity and seek independent advice. Past performance does not guarantee future results.