Bitget Monthly Transparency Report: July 2025
July 2025 is a milestone month for Bitget, showcasing accelerated growth, groundbreaking collaborations, and deep advancements in mainstream culture and cutting-edge technology. We not only executed the Q2 BGB token burn but also partnered with Mastercard to launch a zero-fee crypto card, continually enriching our product matrix and enhancing user convenience.
As the exclusive Web3 partner of the UNTOLD Music Festival, we successfully built a bridge between blockchain and global pop culture; at the same time, the “KCGI 2025 Team Competition” injected energy into the global community with an unprecedented prize pool. In terms of growth, our user base has surpassed 120 million, with open interest in contracts consistently ranking among the top three globally, and the inflow of institutional funds further solidifying our market position. We participated in major international events such as the German MotoGP and Malaysia Blockchain Week, continuously demonstrating Bitget’s leadership in sports, culture, and Web3 innovation.
Monthly Highlights
BGB Token Burn Update
Bitget completed the Q2 2025 BGB token burn, removing approximately 30,001,053 BGB tokens. The current total supply and circulation stand at 1,139,992,034.9 tokens. This burn mechanism will continue until the total supply is reduced to 100 million tokens.
Launch of Zero-Fee Crypto Card with Mastercard
Bitget Wallet partnered with Mastercard and Immersve to launch a zero-fee crypto card, initially available in the UK and EU. Users can use this card for immediate cryptocurrency exchanges and settlements at Mastercard-supported merchants.
Official Web3 Partner of UNTOLD Music Festival
Bitget has become the exclusive Web3 partner of the UNTOLD Music Festival in Romania. The collaboration will kick off with UNTOLD X in August and continue through the Dubai event, reaching over 400,000 music fans.
KCGI 2025 Team Competition Launches with a Prize Pool of 6 Million USDT
The “King’s Cup Global Invitational (KCGI) 2025” team competition has officially commenced, with a total prize pool of 6,000,000 USDT. The event has attracted over 1,300 teams to participate, running from now until August 12.
Data Growth
In July 2025, Bitget’s global registered user count exceeded 120 million, with average open interest in contract trading reaching 8.8 billion USD, consistently placing us among the top three cryptocurrency exchanges globally. At the same time, the total asset size of Bitget Earn surpassed 3.6 billion USD, providing retail users with a wider array of passive income products. On the institutional side, Bitget has recorded historic inflows of funds, demonstrating professional investors’ confidence in our platform’s liquidity and compliance framework.
Strong Capital Inflow
According to DefiLlama’s CEX transparency dashboard, Bitget recorded a net capital inflow of 461.3 million USD in July 2025, ranking fifth among global centralized exchanges. The platform’s total asset size reached 5.66 billion USD, with clean assets totaling 5.62 billion USD, highlighting Bitget’s ongoing commitment to transparent and robust asset management.
Robust Growth of ETH Reserves Reflecting User Trust
As of July 31, 2025, Bitget’s Ethereum reserves reached approximately 211,200 ETH, a significant increase from around 130,000 ETH in mid-April. This growth reflects an enhanced trust from users in Bitget’s custodial assets and symbolizes a more substantial liquidity and capital buffer for the platform.
Increased Futures Trading Activity and Deeper Institutional Participation
According to data from The Block and Coinglass, Bitget ranked among the top three globally for Ethereum futures open interest in July. This trend indicates a rising demand for trading from both institutional and retail investors, thanks to Bitget’s strong trading infrastructure, competitive fees, and seamless user experience.
New Products and Features
GetAgent Sparks Explosive Adoption
Bitget launched its first crypto AI trading assistant, GetAgent, allowing users to place orders and inquiries through chat, executing trades instantly. Within just one month, over 20,000 users joined, averaging more than 15 interactions per day, with a high seven-day retention rate. The estimated token value burned in the first month reached 300,000–500,000 USD.
xStocks Launches Tokenized US Stocks
On July 9, Bitget collaborated with xStocks to launch six US stock tokens, including TSLAx, NVDAx, and AAPLx, on Bitget Onchain, offering 24/7 trading, high transparency, and zero fees.
PayFi Islands Expands Starlink Network Coverage in the Philippines
Bitget is promoting the PayFi Islands project, bringing internet access to Apo Island and Dumaguete ADCD Creative Center through Starlink satellite network, enhancing digital connectivity for rural education and creative workers.
Unified Account Opens to Retail Users
Bitget has officially opened its Unified Account (combining spot, leverage, and futures trading) feature, previously limited to institutions, to eligible retail users, significantly enhancing capital efficiency and operational convenience.
Latest Token Listings
Pump.fun Listed
The native token PUMP of the Solana-based meme coin platform pump.fun is now available for sale, showcasing Bitget’s support for grassroots innovation and meme culture while solidifying its position as the preferred listing platform for hot-selling tokens.
Caldera Listed
The Ethereum rollup platform Caldera has launched on Bitget, emphasizing Bitget’s commitment to supporting scalable Web3 architectures and cross-chain innovations, allowing users to access an efficient L2 ecosystem through strategic listings and reward programs.
Gaia Listed
The decentralized AI infrastructure network Gaia is now available, highlighting Bitget’s support for cutting-edge blockchain and AI technologies, offering users staking rewards, community activities, and a customized advanced experience for AI robots.
Bitget Wallet July Summary
Bitget Wallet Launches Crypto Card with Mastercard
Bitget Wallet collaborated with Mastercard and Immersve to launch a crypto-linked card, enabling users to make physical payments at over 150 million merchants worldwide. This card supports instant conversion of cryptocurrency to fiat and can be immediately linked to mobile wallets. The first wave was launched in the UK and the European Economic Area (EEA), with plans to expand to Latin America and the Asia-Pacific region, marking a significant step in integrating self-custodied crypto assets into daily payments.
Integration of MoonPay for Fiat Withdrawals
Bitget Wallet has introduced fiat withdrawal functionality for the first time through a strategic partnership with MoonPay. Users can now directly sell USDT and USDC within the wallet and exchange them for over 25 fiat currencies, including USD, EUR, and GBP. This withdrawal service eliminates the need to go through centralized exchanges, aligning with Bitget Wallet’s mission to create a “fully self-custodied, one-stop crypto experience.”
Onchain Report Reveals True Trends in Crypto Payments
Bitget Wallet released the third issue of the “Onchain Report,” surveying 4,599 users globally. The results indicate that gaming and travel are the most common application scenarios for crypto payments, particularly favored by Gen Z and millennial users. These insights support Bitget Wallet’s PayFi strategy, encompassing crypto cards, QR payments, and in-app “crypto shopping” features.
MemeScan Launches, Tailored for Meme Coin Trading
In response to the mobile meme coin trading craze, Bitget Wallet launched MemeScan—a professional-grade, mobile-first trading tool. MemeScan offers real-time token scanning, AI risk analysis, and one-click ordering capabilities. The first phase has integrated with Pump.fun and BonkFun, optimized for high-frequency trading, aiming to help mobile users maintain an advantage in the rapidly changing meme market.
Zero Gas Fee Transactions for Solana and TRON
Bitget Wallet upgraded its gas abstraction infrastructure to support zero-fee transfer functions for the two major public chains:
- TRON: USDT transfer fees reduced by 50%, providing the industry’s lowest transfer costs through GetGas.
- Solana: Full gas-free support launched, including swaps and transfers, with each user entitled to up to six free transactions per day, covered by the Paymaster system.
Global Debut at Major Web3 Events
Bitget Wallet is actively expanding its global offline visibility, participating in several major events:
- EthCC (Cannes, France): The team co-hosted a side event to celebrate the official launch of the Bitget Wallet and Mastercard co-branded card.
- Malaysia Blockchain Week
Team Takes the Stage, Showcasing Regional Development Layout
Global Community Gathering: Offline events held in multiple locations further strengthen Bitget Wallet’s grassroots community engagement strategy.
CSR Initiatives
Bitget launches the “Web3 Youth Encyclopedia” to schools, libraries, and more. As part of the global Blockchain4Youth initiative, Bitget officially released the “Web3 Youth Encyclopedia,” taking an important step in promoting blockchain education for the next generation. The encyclopedia is published in both print and digital formats (the digital version is available on CoinGecko) and introduces blockchain concepts in an A to Z format, accompanied by fun illustrations and simple definitions, such as “A for Altcoin” and “Z for Zero-Knowledge Proofs.” The book was co-produced with the educational non-profit organization Cryptita Plays, specifically designed for youth worldwide, particularly those from under-resourced communities with limited internet access, making Web3 education more accessible. This initiative highlights Bitget’s commitment to making blockchain literacy more widespread, engaging, and global.
Bitget expands Starlink-supported “PayFi Islands” program to Negros Oriental, Philippines. Bitget promotes the PayFi Islands program to Negros Oriental, Philippines, providing high-speed Starlink internet to Apo Elementary School and Dumaguete Arts and Design Collective (ADCD), addressing long-standing internet connectivity issues in local education and creative industries. On Apo Island, the only public school will receive digital learning tools and teacher training programs; in Dumaguete, artists and entrepreneurs will benefit from a newly connected makerspace. This deployment continues Bitget’s previous Starlink project in Siargao and is part of the Blockchain4Youth and Blockchain4Her initiatives, embodying Bitget’s mission for digital inclusion and blockchain education.
Global Events
MotoGP German Grand Prix Brand Activation: Igniting Bitget’s Energy at Sachsenring. Bitget made a strong appearance at the MotoGP German Grand Prix held at Sachsenring from July 11 to 13, 2025, showcasing brand power to over 200,000 spectators. This year at the German event, Bitget combined speed and immersive storytelling to bring the brand closer to racing fans, creating a high-exposure and highly interactive on-site experience. The offline brand activation activities included:
Malaysia Blockchain Week 2025. Bitget showcased a vibrant presence at Malaysia Blockchain Week, launching multiple unique brand activation activities throughout the week. Bitget CEO Gracy delivered an impactful speech focusing on how Bitget maintains strong growth and continues to evolve in a rapidly changing market. Meanwhile, Bitget Wallet participated in discussions at the forum, sharing professional insights on sustainable Web3 community building, garnering broad attention from the industry.
Bitget, in collaboration with Pudgy Penguins, held a distinctive Coffee Rave side event, which attracted a large number of participants, creating an excellent venue for communication and community interaction. Limited Bitget merchandise was distributed during the event, further enhancing the sense of community engagement.
As an important part of promoting Women Empowerment (B4H), Bitget organized a dedicated immersive yoga session under the #Blockchain4Her initiative. Led personally by CEO Gracy, this event created an exclusive, safe, and inspiring space for women in the crypto field. This initiative received widespread acclaim for its thoughtful planning and encouraging spirit, further underscoring Bitget’s commitment to diversity and inclusion.
Bitget participates in India Blockchain Tour 2025. Bitget is honored to participate in the India Blockchain Tour 2025, leaving a deep impression in Hyderabad and Ahmedabad. This multi-city tour provided Bitget with a valuable platform to connect with potential partners and engage deeply with the local blockchain community. The tour attracted over 300 attendees across the two cities, further strengthening Bitget’s regional presence in the Indian market. Through face-to-face interactions with industry participants, Bitget not only established more meaningful relationships but also laid a solid foundation for future collaborations. The event took the form of a conference, where Bitget representatives delivered a compelling keynote speech sharing in-depth insights on the future development of the crypto industry and blockchain applications, resonating strongly with attendees and enhancing Bitget’s professional image as an industry leader. A dedicated exhibition area was set up for partners to communicate and showcase their offerings, presenting limited edition Bitget merchandise that successfully attracted a large number of visitors, maintaining a lively interaction atmosphere throughout the day. This significantly increased brand exposure and on-site engagement, further amplifying Bitget’s voice in the local market.
Napul ETH. Bitget showcased a vibrant presence at the emerging Web3 event Napul ETH in Italy, successfully attracting the attention of over 1,000 attendees through high-exposure brand interactions and strategic outreach. Bitget COO Vugar Usi Zade delivered a keynote speech on “Crypto Mass Adoption” and participated in discussions on the integration of CeFi and DeFi, reinforcing Bitget’s leadership position in the rapidly evolving blockchain landscape. One of the highlights of the event was a Bitget-sponsored boat party that gathered local KOLs, builders, and partners, further deepening Bitget’s grassroots connections and strengthening its brand resonance in the European Web3 ecosystem.
Conclusion
The achievements in July highlight Bitget’s ability to continue creating value for users across various dimensions amid rapid expansion, whether in exchange operations and asset transparency or product innovation and global community engagement. Our continued leadership in clean asset ratios, expansion into the real-world payments sector, and strategic collaborations lay a solid foundation for future development. With the arrival of August, the grand opening of UNTOLD X, and the full launch of KCGI 2025, we will continue to promote mass adoption, deepen user trust, and build the infrastructure for the next phase of Web3. The momentum is evident; Bitget is not just keeping pace with the evolution of the industry but is actively shaping it.
About Bitget
Founded in 2018, Bitget is a world-leading cryptocurrency exchange platform and Web 3 company. Currently serving over 120 million users across more than 200 countries and regions, Bitget is dedicated to helping users trade smarter through its innovative “copy trading” feature and other trading solutions, achieving an average daily trading volume of $20 billion and becoming the fourth-largest cryptocurrency exchange globally (based on trading volume).
Bitget Wallet (formerly BitKeep) is a world-class multi-chain crypto wallet offering a range of Web3 solutions and interactive features, integrating wallets, swaps, NFT marketplaces, DApp browsers, and more.
Bitget also encourages the public to embrace cryptocurrency through partnerships with reputable collaborators, including the world’s most prestigious football league LALIGA, legendary footballer Lionel Messi, top Olympic athletes, and official esports event organizers PGL.
Bitget Official Website | X | Instagram
About Bitget Wallet
Bitget Wallet is a leading decentralized Web3 wallet, serving over 80 million users. It supports more than 130 mainstream public chains and millions of crypto assets, providing one-stop asset management, trading, market data, DApp browsing, wealth management, and payment functionalities. The wallet aggregates hundreds of decentralized exchanges and cross-chain bridges, supporting multi-chain interactions. Bitget Wallet has established a $300 million user protection fund to enhance asset security.
Bitget Wallet Official Website | X
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