Bitget Leads Market Growth with a 28% Increase in Derivatives Trading Volume in January
The leading global cryptocurrency exchange and Web3 company, Bitget, has released its monthly report for January 2024. The report highlights a significant increase in derivative trading volume in January, surpassing the market by 28%, which is quite impressive. According to the latest data published by WuBlockchain, Bitget’s derivative trading volume soared, solidifying its leading position in the industry, even as the market grew by only 1.3%. Additionally, the platform’s spot trading volume increased by 9.4%, exceeding the market’s 2.6% growth.
The report also emphasizes other achievements of Bitget in leading the industry, including the fact that Bitget’s copy traders generated over 2.2 million profitable trades in a single month, bringing in over $15 million in profits. This further solidifies Bitget’s position as a leading copy trading cryptocurrency exchange. In January, the platform attracted 4,400 elite traders and gained over 26,990 new followers.
Bitget conducted an in-depth study on the financing trends in the blockchain startup ecosystem and found significant disparities in financing based on gender. The research revealed that from the first quarter of 2022 to the third quarter of 2023, female-led startups only received 6.34% of the total financing amount. Although the number of female-led startups has slightly decreased since early 2022, their representation has slightly increased from 8.3% in 2022 to 8.6% in the third quarter of 2023.
To address this gap, Bitget launched the Blockchain4Her initiative, allocating $10 million to promote gender diversity and inclusivity in the blockchain industry. The initiative was announced during the Davos Web3 Hub event held in 2024 as part of the World Economic Forum. It aims to enhance the capabilities of female entrepreneurs through various programs, competitions, and awards.
Bitget also released the #MakeItCount 2024 brand campaign, celebrating its second year of collaboration with football legend Lionel Messi. The campaign aligns with Messi’s journey from adversity to glory, aiming to encourage people to surpass their limits, embrace opportunities, and turn difficulties into stepping stones for success.
Furthermore, Bitget conducted an in-depth analysis of changes in employment trends, highlighting the significant migration of banking employees to the crypto industry, with one-third of crypto job seekers coming from traditional banking. This shift signifies that talent recruitment in the crypto industry is driven by high salaries and technological innovation. In order to adapt to the latest market trends and provide high-potential tokens, Bitget also introduced 52 new cryptocurrency assets on its platform.
Bitget
Further reading
Bitget’s latest reserve rate reaches 159%, ensuring continuous protection of user assets
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