Bitget Blog
Bitget Q1 2025 Transparency Report
TLDR;
Bitget recorded $2.08 trillion total trading volume in Q1 2025; Spot trading volume surged 159% QoQ to $387 billion.
Bitget and Bitget Wallet added 19.89 million new users in Q1 2025, increasing its total user base by 20% to over 120 million users in its ecosystem.
Bitget’s Protection Fund grew steadily from $495 million in January to $514 million by March 2025.
Bitget transferred ~$100 million in ETH to Bybit 
2025-04-11
2025-04-11
Top picks
- Bitget Launchpool to list Zora with 26M in Rewards
Victoria, Seychelles, 21 April, 2025 –
Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Zora for spot trading and the launch of an exclusive Launchpool rewards campaign.
Spot trading for Zora will go live on 23 April, 13:00 (UTC) under the ZORA/USDT pair, with withdrawals available on 24 April 2025, 14:00 (UTC). Eligible users can lock BGB and ZORA to grab a share of 26,830,000 ZORA and 3,333,000 ZORA respectively. The Launchpool camp2025-04-21
- Bitget Announces Pre-Market Trading for Initia (INIT)
Victoria, Seychelles, 17 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced to start pre-market trading for Initia (INIT), an L1 blockchain that unites appchains to unlock their full value through interwoven infrastructure and aligned economics.
The pre-market trading feature on Bitget facilitates a unique environment for price discovery and liquidity optimization. This structure allows buyers and sellers to negotiate pricing agreements ahead of public tr2025-04-18
- Bitget Burns $130 Million BGB, 2.5% of the Total Token Supply
Victoria, Seychelles, April 17th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has completed the burn for 30 million Bitget Token (BGB) as per its previously shared burn mechanism plan for the quarter. At the time of the burn, this represented a market value of around $130 million and accounts for roughly 2.5% of BGB’s total supply.
Over the past six months, Bitget has destroyed 42.5% of the total BGB supply. This reduction includes 19% from core team holdings, with the 2025-04-17
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Press releaseBitget partners with Copper to offer institutional clients off-exchange settlement Victoria, Seychelles, May 25, 2023 – Bitget, a top crypto derivatives and copy trading platform, announced that it would partner with Copper, the leading digital asset custody provider, to introduce an off-exchange settlement solution. It enables institutional clients to trade and settle in near real-time across exchanges while mitigating counterparty risk and increasing capital efficiency. Bitget will become the sixth major exchange this year to integrate with Copp2023-05-25
Press releaseBitget Joins ‘Shark Tank of Web3’ Killer Whales as an Official Search Partner As a search partner, the exchange will host a global campaign to procure talent for Killer Whales. Today, Bitget, a leading crypto derivatives and copy trading platform, is thrilled to announce its partnership with HELLO Labs, a web3 entertainment company, as the Search Partner for the highly anticipated show, Killer Whales. The show, a dynamic TV production in the style of Shark Tank, tailored for the web3 ecosystem, is set to captivate audiences worldwide when it airs later this year.2023-05-18
Press releaseBitget Pledges $10 Million to Foster Fetch.ai EcosystemVictoria, Seychelles, April 27th, 2023 — Bitget, top crypto derivatives and copy trading platform, announced that it reached a strategic partnership with Fetch.ai, a leading artificial intelligence (AI) blockchain platform, and it will be pledging $10 million in backing to the Fetch.ai ecosystem. The announcement comes as the exchange launched a massive fund aimed at supporting promising startups with subsequent listing on the native Launchpad. The recent hype on AI kicked off by ChatGPT allows2023-04-27
Press releaseBitget’s Native Token BGB to be Listed on Bitfinex, Driving Liquidity and Accessibility Victoria , Seychelles, April 24 , 2023 – Bitget, the largest crypto copy trading platform, announced that its native platform token BGB will be listed on Bitfinex, driving liquidity and accessibility while increasing its value and utility. The supported trading pair is BGB/USDT, and the trading service will be opened at Bitfinex. BGB is a utility token that plays a vital role in Bitget's ecosystem, with a circulating supply of 1,400,000,000 BG2023-04-24
Press releaseBGB Updated Whitepaper Reveals Plan For New Utilities And Burn Mechanism VICTORIA, Seychelles — Bitget, top crypto derivatives and copy trading platform has released an updated whitepaper edition for its native token BGB. The new document outlines the advantages BGB provides as a utility asset within the framework of the Bitget platform and the benefits holders can expect to receive. The updated BGB token whitepaper reveals the roadmap of the asset’s development, outlining the use case scenarios and economics it will be based on. The innovative side of the asset2023-06-02
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