Memecoins, P2P and TON drove 1,614% user growth in Africa — Bitget

Bitget CEO Gracy Chen said that as millions of Africans use Telegram, the rise of TON contributed to Bitget's user growth in the region. 

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Crypto exchange Bitget reported a significant increase in its user base, surpassing 45 million users across the globe as it celebrated its sixth anniversary. 

On Sept. 18, the platform announced that the number of users on its crypto trading platform had almost tripled since 2023. The company highlighted that most of the growth was driven by regions like Africa, South Asia and Southeast Asia. 

Bitget’s user growth per quarter from 2021 to 2024. Source: Bitget

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