The exchange reported that its BTC, USDT, and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.
Crypto exchange Bitget reported a $700 million capital inflow and increased website traffic for the second quarter of 2024.
The company observed a 50% increase in traffic compared to the previous quarter and claims to have attracted 10 million monthly visitors in Q2. Furthermore, the exchange said it had 2.9 million new users and witnessed a 10% increase in its spot trading market volume compared to Q1.
The exchange also reported a rise in funds. The company mentioned that its Bitcoin (BTC), Tether (USDT) and Ether (ETH) holdings have increased by at least 70%. BTC holdings increased by 73%, while USDT and ETH saw 80% and 153% increases respectively. Bitget claims that this equates to about $700 million in capital inflow.
