Crypto exchange BitGet now has more than 45 million registered users worldwide as the platform’s global user count has surged by 400% since 2023.
BitGet CEO Gracy Chen revealed the numbers as the platform marks its sixth year in business.
This year alone, the exchange’s growth rate in Africa is up by 1,614%. BitGet’s userbase in South Asia and Southeast Asia also increased by 729% and 216%, respectively.
In the first half of 2024, the net inflow of assets on BitGet reached $779 million. The platform’s daily trading volume is also currently worth more than $10 billion while monthly visits surpass 30 million.
The exchange says newly launched products helped boost activities on its platform.
“Among them, PoolX has launched more than 60 popular projects within three months and helped increase earnings for over 350,000 users. Pre-market trading attracted more than 35,000 traders to participate further enhancing platform activity.”
Binance still has the lion’s share of digital asset users. In June, the largest crypto exchange by daily trading volume revealed that its global users reached 200 million, representing more than a third of all cryptocurrency holders in the world.
Binance onboarded 40 million users in 2023 and at least 30 million more in the first half of 2024. Based on these numbers, the crypto titan says it is on track to reach 300 million users by 2026.
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