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Printed Sep 11, 2024 • 3 minute learn
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VICTORIA, Seychelles, Sept. 11, 2024 (GLOBE NEWSWIRE) —
, the main cryptocurrency trade and Web3 firm has shared its August 2024 transparency report highlighting important development, including 1.72 million customers regardless of difficult market situations. The cryptomarket noticed sharp declines, with Bitcoin falling under $50,000, however Bitget remained resilient by integrating new options and advancing strategic initiatives.
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A key spotlight was the mixing of Apple Pay and Google Pay, permitting customers to transform fiat to crypto. This enabled Bitget’s onramp capabilities, making it simpler for customers to purchase and commerce cryptocurrencies globally, supporting over 140 fiat currencies and 100+ cryptocurrencies.
Bitget appointed Hon Ng as Chief Authorized Officer, reinforcing its give attention to compliance and regulatory engagement. With over 20 years of expertise, Ng now leads efforts to develop in new markets and strengthen regulatory dialogues worldwide for Bitget. This appointment aligns with the corporate’s aim of advancing crypto adoption by robust compliance.
In August, Bitget’s platform confirmed spectacular development, providing 800 tokens and 900 spot buying and selling pairs, with each day buying and selling volumes of $400 million in spot markets and $7 billion in futures. The platform’s safety fund stays robust at $400 million, guaranteeing person safety.
“Bitget’s fixed innovation and developments in safety has made it one of many quickest rising exchanges. Including over one million customers constantly month-over-month has been an enormous achievement for us and in addition exhibits the growing participation in crypto from a wider viewers,” says Gracy Chen, CEO at Bitget.
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The introduction of latest merchandise, such because the Bitget Booster Platform, was additionally launched to attach crypto influencers with initiatives, providing content material creators beneficiant fee rewards. Moreover, the launch of P2P Defend strengthened safety for peer-to-peer transactions, defending customers from fraud.
Bitget additionally achieved ISO 27001:2022 certification, showcasing its dedication to sustaining the very best requirements of knowledge safety. Because the platform expands, these developments hold Bitget robust as a frontrunner within the crypto business whereas guaranteeing person safety and asset safety.
The platform presently boasts 185,000+ professional merchants and over 840,000 copy buying and selling followers, resulting in greater than 90 million profitable trades. Earnings from these trades have resulted in over $500 million in positive aspects, with $23 million shared by elite merchants.
On Bitget Pockets facet, the decentralized pockets from Bitget’s ecosystem launched an MPC pockets with Telegram log-in, simplifying Web3 entry by permitting customers to create keyless wallets by their Telegram accounts. This innovation enhances safety and value, complemented by a brand new Telegram buying and selling bot that gives real-time market updates and facilitates meme coin buying and selling. Moreover, Bitget Pockets has built-in token lists from 4.Meme and Solar Pump for TRON and BNB Chain memecoins, upgraded transaction options, and pledged 2 million $TRX to subsidize gasoline charges, making buying and selling sooner, cheaper, and extra user-friendly.
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For extra in-depth insights, go to Bitget’s August Transparency Report.
About Bitget
Established in 2018, Bitget is the world’s main cryptocurrency trade and Web3 firm. Serving over 25 million customers in 100+ nations and areas, the Bitget trade is dedicated to serving to customers commerce smarter with its pioneering copy buying and selling function and different buying and selling options. Previously referred to as BitKeep, Bitget Pockets is a world-class multi-chain crypto pockets that gives an array of complete Web3 options and options together with pockets performance, swap, NFT Market, DApp browser, and extra. Bitget evokes people to embrace crypto by collaborations with credible companions, together with legendary Argentinian footballer Lionel Messi and Turkish Nationwide athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball nationwide crew).
For extra info, go to: Web site | Twitter | Telegram | LinkedIn | Discord | Bitget Pockets
For media inquiries, please contact: media@bitget.com
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Threat Warning: Digital asset costs might fluctuate and expertise value volatility. Solely make investments what you possibly can afford to lose. The worth of your funding could also be impacted and it’s attainable that you could be not obtain your monetary targets or be capable of get well your principal funding. You must at all times search impartial monetary recommendation and contemplate your personal monetary expertise and monetary standing. Previous efficiency just isn’t a dependable measure of future efficiency. Bitget shall not be chargeable for any losses it’s possible you’ll incur. Nothing right here shall be construed as monetary recommendation. For extra info, see our Phrases of Use.
A photograph accompanying this announcement is offered at https://www.globenewswire.com/NewsRoom/AttachmentNg/a4c720af-12f1-48c7-ae38-4175e7cd4034
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