
Bitget reported a number of impressive achievements in its Transparency Report published on Tuesday. According to the report, its market share rose to 8.7%, a 1.81% increase compared to the top five centralised exchanges. Spot trading volume exceeded $60 billion while futures trading surpassed $600 billion.
Bitget was the only CEX to experience an increase in futures trading volume this year, as per Nansen – a blockchain analytics platform. The company recently launched “Crypto Loans” to enter the lending market.
Copy trading helped increase the number of followers by 85,000 and the number of elite traders by 9,033. The native token, BGB, saw a 23% increase in trading volume and 305,653 holders – a 130% increase.
In addition, Bitget registered as a VASP in Poland and Lithuania and entered Turkey in Q2 with a new website. The company is continuing to strive for expansion and development.