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</div> <h1>Bitget User Statistics 2024 </h1> <div class="scm-header-written"> <div class="Written-by-name"> <span classs="Written-by-name-popup"> <p class="Written-list-name"> Written by <a>Ayanika Das</a> </p> <section class="component-wrapper"> <div class="writer-wrapper"> <div class="writer"> <div class="name-wrapper"> <p class="wr-name-p">Written by:</p> <div class="inner-name-wrapper"> <p class="wr-pfont">Ayanika Das</p> <p></p> </div> </div> <a href="https://socialcapitalmarkets.net/author/ayanika-das007/" class="icon-wrapper"><svg width="12" height="10" viewBox="0 0 12 10" fill="none" xmlns="http://www.w3.org/2000/svg"> <path fill-rule="evenodd" clip-rule="evenodd" d="M6.21967 0.209209C6.51256 -0.0697365 6.98744 -0.0697365 7.28033 0.209209L11.7803 4.49492C12.0732 4.77387 12.0732 5.22613 11.7803 5.50508L7.28033 9.79079C6.98744 10.0697 6.51256 10.0697 6.21967 9.79079C5.92678 9.51184 5.92678 9.05958 6.21967 8.78064L9.43934 5.71429L0.750001 5.71429C0.335787 5.71429 0 5.39449 0 5C0 4.60551 0.335787 4.28571 0.750001 4.28571H9.43934L6.21967 1.21936C5.92678 0.940416 5.92678 0.488155 6.21967 0.209209Z" fill="white" /> </svg></a> </div> <div class="writer-content"> <p>Ayanika is an experienced content writer with a background in Hotel Management and a master's in hospitality administration from IHM Calcutta. With her expertise in content creation and copywriting, Ayanika has collaborated with numerous companies across various sectors. She's currently focusing on the crypto and investment sectors and crafting in-depth pieces about different aspects of the crypto space.</p> <div class="social-media-icon"> <a href="https://www.linkedin.com/in/ayanika-das-852976198" target="_blank"><img width="18" height="17" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%2018%2017'%3E%3C/svg%3E" alt="linkedin" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/04/linkedin.png"><noscript><img width="18" height="17" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/04/linkedin.png" alt="linkedin"></noscript></a> </div> </div> </div> </section> </span> </div> <div class="Written-by-name"> <p class="expert-reviewed-tag"><a> <img width="60" height="60" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%2060%2060'%3E%3C/svg%3E" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/04/Frame-20.svg"><noscript><img 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.kt-accordion-header-wrap .kt-blocks-accordion-header.kt-accordion-panel-active{border-top-color:#eeeeee;border-top-style:solid;border-right-color:#eeeeee;border-right-style:solid;border-bottom-color:#eeeeee;border-bottom-style:solid;border-left-color:#0e9cd1;border-left-style:solid;}}</style> <div class="wp-block-kadence-accordion alignnone"><div class="kt-accordion-wrap kt-accordion-idde7524-2c kt-accordion-has-2-panes kt-active-pane-0 kt-accordion-block kt-pane-header-alignment-left kt-accodion-icon-style-arrow kt-accodion-icon-side-right" style="max-width:none"><div class="kt-accordion-inner-wrap" data-allow-multiple-open="false" data-start-open="none"> <div class="wp-block-kadence-pane kt-accordion-pane kt-accordion-pane-1 kt-pane048bf8-e7 toc-mobile"><div class="kt-accordion-header-wrap"><button class="kt-blocks-accordion-header kt-acccordion-button-label-show"><span class="kt-blocks-accordion-title-wrap"><span class="kt-blocks-accordion-title">Table of Contents</span></span><span class="kt-blocks-accordion-icon-trigger"></span></button></div><div class="kt-accordion-panel kt-accordion-panel-hidden"><div class="kt-accordion-panel-inner"><style>.kb-table-of-content-nav.kb-table-of-content-iddb4276-35 .kb-table-of-content-wrap{padding-top:var(--global-kb-spacing-sm, 1.5rem);padding-right:var(--global-kb-spacing-sm, 1.5rem);padding-bottom:var(--global-kb-spacing-sm, 1.5rem);padding-left:var(--global-kb-spacing-sm, 1.5rem);}.kb-table-of-content-nav.kb-table-of-content-iddb4276-35 .kb-table-of-contents-title-wrap{padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.kb-table-of-content-nav.kb-table-of-content-iddb4276-35 .kb-table-of-contents-title{font-weight:regular;font-style:normal;}.kb-table-of-content-nav.kb-table-of-content-iddb4276-35 .kb-table-of-content-wrap .kb-table-of-content-list{font-weight:regular;font-style:normal;margin-top:var(--global-kb-spacing-sm, 1.5rem);margin-right:0px;margin-bottom:0px;margin-left:0px;}</style><nav class="wp-block-kadence-tableofcontents kb-table-of-content-nav kb-table-of-content-iddb4276-35" role="navigation" aria-label="Table of Contents"><div class="kb-table-of-content-wrap"><div class="kb-table-of-contents-title-wrap kb-toggle-icon-style-arrow"><span class="kb-table-of-contents-title">Table of Contents</span></div><ul class="kb-table-of-content-list kb-table-of-content-list-columns-1 kb-table-of-content-list-style-disc kb-table-of-content-link-style-underline"><li><a class="kb-table-of-contents__entry" href="#summary-of-key-statistics">Summary of Key Statistics</a></li><li><a class="kb-table-of-contents__entry" href="#bitget-market-share">Bitget Market Share</a></li><li><a class="kb-table-of-contents__entry" href="#bitget-trading-volume-statistics">Bitget Trading Volume Statistics</a></li><li><a class="kb-table-of-contents__entry" href="#bitget-24-hr-trading-volume-numbers">Bitget 24 Hr Trading Volume Numbers</a></li><li><a class="kb-table-of-contents__entry" href="#bitget-funding--new-initiatives">Bitget Funding & New Initiatives</a></li><li><a class="kb-table-of-contents__entry" href="#faqs">FAQs</a></li><li><a class="kb-table-of-contents__entry" href="#q1-what-is-the-size-of-bitgets-protection-fund">Q1. What is the size of Bitget's protection fund?</a></li><li><a class="kb-table-of-contents__entry" href="#q2-what-is-bitgets-native-token-and-what-is-its-market-cap">Q2. What is Bitget's native token, and what is its Market Cap?</a></li><li><a class="kb-table-of-contents__entry" href="#q3which-is-the-most-traded-currency-on-bitget">Q3.Which is the most traded currency on Bitget?</a></li><li><a class="kb-table-of-contents__entry" href="#q4-what-are-the-trading-fees-on-bitget">Q4. What are the trading fees on Bitget?</a></li></ul></div></nav></div></div></div> </div></div></div> </li> </div> <p style="text-align: justify;">Established in 2018, Bitget is a dynamic crypto trading platform with a mission to make digital transactions more secure, efficient, and intelligent.</p> <p style="text-align: justify;">The exchange offers various services, including futures and spot trading, supporting over 550 cryptocurrencies. The crypto exchange facilitates about 600+ crypto tokens and 700+ trading pairs transactions.</p> <p style="text-align: justify;">The platform provides a seamless trading experience in over 160 countries, leveraging its robust infrastructure and a team of聽<span style="box-sizing: border-box; margin: 0; padding: 0; text-align: left;">more than聽<a href="https://www.bitget.com/blog/articles/bitget-report-2023-press-release" target="_blank" rel="noopener">1,500 workers</a></span>.</p> <p style="text-align: justify;">In 2022, the exchange even roped in football star Lionel Messi as the face of the brand. The exchange and football icon had a 2-year collaboration for marketing purposes.</p> <p style="text-align: justify;">To gain customers’ trust, Bitget partnered with Lionel Messi to showcase how even their favorite football star was getting into Web3, crypto.</p> <p style="text-align: justify;">The exchange also intended to grab the attention of the massive fanbase of the football star and solidify the position of Web3, the crypto spectrum.</p> <p style="text-align: justify;">Bitget strives to inspire confidence and trust among its users and emerge as a preferred choice for novice and seasoned traders in the evolving world of digital finance.</p> <p style="text-align: justify;">At the time of this article, Bybit holds the<a href="https://coinmarketcap.com/rankings/exchanges/derivatives/" target="_blank" rel="noopener"> 4th spot in the 24-hour derivatives</a> trading volume.</p> <p style="text-align: justify;">It’s just one point pointing towards the success of Bitget. We have collected more such data indicating the success and popularity of the exchange among crypto users.</p> <p style="text-align: justify;">To further understand Bitget’s market position, check out the data compiled below.</p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Summary_of_Key_Statistics"></span>Summary of Key Statistics<span class="ez-toc-section-end"></span></h3> <ol class="wp-block-list" style="text-align: justify;"> <li>In Q1 of 2024, Bitget recorded a total user number of 25 million.</li> <li>From 2020 to 2024, the user base increased by 174.33%.</li> <li>Bitget’s total trading volume market share rose from 6.7% in Q1 2023 to 8.1% in Q2 2023.</li> <li>The highest 24-hour trading volume reported by Bitget until June 2024 was $1.62 billion.</li> <li>In 2023, Bitget’s total trading volume was <a href="https://www.bitget.com/blog/articles/bitget-report-2023-press-release" target="_blank" rel="noopener">$3.14 trillion. </a></li> </ol> <h2 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Bitget_User_Count"></span>Bitget User Count<span class="ez-toc-section-end"></span></h2> <p style="text-align: justify;">Two years after its inception, the exchange in 2022 reported a user count of 9.1 million. Data for 2021 is unavailable, so we cannot determine whether the platform’s user count increased or decreased that year.</p> <p style="text-align: justify;">However, after 2021, the data shows a steady upward trend in Bitget’s user numbers.</p> <p style="text-align: justify;">The user count in 2022 reached the 15 million mark, which increased to 20 million in 2023, reflecting <strong>a 33.33% growth </strong>within that year. As of Q1 2024, Bitget’s user base stands at 25 million.</p> <p style="text-align: justify;">From 2020 to 2024, Bitget’s user base grew <strong>substantially by 174.33%</strong>. This significant growth rate over four years is a testament to Bitget’s rapidly increasing popularity.</p> <figure class="wp-block-table aligncenter" style="text-align: justify;"> <table class="has-fixed-layout"> <tbody> <tr> <td>Year</td> <td>User Count</td> </tr> <tr> <td>2020</td> <td>9.<a href="https://www.bitget.com/support/articles/360045632931" target="_blank" rel="noopener">1 Million </a></td> </tr> <tr> <td>2021</td> <td>Data Not found</td> </tr> <tr> <td>2022</td> <td><a href="https://web3.bitget.com/en/blog/articles/bitget-wallet-reaches-20-million-users" target="_blank" rel="noopener">15 million </a></td> </tr> <tr> <td>2023</td> <td><a href="https://www.bitget.com/blog/articles/bitget-report-2023-press-release" target="_blank" rel="noopener">20 million</a></td> </tr> <tr> <td>Q1 2024</td> <td><a href="https://www.bitget.com/blog/articles/bitget-transparency-report-q1-2024" target="_blank" rel="noopener">25 million </a></td> </tr> </tbody> </table> </figure> <div class="wp-block-image"> <figure class="aligncenter size-full is-resized" style="text-align: justify;"><img fetchpriority="high" decoding="async" width="1024" height="768" class="wp-image-5138 aligncenter" style="width: 556px; height: auto;" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20768'%3E%3C/svg%3E" alt="" data-lazy-srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design.png 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-300x225.png 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-768x576.png 768w" data-lazy-sizes="(max-width: 1024px) 100vw, 1024px" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design.png" /><noscript><img fetchpriority="high" decoding="async" width="1024" height="768" class="wp-image-5138 aligncenter" style="width: 556px; height: auto;" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design.png" alt="" srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design.png 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-300x225.png 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-768x576.png 768w" sizes="(max-width: 1024px) 100vw, 1024px" /></noscript></figure></div> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Bitget_Market_Share"></span>Bitget Market Share<span class="ez-toc-section-end"></span></h3> <p style="text-align: justify;">In 2023, Bitget had the fourth-highest market share at approximately <a href="https://s2.tokeninsight.com/static/research/file/levelPdf/TokenInsight_Crypto_Exchanges_Report_2023Q2.pdf" target="_blank" rel="noopener">8.1% based</a> on total trading volume, following Bybit, OKX, and Binance.</p> <p style="text-align: justify;">In the first quarter of 2023, Bitget held a 6.7% share of the total trading volume among exchanges. Over the year, Bitget’s market share <strong>increased by 1.4%. </strong></p> <p style="text-align: justify;">This indicates that Bitget’s total trading volume is growing, and the exchange is rapidly rising to the top, increasing its market share.</p> <p style="text-align: justify;">Regarding derivatives trading, Bitget held a 2.4% market share among all the exchanges. Bitget became the 3rd largest derivatives trading platform in the Q1 of 2024.</p> <div class="wp-block-image"> <figure class="aligncenter size-full is-resized" style="text-align: justify;"><img decoding="async" width="1024" height="768" class="wp-image-5144 aligncenter" style="width: 516px; height: auto;" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20768'%3E%3C/svg%3E" alt="" data-lazy-srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-6.png 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-6-300x225.png 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-6-768x576.png 768w" data-lazy-sizes="(max-width: 1024px) 100vw, 1024px" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-6.png" /><noscript><img decoding="async" width="1024" height="768" class="wp-image-5144 aligncenter" style="width: 516px; height: auto;" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-6.png" alt="" srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-6.png 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-6-300x225.png 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/07/Untitled-design-6-768x576.png 768w" sizes="(max-width: 1024px) 100vw, 1024px" /></noscript></figure></div> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Bitget_Trading_Volume_Statistics"></span>Bitget Trading Volume Statistics<span class="ez-toc-section-end"></span></h3> <p style="text-align: justify;">In 2023, Bitget witnessed a spot and futures trading volume of about <a href="https://www.bitget.com/blog/articles/bitget-transparency-report-2023" target="_blank" rel="noopener">$81.6 billion</a> and $3.06 trillion, respectively.</p> <p style="text-align: justify;">Bitget’s spot trading figure reached $160 billion in Q1 of 2024.</p> <p style="text-align: justify;">Meanwhile, the future trading volume stood at<a href="https://www.bitget.com/blog/articles/bitget-transparency-report-q1-2024" target="_blank" rel="noopener"> $1.4 trillion</a>. This data also indicates that Bitget’s derivatives or future trading outweighed the spot trading volume.</p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Bitget_24_Hr_Trading_Volume_Numbers"></span>Bitget 24 Hr Trading Volume Numbers<span class="ez-toc-section-end"></span></h3> <p style="text-align: justify;">As of June 2024, Bitget has the 15th-highest total 24-hour trading volume of about <a href="https://www.statista.com/statistics/864738/leading-cryptocurrency-exchanges-traders/" target="_blank" rel="noopener"> $1.62 billion.</a>聽<span style="font-family: var(--global-body-font-family);">In 2023, the derivatives 24-hour trading volume peaked at</span><a style="font-family: var(--global-body-font-family);" href="https://www.cryptowisser.com/exchange/bitget/" target="_blank" rel="noopener"> $8.4 billion.</a></p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Bitget_Funding_New_Initiatives"></span>Bitget Funding & New Initiatives<span class="ez-toc-section-end"></span></h3> <p style="text-align: justify;">In 2023, Bitget made several strategic investments and fund allocations. It began with a $30 million investment in BitKeep.</p> <p style="text-align: justify;">The exchange established two separate $100 million funds, EmpowerX and Web3, to develop and expand the Web3 spectrum. Additionally, Bitget allocated $10 million to launch the Blockchain4Youth project.</p> <p style="text-align: justify;">To support the crypto community, Bitget donated all its SLERF trading fees to community initiatives. Between 2023 and the first quarter 2024, the exchange listed 186 new tokens and launched 7 new projects.</p> <p style="text-align: justify;">Bitget is clearly on a path of expansion and growth.</p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="FAQs"></span>FAQs<span class="ez-toc-section-end"></span></h3> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Q1_What_is_the_size_of_Bitgets_protection_fund"></span>Q1. What is the size of Bitget’s protection fund?<span class="ez-toc-section-end"></span></h3> <p style="text-align: justify;">Bitget established a <a href="https://www.bitget.com/protection-fund" target="_blank" rel="noopener">$443 million</a> protection fund to safeguard users from cybersecurity breaches. The exchange also maintains a proof-of-reserve system. These measures enhance Bitget’s appeal as a secure platform for cryptocurrency trading.</p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Q2_What_is_Bitgets_native_token_and_what_is_its_Market_Cap"></span>Q2. What is Bitget’s native token, and what is its Market Cap?<span class="ez-toc-section-end"></span></h3> <p style="text-align: justify;"><br />Bitget’s native token, BGB, currently has a market cap of <a href="https://coinmarketcap.com/currencies/bitget-token-new/" target="_blank" rel="noopener">$1.57 billion.</a></p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Q3Which_is_the_most_traded_currency_on_Bitget"></span>Q3.Which is the most traded currency on Bitget?<span class="ez-toc-section-end"></span></h3> <p style="text-align: justify;">As per the data, BTC/USDT is the most traded cryptocurrency on Bitget. It has a 24-hour trading volume of<a href="https://www.coingecko.com/en/exchanges/bitget" target="_blank" rel="noopener"> $262.7 million. </a></p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Q4_What_are_the_trading_fees_on_Bitget"></span>Q4. What are the trading fees on Bitget?<span class="ez-toc-section-end"></span></h3> <p style="text-align: justify;">Bitget operates on a maker-and-taker fee model. For spot trading, the <a href="https://nftevening.com/bitget-review/#:~:text=Bitget%20charges%20fees%20of%200.1,%25%20maker%20and%200.06%25%20taker." target="_blank" rel="noopener">fee is 0.1% </a>for both makers and takers. 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What is the size of Bitget's protection fund?</a></li><li><a class="kb-table-of-contents__entry" href="#q2-what-is-bitgets-native-token-and-what-is-its-market-cap">Q2. What is Bitget's native token, and what is its Market Cap?</a></li><li><a class="kb-table-of-contents__entry" href="#q3which-is-the-most-traded-currency-on-bitget">Q3.Which is the most traded currency on Bitget?</a></li><li><a class="kb-table-of-contents__entry" href="#q4-what-are-the-trading-fees-on-bitget">Q4. 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