Bitget, the challenger that shakes up the biggest exchanges

While Binance and OKX dominate the crypto exchange market, a challenger is emerging: Bitget. With its native BGB token, the Singaporean platform continues to create surprises.

Bitget poised to dethrone the sector’s behemoths !?

In just 4 years of existence, Bitget has established itself as a key player in the crypto-exchange landscape. With over 2 million active users in more than 100 countries, the platform now boasts dizzying daily trading volumes of over $12 billion in futures contracts.

There are several reasons for the exponential growth of Bitget. Firstly, the platform offers an extensive catalog of over 500 cryptos, as well as a full range of trading tools adapted to the needs of both novice and experienced investors. The intuitive interface and 24/7 customer support also ensure an optimal user experience.

But above all, Bitget stands out for its ability to constantly innovate in order to offer the best service to its customers. The exchange also aims to launch its blockchain and integrate cutting-edge Web3 technologies.

In parallel with its hypergrowth, our partner Bitget remains committed to values of social and environmental responsibility. The platform allocates 15% of its token supply to financing ecological projects.a unique approach in the sector.

Thanks to a strategy focused on innovation and the user, while promoting sustainable growth, Bitget could rapidly gain market share over established competitors such as Binance or OKX. Its already considerable trading volumes make it a formidable challenger to the sector’s behemoths.

The BGB token, cornerstone of the Bitget ecosystem

The BGB token is the spearhead of the Bitget to win out over the behemoths Binance and OKX. With a capitalization already exceeding $1.31 billion, the BGB ranks 86th among cryptos at the time of writing.

The BGB offers many advantages to its holders:

  • Priority access to private sales of new crypto projects via Launchpad Bitget.
  • Discounts on platform transaction fees (up to 20%).
  • Remuneration for holding and staking the BGB token (up to 100% APY, Annual Percentage Yield).

Thus, the BGB is establishing itself as a crypto with very strong potential, with a huge growth of +219% in 2023 and +77% since the beginning of this year. Well ahead of the BNB (+27% in 2023) and OKB (+13% in 2023) forecasts.

Furthermore, Bitget already stands out for its large exchange volumes, both spot and futures ($12 billion daily). The platform rivals heavyweights such as OKX.

In addition, Bitget stands out for the quality of its Launchpad, allowing you to invest in promising projects via IDOs. Average IDO income reaches 41.9x on Bitgetcompared to 30x on Binance.

In short, despite his young age, Bitget has established itself as a strong challenger to Binance and OKX. With its attractive rates, already substantial trading volumes, and above all, a native BGB token with strong potential, the platform could quickly catch up with the industry leaders.

Enhanced security

The security of funds is of paramount importance on an exchange platform, and Bitget has gone to great lengths to reassure its users. Its cold storage system provides 98% security assets, safe from piracy. What’s more, a colossal $415 million compensation fund covers users in the event of a major problem.

Bitget also facilitates SEPA bank deposits for Europeans with priority access and reduced fees for BGB token holders. The intuitive interface and 24/7 customer support optimize the user experience.

Conclusion

Based on its explosive growth, the quality of its services, the enhanced security of its funds and the attractiveness of its BGB token, Bitget has all the ingredients needed to become one of the world’s leading exchanges.

The year 2024 promises to be decisive for the platform’s reputation and credibility in the face of established industry behemoths such as Binance or OKX. Bitget could thus realize its ambitions to offer the best exchange platform to users worldwide.