Crypto exchange Bitget is describing July as a landmark month for the firm. Bitget notes that it is ranked by Coingecko Spot ranking as the 3rd largest crypto exchange [CoinMarketCap has Bitget at 5th place]. The company proclaims that July was another month of strong growth and brand expansion.
Although not available in the US, Bitget holds Virtual Asset Service Provider (VASP) licenses in Bulgaria, Lithuania, and Poland. In the UK, it operates through FCA-registered entity Archax Ltd. It also holds a Bitcoin Service Provider (BSP) and a Digital Asset Service Provider (DASP) license in El Salvador. Additionally, Bitget is registered with AUSTRAC in Australia.
Bitget Copy, a service that allows you to mirror the trades of successful traders, now has 1.1 million users. Additionally, Bitget reported over $461.3 million in inflows during the month.
Bitget CEO Gracy Chen claims that “users aren’t just trading with us, they’re choosing to store their assets, join our competitions, and engage with Bitget across cultures and continents. That’s the kind of growth that lasts, and it’s why we’re investing equally in product innovation, community building, and transparency.”
Bitget has its operational headquarters in Singapore and reports over 10 million users in 150 different countries. It also offers a non custodial wallet, Bitget Wallet.