The well-known cryptocurrency exchange and Web3 company Bitget announced that its client base has exceeded 25 million users. Against this backdrop, its own BGB token saw growth of 7.7% on the day.
At the time of writing, BGB's value is fluctuating around $0.9842. BGB acts as a service token in the Bitget ecosystem and reduces transaction fees.
Amid the cryptocurrency market rally, users have consistently purchased more than $2 billion worth of Bitcoin per day, setting a record of $2.46 billion in deposits, according to Glassnode.
Confirming its strategy of growth and sustainability, Bitget has reached a user base of more than 25 million. The exchange's policy is to provide clients with a variety of unique trading opportunities. For example, in February, Bitget introduced an additional 39 new tokens favored by traders.
Amid this expansion, the top five tokens — PIXEL, GDP, ALT, GTAI, FIRE, and ZETA — performed exceptionally well. The price increase for each of them was more than 1,000%. The exchange's own BGB token also soared by 64%, crossing the important $1 mark in February and hitting a high of $1.15.
In addition to their interest in Bitcoin and cryptocurrencies, investors are also diving into technologies that use artificial intelligence. In February, the excitement around AI attracted significant investment, particularly following the launch of OpenAI's Sora model. As a result, Bitget saw a significant 400% increase in trading volume in AI-related technologies.
Bitget conducted its own research, which showed strong investor confidence in the prospects of the crypto market, especially before the Bitcoin halving. Most crypto traders believe that Bitcoin is on the verge of reaching new all-time highs and are increasing their investments in the asset.
Gracy Chen, Managing Director of Bitget, said: "We are delighted to see Bitget's unprecedented growth to over 25 million users. This reaffirms the trust placed in us by the global crypto community. These results, combined with our strategic expansions, underscore our commitment to providing the most dynamic and secure trading environment for our users."
Highlighting the exchange's achievements, Bitget's CEO emphasized that the company aims to break new ground in the cryptocurrency and Web3 space, striving for market leadership. "The future looks incredibly bright, and we are just getting started," she informed.
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