Platform's Q2 2024 report reveals $700 million in capital inflow and a 50% increase in website traffic.
It also added 2.9 million new users and increased its overall market share.
Although
Bitget is not the largest cryptocurrency exchange in terms of total volumes, it
closed a favorable quarter. From April to June, the platform ranked third in
net capital inflow and showed the strongest market share growth compared to its
competitors.
Investors
transferred $700 million to Bitget in the second quarter, and activity on the
platform increased by nearly 50%.
Bitget Reports $700M
Capital Inflow and 50% Traffic Surge in Q2 2024
The
exchange experienced a surge in user funds, with Bitcoin (BTC), Tether (USDT),
and Ethereum (ETH) holdings increasing by 73%, 80%, and 153%, respectively,
over the first six months of the year. This growth coincided with the
addition of 2.9 million new users to the platform.
This placed
Bitget among the top exchanges with the highest net positive inflows in the
past quarter. Only Binance, which remains the market leader, and Bitfinex
achieved better results in this category.
According
to CCData's latest H2 Outlook Report, the exchange also reported the largest
market share growth among centralized exchanges, increasing by 38.4% from H2
2023 to H1 2024.
Bitget's
spot trading volume saw a visible uptick too, rising from $28 billion in Q1 to
$32 billion in Q2, marking an increase of over 10%. The platform's
monthly visitors reached 10 million. Although its volumes are increasing, Bitget still does not rank among
the top 10 cryptocurrency exchanges in terms of spot trading.
The changes occurring in the centralized cryptocurrency exchange market show that competition is becoming increasingly intense. An example of this is the recent surge in popularity of Bybit, which has become the second-largest exchange in terms of spot trading volumes.
Sport Sponsorships and New
Products
Gracy Chen, Source: LinkedIn
Gracy Chen,
CEO of Bitget, commented on the quarter's performance, stating, "Q2 2024
has been a pivotal period for Bitget. Our collaboration with Turkish athletes
along with significant growth in users and website traffic is a part of our
global expansion."
The
exchange also launched a $20 million TON Ecosystem Fund in collaboration with
Foresight Ventures to support early-stage projects on The Open Network.
The
exchange introduced two new initial token listing products, PoolX and
Pre-market, which collectively launched over 100 projects. What is more, Bitget's
native token, BGB, was recognized as the best-performing centralized exchange
token in June and was ranked in the top 10 cryptocurrencies by Forbes.
In its
latest move, the cryptocurrency exchange aimed to become a regulated player in India.
This announcement comes as the most populous democracy grapples with the
complexities of integrating cryptocurrencies into its financial ecosystem.
Also recently,
Bitget Wallet announced a joint investment with the crypto investment firm
Foresight X in Tomarket, a decentralized trading platform. This venture targets
emerging asset classes and aims to expand the wallet's services beyond
traditional decentralized exchanges (DEXs).
Although
Bitget is not the largest cryptocurrency exchange in terms of total volumes, it
closed a favorable quarter. From April to June, the platform ranked third in
net capital inflow and showed the strongest market share growth compared to its
competitors.
Investors
transferred $700 million to Bitget in the second quarter, and activity on the
platform increased by nearly 50%.
Bitget Reports $700M
Capital Inflow and 50% Traffic Surge in Q2 2024
The
exchange experienced a surge in user funds, with Bitcoin (BTC), Tether (USDT),
and Ethereum (ETH) holdings increasing by 73%, 80%, and 153%, respectively,
over the first six months of the year. This growth coincided with the
addition of 2.9 million new users to the platform.
This placed
Bitget among the top exchanges with the highest net positive inflows in the
past quarter. Only Binance, which remains the market leader, and Bitfinex
achieved better results in this category.
According
to CCData's latest H2 Outlook Report, the exchange also reported the largest
market share growth among centralized exchanges, increasing by 38.4% from H2
2023 to H1 2024.
Bitget's
spot trading volume saw a visible uptick too, rising from $28 billion in Q1 to
$32 billion in Q2, marking an increase of over 10%. The platform's
monthly visitors reached 10 million. Although its volumes are increasing, Bitget still does not rank among
the top 10 cryptocurrency exchanges in terms of spot trading.
The changes occurring in the centralized cryptocurrency exchange market show that competition is becoming increasingly intense. An example of this is the recent surge in popularity of Bybit, which has become the second-largest exchange in terms of spot trading volumes.
Sport Sponsorships and New
Products
Gracy Chen, Source: LinkedIn
Gracy Chen,
CEO of Bitget, commented on the quarter's performance, stating, "Q2 2024
has been a pivotal period for Bitget. Our collaboration with Turkish athletes
along with significant growth in users and website traffic is a part of our
global expansion."
The
exchange also launched a $20 million TON Ecosystem Fund in collaboration with
Foresight Ventures to support early-stage projects on The Open Network.
The
exchange introduced two new initial token listing products, PoolX and
Pre-market, which collectively launched over 100 projects. What is more, Bitget's
native token, BGB, was recognized as the best-performing centralized exchange
token in June and was ranked in the top 10 cryptocurrencies by Forbes.
In its
latest move, the cryptocurrency exchange aimed to become a regulated player in India.
This announcement comes as the most populous democracy grapples with the
complexities of integrating cryptocurrencies into its financial ecosystem.
Also recently,
Bitget Wallet announced a joint investment with the crypto investment firm
Foresight X in Tomarket, a decentralized trading platform. This venture targets
emerging asset classes and aims to expand the wallet's services beyond
traditional decentralized exchanges (DEXs).
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Kraken’s 2025 Revenue Soared to $2.2 Billion as It Prepares for an IPO
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
