The platform expanded its technical infrastructure while maintaining connections with over 100 blockchains.
In the meantime, its utility token BGB surged by 1,000% this year.
The non-custodial crypto wallet provided by the Bitget exchange reported that its user base exceeded
60 million globally in 2024. According to the company's year-end report, this represents a 300% increase from the previous
year.
Bitget Wallet Reports 300% User Growth amid Digital Asset Expansion
Bitget
Wallet documented significant regional variations in user adoption. African
markets demonstrated the highest percentage gains, with Nigeria recording a
1,468% increase in users. The broader African continent saw growth exceeding
1,000% compared to the previous year.
Alvin Kan, Chief Operating Officer of Bitget Wallet
“Our
vision is to build a superapp that seamlessly connects Web2 and Web3, enabling
a billion users to embrace financial freedom,” said Alvin
Kan, COO of Bitget Wallet. “We are committed to leading this
transformation and becoming the definitive bridge between the real world and
the onchain economy.”
In the
Middle Eastern markets, Saudi Arabia registered 482% user growth while the
United Arab Emirates showed a 326% increase. European markets also exhibited
substantial expansion, with France recording 1,091% growth, followed by the
United Kingdom at 687% and Germany at 657%.
The
platform's data indicates distinct regional patterns in trading behavior. DeFi
token trading averaged $3,312 in annual volume per user. Its highest activity is concentrated in East Asia, the Middle East, and the Americas. Meme token
trading volumes averaged $1,337 per user annually, with the Middle East,
Europe, and East Asia showing the most significant activity.
Within two
months, Bitget Wallet expanded its user base by
20 million. For comparison, at the beginning of 2019, the platform had
“only” 1 million users.
This new
milestone coincided with an all-time high for the exchange's utility
token, BGB, which tested the $8.5 level, marking a 1000% increase in 2024.
2024 Recap
The
company's integration with Telegram's ecosystem resulted in the launch of
Bitget Wallet Lite, which accumulated 10 million users within its initial
month. To support further development, the company allocated $20 million toward
a Telegram Mini-App Support Program and introduced the OmniConnect Dev Kit.
The first
quarter of 2024 saw the introduction of the Bitget Onchain Layer. Subsequently,
the company consolidated its token structure, merging its platform token BWB
with BGB tokens. The unified BGB token now facilitates multi-chain gas payments
and staking operations.
Data from
the platform indicates increased blockchain adoption across multiple networks.
User addresses on TON, Base, and Solana networks showed fortyfold
year-over-year growth. The platform currently maintains connections with over
100 blockchains and facilitates access to approximately 20,000 decentralized
applications.
Forward Strategy
For 2025,
the company outlined plans to expand its services in on-chain financial
operations, focusing on trading execution and digital asset management.
Additional development priorities include streamlining crypto payment systems
and implementing simplified fiat-to-crypto conversion processes.
The non-custodial crypto wallet provided by the Bitget exchange reported that its user base exceeded
60 million globally in 2024. According to the company's year-end report, this represents a 300% increase from the previous
year.
Bitget Wallet Reports 300% User Growth amid Digital Asset Expansion
Bitget
Wallet documented significant regional variations in user adoption. African
markets demonstrated the highest percentage gains, with Nigeria recording a
1,468% increase in users. The broader African continent saw growth exceeding
1,000% compared to the previous year.
Alvin Kan, Chief Operating Officer of Bitget Wallet
“Our
vision is to build a superapp that seamlessly connects Web2 and Web3, enabling
a billion users to embrace financial freedom,” said Alvin
Kan, COO of Bitget Wallet. “We are committed to leading this
transformation and becoming the definitive bridge between the real world and
the onchain economy.”
In the
Middle Eastern markets, Saudi Arabia registered 482% user growth while the
United Arab Emirates showed a 326% increase. European markets also exhibited
substantial expansion, with France recording 1,091% growth, followed by the
United Kingdom at 687% and Germany at 657%.
The
platform's data indicates distinct regional patterns in trading behavior. DeFi
token trading averaged $3,312 in annual volume per user. Its highest activity is concentrated in East Asia, the Middle East, and the Americas. Meme token
trading volumes averaged $1,337 per user annually, with the Middle East,
Europe, and East Asia showing the most significant activity.
Within two
months, Bitget Wallet expanded its user base by
20 million. For comparison, at the beginning of 2019, the platform had
“only” 1 million users.
This new
milestone coincided with an all-time high for the exchange's utility
token, BGB, which tested the $8.5 level, marking a 1000% increase in 2024.
2024 Recap
The
company's integration with Telegram's ecosystem resulted in the launch of
Bitget Wallet Lite, which accumulated 10 million users within its initial
month. To support further development, the company allocated $20 million toward
a Telegram Mini-App Support Program and introduced the OmniConnect Dev Kit.
The first
quarter of 2024 saw the introduction of the Bitget Onchain Layer. Subsequently,
the company consolidated its token structure, merging its platform token BWB
with BGB tokens. The unified BGB token now facilitates multi-chain gas payments
and staking operations.
Data from
the platform indicates increased blockchain adoption across multiple networks.
User addresses on TON, Base, and Solana networks showed fortyfold
year-over-year growth. The platform currently maintains connections with over
100 blockchains and facilitates access to approximately 20,000 decentralized
applications.
Forward Strategy
For 2025,
the company outlined plans to expand its services in on-chain financial
operations, focusing on trading execution and digital asset management.
Additional development priorities include streamlining crypto payment systems
and implementing simplified fiat-to-crypto conversion processes.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
SEC Approves Nasdaq Pilot Allowing Investors to Trade Tokenized Stocks
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture