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'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.
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
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise