Bitget, the leading cryptocurrency exchange and the Web3 company, in cooperation with Cryptoraank, conducted an in -depth comparative analysis of liquidity among the five largest global centralized cryptocurrency exchanges (CEX): Binance, Bitget, Bybit, MEXC and OKX. The study gives a detailed insight into the ability of each platform to handle large market orders with a minimal impact on the price, which is a key factor for traders seeking effective transaction implementation.
Bitget in the Cryptoran report
The most important findings of the report are emphasized by the fluidity of the spot market and Futures contracts. Bitget took second place among the five largest global stock exchanges, showing almost the best liquidity on the SPOT market for the main commercial courses, such as BTC/USDT and ETH/USDT. The analysis evaluated the depth of liquidity in the range of about 2% from the average market price, which is a key indicator of the stock exchange’s ability to operate large market orders with minimal slip.
The study also reveals significant differences in the depth of liquidity on the main centralized cryptocurrency exchanges – both on Spot and Futures markets. The domination of Binance on the Spot and MEXC market on the Futures contracts market emphasizes the diverse strengths of these platforms. Good bitget results in both markets coincide with the market results of the stock exchange, which became the fastest growing Cex stock exchange in the top ten platforms.
Forbes recently mentioned Bitget as one of the most reliable cryptocurrency exchanges in the world. In 2024, Bitget expanded the number of its users by 400% – from 20 million in January to 100 million in December. The value of turnover on the spot market increased from USD 160 billion in the first quarter to USD 600 billion in the fourth quarter, and the daily volume has doubled to USD 20 billion. The fast pace of change and the best results among CEX exchanges meant that Bitget was among the 3 best exchanges in trade in derivative instruments, while strengthening its position among the 5 best stock exchanges on the spot market. Bitget is still expanding its offer and improves the functions of the platform, maintaining high liquidity to support liquid trade for your huge user base.
More information can be found in the Cryptorank report here.
Bitget information
Established in 2018, the Bitget platform is the world’s leading cryptocurrency exchange and the Web3 company. By serving over 45 million users from over 150 countries and regions, the Bitget Exchange is involved in helping users in smarter trade thanks to the pioneering function of Copy Trading and other trade solutions, while offering real -time access to BTC prices, ETH prices and prices of other cryptocurrencies. Previously known as Bitkeep, Bitget Wallet is a world -class Krypto portfolio that offers a number of comprehensive Web3 solutions and functions, including the functionality of the portfolio, swap tokens, Marketplace NFT, Dappa browser and many others.
Bitget leads the process of spreading the adoption of cryptocurrencies through strategic partnerships, such as the role of the official cryptocurrency partner of the best football league in the world – Laligain the markets of Eastern Europe, Southeast Asia and Latin America, as well as a global partnership with the best Turkish national athletes such as Buse Tosun çavuşoğlu (world champion in wrestling), Samet Gümüş (gold medalist in boxing) and ̇Lkin Aydın (member of the national team in volleyball) to inspire the global community to accept the future of cryptocurrencies.
More information can be found here: website | Twitter | Telegram LinkedIn Discord Bitget Wallet
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Risk warning: Digital assets prices can fluctuate and experience variability. Invest only as much as you can lose. This may affect the value of the investment and it is possible that you will not achieve your financial goals or you will not be able to recover your main investment. You should always seek independent financial advice and take into account your own financial experience and financial situation. The results so far are not a reliable indicator of future results. Bitget is not responsible for any losses suffered by the user. None of this information can be interpreted as financial advice.
