Bitget achieved another significant milestone in October, marking progress in market expansion, user growth and product innovation. Key events included the strategic appointment of executives, the unveiling of new tools and increased engagement in emerging markets.
Bitget changes and market development
Min Lin, previously with Binance, has joined the company as Chief Business Officer. He brings with him extensive experience in regional development and compliance, which is crucial to strengthening Bitget’s position in emerging markets. His role focuses on supporting local growth and improving the company’s global strategies.
Bitget Wallet has reached a milestone of surpassing 40 million users and doubling its base in just six months, making it the second most downloaded cryptocurrency app in the world. The new feature, Bitget Wallet Lite on Telegram, attracted an additional 6 million users in a matter of days, offering seamless cross-chain transactions and simple setup, responding to the growing demand for accessible crypto solutions, especially in regions such as Africa, South Asia and the Middle East .
Research conducted by Bitget Research indicates that Africa and Eastern Europe are key regions for cryptocurrency adoption. Projections say Africa, with its young population and limited banking infrastructure, will reach 53.89 million cryptocurrency users by 2025. Growing economic challenges in Eastern Europe show the potential for decentralized finance.
Additionally, the introduction of the Telegram Mini App Store has expanded the platform’s ecosystem. The platform features over 600 mini-apps in the TON ecosystem, enabling users to directly interact with decentralized blockchain applications and tools, increasing engagement and promoting Web3 adoption.
Bitget also introduced BGSOL, a staking liquidity token for Solana that allows users to earn staking rewards while maintaining liquidity for DeFi activities. This is in line with Bitget’s mission to optimize the utility of assets in decentralized ecosystems.
With over 45 million users and a daily trading volume of $10 billion, the exchange maintains its position as a significant player in the cryptocurrency market. The platform supports over 800 tokens and trading pairs, attracting both professional and retail traders. A protective fund of more than $400 million further strengthens its reputation as a safe and trusted operator.
Recent activities also included participation in global events, such as Blockchain Life in Dubai, where the company presented its vision of sustainable growth. Presence at such events emphasizes the company’s focus on innovation, user involvement and market expansion.
About Bitget
Bitget is one of the leading cryptocurrency exchanges and Web3 companies in the world. Serving over 20 million users from over 100 countries, it facilitates smart trading with its innovative copy trading feature and a range of other trading tools. And Bitget Wallet, formerly known as BitKeep, is a comprehensive multi-chain cryptocurrency wallet that offers users access to a wide range of web3 solutions and features. The exchange works with trusted partners, such as legendary Argentine footballer Lionel Messi and eSports event organizer PGL, promoting the use of cryptocurrencies around the world.
More information can be found on the Bitget website and on their profiles at TwitterTikTok, Telegram, LinkedIn and Discord.
