Financial News

Bitget Ends The Year As One Of The Top 10 Derivatives Exchange In The World

By: Newsfile

Bitget, a well-known derivatives exchange, provides insights into significant events in its business in 2021, particularly its recent milestone as a top 10 derivatives exchange, as well as some hints as to what to expect in 2022.

Singapore, Singapore--(Newsfile Corp. - December 29, 2021) - Bitget became a top ten derivatives exchange in 2021, leaving its mark on the Cryptocurrency industry and achieving other milestones along the way. As the year comes to a close, here are some of the notable events that occurred for Bitget in 2021. Bitget's goal is to provide better trading to its users, and they got even closer to achieving this goal in 2021.

Bitget's digital asset business has increased worldwide, making significant contributions to the futures trading sector, which has seen the derivatives exchange rise to rank among the top ten in the world in terms of futures trading. Its average daily futures trading volume is ten times higher from the previous year and its total annual revenue has exceeded US$300 million, establishing it as a unicorn in the global digital financial market. In addition, in March 2021, the company acquired Bitkeep, Asia's most prominent decentralized wallet, becoming the world's leading Cefi+Defi 360 trading platform that provides multi-dimensional asset protection to better service the platform users and opens up a new traffic entrance for the exchange

Early this month, Bitget took things further by establishing its investment firm, Foresight Ventures. Foresight Ventures has official partnerships with reputable blockchains such as Avalanche and Arweave and extensive collaboration with many global investment institutions such as Republic Realm. In addition, its portfolio includes several promising projects, including Matrixport, RSS3, REALY, COLONY, EVERPAY, and DEFINA, to name a few.

Bitget has maintained its position as a regulatory compliant cryptocurrency exchange, and to expand its global footprint, it has formed strategic partnerships with big names in sports such as becoming Juventus' first sleeve partner, and PGL Stockholm 2021, a significant esports event. It will not be surprising to see more sponsorship deals under Bitget in the coming quarters.

Bitget's ultimate goal is to provide an unparalleled and globally accessible trading experience. According to official reports, Bitget will continue its expansion in European, African, and Latin American markets in 2022 with a user-centric approach, leveraging its innovation power to launch valuable products and list prospective projects. 

Contact:
Contact Person: Varina Wang
Email: Media@bitget.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108566

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