Bitget’s User Base Hits 25 Mln Users As The Bull Run Brings New Traders Into The Market

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Bitget’s User Base Hits 25 Mln Users As The Bull Run Brings New Traders Into The Market
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Major cryptocurrency exchange Bitget shares details of its impressive user count accomplishments

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Since mid-January, users have continuously deposited more than $2 billion worth of Bitcoin per day, establishing a new record for total deposits of $2.46 billion, as of data collected by the analytical firm Glassnode in February 2024.While Bitcoin hits $68,000 reaching its all-time high, crypto exchanges have been reported to receive and outflow approximately 78% of all economic on-chain volume according to the same source.

BGB functions as a utility token within the Bitget ecosystem -—one of its main utilities for the platform’s traders serves as a discount on transaction fees and access to exclusive privileges."We are thrilled to witness Bitget's unprecedented growth of surpassing 25 million users, a clear testament to the trust and confidence the global crypto community places in us.

The top five tokens PIXEL, GDP, ALT, GTAI, FIRE and ZETA had extraordinary success as a result of this expansion, with price increases of more than 1,000%. The crypto exchange has previously released market performance on its early listed tokens, some of which experienced a three-digit growth.Stablecoin Standard and Aleph Zero Announce Strategic Partnership to Facilitate the Future of On-Chain Commerce

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