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Bitget’s Market Share Skyrockets; BGB Token Soars to Top 5

Bitget Triumphs Despite Market Downturn in Q3 2023

Amid the declining spot trading and derivative trading volumes in Q3 2023, Bitget, the world’s leading cryptocurrency exchange and web3 company, stood firm. Stunningly, the firm secured one of the highest increases in market share, elevating to 9.43% in September despite the market slump.

Remarkable Growth for Bitget

Known for its association with high-profile partners like Lionel Messi and PGL, Bitget choirs its trump in succeeding in the market where most were flagging. Perhaps one of the secrets behind its success is Bitget’s commitment to transparency, trustworthiness, security, and reliability. As a trusted exchange serving over 20 million users in 100+ countries and regions, Bitget continues to focus on providing best-in-class trading solutions, from copy trading to the inclusion of a multi-chain digital wallet.

Soaring BGB Token

The firm’s feat was further amplified as its native token, BGB, showcased exceptional performance in September. The price of BGB escalated from US$0.18 to US$0.4927. As a result, the BGB token found a spot among the Top 5 platform tokens by market cap, and the number of BGB holders surged to a remarkable 354,472 in Q3 2023.

Bitget’s Protection Fund

Another feather in Bitget’s cap was when their Protection Fund consistently exceeded a whopping sum of US$300 million in the last quarter. This unrivaled commitment towards safety and investor protection provided users with a secure trading environment, contributing significantly to the trust instilled in Bitget by crypto enthusiasts worldwide.

Expansion and Partnerships

Bitget has unveiled its expansion plans into the lucrative Middle East region and is currently exploring opportunities in countries like Bahrain and the UAE. A move destined to be a game-changer, they’re seeking to broaden their global footprint, taking the Bitget experience to new audiences. Further promoting growth, Bitget has partnered with several industry giants like Cointracking, Coinstats, CCData, Koinly, 3commas, Cobo Superloop, and more. These strategic collaborations aid the firm in extending its cutting-edge services to crypto investors worldwide.

Bitget’s US$100 Million EmpowerX Fund Initiative

Bitget went above and beyond when the firm announced the US$100 million EmpowerX Fund. Aimed at supporting the development of its web3 ecosystem, the Fund underscores Bitget’s commitment to fostering an inclusive cryptocurrency environment. Alongside this revolutionary move, Bitget hosted the EmpowerX Summit in Singapore, celebrating its fifth anniversary in grand style.

Looking Ahead

Bitget’s immaculate track record in Q3 2023 is testament to the firm’s commitment to innovation and user empowerment. The impressive performance of the BGB token and the launch of the EmpowerX Fund bear witness to the firm’s dedicated efforts to accelerate the growth of its web3 ecosystem. As Bitget continues to explore new territories and forge strategic alliances, their perpetual commitment towards transparency, trustworthiness, and user protection paves their way forward. Crypto investors can now expect further enhancements in Bitget’s service as they gear up for an exciting fourth quarter. Any media inquiries relating to Bitget can be directed to Rachel Cheung, the Global PR Manager of Bitget. Stay tuned for more updates!
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