Bitget Q1 Report: The total trading volume in the spot and futures markets reached 59 billion USD and 658 billion USD, respectively

2023-05-18 10:36:37

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ChainCatcher message, Bitget announced that it will regularly release transparency reports, adhering to the principles of openness, customer-centricity, and long-termism. The report disclosed a series of relevant data. In terms of security construction, Bitget's reserve ratio increased from 223% on December 20, 2022, to 246% on April 3, 2023, and the value of the Bitget protection fund rose from $300 million at its inception to $380 million.

According to the data, the total trading volume in Bitget's spot and futures markets reached $59 billion and $658 billion, respectively, with spot trading growing by 8% quarter-on-quarter and futures trading growing by 27%. The number of BGB holders increased by 146% within three months. In the first quarter of 2023, users generated a total profit of $41 million through copy trading on Bitget.

According to data from TokenInsight, Bitget ranked 4th in TokenInsight's exchange rankings, with BGB increasing by as much as 120% in the first quarter of 2023, outperforming Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), as well as all other exchange platform tokens. (Source link)

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