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

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)