Bitget, an international crypto exchange giant, has been listed for the first time on Forbes’ “World’s Most Trustworthy Crypto Exchanges and Marketplaces”—securing eighth place.
What’s the Significance? Bitget entering the list is a manifestation of its report that it experienced an influx of users since 2024 along with a multitude of upgrades and collaborations.
Key Details: The Forbes’ list was published on February 4, 2025.
- The other exchanges on the list are CME Group, Coinbase, Bitstamp, Binance, OKX, Revolut, and Upbit, among others.
- Bitget’s utility token, $BGB, was ranked as one of the top 10 best-performing cryptocurrencies by Forbes for H1 2024.
For the crypto exchange giant, several factors contributed to its inclusion in Forbes’ list:
- Publishing a transparency report showing a 400% increase in its user base, surpassing 100 million users in December. Its spot trading volume also rose from $160 billion in Q1 to $600 billion in Q4.
- Collaborations ranging from Turkish national athletes and the legendary football league LALIGA to new executives joining the company and obtaining multiple licenses.
- Expanding in new markets through localized marketing, partnerships, and educational initiatives.
- Enhancing user access by providing simplified onboarding, fiat gateways, and localized customer support.
- Investing in blockchain education, strategic sponsorships, and incentive programs to retain users in high-growth regions.
- Strengthening compliance efforts by hiring Hon NG as Chief Legal Officer. Recently, Bitget obtained UK approval, a BSP license in El Salvador, and launched a new exchange in Vietnam to comply with local regulations.
- Reducing $BGB’s supply, enhancing its utility, and expanding real-world applications.
Key Quote:
“Bitget’s debut on Forbes’ 2025 list of the world’s most trustworthy crypto exchanges highlights its remarkable growth and increasing credibility in the industry. With a strong BTC-ETH holding score and a focus on transparency, Bitget stands as one of the most secure crypto exchanges in the world. With transparent proof of reserves ensuring 100% of its assets and a $600M Protection Fund safeguarding users, the exchange has accelerated its growth worldwide. The inclusion in the Forbes ranking list shows the exchange’s rising influence in the crypto space.”
Bitget
What’s Next? Bitget expressed plans to strengthen functionalities and products within the Bitget ecosystem, driving sustainable growth and long-term value for token holders.
This article is published on BitPinas: Bitget Welcomes Forbes’ Listing as 8th Top Crypto Exchange
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