Latest news with #LiquidityIncentiveProgram
Yahoo
17-05-2025
- Business
- Yahoo
Bitget surges to become world's no. 3 crypto exchange by volume
Bitget has emerged as the third-largest cryptocurrency exchange in terms of trading volume, according to the firm's recently released April 2025 transparency report. Founded in 2018, Bitget is a Seychelles-based cryptocurrency exchange that offers spot and futures trading services to its global user base. Its dynamic copy trading service lets inexperienced traders imitate the trading positions of the most successful and experienced traders on the platform. In April, Bitget recorded a futures trading volume of $757.6 billion and a spot trading volume of $68.6 billion — both remarkable metrics, given the month witnessed market correction and investor caution. The market share of Bitget grew to 7.2% in April, defying broader exchange trends. The crypto exchange's user base also exceeded 120 million users last month. In April, Bitget secured both Digital Asset Service Provider (DASP) and Bitcoin Service Provider (BSP) regulatory licenses in El Salvador, letting it offer full crypto services — spot, derivatives, staking, and yield — in one of the most crypto-friendly countries in the world. The exchange also marched forward to its goal of leveraging centralized infrastructure to make decentralized ecosystem more accessible by launching Bitget Onchain last month. It is a unique feature within the Bitget application that allows users to trade on-chain assets directly from their spot accounts. Bitget also upgraded its Liquidity Incentive Program with better maker-taker rates last month, in a boost to institutional growth. The exchange also contributed to conversations around crypto economy and tech innovation at global platforms like TOKEN2049 Dubai and Paris Blockchain Week. Helmed by CEO Gracy Chen, Bitget has gained popularity among retail traders over the years by offering advanced trading tools and a user-friendly interface. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
16-05-2025
- Business
- Hamilton Spectator
Bitget Gains Market Share in April 2025 Monthly Report Highlights
VICTORIA, Seychelles, May 16, 2025 (GLOBE NEWSWIRE) — Bitget , the leading cryptocurrency exchange and Web3 company, released its April 2025 Transparency Report, highlighting a month of growth, regulatory milestones, and continued momentum despite broader market uncertainties through consistent innovation and strong execution. In a month marked by market correction and investor caution, Bitget recorded a futures trading volume of $757.6 billion, representing 17.3% growth month-on-month. Spot trading volume also rose to $68.6 billion, defying the broader industry downturn. These gains contributed to Bitget's rise as the 3rd largest crypto exchange by trading volume, with a market share of 7.2%, reflecting strong performance and continued momentum in a competitive market environment. According to Coingecko and WuBlockchain , Bitget defied broader exchange trends, gaining market share while others contracted. Bitget also surpassed 120 million users, signaling strong platform engagement and trust in its products and services. In April, Bitget made a major regulatory leap by securing both DASP and BSP licenses in El Salvador, allowing it to offer full crypto services—spot, derivatives, staking, and yield—under one of the world's most forward-thinking digital asset frameworks. The month also marked the launch of Bitget Onchain , a feature that lets users trade on-chain assets directly through the Bitget app using USDT or USDC. This bridges the gap between centralized UX and decentralized access, making Web3 more approachable. To support institutional growth, Bitget upgraded its Liquidity Incentive Program with better maker-taker rates and faster onboarding, boosting liquidity across spot and derivatives markets. On the marketing front, Bitget teamed up with FC Barcelona star Raphinha in a global campaign spotlighting smart trading tools like Copy Trading, Launchpool, and Pre-market. This was paired with the 'Your Team, Your Skin' initiative with LALIGA, letting users personalize their trading interface with team branding. Bitget Research Employment Report estimates blockchain could create 500,000 jobs by 2028, echoing the growth path of the AI sector and highlighting blockchain's expanding impact. Finally, Bitget reinforced its global presence with immersive activations at TOKEN2049 Dubai and Paris Blockchain Week, including side events like Cryptoverse Dream Night, underscoring its commitment to community and innovation. Between regulatory wins, rapid user growth, and focus on accessibility and security, Bitget leads as one of the top players in the crypto industry's evolution. As market sentiment begins to shift, Bitget is geared up to lead the next phase of crypto adoption and WEB3 integration. For the full transparency report, visit here . About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . A photo accompanying this announcement is available at
Barnama
24-04-2025
- Business
- Barnama
Bitget Upgrades Liquidity Incentive Program With Top-Tier Maker Rebate For Institutional Traders
VICTORIA, Seychelles, April 24 (Bernama) -- Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic update aligns with Bitget's commitment in 2025 to serving institutional investors, improving liquidity depth, and trading efficiency across its platform. The upgraded program introduces a tiered system with market-leading fee incentives, including maker rebates of up to -0.012% on spot and -0.005% on futures, and taker fees starting as low as 0.02% and 0.025%, respectively. For the first time, maker rebates will apply to major perpetual contract trading pairs such as BTCUSDT and ETHUSDT, significantly enhancing rewards for liquidity providers and high-frequency trading firms. Around 130 futures pairs now enjoy Bitget's top-tier fee rates, with more to be added in the following months after regular liquidity review.
Globe and Mail
24-04-2025
- Business
- Globe and Mail
Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders
VICTORIA, Seychelles, April 24, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic update aligns with Bitget's commitment in 2025 to serving institutional investors, improving liquidity depth, and trading efficiency across its platform. The upgraded program introduces a tiered system with market-leading fee incentives, including maker rebates of up to -0.012% on spot and -0.005% on futures, and taker fees starting as low as 0.02% and 0.025%, respectively. For the first time, maker rebates will apply to major perpetual contract trading pairs such as BTCUSDT and ETHUSDT, significantly enhancing rewards for liquidity providers and high-frequency trading firms. Around 130 futures pairs now enjoy Bitget's top-tier fee rates, with more to be added in the following months after regular liquidity review. To further accelerate onboarding, new liquidity providers can submit historical trading records to receive a tier upgrade, granting access to better fee rates and higher API rate limits from the start. "In 2025, one of our top strategic priorities is the expansion of Bitget's institutional ecosystem. By upgrading our liquidity incentives, we aim to create a more attractive and sustainable environment for market makers and professional traders. Strong institutional participation not only drives market depth but also contributes to the mass adoption of cryptocurrencies," said Gracy Chen, CEO of Bitget. This announcement follows Bitget's recent upgrade of its institutional lending services, which now support over 50 collateral assets with flexible loan terms of up to 12 months — providing institutions with scalable and efficient access to capital. In parallel, Bitget also launched invite-only live trading for its Unified Account, enabling professional traders to manage spot, margin, and futures positions under one simplified interface. Together, these enhancements form a critical part of Bitget's broader institutional strategy, aimed at delivering a seamless, high-performance infrastructure that meets the evolving needs of sophisticated trading firms. For more details on the updated program, visit: Liquidity Incentive Program About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Hamilton Spectator
24-04-2025
- Business
- Hamilton Spectator
Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders
VICTORIA, Seychelles, April 24, 2025 (GLOBE NEWSWIRE) — Bitget , the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic update aligns with Bitget's commitment in 2025 to serving institutional investors, improving liquidity depth, and trading efficiency across its platform. The upgraded program introduces a tiered system with market-leading fee incentives, including maker rebates of up to -0.012% on spot and -0.005% on futures, and taker fees starting as low as 0.02% and 0.025%, respectively. For the first time, maker rebates will apply to major perpetual contract trading pairs such as BTCUSDT and ETHUSDT, significantly enhancing rewards for liquidity providers and high-frequency trading firms. Around 130 futures pairs now enjoy Bitget's top-tier fee rates, with more to be added in the following months after regular liquidity review. To further accelerate onboarding, new liquidity providers can submit historical trading records to receive a tier upgrade, granting access to better fee rates and higher API rate limits from the start. 'In 2025, one of our top strategic priorities is the expansion of Bitget's institutional ecosystem. By upgrading our liquidity incentives, we aim to create a more attractive and sustainable environment for market makers and professional traders. Strong institutional participation not only drives market depth but also contributes to the mass adoption of cryptocurrencies,' said Gracy Chen, CEO of Bitget. This announcement follows Bitget's recent upgrade of its institutional lending services, which now support over 50 collateral assets with flexible loan terms of up to 12 months — providing institutions with scalable and efficient access to capital. In parallel, Bitget also launched invite-only live trading for its Unified Account, enabling professional traders to manage spot, margin, and futures positions under one simplified interface. Together, these enhancements form a critical part of Bitget's broader institutional strategy, aimed at delivering a seamless, high-performance infrastructure that meets the evolving needs of sophisticated trading firms. For more details on the updated program, visit: Liquidity Incentive Program About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . A photo accompanying this announcement is available at
