Bitget Blog
April 2025 Transparency Report TLDR;
- Bitget recorded a futures trading volume of $757.6 billion in April, marking 17.3% month-on-month growth.
- Total user base has now surpassed 120 million.
- Bitget ranked 3rd by trading volume in April; market share increased to 7.2% while others declined.
- Secured full licensing in El Salvador (DASP + BSP) for both spot and derivatives services.
Introduction
In April 2025, the crypto market experienced significant volatility and a bearish trend. The total market capitalization dropped 
2025-05-16
2025-05-16
Top picks
- Bitget Lists ELDEUSDT for Futures Trading and Trading Bots
Victoria, Seychelles, 28 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has introduced ELDEUSDT futures for trading on its platform. The new listing supports a maximum leverage of 20x and is compatible with Bitget’s suite of futures trading bots, providing users with expanded tools for strategic investment.
The ELDEUSDT contract enables perpetual trading on a 24/7 basis, with settlement denominated in USDT. The instrument supports a tick size of 0.00001 and enforces f2025-05-28
- Bitget’s May 2025 Proof of Reserves Report Confirms 192% Reserve Ratio
Victoria, Seychelles, 28 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has released its May 2025 Proof of Reserves (PoR) report, as a part of its monthly sharing, upholding user asset security and operational transparency. The latest assessment confirms a strong 192% overall reserve ratio, showing Bitget’s secure over-collateralization and prudent asset management practices.
The May audit consistently shows high reserve levels across major assets. Bitcoin holdings ar2025-05-28
- Bitget Launches PFVSUSDT for Futures Trading and Trading BotsVictoria, Seychelles, 28 May, 2025 – Bitget, a leading global cryptocurrency exchange and Web3 platform, has officially introduced PFVSUSDT-M perpetual futures for trading on its platform. The new listing supports a maximum leverage of 20x and is compatible with Bitget’s suite of futures trading bots, providing users with expanded tools for strategic investment.
The PFVSUSDT-M contract enables perpetual trading on a 24/7 basis, with settlement denominated in USDT. The instrument supports a tick 2025-05-28
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- BitgetApril 2025 Transparency Report TLDR; - Bitget recorded a futures trading volume of $757.6 billion in April, marking 17.3% month-on-month growth. - Total user base has now surpassed 120 million. - Bitget ranked 3rd by trading volume in April; market share increased to 7.2% while others declined. - Secured full licensing in El Salvador (DASP + BSP) for both spot and derivatives services. Introduction In April 2025, the crypto market experienced significant volatility and a bearish trend. The total market capitalization dropped2025-05-16
- Trading botsBitget’s Futures Titan Leaderboard Round 8: Celebrate Bitcoin Pizza Day with Over Half a Million in IncentivesEvery few weeks, Bitget brings the heat with its Futures Titan Leaderboard—a high-energy trading challenge where crypto traders around the world battle for a spot among the top. And this time, it’s back bigger than ever with Round 8: A Pizza Day Special. Whether you’re a seasoned futures trader or a curious newcomer, this round offers a huge opportunity to sharpen your trading game and grab a slice of the 564,000 USDT campaign pool, along with surprises like gold tokens and pizza vouchers inside2025-05-09
- BitgetBitget Q1 2025 Transparency Report TLDR; Bitget recorded $2.08 trillion total trading volume in Q1 2025; Spot trading volume surged 159% QoQ to $387 billion. Bitget and Bitget Wallet added 19.89 million new users in Q1 2025, increasing its total user base by 20% to over 120 million users in its ecosystem. Bitget’s Protection Fund grew steadily from $495 million in January to $514 million by March 2025. Bitget transferred ~$100 million in ETH to Bybit post-hack, demonstrating exchange solidarity and trust-building in cris2025-04-11
- Press releaseBitget Token (BGB) Burn Model Updated with First Quarterly Burn Exceeding 30 Million Tokens Victoria, Seychelles, April 9, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB's quarterly burn amount to its on-chain usage, signifying the token's evolution towards higher transparency, compliance, and sustainable token value. To better reflect the growing integration of BGB across centralized and decentralized e2025-04-09
- Press releaseBitget Launches Bitget Onchain to Give CEX Users Early Access to Promising On-chain Assets Victoria, Seychelles, 7th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, unveils Bitget Onchain — a groundbreaking innovation that bridges the best of CEX and DEX. By combining the speed, security, and simplicity of centralized platforms with direct access to emerging on-chain assets, Bitget Onchain redefines how users discover and trade the next wave of crypto opportunities. Bitget Onchain provides on-chain asset transactions directly on the Bitge2025-04-07
Press releaseBitget Secures El Salvador Digital Asset Service Provider (DASP) License After BSP Approval Victoria, Seychelles, 4th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has obtained the Digital Asset Service Provider (DASP) license from El Salvador’s National Commission of Digital Assets (CNAD), expanding its regulatory framework within the country. This development comes after the earlier acquisition of the Bitcoin Services Provider (BSP) license in 2024. El Salvador is one of the pioneering jurisdictions passing comprehensive legislation2025-04-04
Press releaseBitget Celebrates 1.5 million Downloads in February Victoria, Seychelles, 20 March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces its position as the third most downloaded crypto exchange app worldwide in February 2025, according to data from SensorTower. With 1.57 million downloads, the platform trails only Binance and OKX in global rankings, further cementing its role as a key player in the digital asset industry. This milestone follows Bitget’s recent recognition as the #8 most trusted crypto2025-03-20
Press releaseBitget Lists ELDEUSDT for Futures Trading and Trading Bots Victoria, Seychelles, 28 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has introduced ELDEUSDT futures for trading on its platform. The new listing supports a maximum leverage of 20x and is compatible with Bitget’s suite of futures trading bots, providing users with expanded tools for strategic investment. The ELDEUSDT contract enables perpetual trading on a 24/7 basis, with settlement denominated in USDT. The instrument supports a tick size of 0.00001 and enforces f2025-05-28
Press releaseBitget’s May 2025 Proof of Reserves Report Confirms 192% Reserve Ratio Victoria, Seychelles, 28 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has released its May 2025 Proof of Reserves (PoR) report, as a part of its monthly sharing, upholding user asset security and operational transparency. The latest assessment confirms a strong 192% overall reserve ratio, showing Bitget’s secure over-collateralization and prudent asset management practices. The May audit consistently shows high reserve levels across major assets. Bitcoin holdings ar2025-05-28
Press releaseBitget Launches PFVSUSDT for Futures Trading and Trading BotsVictoria, Seychelles, 28 May, 2025 – Bitget, a leading global cryptocurrency exchange and Web3 platform, has officially introduced PFVSUSDT-M perpetual futures for trading on its platform. The new listing supports a maximum leverage of 20x and is compatible with Bitget’s suite of futures trading bots, providing users with expanded tools for strategic investment. The PFVSUSDT-M contract enables perpetual trading on a 24/7 basis, with settlement denominated in USDT. The instrument supports a tick2025-05-28
Press releaseBitget Launches ZBCNUSDT Perpetual Futures with Trading Bot Integration Victoria, Seychelles, 27 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the official launch of ZBCNUSDT perpetual futures trading, effective May 26, 2025 (UTC+8). This addition offers traders access to up to 20x leverage and includes full support for futures trading bots, further enhancing automated strategies and risk management capabilities across Bitget's platform. The ZBCNUSDT-M contract is settled in USDT and features a tick size of 0.0000001. Fundi2025-05-27
Press releaseBitget Announces Spot System Upgrade to Enhance Performance and StabilityVictoria, Seychelles, 27 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company has announced that it will conduct a scheduled system upgrade for its spot trading infrastructure on May 27, 2025. The upgrade aims to improve overall system performance, reliability, and user experience. The maintenance will take place from 2:30 PM to 4:00 PM (UTC+8), with a total expected duration of approximately 1.5 hours. Throughout this period, all spot trading services will remain online and2025-05-27
Press releaseBitget Expands into Real-World Assets with BGUSD, Offering Daily Yields and High Liquidity Victoria, Seychelles, 27 May 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of BGUSD, a yield-bearing stable asset certificate designed to enhance capital efficiency and provide passive income opportunities for users worldwide. BGUSD is fully integrated into the platform’s trading and wealth management infrastructure, offering a multifaceted utility layer backed by real-world assets. BGUSD is redeemable for2025-05-27
Press releaseBitget’s Blockchain4Youth Celebrates Two Years of Youth-Driven Innovation Victoria, Seychelles, 26 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, is excited to celebrate the 2nd Anniversary of Blockchain4Youth. With over 8,000 participants globally and more than 3,000 certificates issued, the program continues to empower the next generation with the knowledge and tools needed to shape the future of blockchain and Web3 innovation. The initiative’s success is anchored in its mission to bridge the knowledge gap between emergi2025-05-26
Hot EventsBitget to Participate in the 4th International Technology Forum and Exhibition "THE TRENDS"Bitget, a leading cryptocurrency exchange and Web3 company, will participate in the 4th International Technology Forum and Exhibition "THE TRENDS," which will be held on May 28–29 in Moscow. The event will bring together 11,000 attendees and more than 110 speakers—including government representatives, visionaries, innovators, opinion leaders, entrepreneurs, founders, and top executives from IT, AI, and Blockchain companies, as well as media and creative industry professionals—to discuss the deca2025-05-26
Press releaseBitget Lists World Liberty Financial's USD1 (USD1) Token for Spot Trading Victoria, Seychelles, 26 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of USD1, adding it to spot trading. World Liberty Financial's USD1 is a fiat-backed stablecoin pegged 1:1 with US Dollars. Trading for USD1/USDT and USD1/USDC trading pair will begin on 26 May 2025, 10:00 (UTC), with withdrawals available on 27 May 2025, 11:00 (UTC). The USD1, issued by the Trump family-affiliated World Liberty Financ2025-05-26
Press releaseBitget Lists Huma Finance ($HUMA) for Spot Trading Victoria, Seychelles, 23 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Huma Finance ($HUMA), adding it to spot trading. Huma Finance is the first PayFi network, a decentralized protocol designed to provide income-backed lending and payment financing solutions. Trading for the HUMA/USDT pair will begin on 26 May 2025, 13:00 (UTC), with withdrawals available from 27 May 2025, 14:00 (UTC). Huma Finance is a Web3 protocol f2025-05-23
Press releaseBitget Lists TGTUSDT for Futures Trading and Enables Futures Trading Bots Victoria, Seychelles, 23 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company has announced the listing of TGTUSDT perpetual futures contract has started. The launch brings both manual and automated trading capabilities to users, featuring up to 20x leverage and seamless integration with Bitget’s futures trading bots. Designed for flexibility and efficiency, the TGTUSDT contract is settled in USDT and features a tick size of 0.0001. Funding fees are processed every four hour2025-05-23
Press releaseBitget Lists BLUEUSDT Perpetual Futures with 20x Leverage and Trading Bot Support Victoria, Seychelles, 23 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of the BLUEUSDT perpetual futures contract, available for trading has begun. This latest addition allows traders to access up to 20x leverage and tap into Bitget’s advanced futures trading bots for automated strategy execution. The contract is settled in USDT and features a tick size of 0.0001. With funding fees processed every four hours and 24/7 trading availability, BLU2025-05-23
Press releaseBitget and Cryptita Plays Inspire Next Generation with Young Learners' Encyclopedia Victoria, Seychelles, 23 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced its collaboration with Cryptita Plays on the Young Learners' Encyclopedia, an illustrated book designed to introduce blockchain and crypto concepts to youths through engaging stories and visuals. The collaboration aligns perfectly with Bitget’s Blockchain4Youth and Blockchain4Her, which aims to make blockchain education accessible to young people and underrepresented communities worl2025-05-23
Press releaseBitget Offers 50% Discount on Maker Fees to Celebrate Bitcoin’s New All-Time HighVictoria, Seychelles May 22, 2025 — Bitget, the leading cryptocurrency exchange and Web3 company, is thrilled to announce a 50% discount on maker fees for spot grid trading. This limited-time promotion is in celebration of Bitcoin (BTC) reaching a new all-time high, marking a historic milestone for the crypto community. As Bitcoin breaks new ground and captures the global spotlight, Bitget is giving back to its users by making trading even more accessible and rewarding. The 50% discount on maker2025-05-22
Press releaseBitget to Support STP (STPT) Token Swap and Rebranding to AWE Network (AWE)Victoria, Seychelles, May 22, 2025 — Bitget, a leading global cryptocurrency exchange and Web3 company, announces its full support for the STP (STPT) token swap and rebranding initiative to AWE Network (AWE). This strategic move aligns with STP’s vision to evolve its ecosystem under the new identity of AWE Network, a decentralized infrastructure focused on enhanced Web3 development and user experience. As part of this transition, Bitget will facilitate the token swap process and update its trad2025-05-22
Press releaseBitget Lists BuildOn ($B) adding it to Spot Trading Victoria, Seychelles, 22 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of BuildOn, adding it to spot trading. BuildOn is built on A2A (Agent-to-Agent) architecture and automates the entire research & investing cycle through on-chain data insights, asset analysis, and personalized strategies. Trading for the B/USDT pair begins today, 22 May 2025, 12:00 (UTC), with withdrawals available 23 May 2025, 13:00 (UTC). BuildOn comb2025-05-22
Hot EventsBitget Named “Best Cryptocurrency Exchange” at VI Kazan CryptoForumBitget, a leading cryptocurrency exchange and Web3 company, has been recognized as the "Best Cryptocurrency Exchange of 2025" at the 5th Kazan CryptoForum. Several other CIS-based crypto platforms were nominated in this category, but after a thorough analysis and an open vote, the jury ultimately favored Bitget. "Receiving this award is a great honor and a natural result of our efforts. Our team is actively promoting the brand in the CIS market, and we are already seeing the results of this work2025-05-21
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