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    Home»Exchanges»Bitget Reaches 3rd Largest Crypto Exchange Status with 120 Million Users
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    Bitget Reaches 3rd Largest Crypto Exchange Status with 120 Million Users

    Bitget becomes third-largest crypto exchange with 120 million users, growing despite market downturn through new features and regulatory approvals in El Salvador.
    Oli DaleBy Oli DaleMay 16, 2025No Comments3 Mins Read
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    TLDR:

    • Bitget reached 3rd place among crypto exchanges with 7.2% market share
    • Exchange surpassed 120 million users globally
    • Futures trading volume grew to $757.6 billion (17.3% month-on-month increase)
    • Acquired DASP and BSP licenses in El Salvador for full crypto services
    • Launched Bitget Onchain for direct on-chain asset trading through the app

    Bitget has climbed to become the third largest crypto exchange by trading volume while expanding its user base to over 120 million globally, according to its April 2025 Transparency Report.

    The exchange recorded a futures trading volume of $757.6 billion in April, representing a 17.3% growth compared to the previous month. Spot trading volume also increased to $68.6 billion, showing strength despite broader market correction and investor caution.

    Bitget gained market share while other exchanges contracted, according to data from Coingecko and WuBlockchain. The exchange now holds a 7.2% market share in the competitive crypto trading landscape.

    Regulatory Progress and New Features

    April marked a major regulatory advancement for Bitget with the securing of both DASP and BSP licenses in El Salvador. These licenses allow the company to offer a complete range of crypto services including spot trading, derivatives, staking, and yield products under El Salvador’s forward-thinking digital asset framework.

    The month also saw the launch of Bitget Onchain, a new feature enabling users to trade on-chain assets directly through the Bitget app using USDT or USDC. This innovation bridges the gap between centralized user experience and decentralized access, making Web3 more accessible to everyday users.

    To improve liquidity across its markets, Bitget upgraded its Liquidity Incentive Program with better maker-taker rates and faster onboarding processes for institutional traders. This move aims to enhance trading conditions across both spot and derivatives markets.

    On the marketing front, Bitget partnered with FC Barcelona star Raphinha in a global campaign highlighting the exchange’s smart trading tools like Copy Trading, Launchpool, and Pre-market features. The company also launched the “Your Team, Your Skin” initiative with LALIGA, allowing users to personalize their trading interface with team branding.

    Bitget Research released an Employment Report estimating that blockchain technology could create 500,000 jobs by 2028. This projection follows a similar growth trajectory to that seen in the AI sector, indicating blockchain’s expanding impact on employment.

    The exchange reinforced its global presence with activations at major industry events including TOKEN2049 Dubai and Paris Blockchain Week. The company also hosted side events like Cryptoverse Dream Night, showing its commitment to community engagement and innovation.

    Bitget’s growth comes at a time when market sentiment appears to be shifting. The exchange seems well-positioned to lead the next phase of crypto adoption and Web3 integration with its focus on accessibility and security.

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    Oli Dale
    • Website

    Founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More.

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