Bitget Q2 Report Highlights $700M Capital Inflow and nearly 50% Rise in Traffic

Global, 11^th July, 2024 — Bitget, the leading cryptocurrency exchange and Web3 company, has released the quarterly transparency report for Q2 2024 showcasing the company’s progress in the year so far. Q2 2024, Bitget experienced a substantial increase in website traffic, seeing a nearly 50% rise, which brought in a surge of 10M monthly visitors.

The exchange’s inflow of funds increased. Data from the Bitget Proof-of-Reserve (PoR) page indicates that in the first 6 months, the number of users’ BTC, USDT, and ETH surged by 73%, 80%, and 153% respectively, equalling approximately $700 million in capital inflow. The growth was complemented by the addition of 2.9 million new users to the platform, aligning with its expanding reach and world-class crypto trading solutions. The spot trading volume on Bitget increased by over 10%, from $28B in Q1 to $32B in Q2.