The firm saw a notable growth in spot trading volume in South Asia in Q4 2023—a 54% increase over the previous quarter's data. In 2023, Bitget's total trade value surpassed $3.14 trillion. "The incredible jump in our spot trading volumes in South Asia is the result of building trust, perseverance, and a strong relationship with our users in the region," stated Vugar Usi Zade, COO at Bitget, in response to the growth.
 

"At Bitget, we're improving security compliance as we follow local and international financial regulations, offer a strong web3 ecosystem, and invest in blockchain startups with significant potential."

With the assistance of 1,500 employees, Bitget's user base grew to 20 million. 355 new listings were added as a result of the platform's listing strategy, representing an amazing 46% year-over-year increase. This has increased Bitget's selection of over 600 tokens and 700 spot trading pairs, demonstrating our dedication to a wide range of assets.
 

Success with Bitget native token

The native Bitget token, BGB, saw a spike in demand due to the platform's speed. Its value increased by more than 300 percent from the start of 2023 to its all-time high price of $1.2 USD in February 2024. Updates to the platform have resulted in a significant increase in trading volume and a spike in BGB holders—nearly 217,000 by the end of 2023. Not to mention compliance successes, advancements in launchpad and launchpool, and ongoing work to improve Bitget's trading services and ecosystem.

Bitget revealed the $100 million WEB3 Fund in 2023, with the goal of boosting the blockchain startup scene in Asia. Bitget organized more than 12 gatherings and events in South Asia alone, such as Build For Web3, which gave Indian businesses access to financial options through the $10 million BlockchainForYouth Fund. With the help of these programs, Bitget has established a solid reputation and trust in the South Asian market, winning the support of more than a million users in the process.