Who is Bitget?
Five years ago, a visionary group of traditional finance experts and innovators embarked on a journey to reshape the digital landscape. Inspired by Nakamoto Satoshi’s vision of a more equitable financial system, Bitget emerged as a beacon of innovation.
Born during the 2018 bear market, Bitget has always been driven by the belief that cryptocurrencies are destined to become a cornerstone of the global financial system. The name “Bitget” symbolizes our relentless mission: to promote mainstream crypto adoption, echoing Satoshi’s sentiments in the Bitcoin White Paper.
Bitget becomes 5:
Over the past five years, Bitget has been at the forefront of the crypto revolution:
- 2018: Bitget’s founding during the bear market.
- 2019: Groundbreaking launch of USDT-M Futures trading.
- 2020: Launch of the groundbreaking copy trading product, with more than 110,000 experts participating since then.
- 2021: Hosted the first KCGI trading competition, witnessing participation from 7,467 seasoned traders and distribution of over 500,000 USDT in rewards.
- 2022: Establish a historic partnership with football legend Lionel Messi and broaden our spectrum of investment products and DeFi services.
- 2023: Bitget’s native token (BGB) reached an all-time high of US$0.515241 in February.
Bitget’s Awesome Rankings:
In 2023, Bitget proudly secured the number 5 spot on Coin Market Cap, a testament to our relentless pursuit of excellence and dedication to our users.
Bitget’s commitment to transparency and user security:
Transparency and user security are an important focus in Bitget’s broad mission. User security is our priority. The Bitget Protection Fund gives our platform additional resilience against cyber threats. Next to ours Evidence of reservesshows the fund that we are committed to protecting your assets and that we operate transparently and with integrity. Users who have had their accounts compromised or assets stolen or lost due to events not due to their own actions or trading behavior can file a claim through the Bitget Protection Fund. In July 2022, we rolled out our $200 million Bitget Protection Fund as part of our user-centric approach, becoming the first centralized exchange to make determined efforts to protect users’ assets. Following the demise of FTX, we increased the fund’s value to $300 million, with a commitment to maintain this value within three years to restore market confidence in centralized exchanges (CEXs). The fund is currently valued at $350 million.
- Transparency Reports: Released quarterly, these reports provide candid insight into Bitget’s growth, operations, and financial health. All reports are accessible on our website.
- Protection Fund: Established in July 2022 with an initial value of $200 million, the Bitget Protection Fund embodies our commitment to user security. Following the unfortunate demise of FTX, we increased the fund to $300 million, pledging to maintain this for three years to reaffirm market confidence in centralized exchanges. The fund, currently valued at $350 million, is a testament to Bitget’s commitment to protecting user assets in an ever-evolving crypto landscape.
- Proof of reserves: Bitget guarantees 100% reserves of user assets and publishes our Merkle Tree proof, platform reserves and reserve ratio monthly. With a total reserve ratio of 208%, Bitget guarantees the safety of user assets. Our open source proof of reserves code is available on GitHub, underscoring our commitment to transparency.
Bitget’s unique offering for the NL market:
- Welcome bonus: Deposit $100 and receive a $100 bonus.
- Welcome bonus: Deposit $50 and get a $50 bonus.
- 50% cashback: An irresistible offer for our valued users.
- 0% Transfer fees: Absolutely no fees on deposits via UK banks and credit cards.
- KYC for EN region: ensuring compliance and security for our users. KYC is advised but not enforced in the EN regions; UK, CA and AU.
The future of Bitget:
Bitget is the world’s premier copy trading exchange. Our flagship product, Bitget One-Click Copy Trade, has revolutionized the trading experience and fostered a collaborative environment where seasoned traders and beginners can mutually benefit. With over 100,000 traders, 410,000 followers and over 100 million transactions, Bitget is the undisputed leader in crypto copy trading.
Our commitment to liquidity, security and compliance sets us apart. We are proud of our impeccable security record and our commitment to global regulatory compliance. Our partnership with decentralized data warehousing service provider Space and Time (SxT) further strengthens our reputation as a pioneer in the crypto space.
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