Bitget Expands Global Footprint with New Regulatory Approvals and Product Launches

Bitget has reported significant growth in its April 2025 Transparency Report, positioning itself as the third-largest cryptocurrency exchange by trading volume.

Bitget, the cryptocurrency exchange, reported significant growth in its April 2025 Transparency Report, positioning itself as the third-largest exchange by trading volume.

While broader crypto markets faced investor caution and price corrections during the period, Bitget recorded a 17.3% month-on-month increase in its futures trading volume, reaching $757.6 billion. The exchange’s spot trading volumes also rose to $68.6 billion, reflecting continued platform engagement and resilience in what was described as a cooling market. Data from CoinGecko and WuBlockchain now places Bitget’s market share at 7.2%.

Regulatory Approvals Secured in El Salvador

Bitget also advanced its regulatory footprint by acquiring both Digital Asset Service Provider (DASP) and Bitcoin Services Provider (BSP) licenses in El Salvador. These approvals permit Bitget to operate a full suite of crypto services—including spot, derivatives, staking, and yield—within the country’s pro-crypto framework.

This move aligns with El Salvador’s ongoing efforts to build a regulated digital asset economy, following its earlier adoption of Bitcoin (BTC) as legal tender.

New ‘Bitget Onchain’ Feature Bridges CeFi and DeFi

In April, the exchange launched ‘Bitget Onchain,’ a product that enables users to trade on-chain assets directly within the Bitget app using stablecoins like USDT or USDC. The feature aims to streamline access to decentralized assets while preserving a centralized user experience.

Bitget also updated its Liquidity Incentive Program, offering improved maker-taker rates and faster onboarding for institutional users, to boost liquidity across both spot and derivatives markets.

User Growth Surpasses 120 Million; Global Campaigns Launched

The company reported surpassing 120 million users globally, highlighting the growing demand for its services. In parallel, Bitget launched a marketing campaign featuring FC Barcelona footballer Raphinha to promote its trading tools.

It also rolled out a ‘Your Team, Your Skin’ feature in partnership with LALIGA, allowing users to personalize their trading interface with football team branding.

Bitget’s Optimistic Outlook for Blockchain Sector Growth

Bitget’s internal research team projects that the blockchain sector could generate up to 500,000 new jobs by 2028, comparing the growth trajectory to that of the AI industry.

Meanwhile, the exchange continued its global outreach through appearances and activations at TOKEN2049 Dubai and Paris Blockchain Week.

As regulatory frameworks develop and user demand for accessible crypto services increases, Bitget’s recent moves highlight a broader shift toward compliance, product diversification, and cross-market engagement.