Bitget Monthly Ecosystem Updates: Supporting TON Mainnet, New Token Listings, and More

Bitget, the leading cryptocurrency exchange and Web3 company, has released its monthly report highlighting the ecosystem's updates for July 2024.

Crypto exchange Bitget has released its monthly report, highlighting the ecosystem's updates for July 2024.

Bitget Wallet’s MPC wallet solution now supports the TON mainnet, enabling users to create and import wallets easily via email. This integration positions Bitget Wallet as the largest integrated wallet in the TON ecosystem.

Moreover, Bitget Wallet's performance in Nigeria was remarkable, surpassing popular apps like TikTok and WhatsApp with a 200% surge in downloads during June, making it the top choice for Nigeria-based crypto users.

In other news, Forbes included BGB in its list of best performing tokens in 2024. Additionally, CCData highlighted Bitget's growing market share among centralized exchanges in the first half of the year.

Throughout July, Bitget unveiled several reports and updates to enhance user awareness about the evolving crypto landscape. The exchange listed 33 new tokens, increasing the total count to 873.

The total trading volume (TVL) reached $204.3 billion, reflecting a 7.2% monthly growth. Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL) led the top 10 cryptocurrencies by TVL, followed by PEPE, WLD, WIF, NOT, ZRO, and MEW – all memecoins.

In a strategic partnership with Upland, Bitget launched the utility token SPARKLET on Ethereum. This collaboration included establishing Bitget's virtual headquarters in Upland's metaverse, featuring extensive token airdrops and rewards for both communities.

Bitget acquired Treasure Island, consisting of 888 properties. Furthermore, Upland's token, SPARKLET, was exclusively listed on Bitget's launchpool, giving users a competitive advantage.

On the research side, Bitget, in collaboration with Nansen, released insights on token-discovery strategies. This report aims to provide traders with essential information and strategies for investing in early-stage projects. By evaluating data sets correlated to token prices, Bitget and Nansen offer valuable insights for traders.

The platform retained 25 million users with a daily trading volume of $10 billion. It currently hosts over 180,000 professional traders and 800,000+ copy trading followers. With over 80 million successful trades, users gained $500 million, and elite traders shared $23 million in profits. The platform offers 800+ tokens and 900+ spot trading pairs, with a daily spot trading volume of $400 million and $7 billion in USDT-M Futures.

For more information, please visit the monthly report here.