Bitget, one of the leading cryptocurrency exchanges in the world, has achieved a significant milestone in 2024, surpassing 100 million users and cementing its position as the second-largest crypto exchange globally by user base.
Top Performers Making 50 Months’ Salary as Bonus
CEO Gracy Chen recently shared the company’s exceptional performance with the public, revealing that top performers within the company earned up to 50 months’ worth of salary as part of their year-end bonuses, while most employees earned between 18 to 22 months’ salary.
This impressive achievement is a reflection of the hard work and resilience of Bitget’s global team, which now consists of 1,700 employees.
Under Chen’s leadership, Bitget has seen not only a substantial increase in its user base but also transformative updates to its operations. The company has experienced exponential growth, largely driven by geographic diversification and a focus on innovation.
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Notably, regions like South Asia, Southeast Asia, and Latin America have seen a surge in user adoption, helping to shift the company’s market dynamics. South Asia’s share of the user base has tripled to 15%, and Southeast Asia now accounts for 12%.
These regions’ growth has been crucial in reducing the exchange’s reliance on East Asia, which had previously accounted for 90% of Bitget’s users in 2021.
Plans on the Roadmap
In a bold move, Bitget released a new whitepaper outlining plans to burn 800 million BGB tokens, a step aimed at increasing the token’s value and reducing supply. This move is expected to benefit token holders and demonstrate the company’s dedication to enhancing the value of its ecosystem.
The CEO’s leadership has been instrumental in driving Bitget’s success. Chen has not only led the company through its most successful year but has also made history by becoming the first woman chosen for SheVerified: The Most Influential Women of Web3, an award presented by a Web3 news publishing company.
In addition to its robust user growth, Bitget’s wallet service, Bitget Wallet, surpassed 60 million users in 2024, reflecting a 300% increase from the previous year. This surge in wallet adoption demonstrates the growing trust users place in Bitget as a comprehensive crypto ecosystem.
As Bitget enters 2025, Chen’s vision for the future remains focused on pushing boundaries and continuing to innovate. With a solid foundation, a growing user base, and a strong team behind it, Bitget is poised to make 2025 its most impactful year yet.
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