Bitget ended the first quarter of 2025 with a total trading volume of $2.08 trillion. The exchange recorded a sharp 159% increase in spot trading, which reached $387 billion this quarter, the report says.
Market participation grew significantly as new listings and core products attracted active traders worldwide. Trading activity improved due to increased investor interest and enhanced digital asset offerings on the platform. This performance illustrated robust market momentum despite a volatile trading environment recently observed.
User Growth and Token Development
Bitget experienced strong user growth by adding 4.89 million new users on its centralized exchange platform this quarter. In addition, Bitget Wallet attracted 15 million new users during the same period.
The global user base of Bitget now exceeds 120 million users across all its platforms. Bitget’s native token, BGB, had a volatile quarter but ended with a net-positive performance overall.
A refreshed roadmap for BGB was introduced, outlining expanded utility in staking, Launchpad participation, and new integrations within DeFi ecosystems. The company maintained a quarterly burn schedule to manage supply pressures effectively and support token value.
Security and Infrastructure Enhancements
Security remained a primary focus as the crypto industry recently experienced record-breaking hacks totaling $2.1 billion. Bitget demonstrated its commitment to user protection by transferring nearly $100 million in ETH to Bybit after a breach occurred.
The exchange showcased strong asset safety through consistent Proof-of-Reserves exceeding 130 percent throughout the quarter.
Bitget’s Protection Fund steadily grew from $495 million in January to $514 million by March, reflecting a cautious approach to risk management. These measures emphasized the platform’s dedication to secure trading and resilient infrastructure.
Global Footprint and Strategic Partnerships
The exchange broadened its global footprint through on-ground events and targeted initiatives in international markets. Bitget entered motorsports sponsorship by supporting Brazilian driver Flávio Sampaio in the 2025 Porsche Carrera Cup.
The company also hosted Ramadan-focused gatherings in the MENA region and Asia to foster community engagement. Over 60,000 meals were distributed during the holy month through partnerships with local organizations.
Bitget further launched the Blockchain4Her initiative, celebrating its first anniversary with $10 million allocated for long-term deployment. This program welcomed three new ambassadors and activated events in Southeast Asia and Eastern Europe to onboard more women into Web3.
Innovative Token Burn Model and Integrations
In a move toward greater transparency, Bitget announced a new utility-based token burn model for BGB. This system links the BGB burn each quarter to on-chain activity measured by BGB usage as gas fees through the Bitget Wallet’s GetGas accounts.Â
The improved integration of AI-backed trading tools, such as Bitget Seed, assists in identifying promising early-stage tokens with strong on-chain signals.
New integrations with Zen and Callpay have improved fiat onramps across Europe and South Africa significantly. Moreover, BGB liquidity expanded further through partnerships with Morph Chain and Bulbaswap, boosting overall market activity.
Bitget’s remarkable Q1 performance highlights its ability to adapt in a competitive and volatile market environment. The exchange continues to invest in strong user growth, advanced security measures, and innovative product enhancements consistently.
Bitget remains focused on scaling its infrastructure and nurturing global partnerships to drive further growth. The strategic moves implemented this quarter set the stage for a prosperous future and stronger resilience during uncertain times.