Bitget, a leading crypto exchange and Web3 platform, published its May 2025 Transparency Report, showcasing notable growth despite a consolidating market.
The report highlights key achievements in trading activity, innovation, global expansion, and social impact initiatives.
While the total crypto market cap declined from $3.6 trillion to $3.28 trillion in May and daily volumes averaged $84.44 billion, Bitget defied the trend.
Its overall trading volume jumped 21%, driven by a 26% rise in futures trading. Spot trading also saw significant activity, reaching $107 billion for the month.
Bitget secures global #3 spot in spot trading volume
The performance secured Bitget the #3 spot globally for spot trading volume, trailing only Binance and Bybit.
The exchange also captured approximately 8.9% of the market share, according to data from Coingecko. Bitget’s strong showing amid market consolidation underscores its growing influence and resilience, as well as its commitment to transparency and sustainable expansion in the crypto space.
In May 2025, Bitget added over 500,000 new users, contributing to more than 2 million new users in Q2 alone. The exchange also reported a remarkable 192% Proof of Reserves ratio—well above the industry average—demonstrating its strong asset backing and transparency.
Additionally, Bitget’s Protection Fund reached a record high of $725 million, reinforcing its commitment to user protection and long-term security.
These milestones highlight Bitget’s continued growth, user trust, and its focus on maintaining a secure and transparent trading environment amid increasing scrutiny in the crypto sector.
Bitget marks 2 years of Blockchain4Youth with 8,000+ participants in 70+ countries
In May, Bitget strengthened its social impact initiatives through its Blockchain4Youth program, which celebrated its second anniversary with over 8,000 participants across more than 70 countries.
The exchange also backed Google’s “Build With AI” Hackathon, provided emergency relief to earthquake victims in Myanmar, and expanded its Starlink Program in the Philippines to bring satellite internet to underserved islands, promoting digital and blockchain inclusion.
Beyond community outreach, Bitget continues to lead in on-chain integration and fiat-crypto innovation, setting high standards in trust, security, and product utility.
These efforts reinforce Bitget’s role as a major force in shaping the future of crypto and Web3 applications worldwide.
Also Read: Bitget, The 3rd Largest Crypto Exchange By Volume, Sees $757.6B In Futures & $68.6B In Spot Trading
Bitget Wallet hits milestone with rebrand and major feature upgrades
May marked a major milestone for Bitget Wallet, which rebranded under the new “Crypto for Everyone” identity and introduced several key upgrades.
Highlights included the integration of Paydify, enabling smooth fiat onramps in Latin America, and the launch of a “Shop with Crypto” marketplace, allowing users to spend digital assets at over 300 global brands.
Additionally, Bitget unveiled Wallet Alpha, a mobile-native platform designed for seamless token discovery and one-click trading across more than 130 blockchains.
These developments reflect Bitget’s focus on accessibility, utility, and expanding real-world use cases for crypto on a global scale.
Also Read: Bitget Wallet Becomes First to Support Paydify for Real-World Stablecoin Transactions