Cryptocurrency exchange firm Bitget said its derivatives trading volume reached a record high of 8.69 billion on Feb. 28, 2022, representing a 300 percent increase over the prior year.
The increase is attributed to the swift expansion of Bitget’s global markets, in addition to the natural extension of its user base in the wake of establishing partnerships with football teams and e-sports associations that include Juventus, Galatasaray, PGL, and Team Spirit.
“We are thrilled to be able to achieve this growth in a span of 12 months,” Bitget CEO Sandra Lou said. “This would not have been possible without the dedicated support of the Bitget family. We look forward to introducing more dynamic investment options to our users and continuing to grow our community from all corners of the world.”
Lou said the development serves as a monumental moment in the crypto space, and Bitget is eager to contribute to the space in the future.
Additionally, Bitget noted it recently launched its Launchpad feature in lockstep with the cryptocurrency wallet BitKeep, which has over 6 million global users.
Launchpad supports the crypto ecosystem by offering access to promising crypto projects, signifying Bitget’s official expansion into DeFi and the NFT space.