Tag: Exchange

Crypto Exchange BitGet Says Userbase Has Now Exceeded 45 Million After Six Years in Business

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Crypto exchange BitGet now has more than 45 million registered users worldwide as the platform’s global user count has surged by 400% since 2023. BitGet CEO Gracy Chen revealed the numbers as the platform marks its sixth year in business. This year alone, the exchange’s growth rate in Africa is up by 1,614%. BitGet’s userbase in South Asia and Southeast Asia also increased by 729% and 216%, respectively. In the first half of 2024, the net inflow of assets on BitGet reached $779 million. The platform’s daily trading volume is…

Crypto Exchange Bitget Secures Multi-Million Dollar Partnership With La Liga

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Bitget, a leading cryptocurrency exchange, has announced a multi-million dollar partnership with La Liga, the popular Spanish football league. This deal establishes Bitget as the official crypto partner for La Liga across Eastern Asia, Southeast Asia, and Latin America. Bitget and La Liga Join Forces The collaboration was revealed at the Token2049 event in Singapore […] Source

Crypto Exchange Volumes Reach Highest Levels Since May, Top Performer Gains Over 560%

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Although August was one of the worst months for Bitcoin (BTC) price this year, retail investor activity on leading centralized exchanges rebounded significantly. Reaching nearly $910 billion, August volumes hit their highest levels since May 2024. However, it’s worth noting that this is still over 50% less than the record-breaking March, when volume reached $2.1 trillion. Top Crypto Exchanges Continue Upward Trend According to the latest analysis by Finance Magnates Intelligence, the total spot volume for the 10 largest centralized exchanges in August was $908 billion, representing a 5% increase…

Binance CEO Richard Teng: Exchange Sees 40% Rise in Institutional Investors This Year

CoinspeakerBinance CEO Richard Teng: Exchange Sees 40% Rise in Institutional Investors This Year Binance CEO Richard Teng announced a 40% rise in institutional and corporate investors on the platform this year. He shared this achievement during an interview with CNBC on September 18, 2024. Teng noted that this jump in institutional interest is “just the beginning,” as many firms are still conducting research before fully entering the crypto market. Even with ongoing regulatory challenges, Binance has managed to attract major investors, highlighting the company’s strategic shift under Teng’s leadership. Since…

Bitcoin Exchange On The Horizon For Europe’s 3rd Biggest Stock Exchange

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Este artículo también está disponible en español. According to the Financial Times, the Swiss stock exchange SIX, the third largest in Europe, is exploring the possibility of launching a new Bitcoin and crypto exchange in the country, aiming to position itself to compete with exchanges like Binance, OKX and Coinbase.  SIX Group Plans New Bitcoin Trading Venue Bjørn Sibbern, Global Head of Exchanges at SIX Group, highlighted the potential for creating a platform to facilitate trading in spot cryptocurrencies and derivatives, noting that crypto has become a globally recognized asset…

Binance Issues Statement, Denies Involvement in $230,000,000 Hack of Crypto Exchange WazirX

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The world’s leading cryptocurrency exchange by trading volume is distancing itself from a cyberattack that recently compromised the WazirX trading platform. In a statement released today, Binance said that it has never owned, controlled, or operated WazirX and that it was not involved in the compromised wallet, contrary to speculation. “The WazirX team and Nischal Shetty continue to mislead WazirX customers and the market regarding the relationship between WazirX and Binance. Binance has not owned, controlled, or operated WazirX at any time, including before, during, or after the July 2024…

Decentralized Crypto Exchange dYdX to Offer Perpetual Futures on Prediction Markets, dYdX Foundation CEO Says

Prediction markets allow investors to place bets on the outcome of specific events, ranging from sports, financial asset prices, political events and even the weather, using financial incentives. Perpetuals are futures-like derivatives contracts without an expiry date, allowing market participants to hold positions as long as they see fit. Source BitcoincryptoexchangeExchanges CryptoX Portal

Argentine Exchange Ripio Announces Defi Credit Card

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Ripio, a leading Argentine exchange, has announced that it has created a Visa-backed decentralized finance (defi) credit card allowing users to put crypto in a liquidity pool as collateral for purchases. The card, currently in the testing phases, will not sell the cryptocurrencies owned automatically but will instead borrow up to 30% of the capital […] Source