Founded in 2018, Bitget is the world’s largest cryptocurrency exchange and Web3 ecosystem company by net profit. An emerging CoinGecko report illustrates its unmatched altcoin liquidity, putting it well ahead of all other major crypto exchanges. This recognition further highlights Bitget’s vision of delivering users a comprehensive and efficient trading environment, especially for altcoins.
According to the report, Bitget provided the best liquidity for altcoins most of the time. This is especially true under the 0.3% to 0.5% spread from the market price. This impressive presence throughout the middle bands is indicative of Bitget’s ability to push substantial levels of trading depth past high-cap assets.
Bitget is trusted by over 120 million users across more than 150 countries and regions. This includes free, real-time access to data on Bitcoin, Ethereum and every cryptocurrency price out there. The platform is committed to helping users understand how to trade smarter. It does this through its unparalleled copy trading feature and other trailblazing trading solutions.
This range confirmed Bitget the leader in liquidity provisioning for non-BTC assets, the report added. It outperformed every other platform in the mid-depth trading band. The exchange’s narrower spreads point to higher market engagement. This is followed by lower execution costs, which is why it’s the number one choice for altcoin traders.
Altcoin liquidity is a measurement for market depth, and this ranking shows how far Bitget has come. Today, institutions drive 80% of our spot volume, futures activity from professional firms has doubled, and 80% of top quant funds trade on Bitget. Liquidity is infrastructure — and we’re building it where the market needs it most. - Gracy Chen, CEO at Bitget
The exchange’s success relies heavily on its ever-increasing institutional backing. Most notably, Bitget has claimed that 80% of its spot volume comes from institutions. The platform is currently seeing an unprecedented wave of futures activity, specifically from professional firms. Currently, 80% of the highest performing quant funds are trading in real-time on Bitget.
We have seen that Bitget continues to take the lead in driving crypto adoption through expansive partnerships. Prominently, it’s known as the Official Crypto Partner of LALIGA within the Eastern, SEA and LATAM markets. Such collaborations solidify Bitget’s growing visibility and credibility within the global financial landscape, as well as forging new partnerships.
