Bitget ranks top third most downloaded CEX app after Binance and OKX in October

Bitget ranks top third most downloaded CEX app after Binance and OKX in October 2024

Press release

Victoria, Seychelles, 14th November, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, highlight data that reveals Bitget as the third most downloaded centralized exchange (CEX) app globally. Bitget stands just behind Binance and OKX, marking a strong position in a highly competitive field amongst crypto exchanges as per data from Data.ai in October 2024. The impressive download compliments the platform’s growing user base, as highlighted in the Q3 report.

Bitget ranks top third most downloaded CEX app after Binance and OKX in October 2024 image 0

With a presence in both the Google Play and Apple App Store, the exchange’s app registered a staggering 1.92 million downloads last month, ranking third globally in total downloads amongst CEXs. Bitget’s dedication to providing advanced trading options, including futures, spot trading, and staking, has played a critical role in attracting a diverse user base across various regions. This traction in mobile downloads is a clear indicator of Bitget’s expanding reach and the effectiveness of its mobile-first approach in driving accessibility.

"It’s rewarding to see Bitget resonate with such a broad and growing community. Our goal has always been to make trading accessible and reliable for everyone. This milestone shows the trust users place in us, and as we continue to grow, we’re committed to listening, adapting, and delivering a platform that truly supports their journey in the crypto space," said Gracy Chen, CEO at Bitget.

Bitget currently stands as one of the top leaders in crypto derivatives space. Alongside its high download numbers, Bitget ranks among the top five exchanges worldwide in terms of open interest and trade volume, according to Coingecko. This achievement places Bitget Futures alongside prominent players like Binance Futures, OrangeX Futures, Bybit Futures, and BYDFi.

Bitget's strategic focus on expanding its derivatives offerings has positioned it well to attract a growing user base. As regulatory landscapes continue to shift and exchanges face the challenge of compliance, Bitget's ability to adapt and navigate these changes has contributed to its continued popularity among a diverse range of traders.

Bitget’s consistent growth and its focus on the derivatives market is a part of its core strategy which now boosts even its Spot trading with over 900 tokens available on the platform. The exchange’s ability to maintain momentum in app downloads and its strategic positioning in derivatives trading along with expansion in various segments has driven its demand. As Bitget continues to expand and enhance its offerings, its growth directs to the incoming drive of adoption in the global crypto ecosystem.

To start with your Bitget journey, visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For media inquiries, please contact: media@bitget.com

Risk Warning : Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice.

Editors note:-

In contrast to Bitget’s upward trend, other leading exchanges have seen varied performance. While Binance, the market leader, recorded over 4 million downloads, it faced a significant decrease of 5.9 million downloads, which could indicate shifting user preferences or market maturity. Similarly, OKX and Bybit experienced download declines, signaling a potentially changing competitive landscape. Conversely, exchanges like Crypto.com and Coinbase witnessed an uptick in downloads, showing a dynamic environment where platform offerings and user experience heavily influence user engagement.

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