April 2025 Transparency Report

TLDR;

- Bitget recorded a futures trading volume of $757.6 billion in April, marking 17.3% month-on-month growth.

- Total user base has now surpassed 120 million.

- Bitget ranked 3rd by trading volume in April; market share increased to 7.2% while others declined.

- Secured full licensing in El Salvador (DASP + BSP) for both spot and derivatives services.

Introduction

In April 2025, the crypto market experienced significant volatility and a bearish trend. The total market capitalization dropped by 4.4%, influenced by uncertainties around U.S. Federal Reserve interest rate policies and new trade tariffs, which triggered a "risk-off" sentiment among investors. Bitcoin, despite briefly surpassing $90,000, ended the month with a 14% gain but faced downward pressure, closing around $83,664. Ethereum saw steeper losses, plummeting to approximately $1,874, erasing much of its 2024 gains. Altcoins and meme coins suffered even more, with market momentum resetting to April 2024 levels. Despite short-term challenges, analysts remained cautiously optimistic for a potential recovery in mid-to-late 2025, driven by global crypto adoption. Bitget’s dedication to ecosystem growth remained evident through a series of new initiatives, as the platform continues to grow, it remains committed to providing best crypto trading solutions for users and institutions alike.

Monthly Highlights

Regulatory Expansion: Full Licensing in El Salvador

In April, Bitget secured the Digital Asset Service Provider (DASP) license from El Salvador’s National Commission of Digital Assets, complementing its existing Bitcoin Service Provider (BSP) license. This dual licensing framework enables Bitget to offer a comprehensive suite of services—including spot and derivatives trading, staking, and yield products—under a clear regulatory structure in one of the world’s most crypto-forward jurisdictions.

Bitget x Raphinha: Football Meets Smart Trading

Bitget launched a dynamic campaign featuring FC Barcelona winger Raphinha, blending the precision of elite football with strategic crypto trading. Through a series of commercials, the campaign highlights Bitget’s core products—Copy Trading, Launchpool, and Pre-market—drawing parallels between on-field agility and trading acumen.

LALIGA Skins: Personalize Your Trading Experience

Enhancing user engagement, Bitget introduced the "Your Team, Your Skin" campaign, allowing traders to customize their app interface with official LALIGA team logos, including FC Barcelona and Real Madrid. This feature not only personalizes the trading experience but also fosters a sense of community and competition among users.

Growth in Data

In April, Bitget recorded a total spot trading volume of $68.6 billion and a futures trading volume of $757.6 billion, reflecting month-on-month growth of 14.8% and 17.3%, respectively. This performance stands out amid an overall market decline, underscoring Bitget’s growing traction with traders globally. Sustained momentum from major campaigns and product innovation continues to drive trading activity and solidify Bitget’s market position.

Bitget's total user base has now surpassed 120 million, reflecting a consistent growth trajectory supported by recent campaign momentum and regional expansions. This upward trend is reinforced by Bitget’s continued listing of innovative projects and strategic partnerships, including the highly successful LALIGA campaigns.

According to research by WuBlockchain , in April 2025, the total spot trading volume of major exchanges decreased by 12% compared to March; nevertheless, Bitget's increased.

Coingecko reports highlight how "Bitget Grew as Others Fell". In April 2025, Bitget stood strong as the third-largest exchange, with a 7.2% market share and $92.0 billion of trading volume. It grew by 1.7% Month-on-Month (MoM). The remaining top 10 competitors held a combined dominance of 45.8% in April. Notably, market share amongst the top 2 - 10 exchanges is rather even, ranging between 5% to 9%.

These growth metrics highlight the platform’s resilience amid market fluctuations and Bitget’s rising influence in the global exchange landscape as it continues to close the gap to become the second-largest crypto exchange in the world by trading volume and user base.

New Products, Features, and Integrations

Bitget Onchain

Bitget Onchain officially launched in April, enabling users to access on-chain asset transactions directly within the Bitget App using their spot accounts with USDT or USDC. The product was developed to simplify the on-chain trading experience by combining the ease of a centralized platform with access to early-stage tokens across supported networks like Solana, BNB Smart Chain, and Base. With added AI-driven asset screening and exchange-level security measures, Bitget Onchain brings a smarter, safer, and more streamlined approach to Web3 trading.

Liquidity Incentive Program

Bitget rolled out a major upgrade to its Liquidity Incentive Program that took effect on May 1, introducing a new tiered structure designed to boost rewards and trading efficiency for institutional participants. The update features highly competitive maker rebates and taker fees across both spot and futures markets, including incentives for top pairs like BTCUSDT and ETHUSDT. With expanded access, streamlined onboarding, and deeper liquidity coverage, the program marks a key step in Bitget’s strategy to attract professional traders and strengthen its institutional offering.

Bitget Research

Blockchain Employment Report

Bitget released a report examining the employment gap between blockchain and artificial intelligence (AI), highlighting the untapped potential of blockchain as a major job creator. While AI has seen rapid workforce expansion, blockchain remains in its early stages, with current growth lagging behind. The report suggests that if blockchain adoption accelerates at a rate comparable to AI, the industry could see a surge in job creation, potentially exceeding 500,000 new roles by 2028.

Commentaries by Chief Analyst at Bitget Research, Ryan Lee

CoinDesk: Bitcoin Bears Eye $70K, Ether Drops 10% as Trump Tariffs Start Global Menace

Barron's: Bitcoin Pulls Back After Rally. What Can Get the Crypto Back on Track.

Cryptonews: Coinbase Bitcoin Yield Fund Targets 4%-8% Yield, Eyes $1B Inflows

Events across the world

TOKEN2049 Dubai & Cryptoverse Dream Night

At TOKEN2049 Dubai, Bitget delivered a multi‑zone booth experienc, combining an immersive stand, photobooth, and snack station. A major highlight was Gracy Chen's featured stage appearance, where she shared insights on CEX–DEX connected, PayFi and Bitget's roadmap for user‑centric innovation, further elevating our brand visibility at the conference. For the afterparty, Cryptoverse Dream Night set a high bar for networking and community engagement. Guests, partners, and industry media praised the event's atmosphere, glow‑in‑the‑dark branding, and seamless program execution, underscoring Bitget's reputation for memorable, community‑centric experiences.

Paris Blockchain Week

With branding under Bitget Wallet, the booth became an interactive hub with the “Stack Your Crypto Gains” ring‑toss game. The lively setup stood out, attracting continuous foot traffic and sparking widespread social sharing. The blend of localized design elements, engaging activations, and thoughtful merchandising strengthened Bitget's brand recognition across the European Web3 community and showcased our commitment to creative, audience‑first strategies.

Top blogs to read

In April, we released 70+ new educational pieces on Academy and Blog. Here's the must-read list:

#TradingInsights: Crypto's Bull Run Has New Foundations , Mastering Cryptocurrency Trading Strategy , Bitcoin Trading Strategies ;

#CryptoTrends: Crypto Cloud Mining , Solana vs Ethereum , Stock-to-Flow Model ;

#BeginnerGuides: How To Choose The Best Elite Trader , Hedging with Futures and Arbitrage Insights , Bitget In A Nutshell .

Top interviews from our Chiefs

Bitget CEO Gracy's Interviews:

BeInCrypto: Corporate Bitcoin Holdings Hit Record Levels in Q1 2025: Will the Trend Continue?

WenAltSeason: Global Market bleeding: How traders stay ahead of the trend?

Bitget COO Vugar's Interviews:

The Block: Spot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens

CoinMarketCap: Bitcoin ETFs Attract Massive Inflows as Institutional Interest Surges

Cointelegraph: The Secrets behind Bitcoin Pumping

CoinDesk: Dogecoin Leads Losses Among Majors; BTC, ETH, XRP Slump on Profit-Taking

Bitget CLO Hon's Interviews:

Cointelegraph: Google to enforce MiCA rules for crypto ads in Europe starting April 23

Conclusion

Bitget showed strong performance—rising to the 3rd largest crypto exchange by trading volume, increasing market share to 7.2%, and achieving over $757 billion in futures trading. From securing full regulatory licensing in El Salvador to launching new features like Bitget Onchain and expanding global campaigns, the momentum remains clear.

Key developments during the month included enhancements to institutional services, and increased visibility through international campaigns and event participation. These results show consistent operational strength and effective alignment with evolving market needs. Bitget remains focused on scaling infrastructure, improving product offerings, and supporting long-term industry growth as the market prepares for the next cycle.