Bitget Discusses Compliance and Possibility of Re-entering US Market in Interview with BeInCrypto
Bitget's Managing Director, Gracy Chen, discussed the importance of compliance in the fast-moving cryptocurrency industry in an interview with BeInCrypto. Chen stated that Bitget may consider re-entering the US market if the regulatory climate improves. However, she expressed concern about the possibility of regulatory enforcement becoming even harsher following Ripple's partial victory against the SEC. Bitget recently announced plans to expand into the Middle East, specifically Bahrain and the UAE, while also keeping an eye on the rise of artificial intelligence in the industry.
Bitget Utilizes AI to Enhance Services and Simplify Trading Strategies
Bitget, a cryptocurrency exchange, is utilizing artificial intelligence (AI) to enhance its services and streamline processes. The exchange is using AI tools to improve its translation team and customer service department, and is also developing an AI-powered chatbot to assist users in their trading activities.
Bitget to Expand Operations in Middle East, Plans to Hire 30-60 New Staff Members in Next 2 Years
Bitget plans to expand its operations in the Middle East and hopes to hire between 30 to 60 new staff members over the next two years to support business growth. The crypto exchange already has office space in downtown Dubai and is considering selecting the city as an operational hub.
YouSUI's Native Token XUI to be Listed on Bitget Crypto Exchange
The YouSUI community is eagerly anticipating the listing of their native token, XUI, on the Bitget crypto exchange. YouSUI offers a variety of services on the Sui Network, including a decentralized exchange, Launchpad, Swap, Staking, Bridge, NFT Marketplace, and a Social Platform. Bitget is a well-respected global cryptocurrency exchange with over 8 million users in more than 100 countries and regions.
Bitget Crypto Exchange Boasts 223% Proof-of-Reserves Ratio with $1.44 Billion in Total Reserve Across 31 Assets
Bitget, a cryptocurrency exchange, has announced that its total proof-of-reserves ratio has reached 223%. The exchange currently holds $1.44 billion in reserves across 31 different crypto assets, with reserve ratios for Bitcoin, Tether, Ether, and USD Coin standing at 454%, 135%, 171%, and 2,604%, respectively.
Bitget Released the Eighth Asset Reserve Certificate, and the Assets of Users BTC, ETH, and USDT Increased by 7%, 9%, and 4% Respectively
Bitget released the eighth asset reserve certificate (snapshot date 7-6), the user's BTC assets are 2311.23 pieces, an increase of 7% from the previous (6-8), an increase of 150.24 BTC; the user's ETH assets are 11,200 pieces, compared with the previous The second increase was 9%, an increase of 955.47 ETH; the user's USDT assets were 346 million pieces, an increase of 4% from the previous time, an increase of 13 million USDT.
DOTA 2 Bali Major will end in 9th July, Bitget as Official Partner
According to prnewswire, Bitget, top crypto derivatives and copy trading platform, is excited to announce its sponsorship for the DOTA 2 Bali Major 2023 as the Official Crypto Exchange Partner. The partnership will bring together the world of cryptocurrency and esports in an industry-leading event, which is scheduled to take place from June 29 to July 9, 2023. DOTA 2 Bali Major 2023 is expected to attract over 1,500 participants, making it a landmark event in the esports calendar.
Bitget Launchpad Project Typelt Is Open for Investment
July 5 (Cointime) - The Bitget Launchpad project Typelt has entered the investment stage, and the investment channel will be closed at 5:00 UTC today. Participating users need to enter the Launchpad page and click Invest. The current Launchpad page has displayed the maximum number of BGBs that can be subscribed by each person. TYPE/USDT spot trading will be launched on Bitget at 12:00 UTC today.
Bitget Launches Crypto Loans Product with Dual-Coin Approach
July 4 (Cointime) - Bitget, a crypto derivatives and copy trading platform, has launched its Crypto Loans product, which allows users to stake one digital asset as collateral and obtain a loan in another. The platform aims to attract users dissatisfied with traditional credit institutions by offering an alternative funding solution backed by cryptocurrencies. Bitget claims to have streamlined the loan process to ease user onboarding and offers a flexible borrowing and repayment mechanism. The move comes as the crypto loan sector suffered significant setbacks in 2022, but Bitget argues that crypto loans have been gaining popularity in recent years.
Bitget Launches Bitget TR to Provide Localized Crypto Services to Turkish Users
June 26 (Cointime) - Bitget, the top crypto derivatives and copy trading platform, has announced the launch of its Turkish website, Bitget TR, to provide localized services for users in Turkey. Bitget TR enables Turkish users to access Bitget's products and services through a localized portal tailored to their language and needs. To enhance user experience, Bitget will offer a full range of services customized according to clients' preferences in Turkey, along with personalized technical assistance. Local users will also have the ability to seamlessly trade on Bitget using the Turkish Lira (TRY) with the addition of a Fiat Gateway.
