Crypto exchange Bitget has announced the appointment of former Binance executive Min Lin as Chief Business Officer (CBO) and reported impressive Q3 2024 growth, marking over 45 million users on the platform.

New Leadership

Min Lin, previously at Binance, will now spearhead Bitget’s strategic growth initiatives and lead expansion into key markets. His prior experience includes overseeing business and compliance growth in Latin America at Binance and five years with Goldman Sachs in its Global Markets Division. Gracy Chen, Bitget’s CEO, welcomed Lin, highlighting his expertise in scaling crypto businesses as an ideal match for Bitget’s ambitions. Lin, too, expressed his excitement, stating his goal to “build an ecosystem trusted by millions and reach new demographics in the industry.”

Q3 Performance Highlights

Bitget’s Q3 2024 results reflect substantial growth and development:

• The platform now serves over 45 million users, cementing its position as the fourth-largest crypto exchange by trading volume, with a 400% increase in users over the past year.
• Bitget added 72 tokens, bringing its total offerings to over 800 tokens and 900 spot trading pairs.
• Its PoolX staking platform saw $2.3 billion staked, demonstrating increased user engagement.
• Bitget invested $30 million with Foresight Ventures in The Open Network (TON) ecosystem.
• Bitget formed a significant partnership with LALIGA to expand crypto adoption in Eastern Europe, Southeast Asia, and Latin America, and collaborated with Nansen, listing 240 early-stage tokens since April.

Quote from Gracy Chen

“Our Q3 2024 growth shows our commitment to creating a secure and innovative platform for users worldwide. By expanding offerings, supporting impactful projects, and forming strategic partnerships, Bitget is helping shape the future of blockchain and finance,” said Chen.

Looking Ahead

With Min Lin now on board, Bitget plans to increase its market presence, with a focus on emerging markets and user-centric innovations.

Conclusion

Bitget’s Q3 achievements and the addition of Lin as CBO underscore the company’s commitment to providing users with broader access to secure, innovative crypto trading options. This momentum positions Bitget well for further expansion and impact in the evolving crypto space.

Source: https://bitpinas.com/business/bitget-ex-binance-exec-q3-milestones/?

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