# Bitget

> Source: https://docs.barcoder.ai/docs/wallets/bitget
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Bitget — official](https://www.bitget.com/)

## Overview

**Bitget** is **a top-4 global centralized crypto derivatives exchange + global Universal Exchange (UEX)** <sup>[1][1], [2][2], [global-cro]</sup>. **2025 baseline**: 150M+ users (up from 120M+ earlier-2025 figure); $8.17T 2025 annual derivatives trading volume + $680.3B average monthly derivatives volume + ~$18B total daily trading volume year-end (spot + derivatives + on-chain); #6 global exchange in 2025 with 45.5% YoY volume growth + 6.4% global CEX trading market share; institutional spot share grew 39% → 82% Jan → Dec 2025; institutional futures share grew 3% → 60% same period.

**Distinctive Bitget positioning** <sup>[1][1], [2][2], [3][3], [4][4]</sup>:
- **Top-4 global centralized crypto derivatives exchange** + **Universal Exchange (UEX) global strategy**
- **150M+ Bitget users** (up from 120M+ earlier-2025)
- **$8.17T 2025 annual derivatives trading volume + $680.3B average monthly derivatives volume**
- **#6 global exchange in 2025 with 45.5% YoY volume growth + 6.4% global CEX trading market share**
- **Institutional spot share 39% → 82% Jan → Dec 2025; institutional futures share 3% → 60% same period** — distinctive Bitget institutional pivot
- **2018 founding by Gracy Chen** (Bitget CEO; former Yahoo + Accenture exec)
- **Bitget Copy Trading + Bitget Wallet (formerly BitKeep; post-2024 brand consolidation)** — distinctive Bitget retail + on-chain integration

## History

**2018 — Bitget founded** in Singapore.

**2019 — Bitget Copy Trading launches** — distinctive Bitget retail derivatives copy trading innovation.

**2023 — Bitget acquires BitKeep** (renamed Bitget Wallet 2024) — distinctive Bitget on-chain self-custody wallet integration.

**2024 — Gracy Chen appointed Bitget CEO** (former Yahoo + Accenture exec).

**2025 — Bitget Universal Exchange (UEX) global strategy launches** — distinctive Bitget spot + derivatives + on-chain unified exchange.

**End-2025**: 150M+ Bitget users + $8.17T 2025 annual derivatives trading volume + $680.3B average monthly derivatives volume + ~$18B total daily trading volume year-end + #6 global exchange + 45.5% YoY volume growth + 6.4% global CEX trading market share + 82% institutional spot share + 60% institutional futures share <sup>[1][1], [2][2], [4][4]</sup>.

## Ownership & operator

**Operating entity**: **Bitget Limited** (Seychelles).

**Major shareholders**: **Gracy Chen (CEO) + Bitget founding team + crypto venture capital + private float**.

**Regulators**: **Seychelles FSA + Lithuania VASP + Australia AUSTRAC + Dubai VARA (pending)** — distinctive Bitget multi-jurisdiction compliance.

## Technical integration

Bitget mobile app (iOS + Android) + bitget.com web + Bitget API (REST + WebSocket + FIX); **Bitget Universal Exchange (UEX)**: spot trading + derivatives trading + on-chain trading via **Bitget Wallet (formerly BitKeep)** + Bitget Earn + Bitget Pre-Market + Bitget Launchpool + Bitget Launchpad + **Bitget Copy Trading** (distinctive Bitget retail derivatives copy trading innovation); USDT + USDC + BTC + ETH funding; cross-chain bridging.

## Users & growth

**End-2025**: 150M+ Bitget users (up from 120M+ earlier-2025); $8.17T 2025 annual derivatives trading volume + $680.3B average monthly derivatives volume + ~$18B total daily trading volume year-end; #6 global exchange + 45.5% YoY volume growth + 6.4% global CEX trading market share; institutional spot share 39% → 82% Jan → Dec 2025; institutional futures share 3% → 60% same period.

## Use cases

Global (ex-US) crypto retail + institutional + derivatives + spot + on-chain trading via Bitget mobile + web + API; **Bitget Universal Exchange (UEX)**: spot + derivatives + on-chain unified exchange + **Bitget Wallet (formerly BitKeep)** + Bitget Earn + Bitget Pre-Market + Bitget Launchpool + Bitget Launchpad + **Bitget Copy Trading** (distinctive Bitget retail derivatives copy trading innovation).

## Implementations & partners

**Operator**: Bitget Limited (Seychelles); Gracy Chen CEO.

**Subsidiaries**: **Bitget Wallet (formerly BitKeep; post-2023 Bitget acquisition + 2024 brand consolidation; distinctive Bitget on-chain self-custody wallet)** + **Bitget Earn** + **Bitget Pre-Market** + **Bitget Launchpool** + **Bitget Launchpad** + **Bitget Copy Trading**.

**Major global centralized crypto exchange competitors**: [Binance](https://docs.barcoder.ai/docs/wallets/binance) (global #1 by volume; CZ-founded; 2023 US DOJ $4.3B settlement) + [Coinbase](https://docs.barcoder.ai/docs/wallets/coinbase) (US #1; NASDAQ: COIN; post-Apr 2021 direct listing) + [OKX Wallet](https://docs.barcoder.ai/docs/wallets/okx-wallet) (global top-5; Star Xu-founded; Seychelles-incorporated) + [Bybit](https://docs.barcoder.ai/docs/wallets/bybit) (global top-5; Ben Zhou-founded; Dubai HQ; 2025 $1.5B hack survival) + [KuCoin](https://docs.barcoder.ai/docs/wallets/kucoin) (global top-5; 2025 DOJ $297M settlement + 2026 CFTC permanent US exit) + [MEXC](https://docs.barcoder.ai/docs/wallets/mexc) (#3 global CEX by spot volume Dec 2025) + [HTX (formerly Huobi)](https://docs.barcoder.ai/docs/wallets/htx) (formerly Huobi; Sep 2023 Justin Sun rebrand) + [Gemini](https://docs.barcoder.ai/docs/wallets/gemini) (US Winklevoss; Sep 12 2025 NASDAQ IPO at $3.3B) + [Kraken](https://docs.barcoder.ai/docs/wallets/kraken) (US #2).

**Regulators**: Seychelles FSA + Lithuania VASP + Australia AUSTRAC + Dubai VARA (pending).

## Fun facts

- **Top-4 global centralized crypto derivatives exchange** + **Universal Exchange (UEX) global strategy**.
- **150M+ Bitget users** (up from 120M+ earlier-2025).
- **$8.17T 2025 annual derivatives trading volume + $680.3B average monthly derivatives volume**.
- **#6 global exchange in 2025 with 45.5% YoY volume growth + 6.4% global CEX trading market share**.
- **Institutional spot share 39% → 82% Jan → Dec 2025; institutional futures share 3% → 60% same period** — distinctive Bitget institutional pivot.
- **2018 founding** in Singapore.
- **2019 Bitget Copy Trading launch** — distinctive Bitget retail derivatives copy trading innovation.
- **2023 BitKeep acquisition + 2024 rename Bitget Wallet** — distinctive Bitget on-chain self-custody wallet integration.
- **2024 Gracy Chen appointed Bitget CEO** (former Yahoo + Accenture exec).

## Comparison

| Feature | Bitget | [Binance](https://docs.barcoder.ai/docs/wallets/binance) (global #1 by volume rival) | [OKX Wallet](https://docs.barcoder.ai/docs/wallets/okx-wallet) (global top-5 rival) | [Bybit](https://docs.barcoder.ai/docs/wallets/bybit) (global top-5 + 2025 $1.5B hack survival rival) | [MEXC](https://docs.barcoder.ai/docs/wallets/mexc) (#3 global CEX by spot volume Dec 2025 rival) |
|---|---|---|---|---|---|
| Operator | **Bitget Limited (Seychelles)** | Binance Holdings Ltd (Cayman Islands) | OKEx Cayman Ltd (Seychelles HQ) | Bybit Fintech Limited (BVI; Dubai HQ) | MEXC Global (Singapore-founded; Seychelles entity) |
| Type | **Top-4 global centralized crypto derivatives exchange + Universal Exchange (UEX) + 150M+ users + $8.17T 2025 derivatives volume + 82% institutional spot share + Bitget Copy Trading + Bitget Wallet (formerly BitKeep)** | Global #1 by volume + 250M+ users + Binance Smart Chain (BNB Chain) + 2023 US DOJ $4.3B settlement + CZ founder ban | Global top-5 + OKX Wallet + OKX Chain + Star Xu founder | Global top-5 + Mar 21 2025 $1.5B Lazarus Group North Korean hack survival (largest crypto exchange hack) | #3 global CEX by spot volume Dec 2025 + 40M+ users + 90% spot volume YoY growth + 2,278 spot trading pairs (6x competitors) |
| Country | Seychelles + 100+ countries (ex-US) | Cayman Islands + global (ex-US) | Seychelles + global | BVI + Dubai HQ + 90+ countries | Seychelles + 170+ countries (ex-US) |
| Distinctive | **2018 founding; 2019 Bitget Copy Trading launch; 2023 BitKeep acquisition + 2024 rename Bitget Wallet; 2024 Gracy Chen CEO; 2025 Universal Exchange (UEX) launch; #6 global exchange 2025 + 45.5% YoY volume growth + 6.4% CEX trading market share; institutional pivot (82% spot + 60% futures Dec 2025)** | 2017 founding by CZ (Changpeng Zhao); 2023 US DOJ $4.3B settlement + CZ 4-month US prison + permanent CEO ban | 2017 founding (formerly OKCoin); Star Xu founder | 2018 founding by Ben Zhou; Mar 21 2025 $1.5B Lazarus Group hack survival | 2018 founding (formerly MXC); 2025 surge to #3 global CEX by spot volume |

## Status

**Active, top-4 global centralized crypto derivatives exchange + Universal Exchange (UEX) global strategy** <sup>[1][1], [2][2], [3][3], [4][4]</sup>:
- **Bitget Limited (Seychelles)** since 2018 founding.
- **150M+ Bitget users + $8.17T 2025 annual derivatives trading volume + $680.3B average monthly derivatives volume**.
- **2024 Gracy Chen CEO + 2025 Universal Exchange (UEX) launch + 2025 institutional pivot (82% spot + 60% futures Dec 2025)**.
- **Seychelles FSA + Lithuania VASP + Australia AUSTRAC + Dubai VARA (pending) regulated**.

## Sources

[1]: https://www.disruptionbanking.com/2026/01/15/bitget-closes-2025-with-8-trillion-in-derivatives-trading-as-institutional-share-hits-82/ "Bitget Closes 2025 With $8 Trillion In Derivatives Trading as Institutional Share Hits 82% — Disruption Banking"
[2]: https://coinlaw.io/bitget-statistics/ "Bitget Statistics 2026 — CoinLaw"
[3]: https://www.bitget.com/blog/articles/bitget-transparency-report-2025 "Bitget Transparency Report 2025"
[4]: https://ffnews.com/newsarticle/cryptocurrency/bitget-crypto-derivatives-market-share-2025/ "Bitget Crypto Derivatives Market Share Doubles in 2025 — FF News"

- [1] [Bitget Closes 2025 With $8 Trillion In Derivatives Trading as Institutional Share Hits 82% — Disruption Banking][1]
- [2] [Bitget Statistics 2026 — CoinLaw][2]
- [3] [Bitget Transparency Report 2025][3]
- [4] [Bitget Crypto Derivatives Market Share Doubles in 2025 — FF News][4]
- [global-cro] In-corpus: `reports/countries/global.md`

## Source

Biography extracted from [bitget.md](https://docs.barcoder.ai/source/wallets/bitget). See `matrix.md` for standards-support matrix if present.