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Coin Edition 2025-05-16 16:42:39

Bitget Becomes 3rd Largest Crypto Exchange by Volume, Expands in El Salvador

Bitget Becomes 3rd Largest Crypto Exchange by Volume, Expands in El Salvador

Bitget rose to the third-largest crypto exchange by trading volume in April 2025. Despite a market-wide downturn, it reached $757.6B in futures and $68.6B in spot trades. The exchange gained regulatory approval in El Salvador, expanding its full-service crypto offerings under a national framework. Bitget has reported significant growth in its April 2025 Transparency Report, positioning itself as the third-largest cryptocurrency exchange by trading volume. While broader crypto markets faced investor caution and price corrections during the period, Bitget recorded a 17.3% month-on-month increase in its futures trading volume, which reached $757.6 billion. The exchange’s spot trading volumes also rose to $68.6 billion, reflecting continued platform engagement and resilience in what was described as a cooling market. Data from CoinGecko and WuBlockchain now places Bitget’s market share at 7.2% . Regulatory Approvals Secured in El Salvador Bitget also advanced its regulatory footprint by acquiring both Digital Asset Service Provider (DASP) and Bitcoin Services Provider (BSP) licenses in El Salvador. These approvals allow Bitget to operate a full su… The post Bitget Becomes 3rd Largest Crypto Exchange by Volume, Expands in El Salvador appeared first on Coin Edition .

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