The official website of the platform reports that the exchange's executives are actively discussing an important investment issue. Representatives of Bitget emphasize that this strategic decision will contribute to the growth and development of the platform. In connection with these negotiations, the registration of new users from China has been temporarily suspended from December 1, 2023.
It is currently unclear how long the suspension of new account registrations for residents of China will last. Representatives of Bitget have stated that they will soon provide additional information on this matter. This trading platform is popular among cryptocurrency traders, especially in the spot transaction segment. In the last 24 hours, transactions totaling $482.41 million have been made on the exchange.
It is also worth noting that the platform is in demand among traders working with cryptocurrency derivatives. In the past 24 hours, they have made transactions totaling $3.92 billion.
A few weeks ago, it became known that Bitget is ceasing its operations in Hong Kong. This decision was made by the management, as the platform failed to obtain a Virtual Asset Trading Platform (VATP) license. The exchange continues to operate but will completely cease its activities in Hong Kong from December 13 of this year.
In mid-October 2023, Gracie Chen, the director of Bitget, spoke about the platform's achievements in the third quarter of the year. She stated that the platform's management is actively working on attracting new users and simplifying the process of trading cryptocurrencies.
