Bitget has emerged as a leader in altcoin liquidity, surpassing Binance through strategic partnerships and market infrastructure reform.
Bitget's Leadership in Altcoin Liquidity
Bitget has significantly improved its position in altcoin liquidity, surpassing Binance. This shift highlights the growing role of institutional players in cryptocurrency markets.
The Role of Institutional Investors
Gracy Chen, CEO of Bitget, stated, "Today, institutions drive 80% of our spot volume, futures activity from professional firms has doubled, and 80% of top quant funds trade on Bitget. Liquidity is infrastructure — and we’re building it where the market needs it most."
Competition with Binance and Its Consequences
While Binance remains the leader in Bitcoin liquidity, Bitget poses a significant competition in altcoins like Ethereum and Solana. This position provides traders with more efficient trading methods and reduces slippage.
Bitget's leadership in altcoin liquidity highlights a shift in cryptocurrency market dynamics, potentially influencing trading strategies and liquidity distribution.
