The platform was included in the prestigious publication’s latest ranking.
In a recent list published by Forbes, cryptocurrency exchange and Web3 company, Bitget landed on the 8th spot out of the 25 firms.
According to Forbes, Bitget stood as one of the most secure crypto exchanges in the world with transparent proof of reserves that ensures 100% of its assets and a Protection Fund worth $600 million, which safeguards its users.
Forbes ranked the global cryptocurrency platforms based on factors such as regulation, transparency, and audit strength, among others.
Bitget’s rise to the top-tier ranking is backed by unprecedented growth in its user base and trading activity.
A recent transparency report also revealed that Bitget’s users surged by 400% in 2024, surpassing 100 million users by December.
Spot trading volume also experienced exponential growth, jumping from $160 billion in Q1 to $600 billion in Q4.
In the Philippines, Bitget has emerged as a trusted exchange for crypto investors looking for a secure and transparent trading platform.
Its support for PHP (Philippine Peso) transactions eliminates the hassle of currency conversions, making crypto investments more accessible than ever.
It also boasrs a round-the-clock Tagalog customer support and extensive educational initiatives.
Previously, the Bitget Token (BGB) was ranked as one of the top 10 best-performing cryptocurrencies by Forbes for H1 2024.
Established in 2018, Bitget stands as the world’s leading cryptocurrency exchange, distinguished by its innovative Copy Trading services, and a user base exceeding 8 million in over 100 countries and regions.