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A look at CEXs Q1 2024 Spot trading vol impressive growth


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Q1 2024 has produced nothing short of fireworks in the crypto market with Bitcoin experiencing an impressive upsurge going into the next halving. Ethereum and other alts have also maintained bullish trends, particularly AI, Gaming and memecoins. Fueling a positive market sentiment that has attracted investors and newbies, and fascilitating the industry's further expansion.

Expectedly several exchanges have benefitted from this bullish market to amass more engagements and grow their userbase. However Bitget’s all round growth has been quite exceptional, evidently leading by a landslide in the chart for the top 10 CEXs by Spot trading vol growth in Q1 2024.

While many factors might have contributed to this growth, Bitget’s diversity is a valid selling point, having expanded its offerings by introducing 39 new tokens to its platform, propelling traders’ interests and activities.

The exchange’s top five performers in Q1 2024 have all recorded significant gains, each exceeding 1000%, while QnA3.AI ($GPT) and Pixels (PIXEL) soared by more than 5000%. This has further accentuated the team’s proficiency in listing early gems and solidified traders' confidence when investing.

It is perceived that crypto exchanges play a vital role in deciding traders’ success levels. If this is true then, traders are always going to flock exchanges where they are convinced they’d acess early gems and yield significant returns. This perhaps might be the ideal explanation for the exponential growths by these exchanges. 

Do you share the same sentiment when you trade?

Edited by Incarts
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