NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Bitget Launches its Russian Version: Another Leap Towards Globalization

NewsBTC
NewsBTC
4 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The derivatives exchange Bitget announced a new Russian version to provide both trade services and customer support in the Russian language — another crucial globalization initiative following its entry into Japan, South Korea, and the Southeast Asia market last year.

“Going global is our major strategy in the second half of 2021,” said its CEO Sandra in an interview with Cointelegraph last month. About this new move, she explained, “There are a large amount of active Russian users on Bitget, with many more coming in, as shown in our data. That’s why we think getting the Russian version online has become a top priority.”

Home to many top crypto projects and enterprises such as Ethereum, Waves and BitFury, Russia is a prominent market that cannot be ignored in the industry. According to RACIB, among every 70 Russians, there is one crypto investor. That’s a total of 2,000,000 people. The mature market structure and large user base have made Russia a key station for exchanges seeking to expand their global footprint.

Bitget is one of the most popular derivatives exchanges in the last two years. Since its launch in 2018, it has been leading the market with multiple product innovations.  Up to now, the exchange has more than 1.5 million registered users in 46 countries and regions, including Japan, South Korea, Malaysia, and Turkey, ranking Top6 worldwide by average daily trading volume according to CoinMarketCap. Last July, Bitget completed a $10 million funding round backed by SNK, reaching a valuation of $1 billion.

As a result of its globalization strategy set out in 2020, it now has operations in South Korea, Vietnam, India, Malaysia, etc. Meanwhile, the platform has obtained compliance licenses in Singapore, the USA, Canada, and Australia. The newly launched Russian version to refine its services may signal that Bitget is ready to step into the Russian Market.

It never seemed too difficult for Bitget to enter a new market from scratch. In fact, it has gained huge success in South Korea during its early development, cooperating with over 200 local KOLs in just three months, with trading volumes hitting historical records from time to time. According to Inn, Bitget’s CEO of South Korea, in an interview with a local media Blockchianus, “40% of our incremental transactions comes from this region.” As such, it is highly possible for Bitget to replicate the same success story in Russia.

Keep innovating is the key for Bitget to outperform others in the derivatives area as a latecomer. For example, the One-Click Copy Trade first launched by the platform last May solved the high threshold problem of contract trading. It has now attracted approximately 10,000 elite traders, according to its official data. In just a year since its establishment, Bitget has already become the largest crypto copy trading platform by volume. “Want to earn at ease? Try copy trading at Bitget” is now the most eye-catching slogan in the community.

In April this year, Bitget again surprised the industry with its new product Quanto Swap Contract. By supporting cross-currency trading, it allows users to open positions on six mainstream trading pairs – BTC/USD, ETH /USD, XRP/USD, using BTC, ETH and USDC as the collateral for margin trading. It enables users to use BTC and ETH as the margin in bull markets to secure dual returns from the value increase of the margin and the profits of open positions. While in bear markets, they can use USDC as the margin to prevent potential risks caused by the value shrinkage.

Above all, excellent services are the key for Bitget to conquer users’ hearts in such a short time. According to an insider, apart from enhancing language services, Bitget plans to provide a fiat on-ramp for Russian users to purchase crypto assets with Rouble. “Russia is a very important market for us. We believe there will be more people embracing cryptocurrencies as blockchain technology evolves. Bitget will seek to provide the best products and services to users in this region.” says Sandra.

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

D’CENT Wallet Launches GasPass, Bringing Gas-Free Blockchain Transactions

D’CENT Wallet Launches GasPass, Bringing Gas-Free Blockchain Transactions

D’CENT Wallet, the hardware wallet maker best known for pioneering biometric crypto security, just unveiled GasPass. The feature removes one...

Aaron Walker 2 days ago
Forget High Fees, Volatility, and Speed Issues - SpacePay's New Solutions Could Change Crypto Payments Forever

Forget High Fees, Volatility, and Speed Issues – SpacePay’s New Solutions Could Change Crypto Payments Forever

Imagine buying a cup of coffee with crypto and watching the cashier wait 10 minutes for your payment to confirm....

ericdunne519 4 days ago
MEXC Makes Your Crypto Purchases Extra Simple and Secure with Apple Pay and Google Pay

MEXC Makes Your Crypto Purchases Extra Simple and Secure with Apple Pay and Google Pay

Buying crypto on exchanges is fairly straightforward. Simply choose the crypto you want to buy, and pay with your credit...

Aaron Walker 10 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

GBC Mining Platform Could Benefit as Saylor Predicts Bitcoin’s “Smart Move Up” by Year-End

ericdunne519 8 minutes ago
XRP and Solana Investors Eye SpacePay for Q4 Gains, Here's Why

XRP and Solana Investors Eye SpacePay for Q4 Gains, Here’s Why

ericdunne519 11 minutes ago
dHealth Intelligence Launches a Medical-Grade AI Agent Engineered for Privacy and Trust

dHealth Intelligence Launches a Medical-Grade AI Agent Engineered for Privacy and Trust

ericdunne519 2 days ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の展望 ― 0.30ドル到達と「買うべきミームコイン」論争

    ドージコイン 今後の展望 ―...

    17 hours ago
  • リップル 今後の展望:RLUSDステーブルコインがマネーマーケットファンドに統合

    リップル...

    17 hours ago
  • 仮想通貨プレセール動向:次世代ビットコインレイヤー2が資金を集める

    ...

    18 hours ago
  • テザーが5,000億ドル規模の資金調達を計画、今注目すべき仮想通貨おすすめ

    ...

    18 hours ago
  • 新しい仮想通貨のプレセールが250万ドル目前、投資家が急増中

    ...

    18 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.