When the going gets tough the tough gets going.
The journey of crypto has seen a lot of obstacles which has led cryptocurrency exchanges to sit up and leave upto expectations of its users, an attestation of an adage that says 'as birds learns to fly without perching so would a hunter learn to shoot without missing'
Obstacles say the bankruptcy of some CEXs with the most loudest one coming from FTX in 2022, the exiting of Binance and others from specific regions due to regulatory policies as well as compulsory KYC. Exchanges like Bybit, bitfinex & BitgetGlobal are trying by keeping up to speed, the latter happens to be more determined in making the journey of crypto a less tedious one for crypto noobs like myself.
Being a top crypto derivatives and copy trading platform, announced its latest rebranding initiative, focused on strengthening its position as a leader in innovative trading products having surmounted the obstacles that has wrecked some CEXs & forced them out of a particular region.
The rebranding campaign centers around the "Trade smarter" philosophy, emphasizing Bitget's dedication to empowering individuals with intuitive tools for a secure, user-friendly, and efficient financial future.
Transforming from better life to trade smarter seems like getting things done in the most effective way whilst achieving the desired or deserved results, especially through its AI trading feats.
I think the idea is just near perfect because their user base has reached 20M+ and this could also be attributed to prioritizing security and transparency.
Yes buddy, I didn't know you noticed it too. I had to migrate to Bitget after Binance got restricted in Canada. But when I saw the rebranding notification, it gave me a peace of mind. I've not been keeping up with the market, so I had to make us of.copy trading feature.
After my break, I'll get back to the market. Thanks for this article, it helps.
Is no doubt that the centralized exchanges bring cryptocurrency closer to the people and has played a huge role in crypto adoption but if industry giant like FTX can collapse, what assurance can one have in others? Though the proof of reserve and customer protection fund by few CEX is a welcome development but how many also have it? Rebranding and having over 20M users is a great milestones and perhaps reflect users confidence but I hope they don't end up disappointing the users in the long run after gaining their trust.
The concerted efforts some of these leading exchanges put in to deliver a seamless trading experience to newbies is applaudable. This industry is quite huge and can leave beginners overwhelmed so integrating tools like Copy trading, Grid trading and the likes for this purpose is commendable.