Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Kizozo on January 08, 2024, 08:12:54 PM
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For any institution to attain the set goals, there must be a visionary leader willing to make things work irrespective of the challenges. This is my take home point from Gracy Chen recent interview with WuBlockchain.
We all saw how 2023 was really challenging for many centralized exchanges, some at a point reduced staff strength drastically and some those who couldn't withstand the heat of the bear market eventually collapsed and exited the market. Despite all this, Bitget was expanding and spreading tentacles to new region. Indeed when there is a will, there is a way.
There are lots of fundamentals issues discussed but looking into 2024, the exchange has three 3 areas of focus which are:
1. Regulatory compliance: GC maintained the exchange has always been open to regulations and that the exchange already obtain licenses from Poland and Lithuania amongst other countries. This is to help give investors assurance and peace of mind over their assets.
2. GC also hinted that the exchange will be focusing more on emerging markets such as Latin America and Southeast Asia as part of the exchange vision to see global adoption of crypto.
3. With web3 and blockchain technology adoption now on the rise, GC highlighted the readiness of the exchange to develop and invest heavily in web3 by launching projects like DEX and L2
I think 2024 is loaded for crypto enthusiasts and Bitgetters. What do you think?
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For any institution to attain the set goals, there must be a visionary leader willing to make things work irrespective of the challenges. This is my take home point from Gracy Chen recent interview with WuBlockchain.
We all saw how 2023 was really challenging for many centralized exchanges, some at a point reduced staff strength drastically and some those who couldn't withstand the heat of the bear market eventually collapsed and exited the market. Despite all this, Bitget was expanding and spreading tentacles to new region. Indeed when there is a will, there is a way.
There are lots of fundamentals issues discussed but looking into 2024, the exchange has three 3 areas of focus which are:
1. Regulatory compliance: GC maintained the exchange has always been open to regulations and that the exchange already obtain licenses from Poland and Lithuania amongst other countries. This is to help give investors assurance and peace of mind over their assets.
2. GC also hinted that the exchange will be focusing more on emerging markets such as Latin America and Southeast Asia as part of the exchange vision to see global adoption of crypto.
3. With web3 and blockchain technology adoption now on the rise, GC highlighted the readiness of the exchange to develop and invest heavily in web3 by launching projects like DEX and L2
I think 2024 is loaded for crypto enthusiasts and Bitgetters. What do you think?
I think this year would be exciting for crypto enthusiast, will be following exchange closely also looking for opportunities to explore and earn.
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For any institution to attain the set goals, there must be a visionary leader willing to make things work irrespective of the challenges. This is my take home point from Gracy Chen recent interview with WuBlockchain.
We all saw how 2023 was really challenging for many centralized exchanges, some at a point reduced staff strength drastically and some those who couldn't withstand the heat of the bear market eventually collapsed and exited the market. Despite all this, Bitget was expanding and spreading tentacles to new region. Indeed when there is a will, there is a way.
There are lots of fundamentals issues discussed but looking into 2024, the exchange has three 3 areas of focus which are:
1. Regulatory compliance: GC maintained the exchange has always been open to regulations and that the exchange already obtain licenses from Poland and Lithuania amongst other countries. This is to help give investors assurance and peace of mind over their assets.
2. GC also hinted that the exchange will be focusing more on emerging markets such as Latin America and Southeast Asia as part of the exchange vision to see global adoption of crypto.
3. With web3 and blockchain technology adoption now on the rise, GC highlighted the readiness of the exchange to develop and invest heavily in web3 by launching projects like DEX and L2
I think 2024 is loaded for crypto enthusiasts and Bitgetters. What do you think?
I think this year would be exciting for crypto enthusiast, will be following exchange closely also looking for opportunities to explore and earn.
While am optimistic of a great year 2024, i can't help but wonder what would be the effect of the rejection of the BTC spot ETF, I would advise investors and traders to take on earn products that guarantee principal to avoid stories that touches the heart.
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Hi, it's an interesting discussion you've got going on here. You mentioned earn products, are there any you'd kindly recommend? I'd appreciate it more if you've used them yourself and is quite certain about the results.
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Hi, it's an interesting discussion you've got going on here. You mentioned earn products, are there any you'd kindly recommend? I'd appreciate it more if you've used them yourself and is quite certain about the results.
There are quite a lot of earn products one can leverage on, the likes of sharkfin, smart trend, dual investment and others. All of them have their perculiarity depending on investors choice and risk management. I have tried sharkfin on several occasions and it has really been fantastic.
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1. Regulatory compliance: GC maintained the exchange has always been open to regulations and that the exchange already obtain licenses from Poland and Lithuania amongst other countries. This is to help give investors assurance and peace of mind over their assets.
Makes me wonder why other exchanges don't pursue the same license. Wouldn't they be able to continue operating over there instead of closing down? I'm talking about exchanges like Bittrex. Is it because they don't have the capital to move because the SEC fined them? This begs the question of how easy it is to obtain such a license, and if it will allow them to survive another lawsuit (assuming they don't explicitly allow US customers). Personally, I'm not that confident about Bitget. Based on my experience thus far, it is definitely a tier or two tier below Kucoin. CMIIW.
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do you think it will compete Binance soon?
i think the launch of the exchange is very timely as bear market is about to be over. their Bitget token (BGB) also is soaring in the whole year 2023. i'm not sure its usecase and never register there yet but its probably just the same with BNB.
there is this token i was keen to buy last year since its doing ICO in the platform which i guess the reason Bitget also becoming popular.
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do you think it will compete Binance soon?
i think the launch of the exchange is very timely as bear market is about to be over. their Bitget token (BGB) also is soaring in the whole year 2023. i'm not sure its usecase and never register there yet but its probably just the same with BNB.
there is this token i was keen to buy last year since its doing ICO in the platform which i guess the reason Bitget also becoming popular.
From the recent developments happening in the exchange, I think Bitget has what it takes to compete with Binance. We can tell by the way they take regulatory compliance very seriously. About BGB token, if you don't have some already I'll recommend adding it to your portfolio for real. There are exclusive events you might need them for aside the obvious fact that the token's price keeps appreciating.
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do you think it will compete Binance soon?
i think the launch of the exchange is very timely as bear market is about to be over. their Bitget token (BGB) also is soaring in the whole year 2023. i'm not sure its usecase and never register there yet but its probably just the same with BNB.
there is this token i was keen to buy last year since its doing ICO in the platform which i guess the reason Bitget also becoming popular.
From the recent developments happening in the exchange, I think Bitget has what it takes to compete with Binance. We can tell by the way they take regulatory compliance very seriously. About BGB token, if you don't have some already I'll recommend adding it to your portfolio for real. There are exclusive events you might need them for aside the obvious fact that the token's price keeps appreciating.
Slowly but steadily, they're gaining ground. I've been participating in launchpools with BGB, and the returns have been amazing. It's a good asset to watch out for, in my opinion.