Bitget marked its 5th anniversary today, reflecting on a relentless journey of progress. In an open letter, Managing Director Gracy Chen credits the team’s dedication and users’ support for achievements, and shares some insights.
Below are some key takeaways from the open letter:
- Marathon Runner's Approach: Bitget prioritizes user-friendly, secure tools, focusing on long-term values and global expansion, serving over 20 million users from 100+ countries.
- Comprehensive Trading Ecosystem: Bitget has evolved into a multifaceted ecosystem encompassing various aspects of the blockchain and cryptocurrency industry, including trading, investment, research, decentralized finance (DeFi), media, and more. This expansive ecosystem is supported by Bitget Wallet, Foresight Ventures, Foresight X, and Foresight News to offer users a holistic and diverse range of services and opportunities.
- Commitment to the Next Generation: Bitget's #Blockchain4Youth campaign and "Crypto Experience Day" initiative aim to nurture young talent, with plans to invest $10 million in the program over the next five years.
An open letter from Gracy Chen:
Today we, the Bitget community, stand at the pinnacle of a remarkable journey — Bitget's 5th anniversary! This is a moment of triumph, a testament to the unwavering dedication and indomitable spirit that define us as a team. As we raise our glasses to toast half a decade of relentless progress, let us extend our heartfelt gratitude to every invaluable member of the Bitget family — our esteemed users, our dedicated team, and our invaluable partners.
Embracing the 10% philosophy
Bitget's journey was born from a unique belief - the belief in being part of the 10% who stand their ground when the tide recedes. This belief has become the cornerstone of our company's core values and mission. It propels us forward in the blockchain domain, driving us to explore and grow continuously.
In retrospect, 2018 marked the rise of Ethereum and the dawn of a cryptocurrency frenzy. However, as crypto prices plummeted, most speculators fled, leaving only a resilient 10% still holding their ground. It was during this pivotal moment that Bitget emerged. We envisioned a crypto revolution that will reform the way finance works and people invest forever, creating a more equitable future.
The marathon runner's approach
Unlike those exchanges that rise swiftly only to vanish quickly, we've adopted the marathon runner's approach. We've crafted user-friendly, robust tools, empowering individuals to securely, conveniently, and efficiently integrate into the future of finance. Placing our users at the forefront, we concentrate on product innovation, adhere to long-term values, and tirelessly strive for improvement.
Since the latter half of 2021, we've expanded our global operations at breakneck speed, achieving global coverage and serving over 20 million users from 100+ countries and regions.
We firmly believe that to attain long-term success in the digital asset realm, we must offer diverse services to meet users' varying needs. Thus, we've adopted a progressive strategy, consistently broadening our business horizons and establishing a comprehensive trading ecosystem. This ecosystem encompasses trading, investment, research, DeFi, media, and more.
Today, the Bitget group is far more than just a cryptocurrency exchange. It has evolved into a robust ecosystem encompassing a diverse range of products, an incubator for innovation, a thriving hub for groundbreaking ideas, a dedicated research institution, and a pioneering force in setting trends. We no longer merely follow trends; we forge them.
Recently, within our ecosystem, BitKeep was officially renamed to Bitget Wallet, with total users surpassing 12 million, ranking first across key metrics in Asia. Foresight News has become the largest and most influential media in the Chinese-speaking world. Foresight Ventures has invested in 77 projects totaling over $60 million USD, including renowned companies like Space and Time, WalletConnect, Sei Network, Gitcoin, and Shardeum. Foresight X has incubated 12 early-stage projects spanning areas like AI+Web3, Bitcoin ecosystem and LSDFi. In addition, Bitget continues to support emerging Layer 2 networks, contributing to the sustainable growth of the industry.
A commitment to the next generation
Our journey of expansion extends beyond business boundaries. It's an active endeavor to fulfill our social responsibilities by nurturing young talents. This year, Bitget launched the #Blockchain4Youth global charity campaign to encourage the younger generation to embrace the world of crypto.
Our inaugural "Crypto Experience Day" event on International Youth Day (August 12, 2023) spanned 10 global regions, attracting over 1,000 young participants. Over the next 5 years, Bitget plans to invest $10 million in this program to support young talent and enrich the entire crypto ecosystem.
Look towards the stars
In the face of challenging market conditions, our confidence in the future of crypto remains unshaken. When others are looking down, there are those that look towards the stars.
History bears witness to this truth. In 1492, Columbus discovered the New World. In 1776, Watt invented the first steam engine. In the late 19th century, Nikola Tesla ushered in a new era with alternating current and wireless transmission.
No matter the risks, challenges, and uncertainties, we firmly believe that great undertakings are accomplished by pioneers who do not stick to the rules. In every era, there are those that look towards the stars!
A Better Bitget ahead
From pioneering copy trading services and educational programs tailored for Gen Z users to set the highest security standards in the industry and the insightful market reports from our think tank, we've become a multifaceted force for progress. We take immense pride in witnessing our initiatives embraced by other industry players. Today, we stand at the forefront of innovation, shaping the future of the cryptocurrency landscape.
As we celebrate our achievements, we remain steadfast in our values - “Do the right thing, Honesty earns trust and Turn Wins into Win-Wins”. We find ourselves in a remarkable era where the global digital asset market is expanding rapidly. With industry evolution and improving infrastructure, digital assets have become an integral part of the global financial system. Bitget stands at the forefront of this era, and our momentum is unstoppable.
To every member of the Bitget team - you are the heart and soul of our journey. Together, let's stay true to our initial purpose, pursue excellence, innovate relentlessly, and contribute to the prosperity of the cryptocurrency industry. Here's to the next five years and beyond - let's continue to navigate the crypto cosmos!
Managing Director at Bitget