The year 2021 left a good mark on the growth of cryptocurrency. Not only did Bitcoin (BTC) and Ether (ETH) reach their all-time-high, but memecoins, mainnets, nonfungible tokens (NFTs) and the metaverse showed great potential. BitMart, a leading digital asset trading platform, showed promising results last year following the bullish trend.
There were numbers that stood out to tell BitMart’s story. In 2021, the exchange saw a hundred-fold increase in daily active users and doubled its team members. It launched several new functions in the easy-to-use category including buy-and-sell channels, and flexible and fixed savings for its 9 million users worldwide. Over the past 12 months, BitMart’s 24-hour trading volume reached a $4-billion mark, 585 new tokens were listed for trading, and BitMart’s own platform token, BMX, touched an all-time-high price at $0.495.
Behind the numbers, there was a team of professionals working unreservedly to secure and elevate BitMart’s performance. With the team’s effort, BitMart took the lead in integrating with four fast-growing mainnets — Solana, Polygon, Avalanche and Near Protocol — that help provide users with a cost-efficient experience when moving funds. As a pioneer in multiple cryptocurrency ecosystems, the company hosted several leadership events in 2021, including the Mainnet 1.0 and 2.0 online events, a Mainnet-related private event with Fenbushi Capital in New York City, an NFT-related private event in Miami, and a bigger-than-ever online event focusing on the metaverse. In November 2021, BitMart completed a Series B fundraise led by Alexander Capital Ventures — a New York-based private equity firm that also invested in well-known industry disruptors. Investors acknowledged BitMart’s tremendous growth and success in the industry and expressed their hope to see BitMart thrive in future years.
BitMart CEO Sheldon Xia said in an interview that he believes cryptocurrency will reshape the global economy fundamentally, with economic freedom bringing further innovation, efficiency and equality to the world.
“BitMart’s vision is to bring cryptocurrency available to everyone everywhere,” said Xia. “But it won’t happen unless we build simple and secure products for individuals and institutions around the world to discover and interact with this new frontier.”
BitMart is following this vision in 2022 by prioritizing enhanced platform security, embracing compliance, providing better user experiences and building an integrated ecosystem.
Last year’s cyberattack prompted the company to put forth more effort in defending the security of user assets. The team says they will continue to work alongside cybersecurity experts, ecosystem partners and regulators to further strengthen their capacity against attacks and security breaches.
BitMart’s commitment to compliance started from day one. BitMart’s CEO once noted that the United States is the country with the most regulated framework of the blockchain industry, and the company will continue to work with governments and law enforcement to promote business reliability and trading transparency.
During the past year, BitMart strove to improve its user experience, with efforts only intensifying in 2022. The team will work on building an all-in-one trading platform with a better user interface, aided by leading professionals and strategic partners.
Furthermore, the company says it will continue building and expanding its derivatives market, enriching the functions of BMX and endeavoring to establish an NFT market. “BitMart's next focus is developing a cryptocurrency ecosystem in parallel with the traditional financial world,” Xia said. “BitMart will remain a pioneer in the industry, creating and witnessing the rise of the multidimensional crypto world.”
About BitMart
BitMart is a premier global digital assets trading platform with over 9 million users worldwide and ranked among the top cryptocurrency exchanges on CoinGecko. BitMart currently offers 800-plus trading pairs with some of the lowest trading fees in the market. To learn more about BitMart, visit its website, follow its Twitter or join its Telegram for more updated news and promotions. Download the BitMart app to trade anytime, anywhere.