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Bitget, a cryptocurrency exchange and Web3 company, has been named as one of the 12 finalists in the Digital Currency Exchange (DCE) of the Year category at the 2024 Blockies Awards in Australia. This accolade comes as part of the annual Australian Blockchain Industry Awards, recognising innovation and progress within Australia’s growing $552 million DCE market.
Bitget’s inclusion as a finalist is a significant achievement for the company, which is competing among more than 400 registered crypto exchanges in Australia. The Digital Currency Exchange of the Year award specifically highlights platforms that excel in transaction efficiency, security, compliance, and community engagement.
The Blockies Awards, a prominent event led by Blockchain Australia and the Digital Economy Council of Australia (DECA), acknowledges contributions made by individuals, startups, and organisations in advancing blockchain technology in Australia.
Focus on User Safety and Security
Over the past year, Bitget has worked to meet the growing demands of Australia’s cryptocurrency market, implementing several security and user protection measures. Notably, Bitget provides over 1,000 trading pairs for spot, futures, and margin trading in Australia. The platform’s $300 million protection fund is one of the key initiatives aimed at safeguarding users from unexpected risks or security breaches.
Another critical feature that Bitget prioritises is its proof-of-reserves ratio, which aims to maintain the platform’s stability even during substantial liquidations. Bitget’s commitment to user safety is a significant reason behind its recognition in the DCE category this year.
“Australia is an important market for us, and it’s gratifying to see Bitget’s efforts being recognised at The Blockies,” said Gracy Chen, CEO of Bitget. “We see tremendous potential for growth in the blockchain sector here and are eager to contribute to Australia’s dynamic financial landscape. Blockchain technology is already well-positioned to enhance existing financial infrastructures, and Bitget is proud to be part of this evolving crypto environment.”
Enhancing User Experience and Support
Bitget has made strides in expanding its platform’s accessibility for Australian users, catering to both beginners and seasoned traders. Advanced trading tools are available for risk management, while the platform offers round-the-clock customer support in multiple languages to assist its diverse user base. Bitget’s Pre-Market Trading Platform also provides early access to new tokens and projects before they’re made public, offering users a unique advantage in the rapidly evolving crypto space.
The platform’s signature copy trading feature has become a standout offering, making crypto trading more accessible and straightforward for users. Bitget currently hosts over 180,000 elite traders and has amassed more than 800,000 followers on its copy trading platform, reflecting the growing interest in social trading within the Australian crypto market.
Expanding Blockchain Literacy Through Education
Beyond its trading and security offerings, Bitget has contributed to blockchain education, promoting understanding and adoption across Australia. Initiatives like Bitget Academy, Blockchain4Her, and Blockchain4Youth have provided educational resources, lectures, and scholarships. To date, these programs have issued over 2,000 certificates and supported on-campus learning at more than 50 universities, demonstrating Bitget’s commitment to fostering blockchain literacy.
These efforts position Bitget as a key contender for the DCE of the Year award, set to be announced at a ceremony in Sydney on November 21, 2024.
About The Blockies Awards
The Blockies Awards, hosted by the Digital Economy Council of Australia, is a major event in the Australian blockchain sector, celebrating achievements and advancements in digital assets, blockchain, and Web3 technology. The event draws hundreds of professionals from across the industry to recognise contributions that shape Australia’s digital future. Held at Watersedge in Sydney, with a view of the iconic Opera House, the night serves as a networking platform and a celebration of blockchain’s transformative role in Australia.
Last Updated on November 1, 2024 by Nick Ross
