Bitget Launches its Russian Version: Another Leap Towards Globalization

The derivatives exchange Bitget announced a new Russian version to provide both trade services and customer support in the Russian language — another crucial globalization initiative following its entry into Japan, South Korea, and the Southeast Asia market last year. “Going global is our major strategy in the second half of 2021,” said its CEO Sandra in an interview with Cointelegraph last month. About this new move, she explained, “There are a large amount of active Russian users on Bitget, with many more coming in, as shown in our data. That’s why we think getting the Russian version online has become a top priority.” Home to many top crypto projects and enterprises such as Ethereum, Waves and BitFury, Russia is a prominent market that cannot be ignored in the industry. According to RACIB, among every 70 Russians, there is one crypto investor. That’s a total of 2,000,000 people. The mature market structure and large user base have made Russia a key station for exchanges seeking to expand their global footprint. Bitget is one of the most popular derivatives exchanges in the last two years. Since its launch in 2018, it has been leading the market with multiple product innovations. Up to now, the exchange has more than 1.5 million registered users in 46 countries and regions, including Japan, South Korea, Malaysia, and Turkey, ranking Top6 worldwide by average daily trading volume according to CoinMarketCap. Last July, Bitget ...