Despite the current market slowdown, the top cryptocurrency exchange, Bitget, in a recent press release mentioned their plans to grow staff to 1,000 in the next six months.
Since the start of the second quarter of 2022, the global crypto market has been on a downward trend, resulting in the cancellation of several projects and plans. In the midst of market volatility, negative market sentiments led to staff cutbacks in many worldwide crypto operators, owing to quickly changing economic circumstances as well as over-hiring and misuse of funds.
In the uncertain market circumstances, Bitget, the world’s top derivatives exchange, has seen tremendous growth and generated strong and regular cash flow. Such market sentiments have not stopped the platform from improving its products and meeting the continuously expanding requirements of consumers. Bitget began in 2021 with a modest staff of 150 people and has since grown thrice by mid-2022. Bitget will accelerate its employment strategy to meet rising demand and prepare the way for future advancements.
Gracy Chen, Bitget’s Managing Director, said, “We revealed earlier this year that our derivatives trading volume had hit an all-time high of $8.69 billion in March 2022. In the previous 12 months, our trade volume increased by more than tenfold, a major accomplishment; also, our user base increased dramatically to two million members globally.”
