BIT Exchange 2023 in Review
Just over 2 years ago, crypto prices topped out with Bitcoin almost reaching $70,000 in October 2021. Then things got bad. Then they got a little worse. And then, the deep freeze of crypto winter set in.
Right at the end of 2022, we hit a low point when BTC sank toward $15,000 as several crypto giants went belly up leaving the rest of the community with the challenge of navigating the knock-on effects. You probably remember.
2023 marked the turnaround. Market confidence slowly picked up about halfway through the year, and the industry hit a stride in October. In fact, the market caught fire as Bitcoin went from strength to strength pushing past many resistance levels and marching on to $45,000. Bitcoin’s strongest day was on October 23 with a gain of +10%.
We have officially entered the fifth Bitcoin bull market.
And all throughout the year, we have been building new products, upgrading our trading platform, and expanding our support across the crypto ecosystem to make sure we are ready for this moment. To make sure you are ready for this moment.
Here’s a snapshot of what we did in 2023, together with our partners, to reach our goals and help bring crypto to the next level.
A year of building, innovation, and growth
Platform Growth
Pioneering Altcoin Options Market
20+ New Spot/ Perp Listings
Upgrading the BIT Trading Platform.
Advanced tools. For everyone.
| Company | Contact | Country |
|---|---|---|
| Alfreds Futterkiste | Maria Anders | Germany |
| Centro comercial Moctezuma | Francisco Chang | Mexico |
- Position History
- Real time settlement for derivative trading
- Copy Trading
- Upgraded Rebalancing Market Making Strategy
- Sub accounts
- Auto-deleverage (ADL) mechanism
- Reduced-only order
- Time-Weighted Average Price (TWAP)
- Daily options
- RFQ
- USDT options
Giving you the tools to grow and amplify results.
- Referrals
- Affiliates
- Enhanced Rewards Center
- Giftcard
We’ve expanded our ecosystem
With events in the Community
- Copper March, SG
- Fireblocks April HK
- Ledn, Stealth Capital, KBW
- Rise & Dine Token2049
- TDX Masterclass
- Blockchain Fest 2023
- BIT 2023 Singapore, Crypto Jive after Five
- BIT x TON Dubai
- Summit2009 Decentralization Talk Malaysia
- 10+ AMAs
And securing new partnerships
- Improving security with Fireblocks & Copper ClearLoop
- Connecting with Telegram, enabling TON for transaction fees
- Paradigm USD-margined options & blocktrade
- Supporting RWAs: Use STBT as Trading collateral
We do things the right way, without exception.
Crypto never sleeps and neither do we.
Featured in the media on the front page over 160 times.
Logos (linked):
- Coindesk
- The Block
- Bloomberg
- BeinCrypto
- Hedgeweek
- Blockchain Reporter
- Coinpedia
- Tradingview
- Coinmarketcap
- Marketwatch
- Markets Business Insider
- Seeking Alpha
- Bitcoinist
Sharing our market views and guides
What you need to know about options trading
What’s in store for 2024?