Crypto exchange Bitget announced a significant $700 million capital inflow and a surge in website traffic during the second quarter of 2024. The platform experienced a notable 50% increase in traffic compared to the previous quarter, attracting around 10 million monthly visitors. Additionally, Bitget welcomed 2.9 million new users and observed a 10% rise in spot trading volume from Q1. The exchange also noted substantial growth in its holdings of Bitcoin, Tether, and Ether, with increases ranging from 70% to 153%. Bitget's strategic partnership with three Turkish national athletes and the launch of a $20 million ecosystem fund in collaboration with Foresight Ventures were highlighted. The company emphasized its commitment to Web3 development and reinforced its security measures by partnering with Sumsub for KYC verification to combat deepfake scams in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news