- Bitget ventures into the Middle East with a new office in Dubai.
- Company expands globally, meeting rising interest in cryptocurrencies.
Bitget, one of the leading trading platforms, is moving forward with its global expansion plans.The company officially announced the opening of a new office in downtown Dubai recently. With a mission to become a dominant player in the Middle Eastern market, it plans to hire up to 60 talented professionals in middle- and back-office positions within the next two years.
Gracy Chen, the company’s Managing Director, expressed her excitement about the venture, emphasizing the rapid scaling of their Middle Eastern team to support the burgeoning business growth.
Bitget Steps On Dubai , What’s Ahead ?
By venturing into the Middle East, Bitget aims to tap into the region’s increasing interest in blockchain technology and digital assets, providing innovative services to cater to the needs of the growing investor base. Also as part of its expansion strategy, it is exploring license applications to ensure compliance with local regulations, reinforcing its commitment to secure crypto trading
Meanwhile, Bitget’s confidence in the region is further solidified by the successful launch in Turkey earlier this year.And this move comes at a time when US-based crypto exchanges are aggressively expanding globally, seeking more crypto-friendly environments amid tightening regulations back home.
Adding to it, Bitget’s focus on the Middle East aligns with the strategies of other major exchanges like Gemini and Coinbase, who are also targeting the Asia-Pacific region for expansion.
Bitget’s collaboration with Copper’s ClearLoop network enhances its appeal to clients, offering a secure way to hold digital assets within Copper’s infrastructure while still being able to execute trades. This seamless integration aligns with Bitget’s mission to provide user-friendly and efficient service.
Finally, The Middle East’s crypto market shows great promise, making it a strategic move for Bitget. As the region continues to embrace cryptocurrencies and blockchain technology, its presence is poised to usher in a new era of crypto trading in the Middle East.
