Bitget, a leading global cryptocurrency derivatives exchange, announced today at 4.15pm that it will temporarily suspend new user registrations in Mainland China. The suspension will take effect immediately.
The decision was made in order to focus on a major investment deal that Bitget is currently negotiating. The strategic investment will provide Bitget with new opportunities and growth potential.
Bitget will continue to serve existing users in Mainland China. The exchange will provide updates on the new user registration suspension as they become available.
Bitget, a Singapore-based company that specialises in copy trading services, was founded in 2018. As a cryptocurrency exchange and Web3 company, it currently serves over 20 million users in more than 100 countries worldwide. Committed to facilitating smarter trading experiences, Bitget offers its innovative copy trading functionality along with other trading solutions.