Leading cryptocurrency exchange and Web3 company Bitget, in collaboration with CryptoRank, conducted a comprehensive comparative analysis of liquidity depth across five major centralized crypto exchanges (CEXs): Binance, Bitget, Bybit, MEXC, and OKX. The study offers critical insights into each platform's ability to handle large market orders with minimal price impact—a key factor for traders seeking efficient execution.
Key Findings
Spot Market Liquidity
Bitget ranks second among the top five global exchanges, demonstrating strong liquidity depth for major trading pairs like BTC/USDT and ETH/USDT. This positions Bitget as a competitive choice for traders prioritizing efficient execution in high-volume markets.
Futures Market Performance
In derivatives trading, Bitget secured fourth place, reflecting its growing influence in the sector with robust liquidity for major currency pairs.
Methodology
The analysis evaluated liquidity depth within a 2% range of the mid-market price—a benchmark for assessing an exchange’s capacity to execute large orders with minimal slippage. Bitget’s strong performance underscores its commitment to maintaining a stable and liquid trading environment.
Market Trends and Exchange Comparisons
The study revealed significant variations in liquidity depth across spot and futures markets:
- Binance dominates spot trading.
- MEXC leads in futures markets.
Bitget’s consistent performance aligns with its rapid growth, now ranking among the top 3 derivatives exchanges and top 5 spot platforms.
👉 Explore Bitget’s advanced trading features
Bitget’s Growth Metrics
- User base: Grew 400% in 2024, from 20M to 100M.
- Spot trading volume: Surged from $160B** (Q1) to **$600B (Q4).
- Daily trading volume: Doubled to $20B.
Recognized by Forbes as one of the most trusted crypto exchanges, Bitget continues expanding its product suite and enhancing platform functionality to support seamless trading for its global user base.
About Bitget
Founded in 2018, Bitget serves 100M+ users across 150+ countries, offering:
- Copy Trading: Pioneering social trading solutions.
- Bitget Wallet: Multi-chain Web3 wallet with NFT market, DApp browser, and token swap.
- Real-time price data: BTC, ETH, and other cryptocurrencies.
Strategic Partnerships
Bitget partners with LALIGA (official crypto sponsor in Asia and Latin America) and elite athletes like Buse Tosun Çavuşoğlu (wrestling champion) to promote crypto adoption.
FAQs
1. Why is liquidity depth important in crypto trading?
High liquidity depth reduces slippage, enabling traders to execute large orders at stable prices.
2. How does Bitget ensure platform stability?
Through rigorous liquidity management and real-time market monitoring.
3. What makes Bitget Wallet unique?
It integrates multi-chain support, DeFi tools, and an NFT marketplace in one interface.
4. How can users benefit from Bitget’s copy trading?
Beginners can mirror strategies of top-performing traders automatically.
Final Notes
Digital assets are volatile; invest responsibly. Bitget disclaims liability for losses. Read the full Terms of Use.