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Bitget Climbs to Top 5 in App Rankings as OKX Exits Nigerian Market


by CoinEdition
Bitget_Climbs_to_Top_5_in_App_Rankings_as_OKX_Exits_Nigerian_Market
  • Bitget has surged to the top 5 in Google Play app rankings in Nigeria.
  • Bitget ascends to this ranking just as the OKX exchange exits the Nigerian market.
  • The exchange’s strategic expansion positioned it favorably amid regulatory challenges faced by other exchanges.

In a remarkable turn of events, Bitget has emerged as a top-ranking finance-based mobile application in the Nigerian market. According to the latest data from the Google Play app store’s top free apps chart, Bitget has secured a spot among the top 5. It surpassed its top competitors, including exchanges Binance, KuCoin, and Bybit.

Bitget ascends to this ranking just as the OKX exchange exits the Nigerian market, creating a void in the highly competitive crypto trading landscape. OKX announced ceasing operations in Nigeria this week amid updated regulatory requirements from the Nigerian government. Several other exchanges that initially support Nigerians are similarly grappling with the new regulatory regime.

For instance, Binance discontinued all services related to the Nigerian Naira in March, including P2P trading, while two o…

The post Bitget Climbs to Top 5 in App Rankings as OKX Exits Nigerian Market appeared first on Coin Edition.

Read the article at CoinEdition

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Bitget Climbs to Top 5 in App Rankings as OKX Exits Nigerian Market


by CoinEdition
Bitget_Climbs_to_Top_5_in_App_Rankings_as_OKX_Exits_Nigerian_Market
  • Bitget has surged to the top 5 in Google Play app rankings in Nigeria.
  • Bitget ascends to this ranking just as the OKX exchange exits the Nigerian market.
  • The exchange’s strategic expansion positioned it favorably amid regulatory challenges faced by other exchanges.

In a remarkable turn of events, Bitget has emerged as a top-ranking finance-based mobile application in the Nigerian market. According to the latest data from the Google Play app store’s top free apps chart, Bitget has secured a spot among the top 5. It surpassed its top competitors, including exchanges Binance, KuCoin, and Bybit.

Bitget ascends to this ranking just as the OKX exchange exits the Nigerian market, creating a void in the highly competitive crypto trading landscape. OKX announced ceasing operations in Nigeria this week amid updated regulatory requirements from the Nigerian government. Several other exchanges that initially support Nigerians are similarly grappling with the new regulatory regime.

For instance, Binance discontinued all services related to the Nigerian Naira in March, including P2P trading, while two o…

The post Bitget Climbs to Top 5 in App Rankings as OKX Exits Nigerian Market appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitget Hits $750B Monthly Derivatives Volume, Tops ETH and SOL Liquidity in CoinDesk Report

Bitget Hits $750B Monthly Derivatives Volume, Tops ETH and SOL Liquidity in CoinDesk Report

Bitget has been recognized in CoinDesk’s latest Market Data Deep-Dive report for its ...
CFTC’s FBOT Reverses Biden-era Overreach That Drove Crypto Trading Offshore

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The post CFTC’s FBOT Reverses Biden-era Overreach That Drove Crypto Trading Offshore ...