Cryptocurrency Exchange with 20 Million Users Places Restrictions on China

BitGet, the cryptocurrency exchange founded in 2018, announced that it is on the verge of a major investment deal.

Bitget, in his statement today “in talks for a major investment” announced that it was. Company, “This strategic decision will give us more opportunities and growth.” said.

Singapore-based Bitget has a transaction volume of $493 million in the last 24 hours, according to CoinGecko data. According to the information on its website, the stock exchange more than 20 million has registered users.

Due to this investment meeting, the company decision to impose some restrictions on the user base took. In the statement, “In line with this important development, from the Chinese mainland get new user registration “We will stop it.” It was said.

Bitget entered the Hong Kong market in April, but announced last month that it was leaving the region. It will be withdrawn as of December 13th. announced.

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