Bitget, a cryptocurrency exchange known for its derivatives trading, has recently seen its derivatives volume surpass that of its competitors, OKX and Bybit. This development is noteworthy as it indicates a shift in the derivatives market landscape, where the exchange trading volume reflects its growing user base and market presence. While these platform have been established players in the space, Bitget's rise in derivatives volume suggests that traders are increasingly turning to the platform, possibly due to its seamless-KYC policy, friendly UI and higher leverage options. The platforms robust security measures and a well published proof-of-reserves, provided it's users with confidence in their choice among these exchanges ultimately becoming the prefer platform that cater for the majority trading needs.
Could this platform's enhanced features and services may have contributed to this positive trends?