The overall number of deposits on the exchange increased by 208%.
DefiLlama reports that Binance had a net outflow of $3.128 billion over the previous 7 days.
U.S. authorities’ legal action against Binance and Coinbase, two of the most popular cryptocurrency exchanges, has driven users in Latin America to Bitget. Moreover, Bitget informed that from June 6 to 9, new users in the area grew 43% compared to daily norms, with Brazil and Argentina topping the market share rise.
The overall number of deposits on the exchange also increased, by 208%, while the number of new customers in Brazil rose by 54%. The number of Argentine customers climbed by 33%, while the total amount deposited grew by 87%. The cryptocurrency exchange is available in Mexico, Colombia, and Venezuela. In the last few days, deposits to Bitget have increased by 134% in the area.
More than 8 million people in 100 different nations use Bitget every month. The number of Latin American customers was not disclosed by the co
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