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Gungun Bhatia
Nov 22, 2022
by Gungun Bhatia

Bitget Exchange Enters in Seychelles and Looks to Expand Worldwide

Bitget Seychelles

Table of contents

  1. Bitget Exchange To Amend Recruiting Plan
  2. Launch of Builders and Protection Fund
Bitget, a leading cryptocurrency exchange with an international reach, has announced that it has registered in Seychelles to support its growth. The exchange runs in a decentralized way without a central office, with regional centers in strategic industries, and intends to establish more regional hubs in the future.

Bitget Exchange To Amend Recruiting Plan

To further satisfy customer demand and promote company development, the exchange has also amended its recruiting plan, setting a new goal of 1200 employees by the first quarter of 2023, an additional 50% of its current human resource size.

The International Business Companies Act of 2016 governs the Seychelles registration. According to Bitget's expansion roadmap, the company intends to establish more regional centers. Gracy Chen, managing director of the business, stated that the incorporation of Bitget in Seychelles provides a positive atmosphere that allows for opening associate collaborations and strengthening banking ties.

Launch of Builders and Protection Fund

Bitget Exchange has launched the USD 5 million Builders' Fund and increased the amount of the Protection Fund to USD 300 million in recent weeks as part of a series of steps to foster confidence and faith among users and the cryptocurrency industry. Furthermore, the exchange is moving through with its recruiting plans without any indication that the recent unrest has had an impact.

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Bitget Exchange Enters in Seychelles and Looks to Expand Worldwide
Gungun Bhatia
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.

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