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Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion

Martin Freiberger, July 20, 2023

Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion

Have you ever wondered how the world of cryptocurrency is expanding and reaching new territories? Well, hold on to your hats because Bitget, a prominent crypto trading platform, has just announced its plans to expand into the Middle East!

Seizing New Opportunities

Bitget has wasted no time and has already set up an office in downtown Dubai to support its expansion efforts. But Dubai is just the beginning. The company is also exploring opportunities in Bahrain and the United Arab Emirates. In fact, it is even considering establishing a regional headquarters in the Middle East.

Creating Job Opportunities

With this ambitious expansion plan, Bitget is not only bringing its platform to the Middle East but also creating job opportunities for up to 60 new members of staff. The company has already started recruiting for various middle- and back-office positions and aims to rapidly scale its Middle Eastern team to support its growing business.

"We hope to scale our Middle Eastern team rapidly to support business growth, with between 30 to 60 hires over the next two years," said Gracy Chen, managing director of Bitget.

Exploring New Markets

Bitget is not stopping at just opening an office. It is actively pursuing license applications to operate in Middle Eastern markets, demonstrating its commitment to expand and cater to the needs of investors in the region. This expansion follows the successful launch of Bitget in Turkey earlier this year, further solidifying its global presence in the cryptocurrency industry.

An Exciting Collaboration

Moreover, Bitget recently partnered with the reputable crypto custody firm, Copper. By joining Copper's ClearLoop network, Bitget's clients can securely hold their digital assets while seamlessly delegating them for trading on the exchange. This collaboration opens up new possibilities for both companies and enhances the trading experience for their users.

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Martin Freiberger, July 20, 2023
Source: Coindesk

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