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Bitget Sees Surge in Latin American Users Amidst Regulatory Pressure on Binance and Coinbase

Bitget is experiencing a significant increase in new accounts in Latin America with the region witnessing a surge in users following regulatory lawsuits against major competitors Binance and Coinbase .

Latin American Users Flock to Bitget

The popular crypto exchange Bitget has reported a 43% rise in new user registrations in Latin America from June 6 to 9 which surpasses the daily averages . The growth is particularly remarkable in Brazil and Argentina where the market share has expanded significantly . Brazil saw a 54% surge in new clients which was accompanied by a 208 % increase in total deposits . Meanwhile Argentina witnessed a 33% rise in its customer base with an 87 % growth in funds that are deposited . Bitget also operates in other Latin American countries such as Venezuela, Colombia and Mexico and has seen its total deposits in the region increase by 134 % in recent days .

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