Forks and altcoins

Bitget exchange received registration in the Seychelles

Bitget exchange received registration in the Seychelles

As part of its global expansion, derivatives exchange Bitget has registered in the Seychelles and announced plans to increase its staff by 50%.

According to the statement, the Bitget exchange operates in a decentralized manner, without a specific headquarters regional centers in strategic markets, with more regional centers planned in the future. Bitget has updated its employment policy and set a new goal of 1200 employees by the first quarter of 2023 with a 50% increase in staff within a few months.

Registration of a stock exchange in the Seychelles is carried out in accordance with the International Business Companies Act 2016. Bitget has also established regional hubs in Asia and Latin America and plans to increase its global footprint with more regional hubs, including in Europe and Africa. Bitget recently formed a $5 million relief fund to mitigate the effects of the collapse of the FTX exchange.

“We see the Seychelles as a friendly region for the crypto community. We have been working on this registration for several months - it will allow us to expand cooperation with partners and strengthen relationships with banks. We believe this will help attract talent from overseas when “We are focused on growth and scale. It is critical for us to recruit highly qualified candidates around the world and establish regional hubs to promote local communication and coordination in strategic markets at the same time,” says Gracie Chen, CEO of Bitget.

Bitget announced plans to expand its workforce in early summer, with a goal of increasing the workforce to 1000 people. Since June, the exchange has grown from 450 to over 800 at the end of September, up 78% in 4 months, according to Bitget. The exchange is currently looking for talented engineers as well as product, marketing and branding team members to provide users with the best social trading experience. The staff expansion is in line with Bitget's global expansion and long-term strategy, Gracie Chen said, and the new staff will help the exchange build a secure and trusted platform.

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