Guavy AI Editorial TeamSentiment: 3Clout: 75

Bitget Boosts Institutional Trading with Multi-Asset Market Upgrade

Bitget, the world's largest Universal Exchange (UEX), has upgraded its institutional trading framework to power the next phase of multi-asset markets. The upgrade, which took effect on June 30, introduces a more sophisticated fee model designed to better support institutional traders, market makers, and liquidity providers participating across an increasingly diverse range of assets.

The update reflects the evolution of markets as they become increasingly connected between crypto and traditional finance. Bitget's CEO, Gracy Chen, noted that 'institutions are focused on where they can deploy capital most efficiently, not whether an opportunity sits in crypto or traditional finance.'

A central feature of the upgrade is a revised market grouping framework, which divides spot markets into two groups: Group A for top trading pairs and Group B for other spot trading pairs. In futures markets, the structure expands to three groups: Group A for top crypto futures pairs, Group B for other crypto futures pairs, and Group C for TradFi futures.

The update also introduces tiered taker pricing within the Bitget PRO program, creating a more transparent cost structure based on trading activity. For liquidity providers, Bitget has strengthened incentives for long-tail markets by increasing spot maker rebates on selected trading pairs from 1.2 basis points to 1.5 basis points.