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VICTORIA, Seychelles, June 27, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is now the most liquid platform for altcoins within the 0.3–0.5% price interval, as per reports released by CoinGecko analyzing centralized exchange (CEX) liquidity across key digital assets. This finding comes from a comparative study of order book depth across major trading venues including Binance, Bybit, OKX, Kraken, and Coinbase.
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The report, titled “2025 State of Crypto Liquidity on CEXes,” examined order book snapshots and deviation spreads for top-traded tokens such as BTC, ETH, XRP, SOL, and DOGE. It measured liquidity within various price intervals from the mid-market rate, providing a granular view of the actual executable volume for traders. While Binance retained the largest depth for Bitcoin, Bitget outperformed all other platforms in terms of liquidity provisioning for non-BTC assets in the mid-depth trading band.
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The analysis highlighted that Bitget consistently maintained superior liquidity for altcoins—particularly within the 0.3% to 0.5% spread from market price—suggesting a favorable trading environment for investors seeking tighter spreads and reduced slippage outside of Bitcoin-heavy strategies. This result positions Bitget as the preferred platform for altcoin traders, as tighter spreads often signal healthier market participation and reduced execution costs.
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“Altcoin liquidity is a measurement for market depth, and this ranking shows how far Bitget has come. Today, institutions drive 80% of our spot volume, futures activity from professional firms has doubled, and 80% of top quant funds trade on Bitget. Liquidity is infrastructure — and we’re building it where the market needs it most,” said Gracy Chen, CEO at Bitget.
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CoinGecko’s liquidity evaluation focused not just on headline volumes but on actual order book thickness and slippage tolerance at different price bands, making it a more accurate reflection of trading experience. Bitget’s strong presence in these middle bands shows its capacity to sustain meaningful trading depth beyond high-cap assets, which remains a challenge for many centralized platforms.
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In an increasingly fragmented liquidity landscape, the report suggests that Bitget’s performance could be attributed to active market-making infrastructure, listing strategy, and strong retail and institutional participation in the altcoin segment. The findings are particularly relevant as trading costs and depth disparities remain a priority for professional traders and funds operating across multiple venues.
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To read the full report, please visit here.
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About Bitget
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Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
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