Bitget, a leading crypto exchange, has announced a one-year partnership with popular American actor and comedian Adam Devine. This partnership aims to promote crypto education and adoption through an engaging and lighthearted approach.
Gracy Chen, the Managing Director of Bitget, stated that working with comedians like Adam Devine will lower the knowledge barrier and make crypto and Web3 more fun and accessible to attract more youth. Chen believes that the younger generation will be key in bringing about a more crypto-friendly future.
Bitget sees Adam Devine as someone who has captured the attention of millennials and Gen Z, making him an ideal ambassador for promoting the adoption of cryptocurrencies. The company believes that with the increasing adoption of crypto, the younger generation will play a significant role in embracing and utilizing this emerging industry.
This partnership is part of Bitget’s ‘#SetForChange’ campaign, which aims to embrace the future of money, contemporary financial tools, and Web3. The campaign highlights Bitget’s focus on smarter trading with AI features and copy trading.
It’s worth noting that this is not Bitget’s first celebrity partnership. In October 2022, the exchange joined forces with iconic Argentinian footballer Leo Messi to give his fans an opportunity to explore Web3 and trading crypto on Bitget. These partnerships with prominent figures in sports and entertainment demonstrate Bitget’s commitment to reaching a wider audience and promoting the benefits of cryptocurrencies.
This collaboration comes at a time when the crypto industry has faced some challenges, including a bear market, ongoing legal disputes, and regulatory issues. These factors have left a bad taste in the mouths of many celebrities who have previously endorsed or promoted crypto platforms. The fall of the FTX exchange, for example, played a significant role in tarnishing the reputation of the industry.
Despite these challenges, Bitget has remained busy and resilient in the crypto space. In March, it became the first centralized exchange to support a decentralized data warehouse called “Time and Space.” This innovation demonstrates Bitget’s commitment to staying at the forefront of technological advancements in the crypto industry.
Furthermore, in early July, Bitget launched a crypto lending program that allows users to stake their coins in exchange for loans in other cryptocurrencies. This initiative provides users with additional flexibility and options for utilizing their crypto assets.
In mid-July, Bitget announced that its reserves had reached a high of $1.44 billion, and the exchange is now debt-free. This achievement signifies Bitget’s financial strength and stability in a volatile market.
To streamline processes and enhance functions, Bitget has also incorporated AI tools. The exchange’s managing director, Gracy Chen, confirmed that AI is being used to optimize operations and improve user experience.
In late July, Bitget announced its plans to expand its operations to the Middle East and opened a new office in Dubai. This expansion demonstrates Bitget’s commitment to global growth and its confidence in the potential of the Middle Eastern crypto market.
On July 25, Bitget unveiled its rebranding campaign, which included a refreshed logo, visual elements, and a new brand tagline: “Trade smarter.” The company’s vision of trading smarter is exemplified through its leading copy trading feature and the introduction of AI-powered tools in the near future.
In conclusion, Bitget’s partnership with comedian Adam Devine represents a strategic move to promote crypto education and adoption. By collaborating with prominent figures like Adam, Bitget aims to break down barriers and make crypto more accessible and engaging for the younger generation. This partnership is part of Bitget’s broader initiatives, including technological innovations, financial stability, and global expansion, all of which position Bitget as a leading crypto exchange in the market.