Gracy Chen

Gracy Chen is the CEO of Bitget, the Seychelles-based cryptocurrency exchange that has grown under her leadership to become one of the world's largest derivatives trading platforms by volume. Chen joined Bitget as Managing Director in 2021 before assuming the CEO role, bringing a background in investment and technology business development that she applied to Bitget's global expansion strategy.

Before Bitget, Chen worked in investment roles across the technology and blockchain sectors in Asia, developing relationships with institutional investors and exchanges that would prove valuable as Bitget scaled. Her appointment as CEO coincided with a critical period in crypto exchange competition: the post-FTX environment that destroyed trust in several major centralised exchanges created an opening for transparent, well-capitalised platforms to capture market share.

Bitget's most distinctive product innovation is its copy trading system — a feature that allows retail users to automatically mirror the positions of top-performing traders on the platform. Copy trading, borrowed from the traditional finance world where it had been popularised by platforms like eToro, found a particularly receptive audience in crypto markets where the complexity and volatility of derivatives trading presents a steep learning curve for newcomers.

Under Chen's leadership, Bitget's copy trading platform grew to over 90,000 active professional traders and millions of copy traders — making it the largest copy trading platform in crypto by volume. The system's design gives users fine-grained control over risk parameters: maximum position size, maximum drawdown, and automatic stop-loss settings can be configured independently of the copied trader's strategy.

The copy trading innovation also created a new economic model for skilled traders who could earn a percentage of their followers' profits as performance fees. This creator economy dynamic attracted some of the most consistent performers in crypto derivatives markets to Bitget's platform, creating a virtuous cycle of talent attraction and performance-driven marketing.

Following FTX's collapse in November 2022, user fund protection became the defining competitive differentiator among centralised exchanges. Bitget established a $300 million Protection Fund — maintained as a permanent reserve separate from operating capital — as an explicit guarantee against exchange insolvency affecting user assets. The fund is regularly reported and verified, part of Bitget's effort to establish auditable proof of reserves.

Chen has been a vocal advocate for industry self-regulation in the aftermath of FTX, arguing that exchanges that cannot demonstrate transparent reserves and segregated user funds should not be permitted to operate. This stance positioned Bitget as a responsible industry actor and attracted users migrating from less transparent platforms.

Bitget's BGB token — the exchange's native utility and governance token — grew significantly under Chen's tenure, reaching a market capitalisation that placed it among the top exchange tokens globally. BGB provides trading fee discounts, access to Bitget's launchpad for new token listings, and governance rights over aspects of the exchange's product development.

Chen has pursued an aggressive global expansion strategy for Bitget, obtaining regulatory licences in multiple jurisdictions and establishing regional offices across Europe, Southeast Asia, and Latin America. This multi-jurisdiction approach contrasts with the single-domicile strategy of many crypto exchanges and reflects a belief that regulatory compliance, while expensive, is a long-term competitive advantage.

Under Chen's direction, Bitget launched a range of educational and community initiatives targeting emerging market crypto adoption — including a $10 million fund for Web3 youth education and partnerships with universities across Southeast Asia and Africa. These initiatives serve both brand-building and genuine market development goals, targeting the next generation of crypto users in markets with high smartphone penetration but limited traditional financial infrastructure.

As of 2026, Bitget ranks consistently among the top five global crypto derivatives exchanges by open interest, with over 45 million registered users and operations in more than 100 countries. Chen's leadership has transformed the exchange from a mid-tier regional platform into a credible global competitor — a transformation driven by product innovation, user protection commitments, and disciplined market expansion.