Merging CeFi safety and comfort to DeFi buying and selling atmosphere.
Main international cryptocurrency change, Bitget launches “MegaSwap“, a brand new characteristic on its platform that allow the platform’s customers to commerce or swap their digital property for over 10,000 cryptocurrencies on a DeFi atmosphere. With a MegaSwap account, customers can achieve entry to commerce by way of eight influential chains and 10 essential DEXs whereas staying on Bitget’s platform. The characteristic bridges the liberty and number of DeFi with the safety and comfort of CeFi, enabling customers to get pleasure from the most effective of each worlds.
Whereas CEX customers get pleasure from secured buying and selling experiences with diversified services and products, DEXs are additionally gaining rising traction amongst traders who wish to come up with a extra number of tokens quick. Nevertheless, buying and selling on DEXs is just not for everybody. Because of the data barrier and the dearth of safety with property saved on DeFi wallets, many customers are deterred from getting concerned with DEXs. In gentle of this, MegaSwap is designed to fulfill customers with the demand for buying and selling in comfort and security, whereas having fun with asset selection and excessive liquidity on the identical time, permitting customers to combine a centralized buying and selling expertise in DeFi marketplaces.
Customers solely must activate the MegaSwap account with a couple of clicks to unlock the operate of buying and selling over 10,000 cryptocurrencies on 10 main DEXs, resembling Uniswap, Pancake, Curve, Sushiswap, and extra. Empowered by the number of DEXs, MegaSwap is provided with the most effective choices for liquidity swimming pools on the market. The characteristic at the moment helps transactions on eight totally different chains, together with ETH, BSC, Polygon, OP, Fantom, Klay, HECO and OEC. With the help of MegaSwap, customers can full cross-chain swaps effortlessly and straightforwardly in a single place.
Apart from combining some great benefits of CEX and DEX, MegaSwap even additional smoothens the buying and selling expertise by streamlining cost of gasoline charges. In comparison with regular DeFi buying and selling, the place merchants have to organize totally different chain-native tokens to pay for gasoline charges incurred from the transactions, MegaSwap robotically converts gasoline charges from stablecoin balances within the person’s accounts, permitting customers to commerce with minimal effort.
Gracy Chen, Managing Director of Bitget, says, “MegaSwap is a vital step taken by Bitget in constructing a secure, dynamic and sturdy one-stop buying and selling expertise to achieve the important mass. Dealing with fluctuation and uncertainty in current buying and selling markets, we observe that customers and traders lengthy for the safety of property with out sacrificing comfort and efficiency. And MegaSwap offers the suitable resolution to attach the dots, which permits customers to benefit from the upsides of DEX and the heightened safety coated by Bitget’s platform. We worth providing customers quite a lot of choices and liquidity, and on the identical time, pair with our top-notch safety measures and danger administration, together with cold and warm pockets separation, multi-signature pockets, Zero Belief safety structure and much more to guard customers’ property. “
Gracy provides, “DeFi has change into a vital component of this ever-evolving crypto area, and can also be taking part in an element in enriching asset selection and diversifying the crypto ecosystem with CeFi. We intention to be the portal that seamlessly connects CeFi and DeFi with MegaSwap, as we actively hearken to our group and customers to cater to altering market wants and preserve ourselves on prime of market tendencies.”
About Bitget
Bitget, established in 2018, is the world’s main cryptocurrency change with revolutionary merchandise and social buying and selling providers as its key options, at the moment serving over 8 million customers in additional than 100 international locations all over the world.
The change is dedicated to offering a safe, one-stop buying and selling resolution to customers and goals to extend crypto adoption by collaborations with credible companions, together with legendary Argentinian footballer Lionel Messi, the Italian main soccer workforce Juventus, official esports occasions organizer PGL, and the main esports group Workforce Spirit.
For media queries, please contact:
sylvia.huang.yq@bitget.com
rachel.cheung@bitget.com
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