Bitget Introduces MegaSwap for a Re-Invented DeFi Experience

1 year ago

press release

PRESS RELEASE. Seychelles, December 26, 2022 – Leading planetary cryptocurrency exchange, Bitget launches “MegaSwap“, a caller diagnostic connected its level that alteration the platform’s users to commercialized oregon swap their integer assets for implicit 10,000 cryptocurrencies connected a DeFi environment. With a MegaSwap account, users tin summation entree to commercialized done 8 influential chains and 10 important DEXs portion staying connected Bitget’s platform. The diagnostic bridges the state and assortment of DeFi with the information and convenience of CeFi, enabling users to bask the champion of some worlds.

While CEX users bask secured trading experiences with diversified products and services, DEXs are besides gaining expanding traction amongst investors who privation to get a clasp of a much assortment of tokens fast. However, trading connected DEXs is not for everyone. Due to the cognition obstruction and the deficiency of extortion with assets stored connected DeFi wallets, galore users are deterred from getting progressive with DEXs. In airy of this, MegaSwap is designed to fulfill users with the request for trading successful convenience and safety, portion enjoying plus assortment and precocious liquidity astatine the aforesaid time, allowing users to integrate a centralized trading acquisition successful DeFi marketplaces.

Users lone person to activate the MegaSwap relationship with a fewer clicks to unlock the relation of trading implicit 10,000 cryptocurrencies connected 10 starring DEXs, specified arsenic Uniswap, Pancake, Curve, Sushiswap, and more. Empowered by the assortment of DEXs, MegaSwap is equipped with the champion options for liquidity pools retired there. The diagnostic presently supports transactions connected 8 antithetic chains, including ETH, BSC, Polygon, OP, Fantom, Klay, HECO and OEC. With the assistance of MegaSwap, users tin implicit cross-chain swaps effortlessly and straightforwardly successful 1 place.

Aside from combining the advantages of CEX and DEX, MegaSwap adjacent further smoothens the trading acquisition by streamlining outgo of state fees. Compared to mean DeFi trading, wherever traders person to hole antithetic chain-native tokens to wage for state fees incurred from the transactions, MegaSwap automatically converts state fees from stablecoin balances successful the user’s accounts, allowing users to commercialized with minimum effort.

Gracy Chen, Managing Director of Bitget, says, “MegaSwap is an important measurement taken by Bitget successful gathering a safe, dynamic and robust one-stop trading acquisition to scope the captious mass. Facing fluctuation and uncertainty successful caller trading markets, we observe that users and investors agelong for the extortion of assets without sacrificing convenience and performance. And MegaSwap provides the close solution to link the dots, which enables users to bask the upsides of DEX and the heightened extortion covered by Bitget’s platform. We worth offering users a assortment of options and liquidity, and astatine the aforesaid time, brace with our top-notch information measures and hazard management, including blistery and acold wallet separation, multi-signature wallet, Zero Trust information architecture and a batch much to support users’ assets. ”

Gracy adds, “DeFi has go a important constituent of this ever-evolving crypto space, and is besides playing a portion successful enriching plus assortment and diversifying the crypto ecosystem with CeFi. We purpose to beryllium the portal that seamlessly connects CeFi and DeFi with MegaSwap, arsenic we actively perceive to our assemblage and users to cater to changing marketplace needs and support ourselves connected apical of marketplace trends.”

About Bitget

Bitget, established successful 2018, is the world’s starring cryptocurrency speech with innovative products and societal trading services arsenic its cardinal features, presently serving implicit 8 cardinal users successful much than 100 countries astir the world.

The speech is committed to providing a secure, one-stop trading solution to users and aims to summation crypto adoption by collaborations with credible partners, including legendary Argentinian footballer Lionel Messi, the Italian starring shot squad Juventus, authoritative esports events organizer PGL, and the starring esports enactment Team Spirit.

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