Incorporating CeFi security and convenience into the DeFi trading environment.
Bitget, the leading global cryptocurrency exchange, launchesMega Swap“, a new feature on its platform that allows platform users to trade or exchange their digital assets for more than 10,000 cryptocurrencies in a DeFi environment. With a MegaSwap account, users have access to trading on eight influential chains and 10 significant DEXs while remaining on the Bitget platform. This feature bridges the freedom and versatility of DeFi with the security and convenience of CeFi, allowing users to enjoy the best of both worlds.
While CEX users enjoy secure trading experiences with various products and services, DEX is also gaining traction among investors who want to quickly acquire a variety of tokens. However, trading in DEX is not for everyone. Due to the knowledge barrier and lack of protection with assets stored in DeFi wallets, many users are discouraged from participating in DEX. Against this background, MegaSwap is designed to meet users’ demand for trading convenience and security, while enjoying diversified assets and high liquidity, allowing users to integrate a centralized trading experience into DeFi markets.
Users only need to activate their MegaSwap account with a few clicks to unlock the ability to trade over 10,000 cryptocurrencies on 10 leading DEXs such as Uniswap, Pancake, Curve, Sushiswap and more. MegaSwap is equipped with the best liquidity pool options. The feature currently supports transactions on eight different chains, including ETH, BSC, Polygon, OP, Fantom, Klay, HECO, and OEC. With the help of MegaSwap, users can easily and conveniently perform cross-chain swaps in one place.
In addition to combining the advantages of CEX and DEX, MegaSwap facilitates the trading experience by simplifying the payment of gas fees. Compared to regular DeFi trading, where traders have to set up multiple on-chain tokens to pay gas fees incurred from transactions, MegaSwap automatically transfers gas fees from stablecoin balances in users’ accounts, allowing users to trade with minimal effort.
Gracie Chen, CEO of Bitget says, “MegaSwap is an important step taken by Bitget to build a secure, dynamic and robust trading experience in one place to reach critical mass. Given the volatility and uncertainty in the recent trading markets, we notice that users and investors are eager to protect assets without sacrificing convenience and performance. MegaSwap provides the right point connection solution, allowing users to enjoy the benefits of DEX and the increased protections covered by the Bitget platform.We appreciate offering users a variety of options and liquidity, combined with our cutting-edge security and risk management measures, including hot and cold wallet segregation, multi-signature wallet, zero trust security architecture and more. user assets.”
Gracie adds, “DeFi has become an important part of the ever-evolving crypto space, and also plays a role in enriching asset diversity and diversifying the cryptocurrency ecosystem with CeFi. We aim to be the gateway that seamlessly connects CeFi and DeFi with MegaSwap, actively listening to our community and users to meet changing market needs And stay abreast of market trends.”
Founded in 2018, Bitget is the world’s leading digital currency exchange with innovative products and social trading services as its main features, currently serving more than 8 million users in more than 100 countries around the world.
Committed to providing users with a secure one-stop trading solution, the exchange aims to increase cryptocurrency adoption by collaborating with trusted partners, including legendary Argentine footballer Lionel Messi, leading Italian football team Juventus, official esports regulator PGL, and pioneering e- Team spirit sports organization.
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Disclaimer: This is a paid post and should not be taken as news/advice.