Bitget, one of the largest cryptocurrency exchanges in the world, has launched MegaSwap, a new feature that makes it possible to trade or exchange your digital assets for more than 10,000 cryptocurrencies in a DeFi environment. With a MegaSwap account, users can access trading across eight major chains and 10 major DEXs without ever leaving the Bitget platform. The feature unites the freedom and versatility of DeFi with the security and convenience of CeFi, so users enjoy the best of both worlds.
While CEX users enjoy secure trading experiences with diverse products and services, DEXs are quickly gaining traction among investors looking for more diversified tokens. However, trading DEXs 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 DEXs. In light of this, MegaSwap is designed to satisfy users’ trading demand with convenience and security, while enjoying a wide variety of assets and high liquidity, allowing users to integrate a centralized trading experience into DeFi markets.
Users just need to activate their MegaSwap account with a few clicks to unlock the functionality of trading over 10,000 cryptocurrencies across 10 leading DEXs such as Uniswap, Pancake, Curve, Sushiswap and many more. With a wide variety of DEXs, MegaSwap is equipped with the best liquidity pool options around. The feature currently offers operations on eight different chains, including ETH, BSC, Polygon, OP, Fantom, Klay, HECO, and OEC. With the help of MegaSwap, users can effortlessly perform cross-chain exchanges directly 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 normal DeFi trading, where traders need to set up various tokens of the blockchain to pay the gas fees incurred in transactions, MegaSwap automatically transfers the gas fees from the stablecoin balances in users’ accounts, so that users can trade with minimal effort.
Gracie Chen, Managing Director of Bitget, said, “MegaSwap is an important step taken by Bitget to develop a complete, secure, dynamic and robust trading experience to reach critical mass. In the face of recent volatility and uncertainty in the markets, we have seen users and investors crave to protect assets without sacrificing convenience and performance. MegaSwap is the right plug-in solution, allowing users to take advantage of DEX and the increased protections covered by Bitget We value offering users a variety of options and liquidity while pairing it with the highest standards of security and risk management, including hot and cold wallet segregation, multi-signature wallet, and trust security architecture Zero Zero and much more to protect user assets.”
Adds Grassi: “DeFi has become a critical component of the ever-evolving crypto space and plays an important role in enriching the asset range and diversifying the cryptocurrency ecosystem with CeFi. Our goal is to be the gateway that seamlessly connects CeFi and DeFi with MegaSwap while actively listening to our community and users to meet changing market needs and stay abreast of market trends.”
About Bitget
Founded in 2018, Bitget is one of the largest cryptocurrency exchanges in the world, with innovative products and social trading services as its core capabilities. It currently serves more than 8 million users in more than 100 countries around the world. The broker offers complete and secure trading solutions to users and aims to increase cryptocurrency adoption by collaborating with trusted partners including Argentinian soccer champion Lionel Messi, Italian soccer team Juventus, official esports event organizer PGL, and leading esports team Team Spirit.
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