Merging CeFi security and convenience with the DeFi trading environment
VICTORIA, Seychelles, December 26, 2022 /PRNewswire/ — World leaders cryptocurrency Exchange launches Bitget “MegaSwap”, a new feature on its platform that allows users of the platform to trade or swap their digital assets for over 10,000 cryptocurrencies in a DeFi environment. With a MegaSwap account, users can gain access to trade across eight influential chains and 10 major DEXs while staying on Bitget’s platform. The feature combines the freedom and diversity 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 across diversified products and services, DEXs are also gaining traction among investors looking to quickly obtain a greater variety of tokens. However, trading DEXs is not for everyone. Due to the knowledge barrier and lack of protection of assets stored on DeFi wallets, many users are discouraged from engaging with DEXs. With this in mind, MegaSwap was designed to satisfy users’ demand for convenient and secure trading while enjoying a variety of assets and high liquidity, allowing users to integrate a centralized trading experience into DeFi marketplaces.
Users just need to activate MegaSwap account with few clicks to unlock the ability to trade 10,000+ cryptocurrencies on 10 leading DEXs like Uniswap, Pancake, Curve, Sushiswap and more. Thanks to the variety of DEXs, MegaSwap is equipped with the best liquidity pool options on the market. 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 complete cross-chain swaps in one place with ease and hassle-free.
Aside from combining the benefits of CEX and DEX, MegaSwap smoothes the trading experience even further by streamlining the payment of gas fees. Compared to normal DeFi trading, where traders need to prepare various chain-native tokens to pay for the gas fees generated by the transactions, MegaSwap automatically converts the gas fees stablecoins Funds in users’ accounts, allowing users to trade with minimal effort.
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Grace ChenManaging Director of Bitget, says: “MegaSwap is an important step by Bitget in building a secure, dynamic and robust one-stop trading experience to achieve critical mass. With volatility and uncertainty in recent trading markets, we are observing that users and investors crave asset protection without sacrificing convenience and performance. And MegaSwap provides the right solution to connect the dots, allowing users to enjoy the benefits of DEX and the increased protection covered by Bitget’s platform. We prioritize offering users a variety of options and liquidity while using our best-in-class security measures and risk management including hot and cold wallet segregation, multi-signature wallet, zero trust security architecture and more to ensure that protect user assets.
Adds Gracy, “DeFi has become a crucial element of this ever-evolving development crypto Space and also plays a role in wealth diversity enrichment and diversification crypto Ecosystem with CeFi. Our goal is to be the portal that seamlessly connects CeFi and DeFi to MegaSwap as we actively listen to our community and users to address changing market needs and keep us abreast of market trends.”
About please
Founded in 2018, Bitget is the world’s leading cryptocurrency exchange with innovative products and social trading services as its key features, currently serving over 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 crypto adoption through collaborations with credible partners including the legendary Argentine footballer Lionel Messithe leading Italian football club Juventus, and the official organizer of eSports events PGL.
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SOURCE Bitget
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