By Gloria Methri
today
- Africa
- Trading Assets
- Bitcoin
Seychelles-based cryptocurrency exchange Bitget has launched the “MegaSwap” feature on its platform, allowing users to 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.
Users just need to activate MegaSwap account to unlock the feature of trading 10,000+ cryptocurrencies on 10 leading DEXs like Uniswap, Pancake, Curve, Sushiswap and more. Strengthened by the diversity of DEXs, MegaSwap aims to come equipped with the best liquidity pool options. The feature currently supports transactions on ETH, BSC, Polygon, OP, Fantom, Klay, HECO and OEC.
It even smoothes the trading experience 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 gas fees from stablecoin balances in users’ accounts, allowing users to trade with minimal effort .
Gracy Chen, CEO of Bitget, said: “MegaSwap is an important step by Bitget in building a secure, dynamic and robust one-stop trading experience to achieve critical mass. With recent volatility and uncertainty in trading markets, we are seeing users and investors crave protection for their assets 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 of the Bitget platform.”
“We value offering users a variety of options and liquidity, while combining it with our best-in-class security measures and risk management, including hot and cold wallet separation, multi-signature wallets, zero-trust security architecture and much more to protect user assets.”
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