asksa leading cryptocurrency exchange best known for its copy trading capabilities, has announced the launch of MegaSwapa new feature of its platform that allows users to trade their digital assets in a decentralized manner.
With a MegaSwap account, users can access trading across 8 influential chains and 10 major DEX while staying on Bitget’s platform.
While users of centralized exchanges can enjoy secure trading across a wide range of products and services, DEXs are gaining ground among investors looking to quickly access a greater variety of tokens. However, trading DEXs is not for everyone.
Bitget’s new DeFi feature
Due to the knowledge barrier and lack of protection of the assets stored in it DeFi Wallets are discouraging many users from using decentralized exchanges.
To combine the best of both worlds, MegaSwap was created to meet the demand for convenient and safe trading while enjoying a variety of assets and high liquidity.
Users can activate their MegaSwap account with just a few clicks to unlock the trading feature of 10,000+ cryptocurrencies on 10 leading DEXs such as: Uniswap, pancake swapCurve, SushiSwap and others.
Due to the variety of DEXs, MegaSwap has the best options for liquidity pools. 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 make trades between chains effortlessly and easily in one place.
In addition to combining the benefits of CEXs and DEXs, MegaSwap also saves on gas fees.
Compared to normal DeFi trading, where traders need to prepare multiple chain-native tokens to pay for gas fees generated by transactions, MegaSwap automatically converts gas fees from stablecoin balances in users’ accounts, giving them easy trading.
Grace ChenBitget CEO said:
“MegaSwap is an important step by Bitget in building a safe, dynamic and robust one-stop trading experience to reach 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 offers the right solution to connect the dots, allowing users to enjoy the benefits of DEX and the increased protection of the Bitget platform. We prioritize offering users a variety of options and liquidity, while combining this with our best-in-class security measures and risk management, including hot and cold wallet segregation, multi-signature wallet, Zero Trust security architecture and more protect user assets.”
Grace added:
“DeFi has become a crucial element of this ever-evolving crypto space and also plays a role in enriching asset diversity and diversifying the 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 updated on market trends.”
More about Bitget
Bitget, an exchange founded in 2018, is one of the world’s leading cryptocurrency exchange platforms with innovative products and social trading services as its main features and currently serves more than 8 million users in more than 100 countries worldwide.
The exchange strives to provide users with a secure and simplified trading solution and aims to increase cryptocurrency adoption through collaborations with credible partners including legendary Argentine soccer player Lionel Messi, leading Italian soccer team Juventus, official organizer of eSports- Events PGL and leading eSports companies team spirit.
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