Bitget, a cryptocurrency exchange based in the Seychelles, has introduced the “MegaSwap” feature on its platform, allowing users to exchange their digital assets for more than 10,000 cryptocurrencies in a DeFi setting.
Users with a MegaSwap account can trade across eight influential chains and ten important DEXs while remaining on Bitget’s platform. The feature combines the flexibility and variety of DeFi with the simplicity and security of CeFi.
Users can trade more than 10,000 cryptocurrencies on 10 of the top DEXs, including Uniswap, Pancake, Curve, Sushiswap, and more, by just activating their MegaSwap accounts. MegaSwap is believed to provide the best possibilities for liquidity pools thanks to the range of DEXs. Transactions on ETH, BSC, Polygon, OP, Fantom, Klay, HECO, and OEC are now supported by the functionality.
Even the payment of gas fees is made easier, which further improves the trade experience. For consumers to trade with the least amount of effort, MegaSwap automatically converts gas fees from stablecoin balances in their wallets. This is in contrast to standard DeFi trading, where traders must prepare various chain-native tokens to pay for the gas fees incurred from the transactions.
Gracy Chen, Managing Director of Bitget, said, “MegaSwap is an important step taken by Bitget in building a safe, dynamic, and robust one-stop trading experience to reach the critical mass. Facing fluctuation and uncertainty in recent trading markets, we observe that users and investors long for the protection of assets without sacrificing convenience and performance. And MegaSwap provides the right solution to connect the dots, which enables users to enjoy the upsides of DEX and the heightened protection covered by Bitget’s platform.”
“We value offering users a variety of options and liquidity, and at the same time, pair with our top-notch security measures and risk management, including hot and cold wallet separation, multi-signature wallet, Zero Trust security architecture, and a lot more to protect users’ assets.”