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Bitget Launches DEX Aggregator MegaSwap

Key Points:

Bitget announced the launch of its DEX aggregator called MegaSwap, which is designed to combine the strengths of DeFi and CeFi.
MegaSwap feature requires a certain amount of coins within the user’s account before they can buy and sell.
MegaSwap supports eight blockchains, including Ethereum, BNB Chain, Polygon, Optimism, Fantom, Klaytn, OEC and HECO. Cross-chain swapping is available across six of the eight (excluding Klaytn and Optimism). In addition, MegaSwap has aggregated over ten DEXes, such as Uniswap, Curve and SushiSwap.

MegaSwap, a DEX aggregator by cryptocurrency exchange Bitget that aims to combine the benefits of DeFi and CeFi, has just gone live.

MegaSwap offers an alternate, DeFi option for buying and selling cryptocurrencies. Bitget support over 10,000 different coins, and users can begin trading with just a few clicks instead of going through the hassle of placing buy and sell orders on trading interfaces.

Best of all, Bitget automatically converts your gas fees for users from their stablecoin balance in the account, allowing users to trade hassle-free.

Just like spot trading, MegaSwap feature requires a certain amount of coins within the user’s account before they can buy and sell. For example, if they wish to purchase 10 BGB with USDT and the price per BGB is currently at 10,000 USDT. Naturally, they must have 100,000 USDT in the MegaSwap account to place an order and execute the trade. If your MegaSwap account balance is too low, users may transfer funds over from the Spot account.

MegaSwap allows aggregates of several leading DEX to provide optimal liquidity and the best exchange platform for users. The custodian wallet also allows users to invest in digital assets without extensive technical knowledge.

Eight blockchains, including Ethereum, BNB Chain, Polygon, Optimism, Fantom, Klaytn, OEC, and HECO are supported by MegaSwap. Across six of the eight chains, cross-chain swapping is possible (excluding Klaytn and Optimism). MegaSwap has combined over ten DEXes, including Uniswap, Curve, and SushiSwap.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.