Crypto exchange Bitget has rolled out a fresh decentralized finance feature called MegaSwap to enable investors to transact with over 10,000 crypto assets in the DeFi environment.
According to the company, MegaSwap seeks to bring DeFi’s features to centralized finance (CeFi) products and the environment’s security. Through MegaSwap, the platform’s users are enabled access to 10 leading DEXs (decentralized exchanges), which include Curve, Uniswap, and Pancake, and sought-after blockchains such as BSC, Polygon, and Ethereum, without having to leave Bitget’s ecosystem.
According to Bitget’s Managing Director, MegaSwap is the company’s next big step in its mission to build a one-stop trading exploit to gain critical mass. Due to recent trading markets’ experiencing uncertainty and fluctuation, Bitget notices investors and users desire the security of assets without sacrificing performance or convenience. MegaSwap supplies the most suitable solution for users to benefit from the advantages of decentralized exchanges and the improved protection secured by Bitget’s platform, the company official states. There is a known knowledge barricade to preventing people to enter the DeFi environment which translates into crypto users not being able to benefit from DeFi’s capabilities. Bitget expects that MegaSwap will be a solution to this issue and enable access via a centralized exchange to an extended span of digital assets provided by DeFi.