Swap

Bitcoin

Read

Bitget Exchange announces the integration of a web3 wallet, indicating a potential trend as exchanges adapt to decentralized services.
Bitget Exchange has <a href="https://web3.bitget.com/en" data-type="link" data-id="https://web3.bitget.com/en" target="_blank" rel="noopener noreferrer nofollow">publicized</a> its integration of web3 wallet services, with plans to further incorporate decentralized exchanges, Swap services, <a href="https://nft.news/?utm_source=crypto.news&amp;utm_medium=referral" data-type="link" data-id="https://nft.news/?utm_source=crypto.news&amp;utm_medium=referral" rel="noopener noreferrer nofollow">NFTs</a> and <a href="https://crypto.news/glossary/decentralized-applications-dapps/" data-type="link" data-id="https://crypto.news/glossary/decentralized-applications-dapps/" rel="noopener noreferrer nofollow">DApps</a>. This move is part of a burgeoning trend among exchanges, with Binance also rumored to be integrating web3 wallets into its app.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 🌐 Introducing <a href="https://twitter.com/hashtag/Bitget?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitget</a> new <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Web3</a> feature – your gateway to the best of <a href="https://twitter.com/hashtag/CeFi?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#CeFi</a> and <a href="https://twitter.com/hashtag/DeFi?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#DeFi</a>! 🔐 Securely manage your <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#crypto</a> with Bitget Web3 Wallet and enjoy DeFi services, all in one app. ✅ Swap, NFTs, DApps, and more – it's all at your fingertips! Read more 👇— Bitget (@bitgetglobal) <a href="https://twitter.com/bitgetglobal/status/1721890253118541926?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 7, 2023</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
The genesis of such integrations can be traced back to BitKeep, which since 2018 have endeavored to lower the entry barriers into the blockchain space. The defi boom in 2021 and the subsequent rise of NFTs catalyzed the growth of platforms like BitKeep, aligning with the broader Bitcoin community’s ethos of decentralization.
You might also like: <a href="https://crypto.news/bitget-has-a-proof-of-reserves-ratio-of-199/" rel="noopener noreferrer nofollow"> Bitget has a proof-of-reserves ratio of 199% </a>
Marking a significant step in the expansion of its service offerings, BitKeep, after its rebranding to Bitget Wallet, has introduced a ‘wallet exchange’ concept. This WEX initiative, headlined by <a href="https://crypto.news/bitget-wallet-strengthens-mev-protection-with-flashbots-integration-enhances-on-chain-swap-experience/" data-type="link" data-id="https://crypto.news/bitget-wallet-strengthens-mev-protection-with-flashbots-integration-enhances-on-chain-swap-experience/" rel="noopener noreferrer nofollow">Bitget Swap</a>, is part of Bitget’s vision of providing a consolidated ecosystem that facilitates direct access to various web3 functionalities without necessitating platform switches.
Bitget Wallet’s DEX aggregation promises users optimal trading prices by pooling liquidity from over 100 decentralized exchanges, coupled with the appeal of gas-free transactions—a move towards streamlining cross-chain transactions. Emphasizing user security, Bitget supports this union with a $300 million user protection fund.
Read more: <a href="https://crypto.news/bitget-raises-30m-aimed-at-improving-bitkeep-multichain-wallet/" rel="noopener noreferrer nofollow"> Bitget raises $30m aimed at improving BitKeep multichain wallet </a>

Bitget exchange expands integration with web3 wallet services

crypto.news

Other articles published on Nov 7, 2023

Bitcoin Network Stops for About 1 Hour: What Happened?

Investment Giant WisdomTree Adds Bitcoin to Commodity ETF: Here Are the Details!

What Binance 12th proof of reserve report tells us

Binance Lists $ORDI today, Currently Up 47%

Broker Complaint Alert (BCA) Marks 3 Years of Successful Crypto Scam Recovery, Bringing Hope to V...

Spot ETFs Alone Won’t Cut It: The Macroenvironment’s Role In Bitcoin’s Rally

Join our free newsletter for daily crypto updates!