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CoinLucid > Blog > All News > DeFi > BitGet releases a DEX Aggregator After the Hack of its Wallet
All NewsDeFi

BitGet releases a DEX Aggregator After the Hack of its Wallet

Ed Miles
Last updated: 2022/12/26 at 1:41 PM
By Ed Miles 5 Min Read
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Bitget, an exchange serving 8 million users in over 100 countries, recently released a DEX Aggregator in response to the hack of its wallet. The exchange promises to provide its users with a secure and comprehensive trading solution.

Bitget, the global leader in cryptocurrency exchange, has announced the launch of “MegaSwap”, a new feature on its platform that enables users to trade or exchange their digital assets for more than 10,000 cryptocurrencies in a DeFi environment. With MegaSwap, users are able to access trades through eight different channels and 10 prominent DEXs without leaving the Bitget platform. This feature allows users to enjoy the best of both worlds – the freedom and variety of DeFi and the security and convenience of CeFi – all in one place.

#Bitget MegaSwap is officially LIVE! 🔥#MegaSwap is currently the most powerful #DEX aggregator, combining the strengths of #DeFi and #CeFi. It supports one-click swap for thousands of on-chain tokens.

Try MegaSwap now to share 20,000 USDT rewards!
👉 https://t.co/Y6e5NQiqRE

— Bitget (@bitgetglobal) December 26, 2022

MegaSwap is an exciting new way to trade digital assets, combining the security of a centralized exchange (CEX) with the variety of a decentralized exchange (DEX). This platform is perfect for those investors who want to access a wide variety of tokens quickly, but still be protected with the safety of a CEX. MegaSwap bridges the knowledge barrier and lack of protection with assets stored on DeFi wallets, allowing users to enjoy the convenience and security of CEX trading in DeFi markets. With high liquidity and a diverse range of assets, MegaSwap is the perfect platform for investors who want the best of both worlds.

BitGet users can unlock the powerful trading feature of MegaSwap with just a few clicks. MegaSwap provides access to over 10,000 cryptocurrencies on 10 major decentralized exchanges (DEXs), such as Uniswap, Pancake, Curve, Sushiswap, etc. Along with various liquidity pools, MegaSwap also supports transactions on eight different chains, including ETH, BSC, Polygon, OP, Fantom, Klay, HECO, and OEC. With MegaSwap, users can easily perform cross-chain swaps in one single place without any hassle.

MegaSwap has made trading easier by streamlining the payment of gas fees. Instead of needing to prepare different on-chain native tokens to pay gas fees, MegaSwap automatically converts gas fees from the user’s stablecoin balance within the account. This makes trading on MegaSwap much more convenient, as it eliminates the need for users to manually track and manage their gas fees. This feature combines the advantages of both CEX and DEX, making it easy for users to make trades with minimal effort.

MegaSwap is an important step taken by Bitget in building a safe, dynamic and robust unique trading experience to reach critical mass. In the face of the fluctuations and uncertainty in recent trading markets, we observe that users and investors yearn for asset protection without sacrificing convenience and performance. And MegaSwap provides the right solution to connect the dots, allowing users to enjoy the benefits of DEX and the strong protection covered by the Bitget platform. We value providing users with a variety of options and liquidity, and at the same time, we partner with our best-in-class security measures and risk management, including the separation of hot and cold wallets, the multi-signature wallet, Zero Trust security architecture and more to protect user assets.

Gracy Chen, Managing Director of Bitget

More about BitGet

Bitget is a world-leading cryptocurrency exchange founded in 2018, providing services to over 8 million users in over 100 countries worldwide, with innovative products and social trading services as its core features. BitGet is a next-generation cryptocurrency exchange that offers a secure and easy-to-use platform for trading digital assets. It is a global, multi-asset, multi-currency exchange that supports a wide range of coins, tokens, and digital currencies. The exchange offers a wide range of features, including advanced order types, real-time price tracking, and margin trading. It also provides an API for developers and a mobile app for users on the go. With its advanced security protocols, BitGet ensures the safety of its users’ funds and data. In addition to its secure trading platform, BitGet also offers a wide range of educational resources and customer support. With its simple and intuitive user interface, BitGet is a great choice for those looking to buy, sell, or trade digital assets.

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TAGGED: BitGet, DEX, Gracy Chen, Megaswap
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