Popular crypto derivatives exchange, Bitget has launched its MegaSwap offering. The protocol announced the development in its Monday Twitter post. According to the announcement, the MegaSwap offering is currently the industry’s most powerful DEX aggregator, thereby combining the strengths of DeFi and CeFi.
Bitget said MegaSwap manifested to support one-click swap for thousands of on-chain tokens, maximizing wealth generation for blockchain users. Occasioned by the launching of this offering, users can now convert tokens seamlessly with one click.
Additionally, Bitget says MegaSwap supports over 10,000 tokens. More so, the crypto derivatives exchange said the offering usually aggregates several leading DEX to provide optimal liquidity and the best exchange platform for users. It also avails users with ultra-secure experience, providing them with real-time on-chain data updates.
Bitget launches trading competition to celebrate MegaSwap launching
Notably, Bitget also announced its plan to celebrate the launch of its MegaSwap for its community. According to the exchange, it will host a MegaSwap Trading Competition with a trading bonus prize pool valued at 20,000 USDT. Worth noting that the event is expected to start today and end on the first day of January, 2023. However, Bitget maintained that MegaSwap event is only available to users in specific regions. But, the users in these regions, as reported, must have registered on the event page and completed KYC authentication before the end of the event to become eligible for rewards.
It further that the rewards for the competition equals 20,000 USDT in trading bonuses. These bonuses, according to the announcement, will be distributed within 10 working days after the end of the events. More so, Bitget maintained that any user who participate in multiple events of the same type will receive rewards from just one of the events. However, it prohibits participants from profiting from malicious acts. Some of these malicious acts include using multiple accounts or other fraudulent behavior. The exchange threatened to disqualify any users who engage in any of such illicit acts.
Despite the bear market, Bitget has been unrelenting in expanding its base and improving its offerings. Barely a few months ago, the exchange partnered Bitkeep, a decentralized multi-chain crypto wallet to foster its future dApps. Similarly, Bitget also announced its registration in Seychelles to aid global expansion. As reported, the new registration manifested in line with the 2016 international business companies act of Seychelles. As of press time, it has secured numerous hubs in strategic markets, particularly in Asia. Bitget aims to strengthen its global presence by establishing more regional hubs in Europe and Africa.