Crypto exchange Bitget has integrated a decentralized finance (DeFi) aggregator into its crypto exchange application, allowing users to swap their tokens and access DeFi services through its Web3 Wallet.
According to Bitget, the effort aims to provide users with options for trading their crypto assets in the exchange. The app will also gradually include other services, including a non-custody wallet, an NFT marketplace, and decentralized application (DApp), according to Gracy Chen, the managing director of Bitget.
In addition, Chen also told Cointelegraph that most currencies listed in their exchange will be available in the wallet for DeFi trading. According to Chen, the swap feature aggregates liquidity from ten decentralized exchanges (DEXs), including Uniswap, PancakeSwap and Curve Finance. Chen explained:
“At the core of the recent integration is our Web3 Wallet, which facilitates the secure storage, management, and control of their digital assets. Alongside the wallet, we’ve launched a Swap service, which is an advanced DeFi aggregator.”
Bitget also highlighted in a recent announcement that the new integration is part of a broader move to expand its business into the wallet sector. According to Bitget, it allows the company to offer asset…