Bitget Exchange announced the integration of web3 wallets, which shows the potential trend of exchanges adapting to decentralized services.
Bitget exchange has public It integrates web3 wallet services and plans to further integrate decentralized exchanges, exchange services, NFTs and DApps. The move is part of an emerging trend among exchanges, with Binance also rumored to be integrating a web3 wallet into its app.
The origins of this integration can be traced to BitKeep, which has been working to lower the barriers to entry in the blockchain space since 2018. The DeFi craze of 2021 and the subsequent rise of NFTs has promoted the development of platforms such as BitKeep, which is consistent with the decentralized ethos of the broader Bitcoin community.
BitKeep introduced the concept of “wallet exchange” after changing its name to Bitget Wallet, which marked an important step in expanding its service scope. This WEX initiative, led by Bitget Swap, is part of Bitget’s vision to provide a unified ecosystem that facilitates direct access to various web3 features without the need to switch platforms.
Bitget Wallet’s DEX aggregation promises users the best trading prices by pooling liquidity from more than 100 decentralized exchanges, coupled with the appeal of gas-free trading – a step toward simplifying cross-chain trading. Bitget emphasizes user security, and the alliance has provided a user protection fund of US$300 million.