victoria, seychelles, January 16, 2024 /PRNewswire/ — biget, the world's leading cryptocurrency exchange and Web3 company, announced the launch of a new trading product called Spot P2P Market. This measure gives users early access to tokens that are not listed on major centralized exchanges.
Bitget was the first major centralized exchange to launch a spot P2P market, featuring three tokens: the DeFi project ORCA, and the BRC-20 token. BTCSDepin project Dimo, supported in early versions. A user who mints his BRC-20 tokens via Bitget Wallet or other platforms can transfer the assets to his Bitget for subsequent trading in the spot P2P market.
Bitget also said that the new product will grow to support more tokens in the future. Such measures are aimed at providing the necessary support to potential projects that do not meet the listing requirements of a centralized exchange, but are of interest to market users. This step is in line with Bitget's core values, which aim to accelerate the availability and adoption of promising decentralized services and their value carriers on blockchain.
“This is essentially a product that aims to facilitate interaction and trading between users interested in early-stage but promising tokens. Spot P2P markets are essentially It will take them out of shady territory on centralized exchanges” platforms, dubious P2P, and other unreliable means. ” as Gracie ChenBitget's Managing Director commented on the release.
One of the most important competitive advantages of Bitget's Spot P2P Market is its high ease of use and flexibility, as opposed to BRC-20 token trading offered by decentralized markets. Specifically, the platform allows a user to split his BRC-20 nameplate into multiple sell orders, allowing for faster trading, all done within a centralized exchange.
Bitget exchange announced that it will release many innovative products in 2023 and maintain the same level of traction in 2024. The spot P2P market is the first in a long line of upcoming launches. The exchange also intends to uphold its core values and promote the use of digital assets and the adoption of Web3.
Established in 2018, biget leading the world cryptocurrency exchange and three Web companies. Bitget Exchange serves more than 20 million users in more than 100 countries and regions and helps users trade smarter with pioneering copy trading features and other trading solutions. We are committed to helping you do so. Formerly known as BitKeep biget wallet is a world-class multi-chain crypto wallet that offers a comprehensive set of Web3 solutions and features, including wallet functionality, swaps, NFT marketplaces, DApp browsers, and more. Bitget inspires individuals to embrace cryptocurrencies through collaboration with trusted partners including legendary Argentine soccer player lionel messi PGL, the official esports event organizer.
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