Bitget Exchange Officially Launches Spot P2P Trading Market. This product aims to provide assistance to potential projects that do not meet the listing requirements of centralized exchanges but are of interest to market users.
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Bitget, a leading global cryptocurrency exchange and Web3 company, announced the launch of a new trading product, Spot P2P, which allows users to access tokens that have not yet been listed on mainstream centralized exchanges.
Bitget is the first mainstream centralized exchange to launch a Spot P2P trading market, initially supporting three tokens ── DeFi project ORCA, BRC-20 token BTCS, and Depin project DIMO. Users who have minted BRC-20 tokens through the Bitget wallet or other platforms can transfer their assets to Bitget and trade on the Spot P2P trading market.
Bitget stated that the new product will continue to expand and support more tokens in the future. This product aims to provide assistance to potential projects that do not meet the listing requirements of centralized exchanges but are of interest to market users. This initiative aligns with Bitget’s core values, which are to promote promising decentralized services and their availability and adoption on the blockchain.
Gracy Chen, CEO of Bitget, said, “Through this product, users who are interested in tokens in the early stages but have good prospects will have more efficient interaction and trading. Spot P2P essentially brings these tokens to public centralized exchanges, moving away from improper and suspicious P2P platforms.”
Compared to trading BRC-20 tokens offered by decentralized market providers, Bitget’s Spot P2P stands out with its higher availability and flexibility. Specifically, the platform allows users to divide their BRC-20 holdings into multiple sell orders and facilitate faster transactions, all within centralized exchanges.
Bitget has released many innovative products in 2023 and announced that it will maintain the same level of development in 2024, with the Spot P2P market being the first among the upcoming products. Bitget remains committed to its core values of promoting the use of digital assets and the popularization of Web3.
About Bitget
Established in 2018, Bitget is a world-leading cryptocurrency exchange and Web3 company, currently serving over 20 million users in more than 100 countries globally. It is dedicated to helping users trade more intelligently through its pioneering copy trading feature and other trading solutions.
The predecessor of Bitget Wallet is BitKeep, a world-class multi-chain cryptocurrency wallet that offers a comprehensive range of Web3 solutions and features, including wallet functionality, exchange, NFT marketplace, DApp browser, etc. Bitget encourages the adoption of cryptocurrencies through partnerships with Argentine football legend Lionel Messi and official esports event organizer PGL.
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