Bitget Launches On-chain Trading with GENZ Token
- Bitget launches on-chain trading featuring GENZ token.
- Led by CEO Gracy Chen, focusing on Web3 access.
- Expected rise in trading efficiency using AI screening.
Bitget’s new on-chain trading initiative is vital as it bridges centralized and decentralized exchanges, enhancing trading options and efficiency through AI screening. Market reactions are under watch as Bitget merges these trading avenues.
Bitget, a leader in cryptocurrency exchange services, has launched its on-chain trading platform featuring the GENZ token. CEO Gracy Chen highlights the exchange’s expansion into decentralized finance by bridging the gap between CEX and DEX trading platforms.
“Bitget Onchain will bridge the gap between centralized and decentralized trading, making web3 more accessible to all” — Gracy Chen, CEO, Bitget.
Bitget’s launch offers initial support for Solana, BNB Smart Chain, and Base chains integrating up to 30 tokens including RFC and KTA. Trading is facilitated through the Bitget app, allowing transactions via USDT and USDC accounts.
The launch has significant implications for the cryptocurrency market, potentially boosting Bitget’s liquidity and user base. This move enhances access to decentralized trading, drawing attention from traders globally.
Bitget’s strategy is aimed at redefining trading by employing AI-driven token screening techniques. These methods aim to enhance security and trading efficiency. This launch signals a key turning point in how exchanges adapt to the decentralized industry.
Analysts speculate on potential impacts on trading volumes and liquidity given Bitget’s strong Q1 2025 financial health. Past trends suggest an increase in early-stage token discovery and liquidity spanning CEX and DEX platforms.
