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Bitget Wallet Partners with 1inch to Boost Multichain DEX Trading

By admin On Oct 18, 2024

Bitget Wallet, a premier non-custodial Web3 service provider, has partnered with 1inch, a well-known DEX aggregator. This partnership is designed to improve the Bitget Wallet’s Swap function so that users can fully enjoy decentralized trading and benefit from an easy access to the best prices. 1inch, known for its advanced routing algorithms, will allow Bitget Wallet users to trade with minimal rates.

Enhanced Swap Features and Growing Adoption

In the third quarter of 2024, Bitget Wallet saw impressive growth, with Swap activity surging by 125%. Besides, dApp activities increased by 128%, and token transfers jumped by 175%, reflecting the platform’s rising global adoption.

Africa led this growth with a remarkable 413% increase in user activity, while South Asia and the Middle East followed with 126% and 105%, respectively. Countries experiencing inflation and currency devaluation saw increased adoption of decentralized wallets, emphasizing the platform’s role in promoting financial inclusion.

1inch’s Integrates to Bitget Wallet: Future Prospects

1inch’s integration into Bitget Wallet allows users to connect directly to its platform, ensuring a smooth trading experience. Previously, Bitget Wallet had integrated 1inch to boost its Swap functionality, offering users real-time access to better pricing and liquidity.

The platform’s Swap feature aggregates hundreds of DEXs and cross-chain services across 50 blockchains, giving traders flexibility in token swaps, limit orders, and cross-chain transfers.

Bitget Wallet has expanded its user base to over 40 million and ranks second among the most popular crypto apps. In that regard, the platform claims to be a key DeFi player, having increased the number of users by 100% within six months.

The wallet’s deep integration with the TON ecosystem and expanding Swap feature has fueled this growth. Consequently, Bitget Wallet is set to further enhance its services, with upcoming initiatives promising more user value.

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