Bitget Exchange Officially Launches Coin-to-Coin 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 global leading cryptocurrency exchange and Web3 company, announced the launch of a new trading product called Coin-to-Coin P2P, which allows users to gain access to tokens that have not yet been listed on mainstream centralized exchanges. Bitget is the first mainstream centralized exchange to launch a Coin-to-Coin 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 Bitget’s wallet or other platforms can transfer their assets to Bitget and trade on the Coin-to-Coin P2P trading market.
Bitget stated that the new product will continue to grow 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 aim to promote promising decentralized services and their availability and adoption on the blockchain.
Gracy Chen, the CEO of Bitget, said, “Through this product, users who are interested in tokens in the early stages but have promising prospects will have more efficient interaction and trading. Coin-to-Coin P2P essentially brings these tokens to public centralized exchanges, away from improper and suspicious P2P platforms.”
Compared to the BRC-20 token trading provided by decentralized markets, Bitget’s Coin-to-Coin P2P trading has significant competitive advantages in terms of higher availability and flexibility. Specifically, the platform allows users to divide their BRC-20 holdings into multiple sell orders and completes transactions faster, 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 Coin-to-Coin P2P market being the first of many 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 global leading cryptocurrency exchange and Web3 company, currently serving over 20 million users in more than 100 countries worldwide. It is dedicated to helping users trade more intelligently through its pioneering copy-trading function and other trading solutions.
Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain cryptocurrency wallet that offers a comprehensive range of Web3 solutions and features, including wallet functions, exchanges, NFT markets, DApp browsers, and more. Bitget encourages the adoption of cryptocurrencies through partnerships with Argentine football legend Messi and official esports organization PGL.
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