Bitget lists dual-sided bridge, MultiBit, to drive Bitcoin ecosystem development
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Victoria, Seychelles, Dec. 13, 2023, Chainwire
Bitget, a cryptocurrency exchange and web3 company, is listing MultiBit(MUBI).
MultiBit is a dual-sided bridge, crafted to facilitate cross-network transfers between BRC20 and ERC20 tokens. The platform enhances liquidity and cross-chain interoperability.
It also offers a secure and user-friendly solution for stakeholders as their primary mission revolves around elevating liquidity and accessibility for BRC and ERC tokens while maintaining robust security measures.
MultiBit simplifies the token transfer process between Bitcoin’s BRC20 and EVM networks. Commencing with the transfer of BRC20 tokens to a dedicated BRC20 address, users then witness these tokens being readied for minting on the EVM network.
MultiBit’s innovation is on its dual-sided bridge feature that allows smooth transfers from EVM networks back to the Bitcoin ecosystem.
Gracy Chen, managing director of Bitget, said:
“MultiBit emerges as a pivotal asset in its support of the evolving BTC ecosystem. At Bitget, we remain dedicated to advancing the web3 ecosystem, and we are glad to introduce MultiBit as part of this commitment. Our aim is not only to create a Spot Market offering an array of high-quality projects but to continue supporting the development of the web3 ecosystem.”
The addition of MultiBit to Bitget’s trading platform reflects its dedication to solutions that contribute crypto, ensuring that users have access to secure, efficient, and intelligent platforms for their financial needs.
About Bitget
Established in 2018, Bitget is a cryptocurrency exchange and web3 company. Serving over 20 million users in more than 100 countries and regions, the Bitget exchange is committed to helping users trade smarter with its copy trading feature and other trading solutions.
Formerly known as BitKeep, Bitget Wallet is a multi-chain crypto wallet that offers web3 solutions and features including wallet functionality, swap, NFT marketplace, dapp browser, and more.
Bitget inspires individuals to embrace crypto through collaborations with credible partners, including Argentinian footballer Lionel Messi and official eSports events organizer PGL.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
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