Blockchain
In a groundbreaking move, Bitget, the renowned crypto derivatives and copy trading platform, has made history by becoming the first cryptocurrency exchange to introduce support for an EVM-compatible address.
This feature is set to transform the trading experience for Bitget users, allowing them to use a single address across multiple blockchains. With the ability to trade and store assets using a single EVM-compatible address across multiple chains on the Bitget platform, users can now enjoy greater convenience and efficiency in their crypto transactions.
Embrace the power of EVM-compatible address
The launch of the EVM address support on Bitget marks an important milestone in the crypto industry. This innovative feature integrates several blockchain networks including Ethereum, Polygon, Binance Smart Chain, Arbitrum One, Optimism and others within the Ethereum layer 2 ecosystems.
By including an EVM address in their Bitget accounts during transactions, users can withdraw funds directly to the EVM address, eliminating the need for intermediate steps such as bridges and platform hopping.
Gracy Chen, the general manager of Bitget, emphasized simplifying the user experience in the complex blockchain space. Chen stated, “The blockchain space is extremely crowded and navigating the many technical aspects is a serious drag for newcomers. Our goal is to dramatically reduce the time and effort required by users for basic operations.
Chen added, “‘The EVM address function is one such option that removes associated challenges.” Notably, the launch of this latest feature follows Bitget’s introduction of passwordless withdrawals and EVM address functionality, which exemplifies the exchange’s commitment to streamlining crypto trading for its users.
These advancements align with Bitget’s core mission to inspire individuals to embrace cryptocurrencies by providing them with simple yet powerful tools.
Bitget’s implementation of multi-chain EVM-compatible address support opens up a world of possibilities for crypto enthusiasts. Users can now seamlessly interact with different blockchains and access a wide variety of decentralized applications (DApps) and DeFi protocols across different networks while enjoying the convenience of a unified address.
By eliminating the need for multiple addresses and complicated cross-chain transfers, Bitget aims to lower barriers to entry and make crypto trading more accessible to newcomers.
Moreover, with Bitget leading the way in supporting the EVM-compatible address, it sets a precedent for other crypto exchanges to follow suit. As the crypto industry continues to evolve, innovations like these are driving the adoption of blockchain technology and contributing to the seamless integration of various networks.
Bitget’s pioneering efforts in developing user-centric features is testament to the company’s commitment to pushing boundaries and providing advanced solutions to its users.
