Bitget Launches Multi-Chain EVM-Compatible Addresses Feature

Bitget Launches Multi-Chain EVM-Compatible Addresses Feature

Crypto exchange Bitget announced that it has now become the first exchange to support EVM-compatible addresses, freeing users from blockchain bridge hassles and profile cloning. Users can now trade and store assets with one EVM-Compatible Address through multiple chains on the Bitget platform.

The new EVM-compatible address feature is launched following Bitget's recent announcement of passwordless withdrawals. The combination of the two new features aims to provide Bitget users fast and unrestricted cross-chain trading. By leveraging the Layer2 environment of the Ethereum network, Bitget has essentially connected Ethereum, Polygon, BSC, Arbitrum One, Optimism, and other chains into a single domain for its users.

On the launch of EVM-compatible addresses, Gracy Chen, Managing Director of Bitget, commented, "the blockchain space is extremely crowded and navigating its many technical aspects is a serious impediment for new entrants. Our goal is to drastically cut down the time and effort users need for basic operations. By enabling passwordless withdrawals and EVM address functionality, Bitget is dramatically simplifying the trading experience for users."

Profile hopping and duplication of actions across platforms located on different chains is not only time-consuming, but also expensive, given that asset transfers across chains incur fees. By relying on a unified EVM-compatible address, users will have direct and commission-free asset migration abilities on Bitget.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Exchanges

In This Article

Related News
Crypto exchange BingX faces an estimated $43 million security exploit: PeckShield Crypto exchange BingX faces an estimated $43 million security exploit: PeckShield
Indonesian exchange Indodax faces $20 million loss from apparent exploit Indonesian exchange Indodax faces $20 million loss from apparent exploit
WazirX restores balances post-hack, withdrawal timeline unclear WazirX restores balances post-hack, withdrawal timeline unclear
Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl
Gate.io to wind down services for customers in Japan Gate.io to wind down services for customers in Japan
Latest News More More
11 Hours Ago ZetaChain resumes block production after a six-hour outage
11 Hours Ago Coinbase shares drop 15% after weaker-than-expected earnings report
1 Day Ago Coinbase pledges $25 million to Fairshake PAC for pro-crypto candidates in 2026 midterms
1 Day Ago MicroStrategy announces plan to raise $42 billion to buy more bitcoin
2 Days Ago Filecoin's largest protocol Glif set to airdrop 100 million tokens
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open