The Bitget Wallet – a leading Web3 trading app from crypto exchange Bitget has announced a new ambitious plan for supporting the Bitcoin ecosystem. The plan is intended to provide investments for promising technologies on the basis of the Bitcoin network and drive their adoption for advancing Bitcoin’s role as Web3 powerhouse.
The program also entails extensive research and investment initiatives for supporting the development of such Bitcoin network solutions as Taproot, BRC-20 and ARC-20 assets, Nostr, and the Lightning Network. The ultimate aim is to underscore the importance of Bitcoin and its innovative technologies as important elements of the Web3 economy and provide users with an enhanced trading and asset management experience.
“As the Bitcoin ecosystem continues to grow, we aim to emerge as a key player, introducing stronger and more seamless ways for users to manage and grow their assets on the Bitcoin ecosystem,” commented Alvin Kan, Chief Operating Officer of Bitget Wallet.
The Bitget Wallet provides a wide range of services catering to the Bitcoin ecosystem at present, including BRC-20 and NFT transfers, asset management, cross-chain swaps, and many others. The native Bitget Swap option grants Taproot compatibility, while the Bitget Wallet Dapp browser is seamlessly integrated into the Bitcoin network for ease of transfers and instant access to EOA and MPC wallets.
Future plans for the medium and long terms include the introduction of cross-chain transfers between BTC and EVM assets via the Lightning Network, facilitated by the Bitget Wallet’s swap service. Such an enrichment of features is intended to enhance the trading experience and drive users to adopt the Bitcoin ecosystem as a go-to solution for all their Web3 and financial needs.
The Bitget Wallet is at the forefront of technological innovation and adoption, as illustrated by the many partnerships it has established with such projects as Unisat, ALEX Lab, and others in recent months. The availability of DeFi options and cross-chain functionality are the highlights of the service, along with its ability to act as a Web3 access point
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