$100,000 to Find the Best On-Chain Trader: Bitget Wallet's Trading Mission and Innovation
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$100,000 to Find the Best On-Chain Trader: Bitget Wallet's Trading Mission and Innovation
During the event period from 18:00 on October 19 to 18:00 on November 18, users can download Bitget Wallet and visit the official competition website to register.
Navigating Web3 tides with focused insights
On October 16, the Web3 wallet Bitget Wallet (formerly BitKeep Wallet) announced the launch of its most significant event of the year—the NewDegen 2023 On-Chain Trading Challenge. On October 19, this global competition for Web3 enthusiasts officially kicked off, offering a prize pool of 100,000 USDT.
From 6:00 PM on October 19 to 6:00 PM on November 18, users can download Bitget Wallet and visit the official event website to register (Event Entry: Click here to register). By using Bitget Swap to trade, participants will compete in two categories—individual and team challenges—to showcase their on-chain trading skills, team popularity, and trading volume, competing for a share of the 100,000 USDT prize pool and limited-edition honor SBT badges.
Attracting NewDegens: Experiencing the Thrill of On-Chain Trading
This on-chain trading event centers around the theme "NewDegen." In the DeFi world, "Degen" refers to a group of passionate individuals who boldly experiment with new protocols and strategies, embracing high-risk, high-reward opportunities. With this initiative, Bitget Wallet aims to help both newcomers and seasoned DeFi veterans experience the excitement of decentralized finance and on-chain trading.
To many, crypto wallets are seen merely as tools for storing and managing digital assets or as gateways to interact with Web3 applications. Bitget Wallet presents a fresh perspective: focusing on asset trading and decentralized exchange (DEX), striving to become the best-in-class solution in this domain. The Bitget Wallet team believes that the core value of the industry lies primarily in asset issuance and trading—one of the biggest user demands—and represents an optimal entry point for platforms to capture value.
Looking ahead, as technology advances and user experience continues to improve, coupled with the maturation of the industry, decentralized trading is poised to become the mainstream choice. An increasing number of users are expected to migrate toward DEXs or integrated wallets. Bitget Wallet aims to provide users with a more convenient, all-in-one trading service.
As Asia’s largest and globally leading all-in-one Web3 multi-chain wallet, Bitget Wallet has positioned its transaction aggregation feature as a core business since its rebranding from BitKeep in August. Unlike traditional, vague definitions of Web3 gateways, Bitget Wallet continuously innovates and optimizes to deliver the most user-friendly trading wallet experience, ushering in a new era of wallet-based aggregated trading.
Bitget Swap: Continuous Innovation Centered Around “Trading”
As a leading trading wallet, Bitget Wallet continuously iterates and innovates its product to maximize the potential of its Swap functionality, enabling users to freely trade any asset across any public blockchain directly within the wallet.
Bitget Swap, the flagship product of Bitget Wallet, is a powerful multi-chain DEX aggregator supporting nearly 30 public chains. It aggregates liquidity from hundreds of major DEXs and cross-chain bridges. Its pioneering features such as gas-free trading and auto-slippage offer users price advantages and a seamless multi-chain trading experience. Intelligent market analysis further empowers users to make informed trading decisions. Beyond simple market orders, Bitget Swap also offers diverse trading modes like limit orders and provides a Quick Buy service for instant cryptocurrency purchases accessible to users worldwide.
Today, Bitget Wallet has surpassed 12 million global users. The innovation behind Bitget Swap is evident in several key areas:
Liquidity Aggregation: Liquidity is the lifeblood of any trading platform, and Bitget Wallet fully recognizes this. It has aggregated liquidity from hundreds of DEXs and cross-chain bridges across multiple chains. Through advanced algorithms, it delivers optimal pricing and broadest token coverage. Currently, Bitget Wallet supports nearly 100 Layer 1 and Layer 2 chains across six major ecosystems, covering over 250,000 tokens. The core philosophy of Bitget Wallet is simple: as long as two tokens have fundamental economic value—whether on the same chain or cross-chain, whether Layer 1 or Layer 2 assets—they should be seamlessly tradable.
K-Line Market Data: Bitget Wallet goes beyond basic trading functions by providing comprehensive market information services. Users can leverage K-line charts to inform their trading decisions rather than blindly selecting trades as often happens on traditional DEXs. As the world's first wallet to support on-chain asset K-line data, Bitget Wallet introduced Uniswap asset leaderboards during the DeFi Summer of 2020 and has since evolved into full-fledged token charting capabilities. Today, Bitget Wallet is enhancing its intelligent market analytics—such as real-time, smart rankings of top gainers and losers across all chains—while automatically filtering out risky tokens, delivering more comprehensive, timely, and accurate market insights to help users quickly identify promising and trending projects.
Gas-Free Trading Experience: Bitget Wallet was the first in the industry to introduce a gas-free trading experience, implementing this innovation on over ten blockchains including BNB Chain, Polygon, and TRON. This capability has even been extended to Ethereum Mainnet, where gas costs are typically high and volatile, significantly improving transaction convenience. Additionally, Bitget Wallet’s proprietary GASU subsidy system automatically offsets various gas fees incurred within the app.
Auto-Slippage: Auto-slippage is another industry-first innovation from Bitget Wallet. By factoring in both slippage tolerance and token burn rates, the system automatically sets the optimal slippage level required to complete a trade, simplifying the process, reducing friction, and accelerating trade execution.
MEV Protection: BitKeep Swap integrates Flashbots to enhance transaction privacy and security, protecting against malicious MEV (Maximal Extractable Value) attacks. Through Flashbots’ MEV-Share protocol, any MEV profits generated from trades are automatically returned to users—no action required.
In terms of product innovation, Bitget Swap has consistently remained at the forefront. Although UniswapX recently announced upcoming features such as DEX liquidity aggregation, gas-free trading, and MEV protection, Bitget Swap had already implemented these functionalities months—or even earlier—before their announcement.
According to CoinGecko, Bitget Wallet ranks seventh among the most popular crypto hot wallets globally. Data from DappRadar also shows that Bitget Wallet’s Swap consistently ranks among the top ten DeFi projects in terms of trading volume and active users, often matching or even surpassing MetaMask. In community feedback, Swap functionality is frequently cited as the most loved and widely used feature, praised for its smooth and intuitive user experience.
The Bitget Wallet team stated: “Bitget Swap has maintained a leading position but continues to evolve. Our original vision—and ongoing mission—is to aggregate fragmented liquidity from different DEXs and protocols, building a Swap that offers comprehensive token pairs, superior pricing, fast execution, rich features, and a clean, user-friendly UX.”
About Bitget Wallet
Bitget Wallet, formerly known as BitKeep Wallet, is Asia’s largest and a globally leading all-in-one Web3 multi-chain wallet. It offers users a comprehensive suite of on-chain products and DeFi services, including wallet management, Swap trading, NFT trading, and a DApp browser.
Over the past five years, Bitget Wallet has earned recognition and support from 12 million users worldwide and hundreds of leading industry projects, including Ethereum, BNB Chain, Arbitrum, and Polygon, thanks to its secure and user-friendly products and services.
In March 2023, the crypto derivatives exchange Bitget invested $30 million in BitKeep, becoming its controlling shareholder. In August, BitKeep officially rebranded to Bitget Wallet, launching a comprehensive upgrade of its products and services centered around “trading,” delivering an enhanced trading experience for users.
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