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Web3 Unleashed: Bitget Wallet Partners with Linea for Ethereum Layer 2

Finance Magnates

Cryptocoins News / Finance Magnates 106 Views

Bitget Wallet, formerly known as BitKeep, a Web3 trading wallet, has recently unveiled a strategic collaboration with the Ethereum Layer 2 network, Linea. The partnership aims to propel the development and expansion of the Linea ecosystem, marking a step towards enhancing Ethereum's usability.

Bitget Wallet's Integration with Linea Unveiled

Bitget Wallet has integrated with the Linea mainnet, offering users enhanced wallet connectivity and support for Linea's mainnet and associated projects. This integration allows Bitget Wallet users to access the Linea mainnet via their mobile app and browser extension. Users can manage assets on the Linea ecosystem, partake in multi-chain swaps for Linea mainnet tokens, access real-time candlestick data, and engage with projects within the Linea ecosystem.

Linea, developed by ConsenSys leverages zero-knowledge proof technology to provide efficient scaling solutions for Ethereum. The collaboration between Bitget Wallet and Linea includes the launch of the "DeFi Voyage" event on Bitget Wallet's Task2Get platform. This event marks the initiation of the second phase of Bitget Wallet's Task2Get initiative, allowing users to explore the Linea ecosystem within the wallet.

Task2Get, an incentive platform introduced by Bitget Wallet, rewards users for participating in various on-chain interaction tasks. This initiative offers users the opportunity to both learn and earn from diverse ecosystems.

Alvin Kan, the Chief Operating Officer of Bitget Wallet, emphasized the company's commitment to actively participating in the Web3 ecosystem. He stated: "This will allow users to explore and interact with decentralized ecosystems while earning rewards at the same time."

Bitget's $30 Million Infusion: A Capital Leap for BitKeep's Transformation

The collaboration with Linea is poised to further solidify Task2Get's role in fostering market growth. Finance Magnates reported earlier that after amassing 10 million users from nearly 170 countries over five years, the multi-chain non-custodial crypto wallet BitKeep has rebranded as Bitget Walletfollowing its acquisition and a $30 million capital infusion from Bitget in March.

Bitget introduced Bitget Swap, an intelligent DEX aggregation service across 100 DEXs, providing optimal prices and best-in-class liquidity. This feature integrates seamlessly with other platform elements like token management, NFT Market, DApp Browser, and Launchpad, eliminating the need for external platforms.

Bitget Wallet sees this transformation as a milestone in embracing the future of Web3 trading, offering faster transactions, unmatched DEX aggregation, and seamless cross-chain convenience. The Middle East, particularly the UAE and Bahrain, is becoming a focal point for crypto ambitions. Bitget has established a presence in downtown Dubai, riding the wave of the region's 400% increase in crypto-oriented businesses in the past two years.

The MENA region's crypto uptake represents 9.2% of global transactions, making it the fastest-growing digital currency sector. Bitget joins other exchanges in recognizing the region's potential and securing licenses to participate in the digital asset market.

This article was written by Tareq Sikder at www.financemagnates.com.
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