Bitget migrates Ondo-series tokenized stocks from Ethereum to BSC, extending a zero-fee promotion until January 2026, facilitating faster trades and cost efficiency.
Tokenized stocks, reaching a $500 million trading volume, represent a key crypto use case, highlighting Bitget's commitment to lowering trading barriers and promoting accessibility across markets.
Bitget's Strategic Shift to BSC for Tokenized Stocks
Bitget, the world's largest Universal Exchange, has announced a significant shift for its tokenized stocks. These Ondo-series tokens, including major names like Nvidia and Tesla, will move from Ethereum to BSC for enhanced performance.
The migration, backed by cost and speed benefits, caters to Bitget's vast user base. Gracy Chen, CEO of Bitget, stated, "This is really about listening to our community and delivering what matters most to them. BSC gives our traders the speed and cost efficiency they need to succeed, and by extending zero fees through January, we’re making sure everyone has time to experience the benefits firsthand. We want to remove the barriers that get in the way of great trading experiences. When our users win, we all win." The focus on extending zero transaction fees until 2026 demonstrates a major strategy shift in crypto trading dynamics.
Trader Confidence Soars Amidst Bitget's Zero-Fee Strategy
Bitget's move is celebrated for its ambitious reach, potentially boosting trader confidence. Users can anticipate lower costs and faster transactions. The zero-fee promotion is another welcome move to draw in more trading volume across supported platforms.
The cumulative trading volume, already reaching $500 million, indicates a strong market response. The migration could influence regulatory environments and push technological advancements across exchanges. Historical success suggests further growth in the tokenized asset sector. For more updates, you can follow the broadcast news.
Zero-Fee Promotions: A Proven Catalyst for Growth
Bitget's zero-fee promotions reflect a trend seen in past crypto exchange strategies. Such campaigns have previously driven liquidity and user numbers, hinting at potential positive outcomes similar to past exchanges' efforts.
Experts at Kanalcoin note that Bitget's proactive approach could set new benchmarks. The ongoing rise in tokenized stocks, supported by recent technological shifts, promises enduring changes in the crypto landscape, paralleling historic growth trends.
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