Bitget Releases Universal Exchange Whitepaper as It Expands Beyond Crypto Trading

Paul Adedoyin
1 hour ago
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
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Bitget Universal Exchange tokens flow through a digital network, symbolizing multi-asset trading integration beyond crypto markets.

Highlights

  • The new Universal Exchange model offered by Bitget is a blend of crypto, stocks, and commodities.
  • The exchange proposes the integration of multi-assets to reduce trading cost, fragmented risk management and trading inefficiencies.
  • Universal Exchange model deals with fragmentation, by uniting several markets using a single account.

Bitget has published a new research whitepaper outlining its vision for a Universal Exchange that extends beyond crypto. The document describes how exchanges can incorporate various asset classes. The whitepaper presents the Universal Exchange model as the solution to the global fragmentation of trading systems.

What The Bitget Whitepaper Is About

Traders, according to the whitepaper, are increasingly interested in accessing multiple markets with a single trading account. Today, it is common to trade crypto, stocks, commodities, and tokenized assets on separate platforms. According to Bitget, this division is a source of friction, increased expenses, and unbalanced risk management.

The universal exchange concept will solve this by combining assets into a single account. The top crypto exchange has already begun strengthening this vision by launching programs aligned with its Universal Exchange adoption strategy.

The model integrates centralized trading, on-chain assets, and conventional market exposure. It also provides a single security and risk management layer across products.

The paper by Bitget highlights that many exchanges have not fully integrated new tools. Hence, features such as Web3 wallets, AI trading tools, and tokenized products usually run separately. According to the white paper, future competition will be based on a proper framework rather than the number of features.

Why Universal Exchanges Are Growing in Popularity

In the Bitget whitepaper, Universal Exchanges are presented as a blueprint for the industry. It implies that similar models can be implemented by fintech companies and organizations.

The study attributes this move to the anticipated increase in tokenized assets. The shift is already being felt in the conventional marketplace, as evidenced by the increase in gold trading volume on Bitget.

Bitget also claimed that the whitepaper is targeted at traders, institutions, developers, and policymakers. It shows how virtual and conventional finance can integrate. The company considers that Universal Exchanges are the basis of the new trading cycle.

How Bitget Is Developing Its UEX

The whitepaper also mentioned that Bitget currently offers on-chain assets and tokenized exposure to stocks. This has already gained momentum, as evidenced by an increase in tokenized stock trading volumes on the Bitget platform.

It also cited AI-assisted trading in its GetAgent system. Security policies include proof of reserves and a $700 million protection fund. Gracy Chen, the chief executive officer of Bitget, stated that the aim is to help markets collaborate with one another.

According to Ryan Lee, chief analyst at Bitget Research, the only way to achieve real progress or development is for systems to communicate with one another. Hence, the Universal Exchange framework is proposed as a solution that is scalable.

The paper also compared industry players using various indicators of readiness. These consist of proper records, AI-assisted processes, and risk control.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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