Crypto News

Bitget Unveils ‘Universal Exchange’ Era to Mark 7-Year Anniversary

Bitget has announced a shift to its 'Universal Exchange' to mark its anniversary, while the BGB price is trading flat amid this development.
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Bitget Unveils ‘Universal Exchange’ Era to Mark 7-Year Anniversary

Highlights

  • Bitget plans to offer a range of "centralized-decentralized" services as part of this new initiative.
  • This comes as the crypto exchange marks its seven year anniversary.
  • The BGB price is trading flat around $5 amid this development.

Crypto exchange Bitget is ushering in a new era of integrated finance to celebrate its seventh anniversary. As part of this move, the exchange has unveiled a new range of services that it plans to offer. Meanwhile, the BGB token has remained tepid amid this development.

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Bitget Introduces Universal Exchange Era For Seventh Anniversary

In a press release, the crypto exchange introduced itself as the Universal Exchange (UEX), noting that this aligns with its vision to build a holistic ecosystem “that breaks the impossible triangle of exchanges,” in relation to user experience, asset variety, and security.

To mark this shift, Bitget plans to integrate a range of “centralized-decentralized” services, AI tools, and security practices under a single unified platform. The top crypto exchange further noted that this transformation to a UEX started in the past few months.

Bitget Onchain added full support for Ethereum, BSC, Base, and Solana assets in this quarter. Meanwhile, the exchange had partnered with xStocks to expand access to tokenized stocks and ETFs.

As CoinGape reported, the crypto exchange recently partnered with Ondo Finance to further build on its tokenized stocks and ETFs offering. Bitget has also launched the first Stock Futures, integrating equities into crypto derivatives.

The exchange stated that, in line with its CEO, Gracy Chen’s vision, it is expanding to support all tradable assets, not just a few hundred crypto assets. It also plans to expand access to all core assets worldwide, such as stocks, ETFs, gold, and forex, which will be tradeable on its UEX.

The BGB price is trading flat at around $5 amid this announcement. TradingView data shows that the token is, however, up in the last week and in the last month. It is worth mentioning that the Morph Chain recently adopted BGB as its native token.

Source: TradingView; BGB Daily Chart
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The AI Angle In Its UEX Offering

Bitget stated that another thing that differentiates the UEX from CEX and DEX is its integration with AI. The crypto exchange has its proprietary AI tool, GetAgent, that powers its approach to market intelligence and execution automation. This AI tool provides users with actionable insights and customized strategies through real-time data and interactive guidance.

In addition to the GetAgent, the top crypto exchange offers a suite of automated trading bots that enhance accessibility, allowing users to pursue opportunities continuously while reducing the gap between analysis and action.

Commenting on this UEX initiative, the Bitget CEO said, “Our growth over the past seven years is based on a methodical approach used to build an infrastructure that serves the evolving needs of traders, investors, and institutions.

She added that they are now shifting towards providing easier access and clean integration of emerging finance into daily lives. Chen remarked that her exchange is bound to lead this transition as the first UEX with tools and products that will meet current and future demands from users globally.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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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