Bitget Lists Solchat (CHAT) in Innovation & Web3 Zone - Chainwire

19Mar

Bitget Lists Solchat (CHAT) in Innovation & Web3 Zone

Victoria, Seychelles, March 19th, 2024, Chainwire

Bitget, the world’s leading cryptocurrency exchange and Web3 company, announces the listing of Solchat (CHAT) in the Innovation and Web3 Zone, a groundbreaking communication protocol on the Solana blockchain. This innovative project promises to redefine online communication by offering text, voice, and video calls with the familiarity of Web2 platforms but within the secure and decentralized Web3 environment.

Solchat distinguishes itself by efficiently leveraging Solana’s blockchain capabilities, known for its low transaction costs. The platform ensures that all messages and group chats are stored on-chain, providing an immutable record of communications. This approach not only enhances the platform’s efficiency but also significantly reduces the costs associated with digital communication, making it accessible to a broader audience.

At the heart of Solchat’s offering is a strong emphasis on security and privacy. The protocol ensures that all interactions are encrypted, providing users with peace of mind regarding the confidentiality of their communications. Additionally, Solchat employs peer-to-peer audio and video calls via WebRTC, a technology that enables direct communication between users without the need for intermediary servers, further bolstering the platform’s security and privacy features.

Gracy Chen, Managing Director of Bitget, said, “Bitget seeks a good way to support the development of different blockchains and ecosystems. This project showcases the innovative potential and support for the crypto ecosystem and aligns with our commitment to offering our users access to cutting-edge projects. We aim to create a Spot Market with rich choices and excellent quality projects, and Solchat is a prime example of such innovation.”

Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With a focus on providing users with opportunities to invest in popular and valuable projects, Bitget’s spot market has seen significant growth. In 2023 alone, the platform added over 350 new listings, further diversifying investment options for users. Meanwhile, Bitget Wallet supports over 100 mainnets and 250,000+ tokens. Its on-chain trading function Bitget Swap enables cross-chain trading between nearly 30 mainnets.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.