Bitget Lists SAGA: Empowering the Next Wave of Blockchain Innovation - Chainwire

08Apr

Bitget Lists SAGA: Empowering the Next Wave of Blockchain Innovation

Victoria, Seychelles, April 8th, 2024, Chainwire

Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the listing of Saga(SAGA). This new addition to the cryptocurrency landscape is set to redefine the way developers engage with blockchain technology, particularly within the rapidly expanding metaverse and related sectors.

Saga works as a game-changer for blockchain development. With a unique approach that addresses some of the most pressing challenges faced by developers today, Saga introduces the concept of “chainlets.” These are essentially dedicated blockchains tailored to specific applications, allowing developers to bypass the common hurdles of scalability and complexity that plague existing blockchain frameworks.

By enabling the creation of these chainlets, Saga aims to ensure that developers no longer have to vie for block space on overcrowded networks. This innovation paves the way for more streamlined, efficient, and scalable blockchain applications, setting a new standard for the industry.

Gracy Chen, the Managing Director of Bitget, commented on the listing, “At Bitget, we are always on the lookout for ways to support the development of diverse blockchains and their ecosystems. The introduction of Saga to our platform is a testament to our commitment to fostering innovation within the crypto space. It not only showcases the innovative potential of new blockchain projects but also aligns with our mission to provide our users with access to leading-edge technologies and projects. We aim to curate a Spot Market that is rich in variety and populated with high-quality projects, offering our users more choices and opportunities to engage with groundbreaking projects.”

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, the platfrom is now one of the top 10 crypto spot trading platforms with over 700 coins and 800 pairs, including BTC, ETH, SOL and more. Throughout 2023, 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 25 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.