Bitget, a major cryptocurrency derivatives and copy trading platform, has announced its support for the deposit and withdrawal of USDT tokens on the Kava blockchain. This makes Bitget the first exchange in the industry to offer this feature. By integrating with the Kava network, Bitget is giving its users access to the widely used stablecoin while leveraging Kava’s innovative capabilities.
Tether, the company behind the tether.to platform, has chosen Kava as the latest platform to launch USDT. Kava is known for its scalability and speed, thanks to its unique co-chain design that combines the Ethereum virtual machine with the low transaction fees and interoperability of the Cosmos software development kit. The recent launch of the “Kava 13” mainnet update further enhances security, scalability, functionality, and speed.
According to Gracy Chen, Managing Director of Bitget, this integration with Kava will protect the interests of USDT users by leveraging the blockchain’s architecture and track record of security. Bitget aims to reshape the future of decentralized finance by fostering an inclusive ecosystem.
With this upgrade, Bitget demonstrates its commitment to expanding its crypto ecosystem and providing users with a diverse range of trading options. The addition of KAVA-USDT to the platform’s list of supported chains further enhances the trading experience for Bitget’s users.
In addition to offering derivatives trading, Bitget is focused on diversifying its product offerings. The support for USDT Tether on Kava adds another layer of stability and accessibility to Bitget’s trading ecosystem.
Established in 2018, Bitget is a leading cryptocurrency exchange with futures trading and copy trading services. It serves over 8 million users in more than 100 countries and regions, offering a secure, one-stop trading solution. Bitget has also collaborated with notable partners, including Lionel Messi and Juventus, to promote cryptocurrency adoption.