- Bitget has integrated Morph Chain, becoming the first exchange to do so.
- The partnership supports faster, decentralized payments.
- Bitget is positioning itself as a leader in Web3 by offering users seamless trading and real-time market insights.
Bitget, the largest Universal Exchange (UEX), has become the first exchange to integrate Morph Chain. This partnership marks a major upgrade to Bitget’s Onchain ecosystem, allowing users to trade digital assets directly within the Morph ecosystem using USDT held in their Bitget spot wallets.
Morph Chain: Key Player in On-chain Payments
Morph Chain is a Layer 2 blockchain supporting on-chain payments with fast, scalable, and decentralized solutions. Its integration with Bitget is especially notable as it follows Bitget’s earlier move of transferring 440 million BGB to Morph, making BGB the native token of Morph.
Together, they are building a more efficient payment system with stablecoins that brings real-world utility to blockchain finance.
Expanding the ‘Universal Exchange’ Ecosystem
This move is part of Bitget’s broader strategy to function as a “Universal Exchange” (UEX), blending centralized infrastructure with decentralized access. In September, Bitget upgraded its on-chain ecosystem by integrating Ethereum, Solana, BSC, and Base into one unified platform.
Along with this update, the exchange introduced Onchain Signals, an AI-powered tool that tracks smart money across the crypto space and offers real-time market insights.
Now, Bitget is integrating Morph Chain to provide users with a combination of AI-driven insights and the ability to trade instantly with one-click execution. This enables seamless, cross-chain trading from spot wallets, offering fast and secure transactions.
Related: Bitget Partners with UNTOLD Dubai for a Multi-Sensory Festival Experience Blending Crypto & Culture
CEO Gracy Chen: “This is the Future of Global Commerce”
Gracy Chen, CEO of Bitget, explained that Morph Chain was created to bridge blockchain technology with real-world payments. She emphasized that this integration is key to building a future where stablecoin settlements and on-chain liquidity become the foundation of global commerce.
The partnership also supports Bitget’s goal of becoming the leader in the Universal Exchange (UEX) space, blending centralized exchange infrastructure, on-chain access, and AI tools into one platform.
Through this integration, Bitget strengthens its role as a gateway to Web3. The platform’s focus on security, transparency, and empowering users is highlighted through inventions like Proof of Reserves and AI trading tools.
This ensures users have access to advanced features in a secure, transparent environment that aligns with blockchain principles.
Bitget’s Global Impact on the Crypto Industry
Since its founding in 2018, Bitget has grown to serve over 120 million users worldwide, offering access to millions of crypto tokens, tokenized stocks, ETFs, and real-world assets.
The platform has also expanded through key partnerships, including collaborations with LALIGA in Eastern, Southeast Asia, and LATAM, and with UNICEF to promote blockchain education for 1.1 million people by 2027.
Bitget’s presence in the motorsports industry as the exclusive crypto exchange partner of MotoGP™ further highlights its commitment to driving global crypto adoption.
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Source: https://coinedition.com/bitget-integrates-morph-chain-for-on-chain-l2-trading/