In the Web3 era, how to seize the opportunities in the DEX field with one click is a difficult problem facing many centralized exchanges.
Recently, emerging crypto asset exchange Bitdu invested US$1.5 million in MsgSender (MSG), attracting the attention of professional traders. It is generally believed that this incident marked the beginning of centralized exchanges actively embracing the DeFi world and empowering Web3 applications.
So, what kind of platform is MSG? Why is Bitdu actively investing in MSG? What does this mean for the crypto market and the Web3 world? Each of these will be discussed below.
1. MSG was born to aggregate Web3 applications, Bitdu can use this to complete the transaction ecological layout
MSG is a one-stop Web3 trading terminal that can create a safer, more professional and more convenient Web3 trading platform for users by aggregating on-chain protocols and lowering the threshold for using DeFi. Compared with other Web3 trading portals, MSG directly connects to PancakeSwap with one click, enabling seconds-level transactions. While using the product interface of centralized exchanges, it completes the on-chaining of assets and data, taking into account the advantages of DEX and CEX. . In addition, MSG has also launched more intelligent trading functions such as algorithm updates, and can also track multiple core indicators with one click. The trading experience is far ahead in the DeFi world. By investing in MSG at this time, Bitdu can complete the layout of the trading ecosystem and further penetrate into the Web3 world.
Bitdu is the most promising player in the crypto asset trading circuit. It was established in 2020 and covers 80+ countries and regions. It has over 1 million users and its core members come from Binance, Huobi, Google and SoftBank. Bitdu's products cover legal currencies, contracts and spot products, among which C2C transactions have zero handling fees and support multi-national legal currencies, and the contract section has a built-in most advanced documentary system.
In summary, Bitdu, which has accumulated a lot of experience, will perform well in the future market. However, in the process of development, Bitdu needs to continue to sink into the Web3 world, get closer to high-quality Dapps, obtain transaction data, absorb the advantages of DeFi, and self-iterate functions in order to better cope with the challenges of competing products and serve global users. Therefore, behind the investment in Msg is Bitdu’s ambition to complete the layout of the trading ecosystem and its sense of responsibility to create the ultimate trading experience for Web3 users.
2. The six core advantages tell you that the Bitdu platform is the first choice for contract trading.
Returning to the CEX business itself, Bitdu has unparalleled expertise in the field of contract trading in the entire industry. Currently, for users, Bitdu’s contract trading section is one of the best choices in the crypto circle. Its core advantages include the following aspects:
1. Complete types: covering U-standard contracts, currency-standard contracts, delivery contracts and other products. In the future, the most popular products, such as forecast contracts, will be developed as soon as possible based on the latest market trends and needs;
2. Rich strategies: Covers a variety of contract grid trading modes, supports automatic creation and manual creation modes, and has a variety of built-in automated trading programs (Martinale strategy + term arbitrage strategy). More and more advanced strategic transactions will be launched in the future. Tools and Products;
3. Follow-up system: Supports one-click follow-up and multiple data indicator screenings. Order leaders can enjoy the highest profit margin of 20% in the industry, helping follow-up users to start the automatic profit-making mode;
4. Smooth experience: Self-developed high-performance matching engine + stable trading system ensures the execution of millimeter-level matching transactions, and the smoothness of the experience is industry-leading. There will be no downtime and delay problems during the contract transaction process, and the failure rate will always be is 0;
5. High security: The system uses a variety of methods to ensure transaction security, such as high-strength SSL encryption, 1:1 storage of user assets, multi-signature isolation and storage of user assets, and passing Armors' security audit;
6. Asset exchange: deposits and withdrawals are convenient and highly secure. Users’ deposit and withdrawal needs before and after opening contract transactions can be better met, because Bitdu’s C2C transactions have zero handling fees and support multi-national legal currencies and have been connected to SEPA in the EU. Transfer system. In addition, Bitdu has obtained Lithuanian VASP, American MSB Financial and Canadian MSB licenses, which will greatly benefit the asset exchange business in the future.
Facing the future, Bitdu's contract trading section will be an important breakthrough in promoting the iteration of the encryption market. It is also a brand new choice for the majority of users. With Bitdu, the risks are lower and the possibility of earning profits is higher.
3. Investment in a bear market shows more decision-making skills, and Bitdu becomes the value discoverer of Web3
The encryption market will be relatively sluggish in the second half of 2023, and the Web3 investment and financing market will also fall into a trough due to the general environment. According to data from The Block Research, the investment amount of crypto venture capital in August was less than $500 million, which has been declining for four consecutive months. This is also the lowest monthly investment amount since January 2021.
As an emerging crypto asset exchange, Bitdu has accumulated strong capital since its establishment in 2020, relying on its excellent business skills, as well as its own excellent product performance and security support. Investing in a bear market environment not only demonstrates Bitdu’s financial strength, but also demonstrates Bitdu’s confidence and responsibility in the crypto market.
While it is difficult for centralized exchanges to replicate the core competitive advantages of DEX, Bitdu actively embraces changes and actively invests in high-quality Web3 projects, which is also evidence of its forced self-iteration and continuous product optimization. We have reason to believe that as the leading centralized exchange, Bitdu is not only the most ideal crypto-asset trading tool for users, but in the process of empowering global users, Bitdu will also become a value discoverer in the Web3 world.