A prominent cryptocurrency exchange and Web3 company, has announced the listing of BEFI tokens from BeFi Labs in its BRC20 zone, which features popular tokens on the Bitcoin Ordinals chain. BEFI tokens are now tradable in the spot market on the Bitget platform.

BeFi Labs, a multichained ecosystem based on BRC20, integrates Bitcoin Ordinals with the extensive WEB3 ecosystem. The platform focuses on CeDefi innovation to connect Web3 users within the expanding BRC20 ecosystem. By incorporating leading wallets like Bitget Wallet, MetaMask, Unisat, and others, BeFi Labs enables seamless and zero-fee trading of BRC20 tokens. This move aligns with Bitget's recent initiative to offer free Bitcoin and Ethereum trading to its users.

Gracy Chen, the Managing Director at Bitget, emphasized the importance of providing new users access to the trending BRC20 ecosystem projects while simplifying the complexities of blockchain finance. BeFi Labs aims to democratize blockchain finance, offering easy access to the evolving digital economy, especially for users from diverse blockchain backgrounds. BEFI token holders benefit from low to zero transaction fees when trading and can utilize the token for in-app fees, enhancing its utility. Additionally, token holders enjoy early access to upcoming projects and the opportunity to engage in platform governance through voting processes.

The Bitcoin ecosystem's continuous growth, supported by technological advancements, is expected to solidify Bitcoin's position in the market in 2024. Bitget is actively expanding its spot listings with projects developed on the Bitcoin ecosystem, emphasizing its commitment to supporting the BRC20 ecosystem and innovative projects. By introducing trending tokens, Bitget endeavors to provide wider access to valuable digital assets within the industry.

With a presence since 2018, Bitget serves over 25 million users in more than 100 countries and regions, offering advanced trading features such as copy trading. The Bitget Wallet, formerly known as BitKeep, is a multi-chain crypto wallet that provides various Web3 solutions like wallet functionality, swaps, NFT Marketplace, DApp browser, and more. Collaborating with renowned figures like Lionel Messi and eSports event organizers, Bitget aims to promote crypto adoption through strategic partnerships and innovative offerings.