Bitget, the leading global cryptocurrency exchange and web3 company, is delighted to announce the listing of Pyth Network (PYTH) on its platform. PYTH is a decentralized network providing real-world market data and plays a pivotal role in the blockchain ecosystem by delivering reliable price oracles essential for dApps and DeFi protocols.
Deposits for PYTH token are open and spot grid trading will be active within 24 hours from the listing. PYTH operates as a decentralized oracle network, offering precise and timely price feeds for a wide range of assets. By providing transparent and reliable market data, PYTH contributes to the efficiency and trustworthiness of decentralized applications on various blockchain networks.
The decentralized nature of PYTH ensures that the information it provides is resistant to manipulation, creating a secure foundation for smart contracts and DeFi apps that depend on precise and up-to-date pricing data. What sets PYTH apart is its cross-chain compatibility, offering price oracles for assets across different blockchain networks. This not only enhances interoperability in decentralized finance but also underscores PYTH’s commitment to reliability and trustworthiness, achieved through a decentralized consensus mechanism and robust infrastructure.
Gracy Chen, Managing Director of Bitget, stated: “PYTH’s real-time market data and cross-chain compatibility aligns with our commitment in offering innovative and reliable tools for traders. This listing demonstrates Bitget’s dedication to providing access to cutting-edge projects, empowering our community with the latest advancements in the cryptocurrency space.”
The listing of PYTH on Bitget is a reflection of the platform’s mission to provide its users access to projects based on emerging technologies. As a prominent player in the crypto and blockchain space, Bitget continues to expand its offerings, providing a diverse range of assets and features to meet the evolving needs of its global user base.
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and web3 company. Serving over 20 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 a variety of Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget is inspiring individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
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