Bitget Wallet Empowers DeFi User Experience by Incorporating Monad Testnet

Date:

VICTORIA, Seychelles, Feb. 19, 2025 (GLOBE NEWSWIRE) – Bitget Wallet, a premier Web3 non-custodial wallet, has officially integrated the Monad Testnet, a high-performance Layer 1 blockchain compatible with EVM. Users can now incorporate the Monad Testnet directly via the wallet interface and engage with the ecosystem projects highlighted in the exclusive Monad DApp section.

Monad is a cutting-edge blockchain designed to address performance and scalability issues in decentralized networks. It provides a sturdy infrastructure for DeFi applications due to its high transaction throughput and low latency. Monad’s compatibility with Ethereum ensures that developers and users can make transitions smoothly without any workflow adjustments. It also cuts down transaction costs and delays, leading to a more efficient and cost-effective experience in decentralized exchanges, lending, and yield farming.

Bitget Wallet’s integration with Monad aligns with its objective of broadening access to pioneering DeFi applications. Users of Bitget Wallet can now enjoy quicker transactions and lower fees due to Monad’s optimized performance, thus making activities like token swaps and staking more efficient. This collaboration empowers users to leverage emerging DeFi opportunities while maintaining a seamless user experience.

“By incorporating Monad, we’re strengthening our commitment to making Web3 innovation accessible and lowering the threshold for blockchain adoption,” said Alvin Kan, COO of Bitget Wallet. “Our users can expect faster and more economical transactions, and we’re eager to utilize this integration in our forthcoming interactive incentive campaigns to provide even more value.”

About Bitget Wallet: Bitget Wallet is the nexus of Web3, uniting infinite possibilities within a single non-custodial wallet. With over 60 million users, it provides a wide range of on-chain services including asset management, instant swaps, rewards, staking, trading tools, live market data, a DApp browser, an NFT marketplace, and cryptocurrency payment. Supporting more than 100 blockchains, over 20,000 DApps, and half a million tokens, Bitget Wallet facilitates smooth multi-chain trading across hundreds of DEXs and cross-chain bridges. It also offers a $300+ million protection fund to safeguard users’ assets. For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook.

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