BitKeep Swap Increases Support for Optimism’s Second-Tier Network

03/03/2023 06:25 • Crypto & Markets • 65 views

On March 3, the multi-chain wallet BitKeep announced that BitKeep Swap has increased its support for the second-tier network Optimism, providing the direct exchange function of all tokens on Optimism between single-chain and multi-chain without using ETH as the gas fee. At present, BitKeep Swap has supported 16 cross-chain interactions. Users can freely inquire and exchange between Optimism and other 15 chains to obtain the most effective transaction path and optimal price between any currency pair.

BitKeep Swap cross-chain added support for Optimism

BitKeep, the multi-chain wallet, recently announced that BitKeep Swap has expanded its support for the second-tier network, Optimism. This expansion provides the exchange function for all tokens on Optimism between single-chain and multi-chain without using Ethereum (ETH) as the gas fee. With this significant development, BitKeep Swap now supports 16 cross-chain interactions, making it easier for users to inquire and exchange between Optimism and other 15 chains to obtain the most effective transaction path and optimal price between any currency pair.

What Is BitKeep Swap?

BitKeep is a multi-chain wallet that allows users to manage their crypto assets in one place securely. BitKeep Swap is the integrated decentralized exchange (DEX) of BitKeep. The DEX enables users to trade various cryptocurrencies without intermediaries, securing more control over their assets. The platform’s user-friendly interface allows for easy navigation and accessibility, making it a convenient and efficient way to engage in decentralized trading.

What Is Optimism?

Optimism is a second-layer network designed to improve the scalability and speed of Ethereum, achieving transactions faster than the traditional Ethereum network. Optimism utilizes a technique known as “optimistic rollups” to bundle ETH transactions and smart contract interactions, reducing transaction confirmation times and costs. Optimism aims to solve the scalability challenge faced by Ethereum, enabling more mainstream adoption of the blockchain technology.

Benefits of BitKeep Swap’s Improved Support for Optimism

By increasing its support for Optimism, BitKeep Swap enables users to perform direct exchanges between all tokens on the second-layer network and other supported chains, eliminating the use of ETH as the gas fee. The direct exchange functionality enables users to perform transactions faster and at a lower cost, enhancing the overall user experience. Furthermore, BitKeep Swap’s expansion to support 16 cross-chain interactions offers users wider access to various cryptocurrencies, allowing users to take advantage of the most effective transaction path and optimal price between any currency pair.

How to Use BitKeep Swap’s Direct Exchange Function on Optimism

To access BitKeep Swap’s direct exchange function on Optimism, follow the following steps:
1. Log in to your BitKeep multi-chain wallet account.
2. Click on BitKeep Swap and select Optimism.
3. Select the currency you wish to exchange and the currency you wish to receive.
4. Input the amount you want to exchange and see the optimal price and transaction path.
5. Click “Exchange” and confirm the transaction.

Conclusion

BitKeep Swap’s improved support for Optimism’s second-tier network is a significant milestone towards achieving faster and more affordable transactions. This development enhances BitKeep’s user experience, offering more users wider access to cryptocurrencies, and the most effective transaction path and optimal price between any currency pair. BitKeep Swap’s integration of direct exchange functionality on Optimism eliminates the need for users to use ETH as the gas fee, making trading more accessible and cost-effective.

FAQs

1. Does BitKeep Swap support other second-layer networks?
Yes, BitKeep Swap supports several other second-layer networks, including Polygon, Binance Smart Chain, and Huobi Eco-Chain, among others.
2. Is BitKeep Swap secure?
Yes, BitKeep Swap offers enhanced security for users’ crypto assets. The platform is decentralized and non-custodial, ensuring full control and ownership of the assets.
3. Can I use BitKeep Swap on mobile devices?
Yes, BitKeep Swap has a mobile application that is available for download on both Android and iOS devices.

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