DeFi is becoming more complicated, which means DeFi gateways are becoming more complex as well.
DeFi has continuing to expand at an incredible rate, introducing the globe to new methods to trade and receive money, invest, borrow money, and even enjoy a new type of collectible. However, as technology progresses and additional use cases emerge, people are finding the variegated landscape to be increasingly difficult to traverse. Even wallets, which were formerly considered as little more than a utility for storing assets, have evolved to become an access point for decentralised exchanges (DEXs), decentralised applications (DApps), and games.
Despite the fact that these entry points into the DeFi business are more readily available than ever before, the industry still has work to do in terms of optimising the user journey in order to stimulate new growth and expand functionality for their existing community. This means adopting usefulness and accessibility as development criteria for decentralised projects in the future.
BitKeep, a multichain wallet and more comprehensive digital asset management service, is meeting the needs of the booming DeFi industry. Despite its Asian origins, BitKeep has established itself as a global player with collaborations on a variety of blockchains, including Polygon (MATIC), Solana (SOL), Ethereum (ETH), and Terra (LUNA), as well as a strong backer of the DeFi market. In fact, BitKeep has accomplished this by acting as a bridge for new users, assisting them in discovering and identifying high-quality DeFi projects so that they may learn about new initiatives as they emerge.
The BitKeep team just announced the release of version 7.0 of the app, which features the addition of an NFT Market area and a Discover section, transforming the programme into a powerful tool that merges five sections: Wallet, Swap, NFT Market, DApp, and Discover.
Making constant advancements
The team improved the UX, security, and functionality of their wallet, which was at the heart of this overhaul. This initiative attempts to give users the most convenient trading location while also protecting their privacy and security. BitKeep’s wallet now supports 40+ primary chains and DApps, including ETH, Polygon, Binance Smart Chain (BSC), OEC Token, Avalanche Contract Chain (AVAX-C), TRON (TRX), and Solana, to name a few.
Despite the existence of cross-chain functionalities, users can benefit from a streamlined experience by accessing all of these assets through a single account. Additional support for ten languages has also been added, including Chinese, English, Korean, Latin, American, Arabic, Turkish, and Vietnamese.
With their wallet overhaul came an improved Swap, a BitKeep area that includes Quotes, Bridge, and Launchpad. Users may utilise Quotes to get real-time data and information on 200,000 tokens, including candlestick charts, transaction history, and data analysis. The Bridge functionality can also handle swaps between 10 chains and 26 protocols, thanks to many bridges that serve to establish a wider market.
The growth of the digital asset class known as NFTs is central to DeFi. BitKeep has included a new NFT Market component as part of the 7.0 upgrade, where users may engage with trade and exhibition features for various digital artwork and collectibles, enabling NFT trading channels for creators and collectors all around the world. For users to remain ahead of market trends, other features include real-time NFT gainer rankings and asset recommendations.
Discover features include a Help Centre with instructional materials such as tutorials, safety recommendations, and overviews of product functionality for first-time BitKeep users to ensure that they are comfortable with BitKeep’s operations. Efforts are rewarded through the Gift Centre, which is a reward system that consists of several chores with varying incentives.
A significant turning point
BitKeep considers the release of version 7.0 to be one of the most significant events in company history. They now have 4 million verified individuals from 168 countries in their community. BitKeep is continuing to establish itself as more than a blockchain wallet by offering customers with an access point into the larger world of Web 3.0, according to the 7.0 release.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.