Bitget Enhances Convert with Block Trade Support for Zero-Fee Crypto Swaps Up to 3M USDT

Bitget, a leading cryptocurrency exchange and Web3 company, has enhanced its Convert feature with block trade support, enabling smoother and more efficient crypto swaps for both retail and institutional users. This upgrade allows direct conversions between major assets like BTC, ETH, SOL, and USDT, with a single transaction limit of up to 3 million USDT. The feature eliminates order book complexities and slippage risks, offering real-time quotes that refresh every 8 seconds and zero-fee transactions for all conversions. Institutional and high-volume traders can also apply for whitelist access to secure more favorable pricing [1].

The updated Convert tool addresses a persistent challenge in crypto trading: managing large orders without significant price impact. By supporting block trades, Bitget enables users to execute large-volume swaps instantly, bypassing traditional order book delays and manual price adjustments. This functionality is particularly beneficial for traders seeking to convert substantial holdings without exposing market prices to adverse movements. Vugar Usi Zade, Bitget’s COO, emphasized the feature’s accessibility for all users, stating it aligns with the platform’s mission to simplify crypto trading for both everyday and institutional participants [2].

The upgrade includes several user-centric improvements. Transactions are processed in real-time, ensuring prices align with market conditions. With over 300 trading pairs, users can swap a wide range of assets instantly, including combinations like BTC to USDT or ETH to BGB. The zero-fee model ensures users receive the exact amount converted without deductions, a stark contrast to conventional trading methods that often incur additional costs. Institutional clients, in particular, stand to benefit from reduced execution risks and improved efficiency in managing large portfolios [3].

This enhancement follows Bitget’s broader product development strategy, which includes recent launches like GetAgent and Bitget PRO. The platform’s focus on user experience and technological innovation reflects its position as a key player in the evolving crypto ecosystem. By integrating block trade support, Bitget positions itself as a competitive alternative to traditional exchanges, which often struggle with liquidity fragmentation and high transaction costs. The upgrade also aligns with industry trends toward streamlining cross-asset and fiat-to-crypto conversions, a shift driven by growing demand for seamless trading solutions [4].

While the update highlights Bitget’s commitment to usability and efficiency, certain details remain unspecified. For instance, the platform does not clarify whether the block trade functionality operates on-chain or off-chain, nor does it disclose volume thresholds for accessing whitelist privileges. These ambiguities limit the ability to assess the feature’s technical robustness or scalability. Additionally, the absence of user adoption metrics or performance benchmarks makes it difficult to evaluate the feature’s immediate impact on trading volumes or user satisfaction [5].

The timing of the upgrade coincides with increasing competition in the crypto market. Rivals like EODHD have introduced real-time currency conversion APIs, underscoring the sector’s shift toward reducing friction in cross-border and cross-asset transactions. Bitget’s emphasis on zero-fee conversions and multi-chain interoperability differentiates it from conventional models, which often prioritize liquidity over cost efficiency. However, the lack of granular implementation details means the feature’s long-term effectiveness will depend on user adoption and market conditions [6].

Sources:

[1] [title: Block price prediction chart for 2025 and beyond] [url: https://www.bitget.com/price/block/price-prediction]

[2] [title: PI Coin Price Today , PI Network Price , Pi Price] [url: https://www.bitget.com/price/pi-network]

[3] [title: Fly.trade Price Prediction] [url: https://www.bitget.com/price/fly.trade/price-prediction]

[4] [title: Tutorial Price USD, TUT Price Live Charts, Market Cap & ...] [url: https://www.bitget.com/price/tutorial]

[5] [title: PI Calculator: Convert Pi (PI) to Ugandan shilling (UGX)] [url: https://www.bitgetapp.com/price/pi-network/ugx]

[6] [title: Online Currency Converter: Live, Accurate Exchange Rate ...] [url: https://eodhd.com/fxrates]