Bitget Integrates Block Trade Support into Convert Enables Zero-Fee Large-Volume Crypto Swaps

Bitget, a major cryptocurrency exchange, has enhanced its Convert feature by integrating support for block trades, enabling users to execute large-volume crypto swaps with reduced slippage and no fees. The updated tool allows conversions between assets like BTC, ETH, SOL, and USDT, with a single-trade limit of up to 3 million USDT. This upgrade addresses liquidity challenges in crypto trading, offering real-time quotes that refresh every 8 seconds and instant execution without order book delays or manual adjustments [1]. Users can now convert assets directly on the Convert page, bypassing intermediate steps such as fiat conversions. Institutional and high-volume traders can apply for whitelist access to access more favorable quotes [1].

The zero-fee model and streamlined process aim to democratize access to institutional-grade trading tools typically reserved for professional traders. By enabling large-volume swaps in a single batch, Bitget minimizes the risk of fragmented fills and price inconsistencies during conversions [1]. The COO of Bitget emphasized that this feature allows users to "move millions in one click, no fees, no slippage," highlighting its role in making crypto trading more accessible to both retail and institutional clients [1]. The upgrade builds on recent product launches like GetAgent and Bitget PRO, reflecting the exchange’s focus on user-centric innovation [1].

From an analytical standpoint, the integration of block trade support positions Bitget to compete with traditional centralized exchanges (CEXs) that offer similar tools to institutional clients. By eliminating transaction costs and simplifying large-volume swaps, the platform addresses a key pain point in crypto trading—liquidity constraints that often lead to price volatility during significant transactions [1]. The zero-fee structure further strengthens its appeal in a market where cost barriers remain a challenge for smaller traders. However, the effectiveness of this feature will depend on the depth of liquidity provided by Bitget’s partners and the demand for large-volume conversions on its platform [1]. The update does not explicitly address regulatory hurdles or geographic expansion but reinforces Bitget’s strategy of prioritizing user experience through technological advancements [1].

Source: [1] [Bitget Upgrades Convert Feature with Block Trade Support for Smoother Crypto Swaps] [https://coinmarketcap.com/community/articles/688379edd9d19935252ece23/]