Bitget Partners with Cobo SuperLoop to Enhance Security and Efficiency in Crypto Trading

Bitget, a leading crypto derivatives exchange and copy trading platform, has announced a strategic partnership with Cobo SuperLoop, an over-the-counter settlement network known for its institutional digital asset custody technologies. This integration aims to enhance security for crypto investors and improve the efficiency of cryptocurrency trading.

Key highlights of the partnership:

1. Security Enhancement: Bitget users will have the option to safely store their assets outside of exchanges, leveraging Cobo’s advanced wallet custody technologies. This added security provides peace of mind for investors, ensuring the safety of their digital assets.
2. Cost Savings: The partnership also enables investors to execute cross-exchange transactions without the need to directly deposit funds into exchanges. This streamlines trading and significantly reduces transaction costs on the blockchain, making cryptocurrency investment more efficient and cost-effective.
3. Institutional Clients: Bitget’s institutional clients will benefit from enhanced fund protection. They now have access to both Cobo’s MPC (multi-party computation) and custodial wallets to secure their assets. These wallets use advanced multi-party computing technologies and a threshold signature scheme (TSS) to ensure high-level security and asset recovery capabilities.
4. Long-Term Vision: The collaboration underscores Bitget’s commitment to a long-term vision in the cryptocurrency space. Bitget offers a wide range of services through its deposit account, including spot trading, margin trading, forward trading, spot copy trading, forward copy trading, spot grids, and forward grids. These services are designed to adapt to the dynamic needs of cryptocurrency traders.
5. Industry Leadership: The partnership aims to set new industry benchmarks in fund security, trading efficiency, and investor protection. Both Bitget and Cobo share a vision for the future of the cryptocurrency world and seek to turn this collaboration into a success.

Gracy Chen, Managing Director of Bitget, emphasized their commitment to providing the highest level of security and efficiency to users. Dr. Changhao Jiang, CTO and co-founder of Cobo, expressed their enthusiasm for integrating Bitget into SuperLoop, providing institutional-grade solutions and peace of mind to traders.

Overall, this partnership between Bitget and Cobo SuperLoop aims to enhance the security and efficiency of cryptocurrency trading while catering to the diverse needs of institutional investors in the evolving crypto ecosystem.