Wallet users will be able to share the $360 million User Protection Fund alongside Bitget exchange users.
Speaking to Cointelegraph on user protection, Moka Han, chief operating officer of Bitget Wallet, said cross-chain bridges undergo “rigorous third-party security audits” from the likes of SlowMist and CertiK before they are deployed on the software and are closely monitored post-deployment.
In its next steps, Han said Bitget Wallet recently integrated five stable payment channels — Banxa, Simplex, Alchemy Pay, MoonPay and FaTPay — that allow users to purchase cryptocurrencies within the wallet via credit cards, Google Pay and Apple Pay. The firm has also rolled out a peer-to-peer marketplace where “security measures are enforced to safeguard from both ends."
The Bitget wallet is one of the most popular wallets in the Asia Pacific region. The firm claims the software has over 10 million users, or roughly half of the user count of MetaMask. Other cryptocurrency exchanges, such as OKX, KuCoin and Binance, have also branched out to running
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