CDS Collaboration Bitget Partners with Copper and Joins ClearLoop Network, Offering Off-Exchange Settlement for Institutional Clients
CollaborationCrypto News

Bitget Partners with Copper and Joins ClearLoop Network, Offering Off-Exchange Settlement for Institutional Clients

On May 25, 2023, leading crypto trading platform Bitget made an exciting announcement regarding its collaboration with custody firm Copper and its participation in the ClearLoop network

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Bitget Partners with Copper and Joins ClearLoop Network, Offering Off-Exchange Settlement for Institutional Clients

Bitget Partners with Copper and Joins ClearLoop Network, Offering Off-Exchange Settlement for Institutional Clients

On May 25, 2023, leading crypto trading platform Bitget made an exciting announcement regarding its collaboration with custody firm Copper and its participation in the ClearLoop network. Through this strategic partnership, institutional clients of both companies will have the opportunity to securely hold digital assets within Copper’s infrastructure while simultaneously utilizing Bitget’s exchange platform for trading.

ClearLoop, an esteemed network of liquidity providers tailored for institutions, facilitates off-exchange settlement of cryptocurrency trades. This innovative solution empowers institutional clients to engage in direct crypto trading with one another, eliminating the need for traditional exchanges. Consequently, this streamlined process has the potential to reduce costs and enhance liquidity for institutional investors.

The alliance between Bitget and Copper marks a significant milestone within the crypto industry as it represents the first instance of a major crypto exchange integrating with a custody firm to offer off-exchange settlement services. This groundbreaking collaboration is poised to attract a greater number of institutional investors to the thriving crypto market.

Outlined below are the key benefits stemming from Bitget’s partnership with Copper’s ClearLoop:

  1. Reduced costs: Institutional clients can enjoy cost savings by directly trading with one another, bypassing the need for exchanges and associated fees.
  2. Improved liquidity: ClearLoop’s extensive liquidity pool ensures enhanced trade execution prices for institutional clients.
  3. Increased security: As a regulated custody firm, Copper provides a secure environment for institutional clients to safeguard their digital assets.

Overall, Bitget’s partnership with Copper’s ClearLoop network constitutes a highly positive development for the crypto industry. This collaboration has the potential to entice more institutional investors into the market and enhance the trading experience for this segment of participants.

About Bidget

Bitget Partners with Copper and Joins ClearLoop Network, Offering Off-Exchange Settlement for Institutional Clients

Bidget, a revolutionary budgeting app, empowers users to effectively manage their finances and achieve savings. This user-friendly application enables seamless tracking of expenses and provides a range of powerful features. By creating a personalized budget aligned with individual lifestyles, users gain real-time insights into their spending habits.

Available for both iOS and Android devices, Bidget can be easily accessed by downloading the app and creating an account. Upon setup, users can effortlessly input their income and expenses. Bidget’s intelligent algorithms automatically categorize expenditures, enabling users to gain a clear overview of their financial outflows. Budgets can be established for various categories, such as food, transportation, and entertainment, ensuring optimal financial control.

To ensure adherence to budgetary constraints, Bidget offers a variety of supportive features. Users can set up custom alerts to receive notifications when approaching budget limits. Additionally, bill reminders assist in managing payment deadlines, preventing any overlooked bills.

Bidget effectively places users in the driver’s seat of their financial journey, allowing them to take charge of their spending and save money. By offering an intuitive interface and diverse functionality, Bidget provides an ideal platform for users to attain their financial goals.

Key Features of Bidget include:

Real-time expense tracking Budget creation and progress monitoring Goal setting and progress tracking Bill reminders Automated transfers Expense categorization Insights into spending patterns Budget sharing capabilities

While Bidget is available as a free application, a premium version is also offered, providing additional benefits like:

Ad-free experience Offline access Custom budget templates Support for multiple currencies

For those seeking a comprehensive budgeting solution that enhances spending monitoring and facilitates savings, Bidget proves to be an excellent choice.

Bitget Partners with Copper and Joins ClearLoop Network, Offering Off-Exchange Settlement for Institutional Clients

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