Bitget partners with custodial service Copper


Cryptocurrency exchange Bitget will integrate digital asset custody solutions provider Copper and join the ClearLoop network. This was reported on the trading platform blog.

Through the partnership, institutional clients of Bitget will be able to store digital assets on the Copper infrastructure and simultaneously trade them in real time.

User assets will be deposited on Copper and linked to Bitget accounts. The exchange will instantly display these balances and allow you to trade 450 cryptocurrencies and tokens.

“Investors are always looking for ways to protect their assets and optimize trading. The partnership with Copper is yet another example of our ongoing efforts to increase the trust of institutional clients in the crypto industry,” said Bitget CEO Gracie Chen.

Bitget will be the sixth exchange to join the ClearLoop network in 2023. To date, more than 30 trading platforms have integrated it, including Bitfinex, Bitstamp, Deribit, and OKX.

“Enabling clients to trade on exchanges directly from the Copper vault is an important step in the institutionalization of digital asset markets. We are confident that cooperation with Bitget will help us to further raise the standards for the crypto industry,” commented Dmitry Tokarev, CEO of Copper.

Bitget is a cryptocurrency exchange that supports spot and futures trading, copy trading and P2P transactions. In the past, the platform has verified user balances using a Merkle tree and raised its Trader Protection Fund to $300 million.

Earlier, Bitget launched a new referral program with rewards up to 9,000 USDT and announced a “Super Airdrop” promotion for BGB holders.

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