- $ENA’s integration into Bitget Global enhances both CeFi and DeFi trading capabilities.
- USDe can now be used as margin collateral and for zero-fee spot trading on Bitget.
- Bitget users gain new earning opportunities with USDe, driving engagement and flexibility.
The recent integration of ENA and USDe into the trading ecosystem marks a significant milestone for both centralized finance (CeFi) and decentralized finance (DeFi).
Arthur Hayes, a prominent cryptocurrency figure, recently posted on X (formerly Twitter) about the growing importance of ENA in enhancing the trading experience.
$ENA is quickly becoming an integral part of the CeFi and DeFi trading ecosystem. https://t.co/2Ip0Iylq0a
— Arthur Hayes (@CryptoHayes) June 20, 2024
Ethena Labs announced a key integration with Bitget Global, a major trading platform, to enhance the trading experience for millions of users. This integration is considered a major milestone for USDe, as it allows over 25 million Bitget Global users to utilize USDe in various ways.
Users can now use USDe as margin when trading coin-margined perpetual and futures contracts, providing greater flexibility and security. Additionally, the integration includes zero-fee spot trading on the USDe/USDT pair, reducing transaction costs and potentially attracting higher trading volume.
Furthermore, USDe is now available in Bitget Global’s Earn section, allowing users to earn returns on their holdings and further encouraging USDe adoption.
Arthur Hayes’ endorsement of ENA highlights the asset’s growing influence in the trading world. His statement reflects the broader sentiment that ENA is becoming an integral part of both CeFi and DeFi sectors, positioning it uniquely in the market.
Recent charts show USDe maintaining a value around $1.0010, with a Relative Strength Index (RSI) of 58.88, indicating stable market sentiment. These metrics suggest that USDe remains in a strong position.
The strategic integration of USDe by Ethena Labs and Bitget Global aligns with current trends in the trading environment, demonstrating a commitment to providing users with diverse and cost-effective options. As a result, both ENA and USDe are poised to play pivotal roles in shaping the future of financial trading.