Bitget Swap Expands Cross-Chain Trading and Security Focus Amid AML Risks

Published: 2025-05-09 09:51:44 |

Bitget Swap, the flagship decentralized cross-chain trading protocol of Bitget Wallet, has substantially expanded support to 27 blockchains, including recent additions like Berachain and Sonic. This positions it as a key player in multi-chain trading for crypto traders. The platform enables seamless asset swaps across various chains without the need to switch wallets or manually bridge—supporting mainstream tokens like ETH, SOL, BNB, as well as new ecosystem tokens such as BERA and SONIC. Key features include a gasless transaction mechanism, deep liquidity aggregation, account abstraction, ZK-Rollup technology, and integrations with DEXs like Uniswap, PancakeSwap, Jupiter, and cross-chain bridges such as Bungee and LI.FI. This enables efficient, one-step cross-chain swaps and the ability for users to pay gas in alternative tokens like BGB or USDT, enhancing transaction flexibility. Real-time market charts and on-chain data further support informed trading. However, a security analysis and a case study highlighted by SlowMist, using MistTrack, show that these advancements also introduce complexity to asset tracing, with potential misuse for illicit fund movement and money laundering. This calls for enhanced vigilance from traders and compliance teams, who must stay updated on Bitget Swap’s operational patterns for AML compliance and asset monitoring. Bitget Swap simultaneously boosts cross-chain liquidity and user convenience, but its flexibility demands robust risk management within the crypto trading community.

Neutral

Bitget Swap’s cross-chain trading innovations significantly improve trader flexibility and enhance liquidity across multiple blockchains, potentially increasing trading volume and user adoption. However, the platform’s advanced features also introduce complexities for tracking fund flows and meeting anti-money laundering (AML) requirements. The increased risk of illicit fund movement, coupled with more challenging compliance demands, dampens any clear bullish price momentum that would result purely from technological upgrades. Therefore, while the news underscores Bitget Swap’s leadership in cross-chain functionality, it is met with caution by the market, resulting in a neutral short-term and long-term view for the price action of associated tokens.