Bitso, a leading crypto platform in Latin America, has announced the launch of Bitso Onchain—a new decentralized exchange (DEX) providing access to over 17,000 tokens across 14 blockchains.
Launch of Bitso Onchain
Bitso Onchain is announced as part of the company's strategic expansion into decentralized finance. The platform is currently in closed beta testing and allows users to trade without gas fees.
Key Features of the Platform
Some of the key features of Bitso Onchain include:
* **Seamless Self-Custody:** Email authentication with secure wallet infrastructure, no seed phrases required. * **Complete Token Access:** Over 17,000 tokens across Ethereum, Solana, and other blockchains. * **Zero Transaction Fees:** All fees covered by Bitso. * **Instant Cross-Chain Trading:** Direct swaps between any supported blockchain in partnership with Li.fi. * **Rewards:** Tokens and XP through referrals, quests, and weekly challenges.
Future Prospects and Plans
Bitso plans a full public launch set for September 2025. During the closed beta phase, users can participate in reward programs and receive additional cashback for new referrals. Advanced discovery tools and enhanced trading products are also slated for introduction by the time of the full launch.
The launch of Bitso Onchain marks a significant step towards making decentralized finance accessible to a broader audience, allowing users to easily find and trade tokens without traditional barriers.