Bridge Trust Launches Trading Feature with Bridge Vault
Bridge Trust has introduced a new trading feature that allows users to access both decentralized exchanges (DEXs) and in-house liquidity within its custodial wallet, Bridge Vault. This feature aims to provide a safe and convenient crypto-for-crypto trading experience, addressing the challenges of moving funds out of a cold wallet before trading and the risk of slippage in volatile markets. Bridge Vault offers real-time quotes from multiple providers, including a native Uniswap integration and zero-slippage Bridge Trades. The company prioritizes user security and aims to be a usable custody solution for both retail and institutional clients.
Main Breakdowns:
- Bridge Trust launches trading feature in Bridge Vault
- Trading crypto-for-crypto can be clunky and inconvenient
- Bridge Vault combines the best parts of existing trading alternatives
- Real-time quotes from multiple providers and native Uniswap integration
- Zero-slippage Bridge Trades for a safer trading experience
Louis DeRose, VP of Finance at Bridge Trust, explains that the company wanted to create a secure and user-friendly custodial wallet that offers both decentralized and centralized options for same-chain and cross-chain trades. The Bridge Vault is currently available to U.S. residents (excluding New York) and supports over 90 same-chain and cross-chain pairs, including BTC, ETH, USDT, USDC, and SOL.
Bridge Trust, regulated by the Nevada Financial Institutions Division, aims to provide enterprise-grade custody services for retail and institutional customers. The company is backed by leading institutional investors and plans to integrate more DeFi platforms and trading pairs in the future.
Hot Take:
Bridge Trust’s launch of the trading feature in Bridge Vault offers crypto traders a safer and more convenient way to perform crypto-for-crypto trades. By combining the best parts of existing trading alternatives and providing real-time quotes and zero-slippage trades, Bridge Trust aims to enhance the trading experience for its users. With its focus on user security and its plans for further integrations and trading options, Bridge Trust is positioned to become a trusted custodial solution for both retail and institutional clients.