BTSE, a Dubai-based cryptocurrency exchange, has integrated MetaMask and WalletConnect via WalletConnect as a direct integration into deposits and withdrawals on exchanges. The integration is available to users starting October 20, 2020, at 15:00 UTC.
As BTSE continues to grow and adapt in the cryptocurrency space, progress and innovation will continue as the exchange marks full integration with the famous and leading decentralized MetaMask portfolio and the popular WalletConnect communication protocol.
It is the first crypto for non-decentralized exchange. It underlines the role of BTSE at the forefront of the industry where consumers can directly benefit from the platform mentality for exciting early implementations of technology.
Joining Forces With MetaMask and WalletConnect
MetaMask is one of the most popular decentralized portfolios in the crypto space and a pioneer for decentralized Finance (DeFi) consumers. The integration comes as DeFi gains significant leverage and returns the power of money to individuals.
MetaMask will integrate directly with the BTSE transfer system, so users can seamlessly link their MetaMask wallet to specific tokens (including the ERC-20) and make deposits and withdrawals instantly.
The WalletConnect integration with BTSE is the first crypto to provide access to mobile users. With over 90% of the world’s population using cellular technology, cellular connectivity makes perfect sense. It paves the way for other centralized crypto exchanges to follow in the footsteps of BTSE, which now ranks 9th in CoinGecko’s list of largest derivatives.
Jonathan Leong, CEO of BTSE, commented that it’s not just about integration with BTSE but about exchanging innovations that drive blockchain technology to push that innovation to new frontiers.
BTSE meets complex worldwide demand requirements with multiple derivative pairs, dozens of spot pairs – including stable coins from economically difficult times and smart but straightforward custody solutions such as storing 99% of all assets in a cold store. BTSE can also handle global scalability performance by processing more than one million requests per second.
Expanding the BTSE Realm
Portfolio integration is ideal for user interaction with crypto services while owning their finances. Since the launch more than a decade ago, cryptocurrency projects and coins have proven that individuals want to control their money.
WalletConnect uses secure connections to enable dApps environments such as portfolios on the one hand and services on the other. Hence, BTSE exchange is a service that consumers can use to bridge the gap to connect to the wallet they already have.
MetaMask hit 1 million users as DeFi has laid the cryptocurrency foundation for the wallet so far and the foreseeable future. Decentralized Finance has a comprehensive and robust list of features that make personal money management very attractive to MetaMask users. With BTSE’s institutional score matching mechanism to reach one million requests per second, the exchange can process the entire MetaMask user base at once.