Spark & Magic Eden Team Up to Revolutionize Bitcoin Trading
Spark and Magic Eden are joining forces to revolutionize Bitcoin-native asset trading. Starting May 26th at BitGala, users can buy, sell, and earn assets more efficiently through Spark's infrastructure, with stablecoin-to-BTC swaps leading the way.
Spark, built entirely on Bitcoin's base layer, offers transaction finality in under a second and fees below one cent. This collaboration with Magic Eden aims to address slow transaction times, high fees, and poor user experience in Bitcoin trading.
Magic Eden's CEO, Jack Lu, sees great potential in BTC DeFi. By integrating with Spark, they aim to make Bitcoin fast, fun, and accessible. The integration will introduce a native settlement system for faster, more cost-effective transactions without using bridges or synthetic assets. Lightspark's CEO & Co-founder, David Marcus, shares this excitement and welcomes Magic Eden's contribution to on-chain Bitcoin DeFi directly on Spark.
The partnership between Spark and Magic Eden marks a significant step towards improving Bitcoin trading. Starting at BitGala, users can look forward to more efficient, faster, and cost-effective transactions. Both companies are committed to enhancing the Bitcoin ecosystem.
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