KEYTAKEAWAYS
- Bitget Wallet reaches 30 million users, doubling its user base in under a year.
- Record-breaking 1.7 million app downloads in July 2024, surpassing Metamask's growth.
CONTENT
The wallet’s user base doubled in less than a year, with record-breaking app downloads surpassing industry giants. Memecoin trading features, TON ecosystem integration, and the BWB token launch have been key factors in this remarkable expansion.
Bitget Wallet, a leading cryptocurrency wallet provider, has achieved a significant milestone by reaching 30 million users, effectively doubling its user base in less than a year. This rapid growth has been fueled by several key factors, including advanced on-chain trading capabilities for memecoins, integration with the TON ecosystem, and the launch of the BWB token.
🚀 Big news! #BitgetWallet now has over 30 million users globally, a 50% jump since Q1!
🎉 And in July, we hit 1.65 million app downloads, surpassing #MetaMask!
📲 We want to say a big thank you for all of your support and making this milestone possible
💪 Dive into our… pic.twitter.com/4SdLzMTp52— Bitget Wallet 🩵 (@BitgetWallet) August 13, 2024
>> CoinRank x Bitget – Sign up & Trade to get $20!
In July 2024, Bitget Wallet set a new record for global app downloads, surpassing even industry giant Metamask. With over 1.7 million downloads, the wallet experienced a staggering 140% growth from the previous month. This surge in popularity can be attributed to Bitget Wallet’s innovative features and its ability to cater to emerging market trends.
Top 10 Mobile Crypto Wallets by Downloads in July@BitgetWallet – 1.6M@MetaMask – 1.5M@Phantom – 667K@CoinbaseWallet – 475K@iSafePal – 157K@solflare_wallet – 156K@exodus_io – 133K@Uniswap – 116K@keplrwallet – 12K@rainbowdotme – 11K pic.twitter.com/wlWU3DET1W
— CryptoRank.io (@CryptoRank_io) August 13, 2024
The platform’s advanced on-chain trading capabilities, particularly for memecoins, have played a crucial role in attracting new users. In 2024, Bitget Wallet established itself as one of the top wallets in the memecoin ecosystem, offering features such as smart money tracking on Solana and Base chains, automatic slippage adjustments, zero gas fees, and an instant trade mode.
Another significant driver of growth has been the TON ecosystem, which has gained substantial traction on the platform. TON has become the most transacted network on Bitget Wallet, surpassing established public chains like Polygon, Arbitrum, and BNB Chain.
The recent launch of the BWB token has also contributed significantly to the wallet’s expansion. BWB serves multiple roles within the Bitget Wallet ecosystem, including community governance, staking, and gas fee payments across various chains. Its introduction has increased user engagement and broadened the platform’s reach, particularly in key markets such as Japan and Nigeria.
Geographically, Bitget Wallet has seen remarkable growth rates in Europe, North America, and Oceania. Countries like Russia, Italy, Sweden, and Australia experienced growth rates exceeding 40 times compared to the previous year. In France, the UK, Turkey, and Canada, user numbers surged by over 1,000%.
>> CoinRank x Bitget – Sign up & Trade to get $20!
🎉 #Bitget x CoinRank: 10,000 USDT Prize!
💰 Complete tasks to WIN 10,000 USDT!
⏰ Duration: AUG 6 – AUG 20🔗 Use our referral link:https://t.co/sFuIprRDa1
👉Sign up & Get 20 USDT, clock in your trades for a chance to win 10,000 USDT!
👉Follow us on X & FB & TG and interact… pic.twitter.com/uPF2H56Mgk— CoinRank (@CoinRank_io) August 6, 2024
Alvin Kan, COO of Bitget Wallet, emphasized that this global expansion demonstrates the platform’s ability to adapt to diverse markets and meet users’ growing demands worldwide. He reiterated the company’s commitment to expanding its market presence and driving the entire industry forward.
Bitget Wallet’s growth aligns with broader trends in the decentralized finance (DeFi) ecosystem. According to DappRadar, Web3 application users reached a record high in Q2 2024, with daily unique active wallets hitting 10 million, representing a 40% increase from Q1.
Despite this significant growth, Kan acknowledged that one of the main challenges in the Web3 space is the complexity of user experience (UX) and user interfaces (UI). To address this, Bitget Wallet has introduced several features to enhance user experience, including the integration of a Multi-Party Computation (MPC) wallet, which simplifies the wallet creation and management process.
As Bitget Wallet continues to innovate and expand, it remains focused on making Web3 more accessible and user-friendly, paving the way for wider adoption of decentralized technologies.
>> Also read:
- Toncoin: Telegram’s Cryptocurrency
- TON Blockchain: Top 3 Non-Gaming Projects in 2024 – Ston.fi, Moons.so, TonGifts
