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Veronika Rinecker
Editor
Veronika Rinecker
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Bitget Wallet, a non-custodial Web3 wallet of the crypto exchange Bitget, has reached over 30 million users globally, marking a 150% year-over-year growth, according to the exchange’s announcement from Aug. 13.
According to CryptoRank, Bitget Wallet garnered over 1.6 million downloads across Google and Apple app stores in July 2024, eclipsing MetaMask’s 1.5 million downloads in the same period.
Expanding Globally
Especially in Asia, Bitget Wallet experienced “extraordinary growth”. Downloads in Japan, the Philippines, and Thailand surged approximately 20 times compared to the same period last year. Moreover, user growth rates in India, Vietnam, and Singapore exceeded 300%.
Over the past 6 years, Bitget Wallet has been laser-focused on global expansion:
🌍 Strong global reach in 168 countries 📈 20x growth in Asia compared to 2023 🇯🇵🇵🇭🇹🇭
🔥 Topping App download charts in Nigeria 🇳🇬
💥 Massive growth in the West 🇷🇺🇮🇹🇫🇷🇵🇹🇬🇧🇨🇦As our COO,… pic.twitter.com/pLLZzUu3Vq
— Bitget Wallet 🩵 (@BitgetWallet) August 13, 2024
The wallet has become particularly popular in Nigeria as well, outperforming established social media apps such as YouTube, Telegram, WhatsApp and TikTok in local app store rankings. According to Bitget’s press release, the platform has also gained significant traction in countries such as Russia, Italy, Sweden and Australia.
Focus on User Experience and Meme Coin Trading
Since surpassing 20 million users in March 2024, Bitget Wallet has seen a 50% increase in users in just four months. This surge in popularity can be attributed to the platform’s user-friendly interface, robust security features, and wide range of supported cryptocurrencies, blockchain networks, and decentralized applications (DApps).
Additionally, Bitget Wallet offers various features for meme coin trading, such as smart money tracking on Solana (SOL) and Ethereum Layer-2 chain Base, automatic slippage adjustments, zero gas fees, and instant trading, making Bitget Wallet a go-to platform for meme coin traders.
In July 2024, Bitget Wallet launched a multi-party computation (MPC) wallet solution compatible with the TON mainnet, allowing users to perform token exchanges within the TON network and acquire TON tokens through various fiat on-ramps. This support has also led to significant transaction volume on the platform, with TON surpassing more established blockchains in usage in July.
Educational Initiatives
Bitget was founded in 2018, and since then the crypto exchange has been promoting crypto adoption and education globally. The exchange collaborates with the University of Zurich in Switzerland to support the university’s renowned “Deep Dive Into Blockchain” summer school program. The university’s UZH Blockchain Center, established in 2019, houses a team of 65 international researchers dedicated to blockchain innovation.
In 2023, Bitget allocated $10 million over five years for its corporate social responsibility project “Blockchain4Youth,” which offers blockchain courses and certifications through Bitget Academy and hosts campus lectures in partnership with universities around the world.
Celebrating 1⃣ year of #Blockchain4Youth! 🎉
In the past year, we’ve collaborated with universities and youth associations worldwide, hosting over 50 campus lectures and engaging more than 6000 young talents in the blockchain space.
🙌 Here’s to more years of empowerment! Join… pic.twitter.com/4XxQWFEscI
— Bitget (@bitgetglobal) May 6, 2024
Bitget’s commitment to education is complemented by its robust platform performance. In July, the crypto exchange expanded its token offerings, listing 29 new assets, bringing the total to 872. The platform’s trading volume surged to $204.3 billion, marking a 7.2% monthly increase. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) dominated the top 10 cryptocurrencies by trading volume, followed by Solana and Pepecoin (PEPE).
