Bitget Wallet Hits 20 Million Users, Emerges as Fourth Largest Global Web3 Wallet

The renowned web3 wallet, Bitget wallet, is celebrating a remarkable milestone as its global user base surpasses 20 million, ranking it the fourth largest wallet worldwide.

This achievement coincides with unveiling its platform token, BWB, alongside an engaging six-week BWB token airdrop campaign, garnering widespread acclaim within the global community.

Since its inception in May 2018, Bitget Wallet has been at the forefront of Web3 innovation, committed to providing every user equitable access to the Web3 universe. Through astute market insights and relentless product innovation, Bitget Wallet has experienced exponential user growth, marking a significant milestone in its five-year journey.

The strategic foresight exhibited during the 2020 DeFi Summer propelled Bitget Wallet to early adoption of DEX quotations, enhancing asset discovery and on-chain trading experiences. Subsequent expansions into NFT marketplaces and the metaverse further fueled its ascent.

As decentralized trading gained mainstream acceptance, Bitget Wallet pioneered Swap trading functionality, offering aggregated cross-chain DEX market data and facilitating gas-free transactions.

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In 2022, Bitget Wallet achieved a significant milestone with a $15 million Series A funding round led by Dragonfly Capital, valuing the platform at $100 million. A subsequent strategic investment of $30 million from Bitget Exchange further bolstered its valuation to $300 million.

Post-investment, Bitget Wallet underwent comprehensive brand enhancement and optimization of its Swap services, introducing cutting-edge features such as intelligent market data and Smart Money tracking. Today, its Swap trading volume consistently ranks in the top ten among all DeFi projects, showcasing its competitive edge.

Furthermore, Bitget Wallet’s ecosystem spans 168 countries and regions, boasting a diverse user base of over 20 million globally. Its ascent to the fourth position in global download rankings underscores its prominence in the wallet sphere.

With a shift towards community-centric narratives, Bitget Wallet has emerged as a pioneer in meme coin discovery and trading, attracting a dedicated user base. Its comprehensive infrastructure and advanced market analysis tools empower users to capitalize on emerging trends and opportunities efficiently.

Nonetheless, the launch of BWB affirms Bitget Wallet’s commitment to fostering a vibrant ecosystem. Notably, BWB is poised to play a central role in the wallet’s growth trajectory, unlocking new opportunities for users in the Web3 world.

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• Source: https://zycrypto.com/bitget-wallet-hits-20-million-users-emerges-as-fourth-largest-global-web3-wallet/