Bitget Wallet Rises to the Most Downloaded Web3 Wallet, Outlining Roadmap for Social and Payment Integrations

[PRESS RELEASE – Victoria, Seychelles, September 26th, 2024]

Bitget Wallet, a main Web3 non-custodial wallet, has surged to develop into the most downloaded globally, reaching nearly 2 million monthly app downloads in August, in accordance to App Store and Google Play information. The platform now boasts over 30 million users globally, fueled by its mission to simplify Web3 access for the subsequent billion users. In the course of the TOKEN2049 conference, Bitget Wallet unveiled its roadmap for expanding mass adoption of blockchain technology, specializing in integration with Web2 social platforms and a streamlined price resolution.

A key driver of Bitget Wallet’s explosive growth has been its deep integration with Web2 social platforms, in particular Telegram. By enabling users to assemble and space up Web3 wallets using familiar logins like e-mail, Google, and Telegram by keyless MPC (Multi-Party Computation) technology, the platform has vastly diminished the entry barrier to Web3. “Leveraging Telegram’s massive user wicked has been a sport-changer. We’ve introduced thousands and thousands of users into Web3 who previously had no publicity to crypto”. talked about Alvin Kan, COO of Bitget Wallet. This seamless experience has led to a 2.7x amplify in its MPC wallet introduction, with over 40% of Bitget Wallet’s users now adopting TON-supported MPC wallets.

Bitget Wallet’s growth has been bolstered by its all-rounded involvement in the TON ecosystem, the put standard Faucet to Make (T2E) Telegram mini games on TON community comprise pushed important user engagement. Tomarket, for instance, attracted 20 million users in proper two months. Bitget Wallet’s cell-first manner has proven in particular effective, with 68% of TON sport users now using the wallet app. Consequently, Bitget Wallet has contributed over 17% of all active addresses on the TON community.

To further onboard Web2 users, Bitget Wallet is making ready to roll out a price resolution that can enable users to seamlessly convert crypto into fiat and exercise crypto straight faraway from their wallets on day after day purchases, all whereas keeping plump self-custody of their property. “Our purpose is to blur the traces between Web2 and Web3, starting with funds,” Kan defined. “By offering crypto-to-fiat conversion straight away within self-custodial wallet, we’re enabling users to exercise crypto as without complications as fiat, which is predominant to driving broader adoption.”

Going forward, Bitget Wallet can even focal level on fueling the growth of the broader Web3 ecosystem by partnering with main networks like Bitcoin, Ethereum, Solana, Crude, and TON. These collaborations, blended with sturdy incentive structures and an all-in-one platform that helps all the things from swaps, likely earning, procuring and selling and multi-chain Dapp explorer, are designed to power users’ lengthy-term engagement.

“We’re constructing an ecosystem the put each and every users and developers can thrive, aiming at developing seamless experiences that take care of users engaged in the future whereas driving the adoption of decentralized applications,” talked about Kan.

Business About Bitget Wallet

Bitget Wallet stands as one of the world’s main non-custodial Web3 wallets and decentralized ecosystem platform. With the Bitget Onchain Layer, the wallet is effectively-poised to assemble a burgeoning DeFi ecosystem by co-introduction and strategic incubation. Other than an spectacular Swap purpose, Bitget Wallet also gives multi-chain asset management, excellent money insights, a native Launchpad, Inscriptions Middle, and an Incomes Middle. Supporting over 100 main blockchains, 250,000+ tokens, and a large vary of DApps, Bitget Wallet is your top wallet for asset discovery and Web3 exploration.

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