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Ascent of Web3 in 2023: How Did Bitget Wallet Fare?
HomeNewsAscent of Web3 in 2023: How Did Bitget Wallet Fare?

Ascent of Web3 in 2023: How Did Bitget Wallet Fare?

Daniela Kirova
Daniela Kirova
December 28th, 2023
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  • BitKeep rebranded to Bitget Wallet after a $30 million funding initiative
  • Bitget Swap supports 30 public chains, aggregates liquidity from many mainstream DEXs
  • GetShield security system covers risk token and authorization detection

In 2023, the ascent of Web3 wallets continued as several prominent exchanges launched their own versions. Among these, Bitget Wallet emerged as a trailblazer in industry benchmarks. It has consistently achieved numerous firsts, establishing itself as the pioneer in offering a comprehensive view across all blockchains, aggregating real-time DEX market data, enabling cross-chain transaction interoperability, and introducing its dedicated NFT marketplace.

From BitKeep to Bitget Wallet, focusing on Web3 trading

In 2023, Bitget Wallet underwent a major transformation. March marked a significant milestone with a $30 million funding injection from the Bitget trading platform, initiating mutual business integration. By August, the rebranding to Bitget Wallet was formalized, signifying a focused shift toward on-chain asset trading and a commitment to excellence in this domain.

Bitget Swap supports nearly 30 public chains, aggregates liquidity from numerous mainstream DEXs and cross-chain bridges, empowering users to trade assets seamlessly across various blockchains within the wallet, with the help of intelligent real-time market data to assist users in making informed trading decisions.

Introduction of enterprise-level MPC Wallet, GetShield

Bitget Wallet unveiled an enterprise-grade MPC "keyless" wallet this year, implementing an advanced Multi-Party Computation (MPC) solution to furnish users with secure and convenient Web3 wallet services. The introduction of the GetShield security system further fortified various functions and services within the platform, ensuring comprehensive, robust, and intelligent protection for every transaction or interaction scenario.

The GetShield security system covers risk token detection, contract detection, authorization detection, fraudulent address identification, anti-phishing mechanisms, DApp security ratings, and more, providing comprehensive all-round security measures that encompass Bitget Wallet's entire product suite.

Gateway to omnichain ecosystems

Bitget Wallet is committed to the progressive integration of various blockchains, supporting over 90 chains to offer comprehensive Web3 services such as asset management and trading, real-time market data analysis, NFT Marketplace aggregation, DApp interaction, and more, offering seamless one-stop exploration of the Web3 world.

Moreover, the launch of the Web3 exploration incentive platform, Task2Get, serves a dual purpose - showcasing potential mainnets and projects to users while facilitating various task-based incentive activities in collaboration with popular entities. The Task2Get platform provides users with interaction-oriented benefits through intuitive interaction tutorials, regular interaction alerts, and convenient query functions, serving as an indispensable mobile tool for airdrop participation and maximization.

Serving 12M global users

Bitget Wallet's global user base has surpassed 12 million, ranking seventh globally in user numbers. Notably, in the fourth quarter of 2023, the wallet was ranked fourth globally by wallet downloads, affirming its consistent user growth and brand recognition across Web3.

In this rapidly-evolving industry, Bitget Wallet has remained steadfast in its commitment to enhancing infrastructure, consistently catering to authentic user requirements regardless of shifts in business focus or product features. By proactively embracing new trends and adapting to model changes, Bitget Wallet has consistently contributed significant value to the industry.

Contributors

Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.