Bitget Wallet has published its annual balance sheet for 2023, highlighting the key points that have led it to surpass 12 million users worldwide.
Summary
Bitget Wallet and its 2023 annual balance: rebranding as transformation
Bitget Wallet, Web3 trading wallet with five years of activity, has published its annual balance for 2023, shedding light on the milestones achieved.
“Let’s pop the champagne, 2023 has been an extraordinary year for #BitgetWallet! Brand update, multi-chain ecosystem, MPC Wallet, Task2Get, GetShield Security, and much more! Join us for an even more exciting 2024 as we together seize new resources and market trends.”
Among the various highlights of this 2023 budget, the first one that Bitget Wallet describes is its rebranding, which has inaugurated its transformation into a Web3 wallet, focused on trading.
And indeed, this rebranding in Bitget Wallet was initially launched in March, with a $30 million funding, and then formalized in August.
In this regard, Alvin Kan, Chief Operating Officer of Bitget Wallet, has now stated:
“Trading and asset issuance have become a fundamental aspect of Web3. [Trading] has emerged as one of the main user demands and the most effective entry point into the platform for value acquisition.”
The highlights of 2023
Bitget Wallet has succeeded, in this 2023, in its mission to offer a complete view of all blockchains, aggregating real-time DEX market data and enabling cross-chain transaction interoperability. Not only that, the Web3 wallet has also introduced its dedicated NFT marketplace.
Specifically, in fact, Bitget Swap now supports almost 30 public chains, aggregates liquidity from numerous mainstream DEXs and cross-chain bridges, allowing users to seamlessly exchange assets between different blockchains within the wallet.
Not only that, users are also assisted by improved market analysis tools, in order to identify promising investment opportunities early on.
On the platform, several different trading modes have also been introduced, such as limit orders and futures trading, in addition to the global launch of Quick Buy, the wallet access feature.
Other introductions that have taken place in this 2023 are, then, the enterprise-level “keyless” MPC wallet and the GetShield security system.
In addition, Bitget Wallet shares with Bitget a 300 million dollar risk protection fund, strengthening its resilience against potential risks. In August, this protection fund had reached its record with over 368,000$.
Bitget Wallet conquers 12 million users worldwide and ranks 7th
Another achievement in 2023 for Bitget Wallet is precisely its global user base, which now exceeds 12 million.
And indeed, thanks to this result, Bitget Wallet is in seventh place globally in terms of number of users.
In particular, in the fourth quarter of 2023, the portfolio ranked fourth globally in terms of number of downloads, confirming the steady growth of users and brand recognition throughout the Web3.
With these numbers, Alvin Kan has suggested the vision for Bitget Wallet in 2024 as follows:
“Looking ahead to next year, Bitget Wallet will strive to seize the opportunities that arise with each new asset and each new market narrative. We will continue to improve the product’s capabilities and provide high-quality services on chain assets, assisting users in their journey of exploring Web3.”
