Bitget Wallet Open Letter: From BitKeep to Bitget Wallet, What Has Changed and What Remains the Same
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Bitget Wallet Open Letter: From BitKeep to Bitget Wallet, What Has Changed and What Remains the Same
From BitKeep to Bitget Wallet, becoming the best Web3 trading wallet by offering users faster transactions and superior assets.
Navigating Web3 tides with focused insightsOn August 10, Web3 multi-chain wallet BitKeep officially completed its brand upgrade, rebranding as Bitget Wallet. The team released an open letter announcing a comprehensive update to its visual design and user interface, with a new vision of "faster transactions, better assets," aiming to become the most user-friendly Web3 trading wallet and deliver an exceptional on-chain trading experience.
Previously, cryptocurrency derivatives trading platform Bitget made an additional investment of $30 million in BitKeep, becoming its controlling shareholder.
Below is the full text of the open letter from the Bitget Wallet team:
"From BitKeep to Bitget Wallet: What's Changed and What Remains the Same"
In 2018, BitKeep was born from an ambitious vision: to enable anyone to easily enter the world of blockchain and digital assets. Recognizing the high barriers to entry for users, we chose to start with a wallet—building a seamless, feature-integrated platform that offers one-stop services to users.
Over five years of entrepreneurship through bull and bear markets, guided by a philosophy of co-creation between developers and users, we have actively incorporated community feedback and swiftly adapted to evolving market demands. We embraced decentralization alongside the Bitcoin community and seized opportunities during Ethereum-led DeFi summer. Carrying our DNA of openness and sharing, we proactively integrated into popular ecosystems, aggregated applications, and enabled cross-chain transactions. Through continuous product iteration and technological innovation, along with business model adjustments, we achieved exponential growth in both users and revenue. The breakout of NFTs and the metaverse further boosted platform traffic after we launched our NFT marketplace.
By diving deep into the industry and actively responding to each wave of change and new trends—while creating real value for the ecosystem—we may have uncovered the secret behind why millions of users have chosen us. After years of growth, BitKeep now serves over ten million users worldwide across 168 countries and regions, emerging as a key gateway for users exploring the Web3 world.
But we haven’t stopped here.
The Next Cycle: Mastering the Trading Wallet
BitKeep is undergoing a significant transformation. Since March 2023, cryptocurrency derivatives exchange Bitget has completed a $30 million capital increase and taken controlling stake in BitKeep, initiating a full integration of operations. With a comprehensive brand upgrade, BitKeep officially rebranded as Bitget Wallet on August 10.
From BitKeep to Bitget Wallet, our new mission is clear: to become the most user-friendly Web3 trading wallet, delivering faster transactions and superior asset management. Based on deep insights into core Web3 user needs, we introduce a new concept—WEX, or Wallet Exchange—a wallet-powered exchange centered around Swap functionality that connects all service lines within the wallet ecosystem. Users can now conduct asset management, interact with DApps, buy NFTs, stake, access Launchpad projects, and more—all directly within the wallet, without needing to switch platforms.
As a powerful DEX aggregator, our Swap function supports multiple trading modes and automatically recommends the best available prices through liquidity aggregation. We are committed to delivering seamless cross-chain experiences, leveraging technology to allow users to pay gas fees without requiring native mainnet tokens, enabling greater freedom and convenience in trading and asset allocation.
This upgrade marks a deep integration between BitKeep and Bitget. CeFi and DeFi are not mutually exclusive. By inheriting Bitget’s trading DNA and drawing on its expertise and experience, both teams can jointly consolidate premium resources and build a complementary, matrix-style ecosystem. Additionally, we now share Bitget’s $300 million User Protection Fund, providing enhanced security for user funds.
In this rapidly evolving industry, we remain true to our original mission. No matter how our business focus or product features evolve, we continue building essential infrastructure and meeting users’ real needs.
The Bitget Wallet Team
August 10, 2023
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