Bitget Wallet 2023 Year in Review: Brand Upgrade and Web3 Trading
TechFlow Selected TechFlow Selected
Bitget Wallet 2023 Year in Review: Brand Upgrade and Web3 Trading
In a rapidly evolving industry, Bitget Wallet remains true to its original mission, building solid infrastructure to serve users' real needs and actively responding to each new wave of disruption and model transformation.
Navigating Web3 tides with focused insights
2023 has been a year full of variables: accelerated progress on Bitcoin spot ETFs, rising adoption of crypto payments, and increasingly stringent regulatory environments for crypto companies...
From BLUR and ARB igniting a year-long airdrop frenzy to Bitcoin inscriptions rewriting the narrative of asset issuance, from Solana rebounding from its lows to set new highs throughout the year, to Ethereum upgrades fueling the Layer 2 boom—we’ve witnessed the market gradually emerging from a deep bear cycle.
Competition among exchanges is also shifting. With many platforms recognizing decentralized asset management and trading as a future trend, numerous centralized exchanges have launched their own Web3 wallet products. As the wallet赛道 grows stronger, dominance is beginning to tilt from CEXs toward DEXs.
Amid these changes, we’ve noticed that Bitget Wallet has quietly defined the latest standard for today’s Web3 wallets: the first wallet built with a cross-chain perspective, the first to aggregate DEX market data, the first to enable seamless cross-chain trading, and the first to support NFT marketplaces...
As 2023 draws to a close, we’re excited to share Bitget Wallet’s key milestones and achievements this year. Throughout 2023, Bitget Wallet continuously improved its product based on user needs and market trends, introduced new features, established standards for Web3 wallets, and actively collaborated with industry partners to build a robust wallet ecosystem.
From BitKeep to Bitget Wallet: Setting a New Direction for Web3 Trading
In 2023, Bitget Wallet underwent a significant transformation. In March, it received a $30 million capital increase and majority investment from the Bitget exchange, initiating a strategic integration between the two platforms. Then in August, it officially rebranded from BitKeep to Bitget Wallet—marking the beginning of a new strategic direction focused on on-chain asset trading.
Chief Operating Officer Alvin Kan shared his outlook on the competitive landscape: “We believe that in the future, many dApps will come with built-in wallet functionality rather than relying on external wallet connections. To stand out, we’ve chosen to focus specifically on trading.” Indeed, Web3 traffic is inherently tied to trading activity, and the industry’s core value lies in asset issuance and trading—making trading one of the most critical user needs today.
With the goal of becoming “the most user-friendly trading wallet,” Bitget Wallet has taken its Swap function to the extreme, supporting nearly 30 public chains and aggregating liquidity from hundreds of major DEXs and cross-chain bridges—delivering a trading experience comparable to centralized exchanges.
This year, Bitget Swap enhanced features like Gas borrowing and the ETH Gas Station, enabling users to trade across chains without worrying about gas fees. It also upgraded its market data capabilities by integrating cross-chain trends, smart money tracking, and multi-dimensional market rankings, helping users identify investment opportunities earlier. Beyond market orders, Bitget Swap introduced limit order trading and rolled out Quick Buy—a fast and simple cryptocurrency purchase service—available globally.
Launching Enterprise-Grade MPC Wallet and the GetShield Security Framework
To address the industry-wide challenge of securely managing seed phrases and private keys, Bitget Wallet launched an MPC "keyless" wallet this year, adopting the highest technical standards available. This feature also aims to lower the barrier to entry for new users. “For crypto and Web3 to go mainstream and achieve mass adoption, solutions like MPC wallets and AA wallets are essential steps forward,” added Alvin. Similarly, Bitget Wallet implemented AA (Account Abstraction) smart contract wallet functionality on Starknet this year.
Bitget Wallet also established the GetShield security framework, integrated across all product features and services to ensure safety in every transaction and interaction. This includes comprehensive protection against phishing and fraud through risk token detection, contract analysis, approval monitoring, fraudulent address identification, anti-phishing mechanisms, and DApp security ratings. On the wallet security front, in addition to MPC and AA wallets, Bitget Wallet supports hardware wallet connectivity, completed audits of core protocols including Swap and NFT marketplace contracts, and integrated Flashbots into transactions to prevent malicious MEV attacks.
Following the transition from BitKeep to Bitget Wallet, the platform now benefits from Bitget’s broader security infrastructure and financial safeguards, sharing access to a $300 million insurance fund that strengthens its resilience against risks.
Building a Multi-Chain Ecosystem Gateway: Task2Get Becomes Essential for Airdrop Participation
True to Web3’s open and collaborative spirit, Bitget Wallet has continuously expanded its ecosystem, integrating over 90 popular public chains. It not only bridges users with trending assets and blockchain ecosystems but also serves as a one-stop gateway to the Web3 world, offering comprehensive services including token management and trading, real-time market data, NFT markets, and DApp interactions.
This year, more and more project teams and developers have reached out to Bitget Wallet, integrating wallet support and co-hosting various ecosystem engagement campaigns. The Bitget Wallet gateway is now widely featured on the official websites of leading projects across DEXs, cross-chain bridges, DeFi, and metaverse platforms.
“Airdrops” are now widely recognized as wealth-creation opportunities, and participation is no longer limited to desktop devices. Bitget Wallet’s Web3 exploration and rewards platform, Task2Get, has become an essential mobile tool for airdrop hunters. Meanwhile, airdrop incentive campaigns hosted with major blockchains and projects are increasingly aggregated and showcased on Task2Get.
Global Growth Ranks Among Top Four, Serving Over Ten Million Users
This year, Bitget Wallet surpassed 12 million global users, ranking seventh in user base size within the wallet category. Notably, during Q4, it ranked fourth globally in download and installation volume, reflecting growing user engagement and recognition.
Looking ahead to 2024, Alvin Kan shared his vision: “New assets and new narratives bring new opportunities. We will seize every wave brought by emerging assets and stories, continue strengthening our product capabilities, offer richer on-chain assets, and deliver more powerful on-chain trading services to help users explore and thrive in the Web3 world.”
In this rapidly evolving industry, Bitget Wallet remains committed to its mission—building solid infrastructure, addressing real user needs, proactively adapting to each new wave and paradigm shift, and creating genuine value for the entire ecosystem.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
@BitgetWallet
