Web3 wallet Bitget Wallet surpasses 20 million users, ranking fourth globally
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Web3 wallet Bitget Wallet surpasses 20 million users, ranking fourth globally
Bitget Wallet has been committed to building robust Web3 infrastructure, aiming to provide every user with equal and open access to the Web3 world.
Navigating Web3 tides with focused insights
Asia's largest Web3 wallet, Bitget Wallet, has recently announced its latest user data, surpassing 20 million users and ranking fourth globally. This week, Bitget Wallet unveiled plans for its platform token BWB and launched a six-week BWB points airdrop campaign, drawing significant community attention.
Explosive Growth Driven by Product Innovation
Since its inception in May 2018, Bitget Wallet has been committed to building robust Web3 infrastructure, aiming to provide every user with equal and open access to the Web3 world. With sharp market insights and continuous investment in product innovation, Bitget Wallet has achieved explosive user growth over the past five years.
During the DeFi boom of 2020, Bitget Wallet was among the first to launch DEX market data features, significantly enhancing users' experience in discovering and trading on-chain assets, attracting widespread attention. As NFTs and the metaverse gained mainstream popularity, Bitget Wallet launched an NFT marketplace, further boosting traffic. With decentralized trading becoming increasingly mainstream, Swap functionality has become a core feature of Bitget Wallet. It was also the industry’s first wallet to aggregate cross-chain DEX market data and enable gas-free cross-chain transactions. Innovations and optimizations to its Swap product over the past two years have been a key driver of user growth.
In 2022, Bitget Wallet secured $15 million in Series A funding at a $100 million valuation, led by Dragonfly Capital. The following year, it received a $30 million investment from Bitget—one of the world’s top ten centralized exchanges and top five derivatives exchanges—raising its valuation to $300 million.
Following this investment, Bitget Wallet underwent a brand upgrade and comprehensive optimization of its Swap service, introducing innovative features such as smart market analytics and SmartMoney tracking. Its Swap trading volume consistently ranks among the top ten DeFi projects, often matching or even surpassing MetaMask.
Beyond optimizing Swap trading, Bitget Wallet has introduced products like Launchpad and Earn Center to help users discover new assets and opportunities. Today, in terms of product scope and ecosystem development, Bitget Wallet has evolved beyond a simple wallet into a decentralized ecosystem platform encompassing DEX, smart market data, Launchpad, inscription platforms, NFT markets, and Web3 task platforms.
Its comprehensive, one-stop suite of products and services gives Bitget Wallet a stronger appeal compared to other wallets, accelerating its rapid development.
In 2022, Bitget Wallet reached 15 million users across 168 countries and regions including Asia, Europe, and North America. In Q4 2023, it ranked fourth globally in downloads. It has now surpassed 20 million total users, securing its place among the world’s top four wallets.
Prioritizing User Needs: Focus on New Assets and Emerging Opportunities
Over the past year, the industry narrative has shifted from capital-driven stories to community-driven movements, with the rise of meme coins serving as a key indicator. In meme coin discovery and trading, Bitget Wallet is an industry leader, and many users have become loyal fans due to its functional advantages in the meme sector.
This leadership stems from strong infrastructure support, such as providing intelligent market analysis tools—including cross-chain trend analysis, multi-dimensional market rankings, and SmartMoney tracking—covering 100 major public chains, aggregating liquidity from hundreds of leading DEXs and cross-chain bridges, and pioneering gas-free trading and automatic slippage settings. These features empower users to discover and trade these tokens earlier and more easily.
More importantly, the strategic direction of the Bitget Wallet team plays a crucial role. According to COO Alvin, the team has placed a strong emphasis on “new assets” and “emerging opportunities.”
An analysis reveals that whether it’s supporting and integrating new public chains, listing and enabling trading for new tokens, launching the Launchpad platform, or introducing inscription functionality—all initiatives revolve around “new assets” and “emerging opportunities.” Helping users identify and seize these opportunities to earn greater returns in Web3 is both Bitget Wallet’s strategic direction and growth engine.
Currently, Bitget Wallet has announced the launch of its ecosystem token BWB. The official statement indicates that BWB is central and pivotal to the entire Bitget Wallet ecosystem. Following its milestone of surpassing 20 million users, Bitget Wallet’s next phase of growth may be closely tied to BWB.
About Bitget Wallet
Bitget Wallet is Asia’s largest and a globally leading all-in-one Web3 trading wallet, with over 20 million users worldwide. Its product suite includes wallet services, smart market data, Swap trading, Launchpad, inscriptions, and a DApp center. It currently supports over 100 major public chains, hundreds of EVM-compatible chains, and more than 250,000 cryptocurrency assets. By aggregating liquidity from hundreds of major DEXs and cross-chain bridges, it enables seamless trading across more than 40 chains.
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