Mon, September 16

Bitget Wallet Outpaces MetaMask with 1.7M Downloads in July

Bitget Wallet Outpaces MetaMask with 1.7M Downloads in July Market News
  • Bitget Wallet achieved a record 1.7M downloads, a 140% increase from June.
  • BWB token integration boosted user engagement and expanded global reach significantly.

In July 2024, Bitget Wallet achieved a record-breaking 1.7 million global app downloads, surpassing MetaMask’s growth for that month. This represents a significant 140% increase from the previous month, propelled by the platform’s advanced on-chain trading features, particularly for meme coins. Bitget Wallet’s prominence in the meme coin sector is notable, offering functionalities such as smart money tracking on Solana and Base chains, automatic slippage adjustment, zero gas fees, and instant trade modes.

Moreover, the introduction of the BWB token has also contributed to the wallet’s expansion, serving roles in community governance, staking, and gas fee payments. The BWB token’s integration has enhanced user engagement and extended the platform’s reach, especially in markets like Japan and Nigeria.

Meanwhile, the TON ecosystem has emerged as the most transacted network on Bitget Wallet, outpacing established chains such as Polygon, Arbitrum, and BNB Chain. The wallet’s growth is particularly pronounced in Europe, North America, and Oceania, with countries such as Russia, Italy, Sweden, and Australia experiencing over 40-fold increases compared to the previous year. France, the UK, Turkey, and Canada have also seen the user numbers rise by over 1,000%.

Dominant Presence Established Across Asia

Bitget Wallet’s rapid growth, from one million to 30 million users since its March launch, underscores its rising prominence in the DeFi sector. It has made significant inroads in Asia and Africa, with user bases in Japan, the Philippines, Thailand, India, Vietnam, and Singapore expanding markedly. Nigeria, in particular, has become a leading market for the wallet.

Despite this growth, Bitget Wallet COO Alvin Kan acknowledges ongoing challenges in Web3, particularly in improving user experience. He emphasizes the need for user interfaces and experiences comparable to those of Web2 applications to attract and retain users, reflecting the broader challenge of simplifying Web3 interactions for mainstream adoption.

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