Bitget Wallet Climbs to Second Place in Crypto App Rankings, Rivals Binance

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CryptoNews2024/10/15 13:09

By:Shalini Nagarajan

Bitget Wallet said its integration with the TON ecosystem and Telegram contributed to its growth.

Last updated:

October 15, 2024 06:00 EDT

Bitget Wallet Climbs to Second Place in Crypto App Rankings, Rivals Binance image 0

Bitget Wallet saw nearly 6m downloads in September, becoming the second most downloaded crypto app worldwide. It now ranks just behind Binance, surpassing most Web3 wallets in new user growth, the team said Tuesday.

Further, the team added that it surpassed 40m users globally, more than doubling its user base since March 2024. This rapid growth positions Bitget Wallet as one of the fastest-growing decentralized wallets of the year.

Several key factors have contributed to Bitget Wallet’s rapid growth. Its user-friendly interface makes the platform accessible to beginners. The wallet also integrates various Web3 services, including asset management, swaps, crypto trading and staking.

It supports over 100 blockchains, over 20,000 DApps and millions of tokens.

Bitget Wallet Climbs to Second Place in Crypto App Rankings, Rivals Binance image 1

Image Source: Bitget Wallet

Bitget Wallet’s TON and Telegram Integration Boosts User Adoption

Bitget Wallet’s growth this year is also fueled through its integration with the TON ecosystem and Telegram. This allows users to access wallet services directly through the messaging app. In Q3, the wallet reported a 4886% increase in TON on-chain addresses.

Additionally, Bitget Wallet has expanded in emerging markets, simplifying crypto onboarding for newcomers. Its strongest user growth in Q3 came from Africa, with a 413% increase, followed by South Asia at 126% and the Middle East at 105%.

“By integrating with platforms like Telegram, we’re simplifying crypto adoption for mainstream users and creating tools that enable seamless interaction with decentralized platforms,” said Bitget Wallet CEOO Alvin Kan.

Bitget Wallet Rolls Out Tool for Meme Coin Enthusiasts

Last month, Bitget Wallet launched a trading tool aimed at meme coin enthusiasts, helping users identify coins with the potential for 100x returns. The MemeX platform’s key feature is its real-time discovery tool, which highlights and lists newly launched meme coins.

It showcases coins launched within the past 24 hours, sorted by their launch time for easy tracking.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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