Bitget Wallet's Breakthrough Year: Leading the Web3 Revolution with Innovative Trading Features and Robust Security Upgrades in 2023 | News Direct

Bitget Wallet's Breakthrough Year: Leading the Web3 Revolution with Innovative Trading Features and Robust Security Upgrades in 2023

News release by Bitget

facebook icon linkedin icon twitter icon pinterest icon email icon Victoria, Seychelles | December 28, 2023 07:07 AM Eastern Standard Time


In 2023, the ascent of Web3 wallets gained momentum as several prominent exchanges launched their own versions. Among these, Bitget Wallet, the foremost world-leading Web3 trading wallet (formerly known as BitKeep Wallet), boasting a five-year legacy, emerged as a trailblazer in setting industry benchmarks. It has consistently achieved numerous firsts, establishing itself as the pioneer in offering a comprehensive view across all blockchains, aggregating real-time DEX market data, enabling cross-chain transaction interoperability, and introducing its dedicated NFT marketplace.

This week, Bitget Wallet unveiled its comprehensive annual review for 2023, shedding light on the remarkable milestones and accomplishments achieved throughout the year.

From BitKeep to Bitget Wallet, focusing on Web3 Trading

In 2023, Bitget Wallet underwent a major transformation. March marked a significant milestone with a $30 million funding injection from the Bitget trading platform, initiating mutual business integration. By August, the rebranding to Bitget Wallet was formalized, signifying a focused shift toward on-chain asset trading and a commitment to excellence in this domain.

"Trading and asset issuance have come to form a core aspect of Web3," Alvin Kan, Chief Operating Officer of Bitget Wallet says. Emphasizing the significance of trading, he continues that it has "emerged as one of the primary user demands and most effective platform entry point for value capture".

Bitget Swap supports nearly 30 public chains, aggregates liquidity from numerous mainstream DEXs and cross-chain bridges, empowering users to trade assets seamlessly across various blockchains within the wallet, with the help of intelligent real-time market data to assist users in making informed trading decisions.

This year, Bitget Swap underwent significant upgrades, upgrading the instant gas feature, including Gas-Free Transactions and the ETH gas station top-up features. Moreover, market analysis tools were also enhanced to allow users to track overall trends across all blockchains, Smart Money movements, and multi-faceted market rankings, offering early identification of promising investment opportunities. Diverse trading modes like limit orders and futures trading were also introduced, alongside the global launch of Quick Buy, the wallet's very own on-ramp feature.

Introduction of enterprise-level MPC Wallet, GetShield Security System

Bitget Wallet unveiled an enterprise-grade MPC "keyless" wallet this year, implementing an advanced Multi-Party Computation (MPC) solution to furnish users with secure and convenient Web3 wallet services. The introduction of the GetShield security system further fortified various functions and services within the platform, ensuring comprehensive, robust, and intelligent protection for every transaction or interaction scenario.

The GetShield security system covers risk token detection, contract detection, authorization detection, fraudulent address identification, anti-phishing mechanisms, DApp security ratings, and more, providing comprehensive all-round security measures that encompasses Bitget Wallet's entire product suite.

Bitget Wallet also supports hardware wallet connections, ensuring secure user possession of the private key. Rigorous security audits are conducted by teams like SlowMist and Certik for core codes, including Swap and NFT market protocols, while Flashbots integration further protects users against malicious MEV (Maximal Extractable Value) attacks.

With the upgrade from BitKeep to Bitget Wallet and leveraging Bitget's constructed security system and fund protection measures, Bitget Wallet shares in a $300 million risk protection fund with Bitget, fortifying its resilience against potential risks.

Gateway to Omnichain ecosystems, Task2Get Connects Users and Web3 Projects

Bitget Wallet is committed to the progressive integration of various blockchains, supporting over 90 chains to offer comprehensive Web3 services such as asset management and trading, real-time market data analysis, NFT Marketplace aggregation, DApp interaction, and more, offering seamless one-stop exploration of the Web3 world.

Bitget Wallet's collaborative efforts with numerous projects and developers resulted in the platform's increasing integration as the connecting wallet of choice on the official websites of leading projects spanning various sectors, including DEXs, cross-chain bridges, DeFi, and Metaverse. Airdrop activities were also organized with hundreds of these leading projects to provide users with an even more interactive and rewarding wallet experience as they traverse across Web3 with Bitget Wallet.

Moreover, the launch of the Web3 exploration incentive platform, Task2Get, serves a dual purpose - showcasing potential mainnets and projects to users while facilitating various task-based incentive activities in collaboration with popular entities. The Task2Get platform provides users with interaction-oriented benefits through intuitive interaction tutorials, regular interaction alerts, and convenient query functions, serving as an indispensable mobile tool for airdrop participation and maximization.

Serving 12 Millions of Global Users, Ranked 4th in User Downloads in Q4

Bitget Wallet's global user base has surpassed 12 million, ranking seventh globally in user numbers. Notably, in the fourth quarter of 2023, the wallet was ranked fourth globally by wallet downloads, affirming its consistent user growth and brand recognition across Web3.

In this rapidly-evolving industry, Bitget Wallet has remained steadfast in its commitment to enhancing infrastructure, consistently catering to authentic user requirements regardless of shifts in business focus or product features. By proactively embracing new trends and adapting to model changes, Bitget Wallet has consistently contributed significant value to the industry.

"Looking ahead to the upcoming year, Bitget Wallet will endeavour to seize opportunities that present themselves with each new asset and market narrative," Alvin says. "We will continue to enhance product capabilities and deliver high-quality on-chain asset services, assisting users in their Web3 exploration journey."

About Bitget Wallet (Web3 Trading Wallet)

Formerly known as BitKeep, Bitget Wallet stands as Asia's largest and global frontrunner among all-in-one Web3 trading wallets. We offer a comprehensive range of on-chain products and DeFi services to our users, including wallet functionality, Swap feature, NFT trading, DApp browsing, MPC Wallet and more.

With a 5-year legacy, Bitget Wallet has garnered acclaim from over 12 million users worldwide and has secured partnerships with prominent industry leaders including Bitcoin, Ethereum, TRON, BNB Chain, Solana, Base, and others. This success stems from our commitment to consistently delivering secure and convenient products and services.

In March 2023, Bitget, a leading crypto derivatives trading platform made a substantial $30 million investment in BitKeep, acquiring a controlling stake. Following this strategic move, BitKeep underwent a transformative and strategic brand evolution in August, officially rebranding itself as Bitget Wallet.

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