Bitget Wallet Reaches 30 Million Users, Sets New Record by Surpassing MetaMask in July Downloads

BY
Sean Millare
/
Aug 15, 2024

Bitget Wallet has announced two significant milestones — reaching 30 million users and achieving a record number of global app downloads in July 2024, surpassing MetaMask to become a leading Web3 wallet.

Source: Bitget post on X

Since surpassing the 20 million user mark in March, Bitget Wallet has experienced an impressive 50% growth in just four months, solidifying its position in the global cryptocurrency wallet market. 

This achievement reflects a remarkable 150% increase in users compared to the same period last year. With total downloads on the App Store and Google Play Store reaching 1.7 million in July 2024 — a 140% increase from June — the wallet is poised to maintain its momentum in the Web3 space.

Global download ranking of Web3 wallets in July 2024

Pioneering Innovation and Achieving Global Market Leadership with 30 Million Users

Founded in 2018 as BitKeep, Bitget Wallet has been a pioneer in making blockchain and digital assets accessible through its innovative "platform-style" wallet model. The company has achieved significant milestones by introducing multi-chain aggregation, on-chain token charts, cross-chain transactions, and NFT market integration. 

In 2023, following a brand upgrade and deeper integration with Bitget Exchange, Bitget Wallet focused on on-chain asset trading, leading to a remarkable surge in Swap transaction volume that surpassed MetaMask by March 2024. Moreover, the wallet expanded its trading services, introduced advanced features like smart market rankings, and launched the BWB token, enhancing user engagement and rights within its ecosystem.

As of 2024, Bitget Wallet has also reached a remarkable milestone of 30 million global users, reflecting its successful international expansion strategy. The wallet is now utilized in 168 countries, showcasing its strong market presence across all continents. In Asia, downloads have surged significantly, with countries like Japan, the Philippines, and Thailand experiencing a 20-fold increase, while user growth in India, Vietnam, and Singapore has exceeded 300%. 

Bitget Wallet Global User Growth Trend (January-July 2024)

The African market, particularly Nigeria, has emerged as a key growth area, with Bitget Wallet frequently topping local app store rankings. Additionally, the wallet has made substantial inroads in Europe, North America, and Oceania, with user growth in countries such as Russia, Italy, Sweden, and Australia exceeding 40 times compared to the previous year, and some nations witnessing growth rates over 1000%. This success underscores Bitget Wallet's competitive edge and effective localization strategy in the global market.

Leading Innovation in the Web3 Ecosystem

Bitget Wallet has experienced rapid global growth and recognition due to its commitment to product innovation and Web3 ecosystem development. The platform has integrated with over 100 major public chains and numerous EVM-compatible chains, enhancing its token trading capabilities and offering advanced trading functions. 

It has established a comprehensive DApp center and collaborated with leading projects, launching various on-chain interaction activities. Notably, Bitget Wallet has emerged as the top wallet in the meme coin ecosystem, providing features like smart money tracking and zero gas fees. Recently, it became the first wallet to fully support the TON mainnet and introduced the industry's first TON mainnet MPC wallet solution. 

In July, the TON mainnet surpassed other established public chains in transaction volume on Bitget Wallet, with the incubated project Tomarket attracting over 4 million users shortly after its launch, highlighting the platform's strong ecosystem-building capabilities.

Leading the Charge in the Future of Web3

Bitget Wallet's unwavering commitment to excellence in the Web3 space is driving its remarkable growth. By consistently benchmarking against industry leaders like MetaMask and Trust Wallet, the platform fosters continuous innovation and improvement. 

Its long-term strategies emphasize user-centric development and ongoing enhancements, ensuring Bitget Wallet remains at the forefront of the competitive Web3 wallet landscape. With ambitious plans for market expansion and substantial investments in technology and infrastructure, Bitget Wallet is well-positioned to shape the future of digital asset management. 

"Our international expansion success highlights the crucial role of innovation and ecosystem development in the Web3 space. We aim not just to increase market share but to propel the entire industry forward, creating unparalleled value for Web3 users worldwide." - Alvin Kan, COO of Bitget Wallet
Sean Millare

Sean, a skilled writer, gamer, trader, and investor, with a passion for all things web3. With a practical touch, he sheds light on the evolving crypto scene, helping readers grasp blockchain intricacies and make savvy decisions in decentralized finance.

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