The Crypto Desk

“Bitget Wallet Rises to Second Place in Crypto App Rankings, Competing with Binance”

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In September, Bitget Wallet achieved a remarkable milestone by recording nearly 6 million downloads, positioning it as the second most downloaded cryptocurrency application globally. This impressive growth puts Bitget Wallet just behind Binance and ahead of numerous Web3 wallets in terms of new user acquisition, as reported by the team on Tuesday.

Rapid User Growth and Global Reach

Bitget Wallet’s user base has surged to over 40 million users worldwide, more than doubling since March 2024. This staggering growth rate cements Bitget Wallet’s status as one of the fastest-growing decentralized wallets this year, attracting a diverse range of users across various demographics.

Factors Driving Bitget Wallet’s Success

Several crucial factors have catalyzed Bitget Wallet’s rapid expansion. Foremost is its user-friendly interface, designed to make cryptocurrency management accessible, especially for newcomers. The wallet seamlessly integrates a variety of Web3 services, such as asset management, cryptocurrency trading, staking, and swaps. Furthermore, it supports over 100 blockchains, more than 20,000 decentralized applications (DApps), and millions of tokens, offering a comprehensive platform for users.

Integration with TON and Telegram Enhances User Experience

Bitget Wallet’s integration with the TON ecosystem and Telegram has played a significant role in boosting user adoption. This integration allows users to access Bitget’s wallet services directly through the Telegram messaging app. During the third quarter, the wallet reported an astounding 4,886% increase in TON on-chain addresses, highlighting its popularity and utility within the community.

Moreover, Bitget Wallet has made significant strides in emerging markets, simplifying the onboarding process for new cryptocurrency users. The most substantial growth in user numbers was observed in Africa, with a staggering 413% increase, followed closely by South Asia at 126% and the Middle East at 105%. According to Bitget Wallet’s CEO, Alvin Kan, “By integrating with platforms like Telegram, we’re simplifying crypto adoption for mainstream users and creating tools that enable seamless interaction with decentralized platforms.”

New Tools for Meme Coin Enthusiasts

In addition to its growth, Bitget Wallet recently launched a trading tool designed specifically for meme coin enthusiasts. This innovative platform, known as MemeX, assists users in identifying meme coins that have the potential for impressive returns—sometimes up to 100x. One of the standout features of the MemeX platform is its real-time discovery tool, which prominently displays newly launched meme coins sorted by their launch time, enabling users to track and capitalize on emerging trends.

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