- Bitget Wallet surpassed 30 million users.
- The app outpaced MetaMask’s monthly growth.
- User base grew notably in several regions.
Crypto exchanges are constantly competing on multiple platforms, including wallets. Wallet apps allow exchanges to access users whenever they interact with any crypto service. This is why exchanges like Bitget are working hard to attract users to their wallets.
Most recently, Bitget celebrated the rapid growth of its wallet to 30 million users. The company highlighted how the figures compare to MetaMask, the most popular crypto wallet in the world.
Bitget Wallet Outranks Metamask in Growth
Bitget’s native wallet app has seen remarkable growth recently. On Wednesday, August 14, the Bitget Wallet officially surpassed the 30 million user mark, a significant milestone for a relatively new app. In particular, the wallet saw a 50% increase in users since March 2024, when it had just crossed the 20 million user threshold.
Sponsored
Bitget Wallet’s user base grew by 150% in the past year compared to 2023. The peak performance came in July when the wallet recorded a 140% increase in app downloads, amounting to 1.7 million downloads across the Apple App Store and Google Play Store. This allowed Bitget Wallet to surpass MetaMask in percentage growth for the month, although MetaMask continues to maintain a larger overall user base.
Notably, the most impressive user figures came from several emerging crypto markets. This includes Nigeria and Russia, where the wallet adoption grew the most. In both countries, user counts grew by over 300% last year.
Bitget Says Innovative Features Driving Adoption
Bitget claims its success was due to its multichain capabilities and other user-friendly features. The wallet is integrated with 100 major public and EVM-compatible blockchain networks. It also offers on-chain token charts, cross-chain transactions, and support for NFT markets and launchpads.
Another notable feature differentiating Bitget Wallet from Metamask is its integration with TON Network. This integration allows users to easily manage TON assets, perform on-chain transactions, and access various DApps on the TON network. This was key as TON is growing quickly thanks to its integration with Telegram.
On the Flipside
- It is important to note that new apps generally see higher growth figures than established apps. Metamask, unlike Bitget Wallet, is beyond the early growth stage.
- Metamask continues to dominate in user count, with 30 million monthly active users. Bitget did not disclose its monthly active users; its figures also count users who no longer interact with the app.
Why This Matters
For the Web3 ecosystem, this competition drives innovation and provides users with more options. This is key, leading to better services and more robust platforms.
Read more about Bitget’s adoption in emerging markets:
Turkish Athletes Endorse Crypto in Bitget’s Campaign
Read more about a shocking case in crypto fraud:
How a Canadian Crypto Exchange’s Founder Gambled Away $9.5 Million
