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Bitget Wallet Surges to the Most Downloaded Web3 Wallet With Nearly 2 Million Monthly App Downloads in August

Bitget Wallet Surges to the Most Downloaded Web3 Wallet With Nearly 2 Million Monthly App Downloads in August
© Copyright Image: ZyCrypto

Bitget Wallet, a prominent player in the Web3 non-custodial wallet space, has skyrocketed to the top of the charts, boasting close to 2 million monthly app downloads in August, as reported by App Store and Google Play data. The platform has surged to over 30 million users worldwide, driven by its vision to streamline Web3 access for the next billion individuals. At the TOKEN2049 conference, Bitget Wallet revealed its strategic roadmap to drive mass adoption of blockchain technology. The focus is on integrating with Web2 social platforms and developing a seamless payment solution.

Bitget Wallets tight integration with Web2 social platformsparticularly Telegramhas been a major factor in its meteoric growth. The platform has dramatically lowered the entry barrier to Web3 by allowing users to establish and maintain Web3 wallets using well-known logins like email, Google, and Telegram thanks to keyless MPC (Multi-Party Computation) technology.

Because of this flawless experience, the number of MPC wallets created has increased by 2.7 times, and more than 40% of Bitget Wallet users now have MPC wallets that support TON.

Bitget Wallets comprehensive participation in the TON ecosystem, where the well-liked Tap to Earn (T2E) Telegram minigames on the TON network have significantly increased user engagement, has contributed to the wallets success. For example, in just two months, Tomarket gained 20 million members. Because Bitget Wallet prioritizes mobile usage over other platforms, 68% of TON game players currently utilize the wallet app. Thus, more than 17% of all active addresses on the TON network may be attributed to Bitget Wallet.

To further onboard Web2 users, Bitget Wallet is preparing to roll out a payment solution that will enable users to seamlessly convert crypto into fiat and spend crypto directly from their wallets on everyday purchases, all while retaining full self-custody of their assets. Our goal is to blur the lines between Web2 and Web3, starting with payments, Kan explained. By offering crypto-to-fiat conversion directly within self-custodial wallet, were enabling users to spend crypto as easily as fiat, which is key to driving broader adoption.

Going forward, Bitget Wallet will also focus on fueling the growth of the broader Web3 ecosystem by partnering with major networks like Bitcoin, Ethereum, Solana, Base, and TON. These collaborations, combined with robust incentive structures and an all-in-one platform that supports everything from swaps, potential earning, trading and multi-chain Dapp explorer, are designed to drive users long-term engagement.

Were building an ecosystem where both users and developers can thrive, aiming at creating seamless experiences that keep users engaged in the long run while driving the adoption of decentralized applications, said Kan.

Read more: https://zycrypto.com/bitget-wallet-surges-to-the-most-downloaded-web3-wallet-with-nearly-2-million-monthly-app-downloads-in-august/

Text source: ZyCrypto

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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