VICTORIA, Seychelles, July 29,
2024 /PRNewswire/ -- Bitget
Wallet demonstrated robust growth in the Japanese market in Q2 of
2024, with a notable 34% increase in new user adoption within the
region. According to data provided by data.ai, Bitget Wallet
ranks second in Japan's Web3
wallet market for downloads in the first half of this year, closely
trailing MetaMask.
* Data is primarily focused on mobile
phone applications.
Beyond just providing secure non-custodial asset management
services, Bitget Wallet also operates as a comprehensive on-chain
decentralized finance (DeFi) ecosystem,
integrating advanced features such as trading, intelligent market
data analytics, a native launchpad, and a DApp
browser. With a global user base of over 20 million, this platform
stands as the premier DeFi platform of choice for
discovering top Web3 assets and opportunities.
The recent introduction of its native token BWB in the previous
quarter saw Bitget Wallet garner significant traction in
Japan, particularly through the
BWB token airdrop initiative, further driving user growth in the
market. According to data from CoinMarketCap, BWB was ranked among
the top ten most popular cryptocurrencies in
Japan, solidifying the brand's
growing popularity.
Additionally, Bitget Wallet's robust Swap function has gained
popularity among users for its efficiency and innovation.
Bitget Swap, the wallet's decentralized swap
feature, spans nearly 50 blockchains and aggregates liquidity
across hundreds of DEXs and cross-chain bridges, aimed at providing
users with the best trading experience possible. What truly sets
Bitget Wallet apart from the competition, however, is its keen
attention to common user painpoints throughout the entire user
journey, offering targeted and niche features to facilitate a
seamless trading experience within the wallet. "Gasless"
transactions, automatic slippage adjustments, and even gas rebates
are just some examples of the steps Bitget Wallet has taken to
ensure that users are able to execute their trades hassle-free. The
wallet also positions itself as the ideal repository for asset
discovery, providing users with access to multi-dimensional market
data and smart money analytics to place its users one step ahead of
the curve.
According to analysts from the Bitget Research Institute, Web3
wallets with native trading features and NFT support are
well-poised to capture an increasing market share in Japan in the second half of this year. In the
same analysis report, the institute also underscored Japan's pivotal role in
cryptocurrency innovation, with approximately 350,000
individuals in the region engaging in daily on-chain
transactions.
"With the launch of BWB and a constant stream in innovative
product features, we [Bitget Wallet] believe that the Japanese
market will continue to acknowledge the utility and significance of
our platform," Alvin Kan, COO of
Bitget Wallet mentioned in a recent interview. "From our end, we
will remain committed to driving industry innovation, delivering
cutting-edge digital asset management solutions to our users."
Moving forward, the future plans of Bitget Wallet will revolve
predominantly around the development of the Bitget Onchain Layer,
an intermediary segment that aims to better connect users to Web3
with unparalleled ease - all the while offering strong and
compelling DeFi products for users to experience.
Bolstered by a $10 million BWB
Ecosystem Fund that is dedicated to incubating and accelerating
promising Web3 projects, the Bitget Onchain Layer recently unveiled
the launch of Tomarket: the first project building on the Bitget
Onchain Layer. Tomarket specializes in new asset aggregation,
featuring a Telegram Mini-App that has attracted over 2 million new
users since its launch in June.
As the Web3 wallet market continues to evolve, Bitget Wallet
aims to expand its influence in Japan and other global regions, cementing its
position as a leader in decentralized finance
solutions.
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SOURCE Bitget Wallet