Non-custodial Bitget wallet surpasses Metamask to become the most downloaded web3 wallet in July.
According to a press release shared with crypto.news, the number of Bitget wallet users surpassed 30 million globally in July, representing a 150% increase in users compared to last year.
CryptoRank data indicates that the wallet saw over 1.6 million downloads in July across the Google and Apple app stores, surpassing the 1.5 million downloads of Metamask.
One of the reasons behind Bitget’s popularity is its focus on “mobile experience,” Alvin Kan, COO of Bitget Wallet, told crypto.news.
“(…) Many Web3 users prefer the convenience of mobile over additional desktop wallets. The user-friendly design of our mobile wallet has made it the first choice, with many users choosing not to return to traditional wallets.”
The statement added that Bitget Wallet expansion was particularly strong in Europe, North America and Oceania. User numbers in countries such as Russia, Italy, Sweden and Australia jumped 40-fold, while in France, Portugal, the UK, Turkey and Canada, the numbers increased by 1,000%.
The wallet also saw a 20x jump in users in Japan, the Philippines and Thailand, while user growth in India, Vietnam and Singapore exceeded 300%.
According to Kahn, the main drivers behind this growth were Bitget’s cross-chain wallet capabilities, which enable “seamless multi-chain asset management” and “easy decentralized trading,” with a focus on memecoin trading by offering tools such as smart money tracking on the Solana (SOL) and Base (BASE) chains, automatic slippage, zero gas fees, and spot trading mode.
The addition of support for The Open Network in November 2023 has boosted the wallet’s growing user base in the first half of 2024. This has been complemented by the massive rise in popularity of mini-games on Telegram over the past months.
“We have collaborated with more than 50 prominent projects on TON, providing users with a gas-free transaction experience and cross-chain transfer,” Kan added.
Last month, Bitget became one of the first major wallet providers to fully integrate The Open Network. Subsequently, the blockchain network became the most traded network on Bitget Wallet, beating out Polygon (MATIC), Arbitrum (ARB), and BNB Chain.
Prior to this, the wallet provider partnered with crypto investment firm Foresight X to invest in Tomarket, a defi trading platform on the TON blockchain.
Looking ahead, Kahn expects this growth to continue despite the “unpredictable” nature of the markets, supported by retail and institutional interest in spot crypto ETF products and “continued innovation in the blockchain space.”