Victoria, Seychelles, March 29th, 2024, Chainwire
This week, Bitget Wallet recorded unprecedented highs in its weekly Swap order volume, with 388,757 transactions processed — almost 68,000 more than Metamask — and claimed the top global position. The 7-day swap trading volume is a crucial indicator of a platform’s liquidity and user trust. High volumes reflect strong user engagement and an active trading environment, underscoring the wallet’s prominence and reliability in the market.
Bitget Wallet’s emphasis on exploring new assets and opportunities in the Web3 space drives its increasing trading volume. The wallet has listed several new tokens that are trending on social media and DEXs. Bitget became an early mover in the market by listing some of the most viral Solana and Base meme coins that have experienced heightened demand from the wider market. The wallet launched trading pairs for BONK, BOME, and SLERF early on in the market, allowing its users to capitalize on the token’s remarkable gains in the bull market.
“Trading has always been a core demand of users in the Web3 space,” comments Alvin Kan, Chief Operating Officer of Bitget Wallet. “Continuously improving our overall user experience and assisting users in discovering and trading new assets is our goal. The steady growth of our Swap trading volume is a testament to our efforts, indicating that users recognize us for who we are – an optimal wallet for trading, and we reciprocate this by continuing to invest and innovate in our trading features moving forward.”
The wallet also consistently adds advanced features to cater to its experienced traders. Its Swap feature integrates complex trading tools, including smart money tracking and DEX liquidity aggregation. Additionally, its integrated smart money tracking features allows savvy traders to follow the investment patterns of successful investors, offering insights into potential market movements.
Bitget Wallet’s Swap feature also aggregates liquidity across hundreds of DEXs in the market, providing traders with access to the best available prices across multiple decentralized exchanges, optimizing their trading strategies for maximum efficiency and profit potential. With a user base exceeding 20 million and continuing to expand, the wallet’s achievements in its trading volume is testament to the platform’s widespread adoption and recognition of the value it brings to the crypto community.
Bitget Wallet prioritizes asset discovery, standing out as one of the first wallets to display trends and price information for on-chain assets. It is also a key contributing factor to the wallet’s surging trading volume over the past months. It has also recently improved its market analysis tools significantly, offering intelligent market data, including real-time, multidimensional market rankings. These enhancements give users powerful insights and tools to identify and leverage trading opportunities effectively.
Other recent upgrades to the Swap function include extending support to nearly 50 blockchains, offering hundreds of different trading pairs for users.
In its effort to match the ease of use found in centralized exchanges, Bitget Wallet has focused on removing obstacles in on-chain transactions. It introduced a “borrowed gas” function, allowing users to easily carry out on-chain transactions without the need for the native token to cover gas fees, which simplifies and streamlines the overall trading process.
Similarly, the wallet’s “automatic slippage” feature adjusts slippage costs automatically, helping users quickly complete transactions and capture fleeting trading opportunities. These enhancements collectively improve the trading experience and help users to take advantage of short-lived market movements.
Bitget Wallet has also recently announced an airdrop campaign to launch its official ecosystem token, BWB, along with a partnership program onboarding over 40 Web3 projects.
About Bitget Wallet
Bitget Wallet is Asia’s largest and leading global Web3 trading wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on over 40 blockchains.
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Contact
Rachel Cheung
media@bitget.com
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