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Bitget Wallet Surges To 1.6 Million Downloads, Overtaking MetaMask

Bitget Wallet Surges to 1.6 Million Downloads, Overtaking MetaMask

Bitget Wallet, the self-custodial crypto wallet from the Bitget exchange, has outpaced MetaMask in app downloads for July 2024.

Data from CryptoRank reveals that Bitget Wallet secured 1.6 million downloads last month, surpassing MetaMask by 100,000 downloads.

Other popular wallets included Phantom Wallet with 667,000 downloads, Coinbase Wallet at 475,000, and SafePal with 157,000 downloads.

Bitget Wallet’s rise is attributed to the surge in meme coin transactions and its early support for the Open Network (TON) mainnet, which has become the top network on the wallet.

Alvin Kan, Bitget Wallet’s COO, credits the wallet’s growth to the launch of Bitget Wallet Token (BWB) in March 2024, which boosted user engagement and trading volumes. The wallet now has 30 million users, with notable growth in Italy, Australia, and Sweden.

Despite Bitget Wallet’s success, some crypto users noted MetaMask’s established presence, with many already having it installed, while others pointed out issues with MetaMask’s mobile app experience.

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Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.