Bitget, the Web3 wallet, has reported 300 per cent growth in the MENA region in the past 30 days. Countries in the MENA region, such as Egypt and Saudi Arabia, are among the top 15 countries for Bitget wallet downloads globally.
Market research also supports Bitget Wallet’s growth globally and in the MENA region. Crypto wallets currently represent nearly 25 per cent of sales in the overall cryptocurrency market.
Increasing cryptocurrency adoption and rising retailer acceptance of crypto payments can be prime differentiators in the highly competitive digital payment world. Crypto wallets are thus gradually gaining customer familiarity with retailer acceptance.
Serving over 20 million users, Bitget Wallet is a full-stack Web3 multi-chain trading wallet offering Swap, NFT Marketplace, Dapp browser, launchpad functionality, and even staking services.
“Non-custodial wallets are an important element in offering freedom and security for Web3 and crypto enthusiasts. The growing interest and crypto adoption have led multiple countries in MENA to rank on top for downloads of Bitget Wallet,” said Sam A Spiers, Regional Director for Bitget MENA, in a press note shared by the company.
Aside from offering a wide range of DeFi services, Bitget Wallet has also integrated various unique tools to ensure it delivers cutting-edge functionality to its users. These include a market analytics tool, smart money features for users to make informed trading decisions, and even an integrated inscriptions tool and incentivized Web3 task platform.
Marking security as the priority is an important aspect of building a strong Web3 wallet, Alvin Kan, Chief Operating Officer of Bitget Wallet, commented in the press note, “We initially invested $30 million to transform our crypto wallet experience as we embrace the future of Web3 trading offering faster transactions, unmatched DEX aggregation and seamless cross-chain convenience. Our GetShield security array was introduced to our commitment to ensuring user security and our dedication to building a sustainable and successful Web3 project.”
On the trading side, Bitget Wallet supports cross-chain transactions for over 40 mainnets and aggregates data from hundreds of DEXs and cross-chain bridges to provide users with the best trading routes.
Users also enjoy an extensive selection of token pairs and innovative features like gas-free transactions and automatic slippage tools that optimize the overall trading experience.
Bitget Wallet utilises a unique DESM encryption algorithm and shares a $400 million Protection Fund with the Bitget Exchange, ensuring the security of user assets and transactions.
Additionally, the wallet integrates a wide array of other innovative security features under its “GetShield” security array to safeguard better user assets, including MPC technology, proactive DApp and token risk alerts, and regular smart contract audits with leading security firms in the industry.
