Bitget Wallet, previously known as BitKeep, has introduced an innovative “Smart Money” feature, harnessing the power of artificial intelligence.
This cutting-edge tool is designed to monitor over 6,000 high-performing cryptocurrency addresses across networks like Ethereum, offering insights into potential trading signals and emerging market trends.
In addition to this groundbreaking feature, Bitget Wallet reflected on its transformative journey throughout 2023.
The year was marked by a significant rebranding effort and the remarkable achievement of surpassing 12 million global users.
The Smart Money feature provides traders with real-time information regarding historically successful cryptocurrency traders and investors, often referred to as “whales.”
This comprehensive data encompasses details on the assets being traded, transaction volumes, pricing information, the number of holding addresses, and more.
Alvin Kan, the COO of Bitget Wallet, explained that their aim is to “empower users to proactively identify market trends, swiftly uncover investment opportunities, and bridge the gap between ordinary investors and Smart Money.”
The wallet’s ambitious plans include extending the Smart Money feature to other blockchain networks like BNB Chain, Solana, Polygon, and Avalanche. Bitget Swap, the wallet’s built-in DEX aggregator, already supports trading on nearly 30 networks.
Kan emphasized the significance of intelligent market data for discovering new assets and trends early, with the goal of providing users with “a diverse selection of on-chain assets and robust on-chain trading services to help them seize these emerging opportunities.”
Bitget Wallet’s journey in 2023 was marked by its acquisition of a controlling stake in the former BitKeep wallet for $30 million in March, followed by a rebranding effort in August, aligning it closely with the Bitget crypto derivatives exchange to bridge the gap between CeFi and DeFi.
The Bitget Wallet blog post also provided an overview of their achievements in 2023, including the introduction of an enterprise-grade multi-party computation “keyless” wallet, offering secure and convenient Web3 services.
The wallet now supports hardware wallet connections for enhanced private key control and regularly undergoes security audits.
With a user base surpassing 12 million, Bitget Wallet secured its position as the fourth most popular crypto wallet in terms of downloads during Q4 2023.
In closing, Alvin Kan expressed their commitment to continuous improvement, enhancing product capabilities, and delivering high-quality on-chain asset services to assist users in their exploration of the Web3 ecosystem.
Bitget exchange also summarized their 2023 achievements, reporting a remarkable increase of 12 million new traders and a staggering 94% growth in spot volumes, with a strong focus on product research, development, and increased investments.