As a seasoned researcher with a deep understanding of the cryptocurrency market, I find the rapid growth and popularity of Bitget Wallet Lite within the Telegram community nothing short of astounding. With my background in blockchain technology and digital assets, I have witnessed numerous projects rise and fall, but few have managed to captivate millions of users in such a short span as Bitget Wallet Lite has done.
The self-managed digital currency wallet known as Bitget Wallet, offered by the Bitget trading platform, has been garnering attention on Telegram. Notably, their Mini App saw a massive influx of over a million users shortly after its debut.
On October 31st, Bitget Wallet unveiled the commencement of Bitget Wallet Lite, a versatile digital wallet system seamlessly incorporated with Telegram. This new feature enables users to purchase, hold, and transfer cryptocurrencies directly from the application.
Three days following the soft launch of Bitget Wallet Lite on October 28th, the official launch occurs, marking a milestone as six million users have joined the Mini App on Telegram since then.
Six million users in 3 days?
In just the first two days following its launch, Bitget Wallet Lite amassed three million new users, and by the official day of release, this number had swelled to over six million monthly users as per Telegram data. This represents approximately half of Bitget Wallet’s total user base, which encompasses a community of twelve million individuals.
The swift expansion of Bitget Wallet Lite is attributed to tactical marketing efforts and user-friendly features, as reported by Alvin Kan, the COO of Bitget Wallet, in an interview with CryptoMoon.
One of the initiatives is “Early User Rewards,” which granted benefits and incentives to the first million registered users. As Kan mentioned:
“We launched a targeted campaign in Telegram groups, with gifts for the first million users, drove early adoption by creating urgency and rewarding users eager to secure the best opportunities on Bitget Wallet.”
As a crypto investor, I’ve noticed the rapid expansion of the Mini App, and this growth can be attributed in part to strategic partnerships with platforms like Tomarket. These collaborations have extended the reach of Bitget Wallet into a larger community on Telegram, thereby widening my own network within the crypto sphere.
Additional elements that significantly contributed to the rapid expansion included referral schemes where users could accumulate incentives by inviting others, as stated by Kan.
Crypto wallets go all over Telegram
Within the Telegram messaging platform, users have access to a built-in digital wallet known as “Wallet in Telegram.” Additionally, there is a diverse array of mini applications embedded within the app that offer cryptocurrency wallet services.
As a researcher delving into the realm of cryptocurrencies, I’ve discovered that some of the most widely used crypto wallets on Telegram are quite noteworthy. For instance, Hot Wallet boasts an impressive 5.8 million monthly users. Additionally, Tonkeeper has approximately 760,000 users, and OKX Wallet is close behind with around 700,000 users. There are many more wallets that have garnered significant user bases in this space as well.
As more people use cryptocurrency wallets on Telegram, it’s important for users to exercise caution when engaging with Mini Apps on this platform, as there’s an increasing number of phishing scams and other potential dangers emerging.
As reported by Bitget, there’s a possibility that the number of monthly active users (MAUs) on Telegram might be artificially increased or manipulated. This situation could potentially make it easier for cyberattackers to falsely portray a reputable cryptocurrency trading platform as well-established and trustworthy.
For safety reasons, it’s advisable to look for Telegram’s official verification badge, contact the main brand account, or reach out to customer service when dealing with Bitget, as suggested. Also, users can verify any Bitget Wallet-related channels by visiting a dedicated page on its website.
When guiding users to look for Telegram’s official verification badge, it’s important to note that Bitget Wallet Lite does not currently possess such a blue tag.
Bitget Wallet Lite’s representative shared that the desired feature isn’t available at the moment, but it’s expected to be launched in the near future, as reported to CryptoMoon on October 31.
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2024-10-31 16:42