Within three days of its soft launch, Bitget Wallet Lite Mini, a new multi-chain wallet integrated into Telegram, has seen an influx of more than six million users. This significant uptick in users aligns with Bitget Wallet’s growing popularity on the messaging platform where the mini app was released.
October 31st marked Bitget Wallet Lite’s official launch, following an initial soft launch on 28th of October that registered six million users on its Telegram mini app. The influx of users didn’t stop there, as data from Telegram revealed that the user base swelled further to over six million monthly users on the official launch day. This means that half of Bitget Wallet’s total 12 million users are now using the mini app.
The Chief Operating Officer of Bitget Wallet, Alvin Kan, has attributed this rapid growth to strategic campaigns and user-engaging features. One such campaign allowed the first million users to receive exclusive rewards and gifts. Bitget Wallet’s growth was also accelerated by partnerships with other Mini Apps like Tomarket, expanding its reach to a wider audience on Telegram.
As the popularity of crypto wallets on Telegram continues to rise, so do various security risks such as phishing attacks. Bitget has warned that monthly active user data (MAU) on Telegram can be manipulated, giving cybercriminals an easier opportunity to pretend they represent a popular crypto exchange. Therefore, Bitget advises users to check a Mini App’s official Telegram verification blue tag or confirm with the official brand account or customer service.
At present, several mini apps are offering cryptocurrency wallet services on the Telegram platform. Some of the major ones are Hot Wallet, with 5.8 million monthly users, Tonkeeper, with 760,000 users, and OKX Wallet, having around 700,000 users. However, Bitget Wallet Lite does not currently have a verification blue tag. Users should remember to verify details related to Bitget Wallet through a dedicated page on its website.