Bitget Wallet, a Web3 crypto wallet formerly known as BitKeep, has launched a new "Smart Money" feature powered by artificial intelligence. This tool tracks over 6,000 high-performing crypto addresses on networks like Ethereum to identify potential trading signals and market trends.
The cryptocurrency exchange Bitget's wallet also summarized 2023, during which it underwent rebranding, and its global user count exceeded 12 million.
Bitget Wallet Unveils AI-Powered Smart Money Feature
The Smart Money feature provides traders with real-time data on the activities of historically successful crypto traders and investors, referred to as "whales." This includes info on the assets being traded, transaction volumes and prices, number of holding addresses, and more.
According to Bitget Wallet's COO, Alvin Kan, the goal is to "empower users to preemptively discern market trends, promptly uncover investment opportunities, and consequently bridge the gap between ordinary investors and Smart Money."
The wallet plans to expand the feature to additional blockchains, such as BNB Chain, Solana, Polygon, and Avalanche. Bitget Swap, the wallet's built-in DEX aggregator, already supports trading on nearly 30 networks.
Kan highlighted the importance of intelligent market data for discovering new assets and trends early. He stated the wallet aims to provide users with "a rich selection of on-chain assets and robust on-chain trading services, enabling them to seize these new opportunities."
Bitget Wallet’s 2023 in Recap
Bitget acquired a controlling stake in the wallet, formerly known as BitKeep, for $30 million in March 2023. The rebrand to Bitget Wallet took place in August as part of a broader integration with the Bitget crypto derivatives exchange to bridge CeFi and DeFi.
The post on Bitget Wallet’s blog additionally featured a summary of the entire year 2023. In the last 12 months, Bitget Wallet introduced an enterprise-grade multi-party computation "keyless" wallet, offering users secure and convenient Web3 services. Bitget Wallet now supports hardware wallet connections forprivate key control and regularly undergoes security audits.
The user base of the wallet exceeded 12 million, and in Q4 2023, it was the fourth most popular among other crypto wallets in terms of downloads.
???? Pop a champagne, 2023 has been a tremendous year for #BitgetWallet! Brand upgrade, Multi-Chain Ecosystem, MPC Wallet, Task2Get, GetShield Security, And more!???? Join us for an even more exciting 2024 as we seize new assets and market trends together:https://t.co/xK66a84xQf pic.twitter.com/1qW0RSkyaW
— Bitget Wallet ???? (Formerly BitKeep) (@BitgetWallet) December 29, 2023
"We will continue to enhance product capabilities and deliver high-quality on-chain asset services, assisting users in their Web3 exploration journey,” Kan concluded.
The Bitget exchange further summarized its 2023, noting an increase in user base by 12 million new traders and achieving an increase of 94% in spot volumes.
✨ Stepping into 2024 with a recap of 2023's #crypto journey – victories, challenges, and thrilling developments. Uncover the pivotal events steering the market's path! Dive into @GracyBitget's open letter for insights on this year's transformative breakthroughs!
— Bitget (@bitgetglobal) January 3, 2024
At the end of last year, it unveiled a plan focusing on product research, development, and increased investments.
This article was written by Damian Chmiel at www.financemagnates.com.
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