From BitKeep to Bitget: Popular Crypto Wallet Rebrands, Launches Swap Offering

<p>After five
years since its inception and attracting 10 million users from nearly 170
countries, the popular multi-chain non-custodial crypto wallet, BitKeep, has
changed its name to Bitget Wallet. The decision comes in the wake of Bitget
acquiring BitKeep and infusing it with a $30 million capital boost earlier in March.</p><p>BitKeep Rebrands to Bitget
Wallet</p><p>BitKeep
joined the Bitget <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/">cryptocurrency exchange</a> product family in March. At the same
time, the platform announced the launch of the <a href="https://www.financemagnates.com/cryptocurrency/bitget-reveals-100m-web3-fund-to-propel-crypto-ecosystem-growth/" target="_blank" rel="follow">Web3 Fund worth $100 million</a>,
aimed at supporting the cryptocurrency ecosystem. Five months after acquiring
the crypto wallet, the exchange rebranded it.</p><p>However,
the name change is not everything. Along with it, Bitget introduced a new
service, Bitget Swap, offering intelligent DEX aggregation from over 100 DEXs.
This ensures users access to optimal prices due to its best-in-class liquidity.
Bitget Swap offers a spectrum of trading pairs across 20 chains and provides
precise market data. In addition, there are diverse trading modes, such as
limit orders and leveraged contracts.</p><p>Furthermore,
this feature enhances the user's interaction with other product elements on the
platform, like token management, NFT Market, DApp Browser, and Launchpad,
eliminating the need for external platforms. The exchange also announced a
refresh of the user interface.</p><p>"This
transformation marks a significant milestone for BitKeep as we embrace the
future of Web3 trading," commented Moka Han, the COO of BitKeep.
"With Bitget's support, we are poised to become the ultimate trading wallet,
empowering users with faster transactions, unmatched DEX aggregation, and
seamless cross-chain convenience."</p><p>Marking the
rebranding, Bitget Wallet unveiled a new logo symbolizing its dedication to
transforming the Web3 trading landscape in collaboration with Bitget Exchange. The exchange also <a href="https://www.financemagnates.com/cryptocurrency/bitget-unveils-new-logo-announces-apps-redesigning-within-6-months/" target="_blank" rel="follow">showcased a new logo</a> last month and announced a revamp of its
mobile applications.</p><p>Bitget Joins Crypto Dubai
Push</p><p>The Middle
East is openly showcasing its ambitions to be at the forefront of the crypto
revolution, with countries such as the United Arab Emirates (UAE) and Bahrain
taking the lead. This move has attracted many exchanges, with <a href="https://www.financemagnates.com/cryptocurrency/bitget-joins-bybit-and-okx-in-newest-dubai-crypto-push-opens-local-office/" target="_blank" rel="follow">Bitget being the
newest entrant</a>. The firm has kickstarted its presence in downtown Dubai,
bringing 60 new hires on board for middle and back-office positions.</p><p>MENA's
crypto uptake data reveals it as the most rapidly growing region in the digital
currency sphere, representing 9.2% of global transactions in 2021-2022. The
UAE's commitment is unmistakable, with an astounding 400% increase in
crypto-oriented businesses in just two years, consequently propelling the
global digital asset market by as much as 10%.</p><p>Bitget is
not alone in spotting the potential of the UAE. Bybit, another digital currency
<a href="https://www.financemagnates.com/terms/e/exchange/">exchange</a>, recently secured licenses in Dubai to dive into the digital asset
scene. Similarly, OKX secured an MVP Preparatory license from the Dubai Virtual
Assets Regulatory Authority (VARA). Like Bitget, OKX is set on expanding its
workforce in the region.</p><p>A recent
study by Bitget <a href="https://www.financemagnates.com/cryptocurrency/gen-z-dominates-crypto-copy-trading-space-85-make-profit/" target="_blank" rel="follow">highlights </a>the enthusiasm of Generation Z in the crypto realm.
They emerge as the dominant force behind the crypto and social trading boom,
making up 44% of all copy trading participants.</p>

This article was written by Damian Chmiel at www.financemagnates.com.