30s Summary

The Lite version of Bitget Wallet, a simplified, multichain crypto wallet aimed at Telegram users, has gained six million users in less than a week since its launch on October 31st. This unexpectedly high number is attributed to promotional campaigns and innovative features, according to Bitget Wallet’s COO. The company also partnered with other apps to extend its reach. Despite the rising popularity of wallet services on Telegram, Bitget cautions users to guard against phishing and other threats by checking for Telegram’s official verification blue tag before transacting.

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Bitget Wallet’s new Lite version is blowing up on Telegram! The Lite version is a simpler, multichain wallet aimed at Telegram users who want to buy, store, and send crypto inside the app. It launched October 31st, just three days after a soft introduction on October 28th. Since then, it’s been nothing short of a rocket ride. It added an incredible six million users in less than a week!

So, how did they get six million users in just three days? After nabbing three million after only two days, Bitget Wallet Lite doubled their numbers by official launch day! To put that into perspective, that’s half the user base of the regular Bitget Wallet, which has around 12 million users. These impressive numbers are credited to promoted campaigns and creative features, according to Bitget Wallet’s COO Alvin Kan.

One key strategy in getting all these users was giving goodies to the first million folks who signed up. Another successful campaign involved teaming up with other apps, increasing the reach of Bitget Wallet Lite to more users on Telegram.

While Telegram does come with its own cryptocurrency wallet, there are bunches of mini apps that offer various kinds of crypto wallet services within Telegram. Some big ones you might have heard of are Hot Wallet and OKX Wallet, but Bitget Wallet Lite is making waves with its massive user numbers.

But with the growing number of these crypto wallet apps on Telegram, it’s crucial to stay safe while using them. There’s been a noticeable rise in phishing attacks and other threats on the platform. Bitget has pointed out that the number of active users that Telegram reports can sometimes be inflated or manipulated, giving more credibility to cyber attackers.

A top safety tip from Bitget is to always check for Telegram’s official verification blue tag or to reach out to the official brand account or customer service. They further advise users to validate any Bitget Wallet-related channels through a dedicated page on their website. And for those wondering – Bitget Wallet Lite is currently working on getting their own official verification blue tag. Stay tuned!

Source: Cointelegraph