Bitget Wallet announces the launch of its market expansion plan in Turkey, aiming to promote the development of the local Web3 ecosystem
Turkey is a vibrant country with a growing demand and interest in Web3.Author: Bitget Wallet
At the Devconnect conference held in Istanbul, Turkey last week, the globally leading one-stop Web3 trading wallet Bitget Wallet (formerly BitKeep Wallet) attended and sponsored the unStable Summit Global Stablecoin Summit, co-hosting an offline event with the leading decentralized trading protocol 1inch. At the conference, Bitget Wallet announced the launch of its market expansion plan in Turkey, stating that it will provide localized Web3 services to local users and establish partnerships with local project teams, KOLs, and communities to carry out a series of ecological activities targeting the Turkish market, aiming to provide excellent products and services.
Representatives from Bitget Wallet conducted an in-depth analysis of the current development status and market potential of the Turkish crypto industry during the event, expressing appreciation for the positive impact of this event on the local Web3 ecosystem. They also shared how Bitget Wallet has become the most user-friendly Web3 trading wallet through product innovation, emphasizing the leading role of decentralized trading in the future of the industry.
"Turkey is a vibrant country with a growing demand and interest in Web3," said a representative from Bitget Wallet at the Devconnect conference. "Amid high inflation rates and multiple uncertainties in the global economy, Turkey has become a hotbed for cryptocurrency investment."
Currently, users in the Turkish market mainly rely on centralized exchange (CEX) services and show a high interest in over-the-counter (OTC) trading. Bitget Wallet introduced its OTC services at the conference, including integration with secure and compliant payment providers such as MoonPay and Alchemy Pay, as well as access to Bitget P2P, enabling Turkish users to buy/sell mainstream cryptocurrencies like USDT, BTC, and ETH directly within the wallet using the lira.
Compared to CEX, Bitget Wallet offers non-custodial wallet services, ensuring that private keys are fully controlled by users, avoiding the risks associated with centralized exchanges and enhancing asset security. Recently, Bitget Wallet also launched an MPC wallet, allowing users to utilize decentralized wallet services without feeling the presence of private keys.
As a globally leading decentralized trading wallet, Bitget Wallet provides a trading experience comparable to centralized exchanges. It supports various trading modes, including on-chain price swaps, limit orders, and contract leverage. As a powerful multi-chain DEX aggregator, Bitget Swap supports nearly 30 public chains, aggregating liquidity from hundreds of DEXs and cross-chain bridges, and has pioneered innovative features such as gasless trading, automatic slippage, and intelligent on-chain K-line market data.
In addition to Swap trading, the Bitget Wallet ecosystem offers comprehensive on-chain services and DeFi solutions across more than 90 mainstream public chains, including NFT trading, DApp interactions, and staking rewards, enabling users to connect to various corners of the Web3 industry through a single wallet. The Turkish public has shown strong interest in the convenience and profit potential of Web3, particularly with a growing focus on emerging concepts such as NFTs and the metaverse. The diversification and maturity of the market, combined with effective dissemination through communities and social media, provide rich resources for the development of Web3. Bitget Wallet emphasized, "In the future, whenever users need to realize profits or preserve value in any scenario, such as GameFi or SocialFi, they can do so through our services."
According to on-chain statistics, Bitget Swap frequently ranks among the top ten DeFi projects in terms of trading volume and active users, often on par with MetaMask, and sometimes even leading. Feedback from communities around the world indicates that Swap trading is also the most favored and commonly used feature, with a smooth trading experience receiving widespread acclaim.
In the closing remarks, a representative from Bitget Wallet emphasized its significant position in the global crypto market and its commitment to the Turkish market: "Bitget Wallet currently serves over 12 million users worldwide, ranking among the top ten most popular crypto hot wallets globally. Particularly in the past October, our user download volume ranked fourth globally. By coming to Turkey, we have not only met many local friends but also gained a deep understanding of this market, which has made us acutely aware of Turkey's important value in the cryptocurrency world. We are committed to continuing to support the local crypto economy and builder teams, working hand in hand with ecological partners to deepen our presence in the Turkish market and contribute to the global cryptocurrency ecosystem."
