Bitget Wallet, a leading all-in-one Web3 multi-chain wallet, announced its plans to expand into the Turkish market during the Devconnect conference in Istanbul.

Bitget Wallet was announced during the week-long Ethereum developer conference organized to discuss technical advancements and challenges in the market. In addition to being an attendee, Bitget Wallet sponsored the unstable Sumit and co-sponsored several offline events with 1inch, a prominent decentralized trading protocol.

While making the announcement, Bitget Wallet’s representatives highlighted the wallet’s commitments to the Turkish market, including providing exceptional products and services. Bitget Wallet’s initiative will focus on delivering localized Web3 services while forming strategic partnerships with local projects and key stakeholders. Through this move, Bitget Wallet also plans to launch a series of ecosystem activities tailored to the Turkish market.

The representatives also provided the attendees with a detailed analysis of Turkey’s cryptocurrency industry. The presentation acknowledged Turkey’s development and potential for decentralized exchanges and pointed out the positive impacts of the conference on the local Web3 ecosystem.

A Bitget Wallet spokesperson at the conference remarked:

“Turkey is a dynamic country with a rapidly growing interest in Web3. Facing high inflation and global economic uncertainties, Turkey is emerging as a significant investment hub for cryptocurrencies.” He emphasized, “In the future, our services will be available in various scenarios, including GameFi and SocialFi, for transaction execution and value preservation.”

In the recent past, there has been a significant surge in Web3 interest within the Turkish public, particularly NFTs, the Metaverse, Web3, and more. The Turkish market strongly relies on centralized exchanges with a heavy dependency on over-the-counter (OTC) trading. With the new initiative, the Turkish market will now enjoy Bitget Wallet’s OTC services that offer access to Bitget P2P. Notably, users can directly use libra within the wallet to sell and buy mainstream cryptocurrencies like BTC, USDT, and ETH.

Bitget Wallet also pointed out that it will offer users a trading experience similar to CEXs while offering all the benefits that come with decentralized technology and Web3. In their conclusion, the representatives reaffirmed Bitget Wallet’s commitment to the global and Turkish cryptocurrency markets.

Bitget Wallet is operated under Bitget, a leading crypto derivative trading platform. Formally known as BitKeep, the Bitget wallet has gained over 12 million users across the globe. Over the years, the wallet has formed various strategic partnerships, including BNB Chain, Ethereum, Arbitrum, Polygon, and Turkey.

For more information, please check the Bitget Wallet website. 

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Filed under: Bitcoin - @ November 17, 2023 10:01 pm