BitKeep Wallet Review | One Of The Best New Crypto Wallets?
Jack Moreau
Apr 2024
9 min read
Fact checked
Introduction: The crypto wallet landscape is expansive and ever-evolving with a wide range of wallets to choose from. Our thorough examination of Bitget Wallet (previously BitKeep Wallet) provides clarity on its capabilities and features, making your selection process all that much easier!
BitKeep wallet was launched in 2018 by co-founders Kevin Como and Karry Cheung and was acquired by Bitget in 2023.
Following the acqusition, BitKeep rebranded as Bitget Wallet following a $30 million fundraise with Kevin Como stepping down as CEO. The company is based in the Cayman Islands and has over 100 employees distributed around the world.
The Bitget Wallet (formerly BitKeep) is a non-custodial and private multi-chain digital wallet that enables its users to access over 90 blockchains and 200,000 cryptocurrencies.
With this software wallet users can easily access DeFi Dapps across the supported ecosystems, swaps their coins and tokens, store and trade NFTs and more.
The wallet is used by over 12 million users around the world and is available on Android and IOS where it has received a 4.2 star rating based on 20,000 reviews.
For those that prefer to download wallets directly in their browser, the Bitget wallet is also available on Chrome and Brave where it has been downloaded over 90,000 times.
BitKeep Crypto Wallet
To get started with Bitget Wallet, users must first either download the application on Android, IOS or via the browser on Chrome or Brave.
Once the wallet has been downloaded, users have to either create a new wallet account or import an existing by inserting their seed phrase. Users must next create a strong password to access the wallet and decide if they wish to continue with a 12 or 24 word seed phrase.
The wallet design is modern and very beginner friendly and users can easily toggle between different blockchains and incorporate the ones they want to see.
Users can easily send and receive tokens from the over 90 blockchains that are supported by the wallet. NFTs can be visualised within the wallet and the swap functionality is clearly visible at the top of the wallet.
Users can also click on the Discover Icon in order to access the Dapp Store icon which leads to the Bitget Web 3 section of the website. Here users will find all DefI opportunities that are supported by the wallet.
For users the wish to buy cryptocurrencies with fiat currencies, they can just click the buy button which will take them to a landing page where they can buy with third-party providers like Simplex, MoonPay and AlchemyPay.
BitKeep Wallet Features
Previously known as BitKeep, Bitget Wallet has solidified its reputation as one of Asia's leading Web3 multi-chain wallets.
The wallet offers a comprehensive set of features that includes on-chain products and DeFi services, ranging from basic wallet services to Swap features, NFT trading, and Dapp browsing.
The Bitget Swap allows users to easily swap digital assets from over 90 popular blockchains like Bitcoin, Ethereum, Litecoin, Cosmos, Solana and many others.
By connecting to over 100 decentralised exchanges and 16 cross-chain bridges, the wallet ensures that users always receive the best trading prices across the network.
Bitget Wallet also offers gasless swaps which eliminates the need for users to have the native network token. This cuts out the intermediate step of depositing mainnet tokens and leads to a smoother experience.
When it comes to the world of NFTs, Bitget Wallet users can dive into a vast pool of 220,000+ NFT assets, trading them using any cryptocurrency of their choice, thanks to the wallet's integration with leading NFT marketplaces like OpenSea, Element, and LooksRare.
Rounding off its features, the Bitget Wallet's Web3 Portal is a doorway to over 20,000 DApps from diverse blockchain ecosystems. Not only does it ensure secure interactions with these DApps, but it also facilitates seamless switching between blockchains.
The Bitget Wallet is a non-custodial wallet that grants users full control over their private key and mnemonics. The Bitget Wallet team is taking security very seriously and has established a $300 million protection fund.
Should there be any asset losses attributed to issues from within the Bitget Wallet platform, this fund will step in, compensating users to make certain that their rights and financial interests remain intact.
The wallet's code is further available on their GitHub repository, which means that anyone can access it, review it, and even contribute to it. Bitget Wallet is also conducting frequent code audits via their collaboration with Certik and SlowMist.
For an extra layer of security, all wallet activities necessitate passcode verification, adding depth to our protective measures for daily transactions and private key accessibility.
Informed by real-time industry security incidents, the team has optimised their signature authorisation security system to integrate alerts for prevalent fraudulent scenarios. The Bitget authorisation detection tool allows users to identify and negate any risky authorisations within the Bitget Wallet.
The Wallet further leverages Github's open-source libraries and Go+ interfaces to spot and flag suspicious websites promptly, significantly reducing the risk of users inadvertently engaging with malicious links.
And for those who prefer offline asset management solutions, the wallet offers a seamless way to import Keystone hardware wallets using a QR code mode.
Author
Jack Moreau
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.