Education

Bitget Wallet Partners with Linea for Ethereum Layer 2

Published on December 14, 2023

Bitget
Wallet, formerly known as BitKeep, a Web3 trading wallet, has recently
unveiled a strategic collaboration with the Ethereum Layer 2 network, Linea.
The partnership aims to propel the development and expansion of the Linea
ecosystem, marking a step towards enhancing Ethereum’s usability.

Bitget
Wallet has integrated with the Linea mainnet, offering users enhanced wallet
connectivity and support for Linea’s mainnet and associated projects. This
integration allows Bitget Wallet users to access the Linea mainnet via their
mobile app and browser extension. Users can manage assets on the Linea
ecosystem, partake in multi-chain swaps for Linea mainnet tokens, access
real-time candlestick data, and engage with projects within the Linea ecosystem.

Alvin Kan, Chief Operating Officer, Bitget Wallet, Source: LinkedIn

Linea,
developed by ConsenSys leverages zero-knowledge proof technology to provide
efficient scaling solutions for Ethereum. The collaboration between Bitget
Wallet and Linea includes the launch of the “DeFi Voyage” event on
Bitget Wallet’s Task2Get platform. This event marks the initiation of the
second phase of Bitget Wallet’s Task2Get initiative, allowing users to explore
the Linea ecosystem within the wallet.

Task2Get,
an incentive platform introduced by Bitget Wallet, rewards users for
participating in various on-chain interaction tasks. This initiative offers
users the opportunity to both learn and earn from diverse ecosystems.

Alvin
Kan, Chief Operating Officer of Bitget Wallet, emphasized the company’s
commitment to actively participating in the Web3 ecosystem. He stated:
“This will allow users to explore and interact with decentralized
ecosystems while earning rewards at the same time.”

Bitget’s
$30 Million Infusion: A Capital Leap for BitKeep’s Transformation

The
collaboration with Linea is poised to further solidify Task2Get’s role in
fostering market growth. Finance
Magnates reported earlier that after amassing 10 million users from nearly
170 countries over five years, the
multi-chain non-custodial crypto wallet BitKeep has rebranded as Bitget Wallet
following its acquisition and a $30 million capital infusion from Bitget in
March.

Bitget introduced Bitget
Swap, an intelligent DEX aggregation service across 100 DEXs, providing optimal
prices and best-in-class liquidity. This feature integrates seamlessly with
other platform elements like token management, NFT Market, DApp Browser, and Launchpad,
eliminating the need for external platforms.

Bitget
Wallet sees this transformation as a milestone in embracing the future of Web3
trading, offering faster transactions, unmatched DEX aggregation, and seamless
cross-chain convenience. The Middle East, particularly the UAE and Bahrain, is
becoming a focal point for crypto ambitions, with Bitget establishing a
presence in downtown Dubai, riding the wave of the region’s 400% increase in
crypto-oriented businesses in the past two years.

The
MENA region’s crypto uptake represents 9.2% of global transactions, making it
the fastest-growing digital currency sector. Bitget joins other exchanges in
recognizing the region’s potential and securing licenses to participate in the digital
asset market.