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Bitget Introduces GetScribe for Improved Blockchain Access

Finance Magnates

Cryptocoins News / Finance Magnates 86 Views

Bitget Wallet, a Web3 trading wallet formerly known as BitKeep, has introduced a new inscription ecosystem called GetScribe. The platform aims to simplify access to omnichain inscriptions by offering inscription management across 19 different blockchains, including Bitcoin, Ethereum, and Polygon.

Bitget Wallet Launches Omnichain Inscription Ecosystem

GetScribe provides users with single and batch inscription capabilities through Bitget Wallet's app and browser extension. It also features an inscription leaderboard covering the BTC Ordinals market and BRC-20 inscriptions to help users stay informed. The leaderboard tracks metrics like prices, fluctuations, trading information, inscription progress and participant counts.

Additionally, GetScribe plans to introduce a launchpad for emerging BRC-20 tokens to give Bitget Wallet users early access opportunities.

Bitget Wallet's Chief Operations Officer, Alvin Kan, said the company aims to aid users navigating inscriptions amid Bitcoin's growth, with a focus on contributing to Layer 2 protocols and steering innovation. Kan said Bitget Wallet is "committed to creating a rich on-chain asset selection platform" with powerful trading services and market insights.

Attention to inscriptions extends across the Bitget ecosystem. Bitget crypto exchangeoffers trading in various listed BRC-20 tokens and recently introduced Spot P2P enabling early trading of unlisted tokens. This allows users to move from minting inscriptions on Bitget Wallet to trading them on Bitget Exchange.

It is another wallet update from Bitget announced this year. As Finance Magnates reported nearly two weeks ago, the service introduced artificial intelligence tools that allow for tracking cryptocurrency whales. Moreover, Bitget Wallet shared its latest statistics, stating that in 2023 the number of its users exceeded 12 million.

Bitget Increases Customer Base to 20 Million

Staying on the topic of numbers and summaries, a separate report for 2023 was released by the entire Bitget exchange, which revealed that it had increased its customerbase to over 20 million, employed an additional 500 people, and its spot trading volumes grew 94%.

"Though originally focused on futures products, we reopened the spot market," said Chen. "In 2023, we went all-in in spot trading and our efforts have paid off significantly."

At the end of the year, the industry observed a general increase in trading volumes. According to the latest report from Finance Magnates Intelligence, in December 2023, these increased over 60% compared to the same period the previous year.

This article was written by Damian Chmiel at www.financemagnates.com.
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