Bitget Wallet, a web3 trading wallet previously known as BitKeep Wallet, has launched a new feature called Smart Money that utilizes artificial intelligence (AI) to refine trading strategies. This innovative tool leverages real-time analysis and processing of on-chain data to identify and track over 6,000 historically successful Smart Money addresses on Ethereum. These addresses belong to experienced traders who often predict key market trends through their trading maneuvers.
The Smart Money feature also performs safety checks and will soon be expanded to other blockchains such as BNB Chain, Solana, Polygon, and Avalanche. This expansion aims to widen its reach and provide traders with valuable insights into market dynamics across multiple platforms.
With the Smart Money feature, Bitget Wallet aims to empower individual traders by providing them with clear and timely trading signals. Users will have access to comprehensive details about the Smart Money addresses currently engaged in trading, including the cryptocurrency being traded, transaction prices and volumes, and the number of holding addresses. This information will be easily accessible through the Bitget Wallet mobile app, allowing users to stay updated in a similar manner to scrolling through social media feeds.
By observing Smart Money movements and real-time trading profits and losses, users can learn from professional investors and whales, discovering new opportunities for on-chain trading. The goal is to bridge the gap between ordinary investors and the privileged few who have access to valuable information and resources in the crypto market.
In addition to the Smart Money feature, Bitget Wallet also offers Bitget Swap, an on-chain trading feature that supports nearly 30 mainnets. This feature aggregates liquidity from hundreds of decentralized exchanges (DEXs) and cross-chain bridges, eliminating common issues such as gas tokens and high slippage. This allows users to freely trade any assets on any network, providing a comparable experience to centralized exchanges.
Bitget Wallet’s introduction of the Smart Money feature sets it apart from other wallets that offer swap functionality. The focus on on-chain market data not only aggregates trends and market leaderboards but also assists users in discovering new assets and trading opportunities.
Bitget Wallet operates in an ecosystem with Bitget Exchange, a crypto derivatives trading platform. Bitget Exchange utilizes new technologies such as AI to help investors trade smarter. Experienced traders can share their proven trading strategies, enabling newcomers to learn from their success. This integration of professional tools and strategies creates a win-win situation for all participants.
Bitget Wallet, formerly known as BitKeep, is an all-in-one web3 multi-chain wallet. In 2023, Bitget made a $30 million investment in BitKeep, acquiring a controlling stake and subsequently rebranding it as Bitget Wallet in August.
With the launch of the Smart Money feature, Bitget Wallet aims to provide users with a wide selection of on-chain assets and robust on-chain trading services. The goal is to empower traders to seize new opportunities in the ever-evolving web3 landscape.
Disclaimer: This article does not constitute investment advice and is intended for educational purposes only.
