Speed Wallet Crosses 1.5 Million Users in Under a Year by Fixing What's Broken in Crypto

Dubai, UAE - Speed Wallet, the fast-growing Bitcoin and stablecoin wallet, has surpassed 1.5 million users in less than 12 months, making it one of the MENA region's fastest-scaling fintech apps. That's over 4,000 new signups every day.
Speed Wallet's success stems from tackling the biggest frustrations faced by crypto users - high fees, slow settlements, poor exchange rates, and confusing interfaces - and replacing them with a seamless, affordable, and rewarding experience.

Fixing the Pain Points of Crypto Users
High fees: Traditional exchanges often charge hidden fees and inflated spreads, meaning users lose money the moment they buy. Speed Wallet ensures transparency - users buying $100 of Bitcoin get $100 of Bitcoin, with no hidden deductions. Frequent promotions allow new users to earn up to $1,500 in Bitcoin bonuses on their first purchases.
Slow transactions: Through native Lightning Network integration, payments and transfers settle in seconds with minimal cost. Users can send remittances, make retail payments, or move funds internationally without waiting hours for confirmation.
Limited interoperability: Speed Wallet is one of the first platforms to enable USDT transactions across Lightning, Ethereum, and TRON within a single app - and it also supports USDC on Lightning, giving users unparalleled flexibility and network coverage.
Exchange friction: With zero-fee instant swaps between Bitcoin, USDT, and USDC, Speed Wallet removes the need for external exchanges or locked balances. Users retain complete control of their assets while switching between them seamlessly.

Turning Spending Into Earning
Every transaction with Speed Wallet can earn rewards. Users can receive up to 5x Bitcoin rewards on daily payments, including gift card purchases from over 1,000 global brands through Bitrefill. Rewards are instantly redeemable in Bitcoin sats, offering users real value for everyday spending.

A Wallet Built for the UAE
Speed Wallet's growth aligns with the UAE's accelerating crypto adoption - nearly one in three residents now owns digital assets, and crypto app downloads have reached 2.8 million nationwide. With multi-language support, biometric security, and a simplified interface, Speed Wallet is tailored to the UAE's diverse, tech-forward population.
"People are done with clunky, high-fee crypto platforms," said Jay, CEO of Speed Wallet. "They want a wallet that actually works - fast, fair, and easy. Our 1.5 million milestone proves that's exactly what users have been waiting for."
Speed Wallet continues to expand with new features, including transaction reports, advanced integrations, and a community-driven Beta Program.

Speed1, Inc.
304 South Jones Boulevard, Suite 520 Las Vegas, NV 89107
Email: support@speed.app

Speed Wallet is a next-generation Bitcoin and stablecoin wallet designed for everyday use. Supporting Bitcoin, USDT (Lightning, Ethereum, TRON), and USDC, it offers instant payments, zero-fee swaps, integrated rewards, and a built-in Mini Apps ecosystem. Available on iOS, Android, and Chrome at www.speed.app.

This release was published on openPR.