Thursday, December 19

Bitget, one of the top crypto derivatives and copy trading platforms, has unveiled a new on-ramp service that enables users to buy cryptocurrencies using VISA and Mastercard. This latest offering seeks to increase convenience for users by allowing them to add fiat liquidity to the platform with ease. Moreover, it aims to expand Bitget’s global reach and presence.

With support for over 140 fiat currencies, Bitget’s new service allows users to buy USDT, BTC, and BGB directly through the exchange platform using VISA and Mastercard. To commemorate the launch, Bitget is hosting the Zero Fees event, featuring zero fees for transfers and a prize pool of 100,000 USDT. The event kicked off on April 21 at 10 AM UTC and is only open to the first 10,000 users who complete a transaction worth 300 USDT or more using their credit or debit card.

Gracy Chen, the Managing Director of Bitget, emphasized that the launch of the new on-ramp service is aimed at providing greater convenience for users when depositing fiat currencies using bank cards. As one of the leading cryptocurrency exchanges in the world, Bitget has always been committed to providing a secure and sustainable bridge between traditional and blockchain finance.

By enabling different fiat on-ramp solutions, the exchange is able to create accessible gateways that serve international users and communities. This will ultimately contribute to the growth of the crypto market and help promote the widespread adoption of cryptocurrencies as a viable alternative to traditional financial systems.

Chen believes that this new on-ramp service will provide a higher degree of convenience to Bitget’s users, making it easier for them to access the platform and engage in crypto trading. The launch of this service is a crucial step towards realizing the goal of crypto mass adoption and strengthening Bitget’s position as a leading player in the cryptocurrency market.

As Bitget continues to expand its global operations and attract new audiences, the launch of the new service arrives as a timely addition. Bitget’s native token, BGB, has been demonstrating strong market performance, with a 500% increase in trading volume and reaching an all-time high value of $0.51 in February this year. The experts attribute this growth to the growing influence of Bitget in the crypto market and its ongoing expansion into new services as per its ‘Go Beyond Derivatives’ development strategy.

The launch of the new on-ramp service is expected to provide a higher degree of convenience to Bitget users, and simplify the process of acquiring cryptocurrencies using bank cards. Users can log into their Bitget accounts, click on the “Buy Crypto” button, add a new debit or credit card to their account, select a currency, and complete a purchase transaction. The new service is a crucial step towards the mass adoption of cryptocurrencies and the growth of Bitget’s user base.

Read Also: Bitget and Core DAO Unveil $200M Fund For Early-stage DApp Projects

Share.

Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

Comments are closed.

Exit mobile version