Bitget’s new feature enables instant fiat deposits to Visa, Mastercard in 140+ currencies
Dubai: Cryptocurrency exchange and Web3 firm Bitget has launched a new conversion payout feature allowing users to instantly convert digital assets like Bitcoin (BTC) and Ethereum (ETH) into fiat and deposit the funds directly to their Visa or Mastercard accounts.
The update is designed to streamline the off-ramp process, offering a faster and more secure alternative to traditional bank transfers or peer-to-peer (P2P) transactions. By removing intermediary delays, Bitget enables real-time deposits directly to cards, significantly reducing settlement times and operational friction.
The feature supports over 140 fiat currencies, including USD, EUR, GBP, CAD, AUD, and JPY, providing users worldwide with easier access to their funds. Users can access the service from the platform’s "Buy & Sell Crypto" page by selecting the ‘Sell Crypto’ option, choosing a payment card, and receiving fiat instantly without banking bottlenecks.
“Integrating crypto into daily life means making it as simple to use as traditional money,” said Gracy Chen, CEO of Bitget. “Visa and Mastercard are among the most widely accepted payment methods globally. Giving users the ability to convert and access funds instantly is a crucial step in enhancing real-world utility for digital assets.”
The launch reinforces Bitget’s broader strategy to build frictionless bridges between crypto and traditional finance. By eliminating third-party risks common in P2P channels, the new card-based payout system enhances transaction speed, reliability, and success rates.
Bitget’s latest upgrade comes as part of a global push to improve fiat accessibility across its ecosystem. Recent platform updates have expanded both on-ramp and off-ramp options, improved processing speeds, added more currencies, and integrated local payment methods. These efforts aim to make managing and spending crypto as seamless as using any fiat-based financial service.
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