Bitget has introduced a feature that enables customers to quickly convert their cryptocurrency into fiat currency and directly deposit the funds into their Visa or Mastercard account.

This initiative seeks to simplify the off-ramping process, providing users with a more secure and swift alternative compared to traditional bank transfers or P2P exchanges. The platform currently supports 140 fiat currencies, including USD, EUR, GBP, CAD, AUD, and JPY, making it accessible globally while reducing third-party risks and boosting success rates.

Immediate Crypto Deposits

The new capability integrates with existing credit and debit card networks, offering a straightforward method for converting and transferring assets. Users can access this feature from Bitget’s ‘Buy & Sell Crypto’ page, selecting the ‘Sell Crypto’ option to receive fiat currency immediately without waiting periods or delays typically associated with bank transfers.

This move by Bitget aims to drive crypto adoption by making it more convenient, secure, and user-friendly. It enables users to incorporate cryptocurrencies into their daily lives, providing real-time access to funds on these platforms through familiar payment methods like Visa and Mastercard. These cards are widely accepted globally, enhancing the ease of use for customers.

The payout feature underscores Bitget’s dedication to linking crypto with traditional finance in a practical way. The rollout accelerates users’ ability to liquidate digital assets and access fiat currency more easily, expanding the utility of cryptocurrencies for everyday transactions. As part of this broader strategy, recent updates have expanded on-ramp and off-ramp options, improving processing times and local payment integrations. This aims to reduce barriers between traditional finance and digital assets, allowing users to manage, convert, and spend their cryptocurrency effortlessly.