Bitget, a prominent cryptocurrency exchange, has announced a strategic partnership with OnRamp Money, a crypto payment solutions provider, to simplify the process of converting fiat currencies to cryptocurrencies and vice versa.
This collaboration will offer Bitget users a wide range of options to buy and sell cryptocurrencies using various local currencies. Users can now leverage payment methods such as UPI, IMPS, bank transfers, and VietQR to transact in INR, NGN, AED, MXN, and VND, respectively.
One of the key highlights of this partnership is the introduction of a zero-fee offer for all cryptocurrencies on the Bitget platform. This move, along with the existing zero-fee offer for Bitcoin (BTC) and Ethereum (ETH), aims to attract more users to explore the world of digital currencies.
By eliminating fees associated with traditional banking channels, Bitget aims to promote inclusivity and accessibility within the crypto space. Gracy Chen, Managing Director at Bitget, emphasized the company’s dedication to advancing crypto adoption globally and democratizing crypto trading.
This partnership with OnRamp Money follows Bitget’s previous initiatives to enhance crypto accessibility through fiat. In March, Bitget Wallet integrated with Onmeta, a leading fiat on and off-ramp solution, expanding the gateway for users to purchase cryptocurrencies using local fiat currencies.
OnRamp Money recently secured seed funding from FunFair Ventures, further solidifying its position in the crypto payment solutions market. The collaboration between Bitget and OnRamp Money signifies a significant step towards making crypto trading more convenient and user-friendly for individuals worldwide.