Bitget Launches Instant, Fee-Free Crypto Payments for Global Transactions
New Bitget Pay Service Offers Fast, Secure, and Cost-Free Crypto Payments Worldwide
Global cryptocurrency exchange Bitget has introduced Bitget Pay, an innovative payment service that enables instant, fee-free cryptocurrency transactions worldwide. Available within the Bitget App, Bitget Pay allows users to make quick and secure peer-to-peer payments across borders without any fees, making it a valuable tool for anyone seeking efficient digital payments.
Key Features of Bitget Pay
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Instant Transactions: Bitget Pay uses blockchain technology to complete transactions within seconds, ensuring a fast and seamless experience. This speed makes it ideal for real-time payments, whether for international purchases, personal transfers, or business transactions.
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Fee-Free Payments: The service is completely free of transfer fees, offering users a cost-effective alternative to traditional payment methods for international and cross-border transactions.
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Multiple Cryptocurrency Options: Bitget Pay supports widely used cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), giving users flexibility to choose the best option for each transaction.
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User Security: Both the sender and the recipient must complete KYC (Know Your Customer) verification to ensure secure transactions. This security measure helps to safeguard user accounts and transactions.
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Worldwide Access: The only requirement for using Bitget Pay is an internet connection, making it accessible to Bitget’s global user base, which includes more than 45 million users in over 150 countries.
How Bitget Pay Works
To initiate a payment, users select any supported cryptocurrency from their Bitget balance. Bitget Pay then processes the payment at current exchange rates, without adding extra charges. Blockchain protocols power the transactions, eliminating geographical barriers and ensuring near-instant delivery of funds.
Expanding Bitget's Ecosystem
Bitget, founded in 2018, has grown into one of the world’s leading cryptocurrency exchanges, known for innovative trading features like copy trading, real-time price tracking, and its Bitget Wallet (previously BitKeep). This multi-chain wallet provides a range of Web3 services, including token swaps, an NFT marketplace, wallet services, and access to DApps (decentralized applications), offering users a comprehensive Web3 experience.
Strategic Partnerships and Global Reach
To increase awareness and adoption, Bitget has established partnerships with high-profile organizations and figures. It is the official cryptocurrency partner for LALIGA in Eastern Europe, Southeast Asia, and Latin America, helping promote digital currency to new audiences. Bitget has also teamed up with international athletes, including wrestling world champion Buse Tosun Çavuşoğlu, boxing champion Samet Gümüş, and volleyball star İlkin Aydın, to drive global engagement with crypto.
Recent Developments
In November 2023, Bitget launched a EURO fiat gateway for verified institutional accounts, enabling secure deposits and withdrawals in euros. This feature expands the range of services for users in Europe and aligns with Bitget’s goal of onboarding 100 million users into its growing ecosystem.
With the introduction of Bitget Pay, Bitget aims to enhance the global crypto payments landscape by offering users an efficient, fee-free option for secure, cross-border transactions.
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