Bitget Simplifies Crypto Purchases in India, UAE, Mexico with OnRamp Money Partnership
Crypto exchange Bitget on Tuesday announced a partnership with payment solutions provider OnRamp to streamline the conversion of fiat money into cryptocurrencies.
Through the partnership, Indian users can now use United Payments Interface (UPI) and Immediate Payment Service (IMPS) for INR deposits. Users in Nigeria, United Arab Emirates, and Mexico can deposit NGN, AED, and MXN respectively through bank transfers.
Additionally, Vietnamese users can use VietQR, a mobile QR code payment system, for VND deposits.
This breadth of supported currencies grants users convenient mechanisms for converting between crypto and fiat currencies.
Notably, Bitget is extending a zero-fee offer for all cryptocurrencies in conjunction with the integration. This move complements its existing policy of eliminating fees for Bitcoin (BTC) and Ethereum (ETH) transactions processed within its platform.
Bitget’s collaboration with OnRamp will allow users to acquire cryptocurrencies through familiar banking channels, eliminating any associated fees.
OnRamp offers compatibility with over 20 blockchain networks, including Ethereum, Arbitrum, Avalanche, and Solana. It is recognized for its developer-centric philosophy, providing customizable solutions that cater to specific user requirements.
The provider prioritizes accessibility in emerging markets, streamlining the onboarding process for new users. This focus is particularly evident in regions like India, where it has integrated popular services like UPI and IMPS. These integrations effectively minimize transaction failure rates, thereby enhancing user accessibility.
“The integration is a step closer to our mission to drive mass adoption of crypto, making it easy for people around the world to trade
