Global, 7 August 2025 – Bitget, a major global crypto exchange and Web3 enterprise, has introduced a new conversion payout feature, enabling users to convert cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) into fiat with immediate deposit to Visa or Mastercard. This feature modernises the off-ramp process by eliminating banking delays and providing a faster, safer alternative to peer-to-peer transfers.
The system supports over 140 fiat currencies, including USD, EUR, GBP, CAD, AUD, and JPY, offering global users a real-time, borderless solution. By removing intermediary steps, Bitget’s card-based payouts reduce settlement time and eliminate exposure to P2P-related risks—delivering superior speed and reliability.
Utilising existing credit and debit card pathways, this solution simplifies the user journey. Access is available via Bitget’s “Buy & Sell Crypto” interface, where users can select the ‘Sell Crypto’ option, choose their card, and instantly receive fiat—bypassing traditional banking bottlenecks.
“Integrating crypto into daily life means making it as simple to use as traditional money,” said Gracy Chen, CEO at Bitget. “Visa and Mastercard are among the most widely accepted payment methods worldwide. Giving our users the ability to convert crypto and access funds instantly on these platforms is a crucial step toward making digital assets more functional for real life utility.”
This rollout exemplifies Bitget’s ongoing commitment to integrating digital and traditional financial systems. The upgrade enables users to quickly convert and access fiat with minimal friction, advancing the usability of crypto assets in practical scenarios.
Bitget’s Visa and Mastercard payout function is part of a global initiative to enhance fiat compatibility across its ecosystem. Recent improvements include faster transaction settlement, wider fiat currency support, and expanded regional payment channels—bringing digital finance one step closer to universal everyday utility.
