Bitget has rolled out a conversion-payout feature allowing users to instantly convert crypto assets like Bitcoin (BTC) and Ethereum (ETH) into fiat, deposited directly to their Visa or Mastercard.
This innovation slashes the delays and complexity typical of off-ramping, providing a rival to slow bank transfers or peer-to-peer methods.
The service supports over 140 fiat currencies, USD, EUR, GBP, CAD, AUD, JPY, and more, offering users worldwide access. By routing payouts through cards, Bitget removes intermediary delays and third-party risks, thereby improving both speed and success rates.
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Accessible via Bitget’s “Buy & Sell Crypto” page under the ‘Sell Crypto’ option, the feature enables users to choose their card and receive fiat instantly. This direct path eliminates bottlenecks linked to banking networks and traditional processing delays.
Gracy Chen, Bitget’s CEO, emphasized the importance of bridging crypto with daily life, stating: “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.”
The launch reflects Bitget’s strategy to deliver efficient real-world integration between digital assets and traditional finance. It expands on-ramp and off-ramp options with faster processing, increased currency support, and localized payment methods, paving the way for frictionless crypto management and spending.