Bitget, a leading cryptocurrency exchange and Web3 company, has launched Bitget Pay, a new service for instant cryptocurrency transactions. It is a contactless and peer-to-peer crypto payment solution available exclusively on the Bitget app. Amid growing global interest in digital currencies – according to Statista, the number of blockchain wallets is expected to exceed 250 million in 2023 – Bitget Pay will be an important tool to facilitate international transfers of digital assets.
Bitget Pay supports multiple cryptocurrencies including BTC, ETH and USDT, giving users flexible options for a variety of payment needs. The integration of blockchain technology provides high-speed transactions, allowing payments to be made in seconds, without the complexities of traditional banking systems. The user-friendly interface allows you to quickly transfer funds by selecting the desired cryptocurrency, scanning a QR code or entering the recipient’s address directly in the application.
The service is available to all Bitget users all over the world, without geographical restrictions, as long as there is an internet connection. The elimination of fees for cryptocurrency transfers makes Bitget Pay a cost-effective solution for international payments and cross-border commerce, further simplifying the user experience.
For secure transactions, Bitget Pay requires verification (KYC) from both the sender and the recipient. Users can send payments by entering the recipient’s email, phone number, or Bitget account UID. QR code scanning is also available for instant transfers. When making a payment, users can select any supported cryptocurrency from their balance and the platform will execute the transaction at the current exchange rate in real-time, without charging a fee.
Thanks to the efficiency of blockchain protocols, Bitget Pay provides near-instant transactions, avoiding the delays common to traditional systems. Users can send payments worldwide, without geographical restrictions, using a QR code or address for seamless, commission-free transfers.
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The launch of Bitget Pay reflects the current trend towards greater adoption of digital currencies, responding to the growing demand for efficient and borderless financial transactions. With a secure platform and commission-free policy, Bitget Pay will strengthen the global crypto-payments market and move closer to reaching its goal of 100 million users in its ecosystem. To start using Bitget Pay, you need to go to the app.
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