Bitget MENA is revolutionizing the way individuals in the Middle East and North Africa region participate in the world of digital currencies. Through a strategic partnership with Onramp Money, a leading crypto payment solution provider, Bitget MENA is offering users the ability to seamlessly buy and sell cryptocurrencies using their local fiat currency, including the AED. This collaboration comes as a response to the surge in daily active crypto users on centralized exchanges in the region, which has seen significant growth from 330,000 in February 2023 to 500,000 in February 2024.
The partnership with Onramp Money presents a game-changing opportunity for users to easily convert between fiat and crypto assets in real-time, enhancing the overall experience of interacting with digital currencies. By offering various channels for users to buy cryptocurrency, including methods such as UPI, IMPS, bank transfers, and VietQR, Bitget MENA ensures that users have access to convenient and reliable tools for exchanging between crypto and fiat currencies.
Crypto ramps play a crucial role in the crypto ecosystem, acting as bridges that facilitate the onboarding of new users and the off-ramping of existing users looking to cash out their digital assets. With the support of Onramp Money, Bitget MENA users can now access cryptocurrencies through traditional banking channels without incurring any additional fees, making it easier for newcomers to explore the world of digital currencies and promoting inclusivity within the space.
Sam Spiers, the Regional Director of Bitget MENA, emphasizes the significance of crypto on-ramps in bridging the gap between traditional financial systems and digital assets. By partnering with reputable service providers like Onramp Money and Alchemy Pay, Bitget MENA aims to deliver secure and seamless on-ramping services to cater to the growing demand for crypto accessibility in the MENA region. These strategic collaborations exemplify Bitget's commitment to providing its users with enhanced functionalities and a user-friendly experience when engaging with digital currencies.
Earlier this month, Bitget MENA expanded its partnership network by joining forces with Alchemy Pay to enhance services for Indian users seeking seamless crypto purchasing options. Through the integration of Alchemy Pay's On-Ramp, Bitget users now have the ability to utilize the Indian Rupee (INR) to acquire cryptocurrencies, further simplifying the conversion process between fiat and digital assets. These initiatives are part of Bitget MENA's broader mission to facilitate easy access to cryptocurrencies for users across different regions and backgrounds.
Looking ahead, Bitget MENA remains focused on its goal of democratizing access to digital currencies and fostering widespread adoption of crypto assets. By providing comprehensive support for over 140 fiat currencies and offering direct purchases of major cryptocurrencies like USDT, BTC, and BGB on its exchange platform, Bitget MENA continues to expand its global footprint and cater to the evolving needs of its diverse user base.
In addition to its efforts in creating seamless on-ramping experiences, Bitget MENA has prioritized the Middle East and North Africa region by offering Arabic language support on its website and mobile application. Furthermore, users in the region benefit from zero fees for buying and selling cryptocurrencies through Bitget P2P, ensuring a frictionless and user-centric approach to crypto trading.
Established in 2018, Bitget has emerged as a leading cryptocurrency exchange and Web3 company, serving millions of users worldwide and providing innovative trading solutions to help individuals trade smarter. Through strategic partnerships, user-centric initiatives, and a commitment to accessibility and inclusivity, Bitget MENA is driving the democratization of digital currencies in the Middle East and North Africa region, paving the way for a more inclusive and diverse crypto ecosystem.
