Bitget Wallet announced on Tuesday it has launched a fiat withdrawal feature through a new partnership with crypto payments platform MoonPay
In a press release shared with CryptoNews, the wallet provider explains the integration allows users to sell stablecoins such as USDT and USDC for over 25 fiat currencies, including USD, EUR, GBP, and AUD, directly within the self-custodial wallet.
The feature is accessible via the “Sell Crypto” page in Bitget Wallet. Users can select their token and preferred fiat currency and complete the transaction through MoonPay.
The process includes Know Your Customer (KYC) verification and supports payouts via Apple Pay, Visa, and Mastercard. Once approved, funds are deposited directly into the chosen payment method, often within minutes. This is the first time Bitget Wallet has offered fiat off-ramping, rounding out its crypto lifecycle offerings.
Regulated Infrastructure and Real-Time Settlement
MoonPay is a firm registered as a Virtual Asset Service Provider (VASP) in the EU and a Money Services Business (MSB) in the United States.
All transactions go through compliance checks, including identity verification and anti-money laundering procedures. Users can track the progress of their withdrawals within the Bitget Wallet app and receive updates via email, ensuring a transparent and streamlined experience.
“Partnering with Bitget Wallet allows us to bring a secure and intuitive offramp experience to a wider community of self-custody users,” said Ivan Soto-Wright, Co-Founder and CEO of MoonPay.
Bitget Wallet Expands Full-Service Crypto Management
Currebtly users can buy digital assets through the wallet, use them for purchases via an in-app shop, crypto card, or QR payments, and now convert holdings back to fiat.
“This launch advances our Crypto for Everyone vision,” said Jamie Elkaleh, CMO of Bitget Wallet. “It strengthens our role as a comprehensive financial gateway.”
Bitget Wallet plans to expand token and fiat currency support in future updates, continuing to enhance accessibility and user control within the decentralized finance space.
MoonPay Adds Support for Revolut Pay
Last week, Moonpay announced that it now supports Revolut Pay, a payment method from the major neobank Revolut.
MoonPay supports 1-click cryptocurrency purchases using Revolut Pay in the UK and EEA. The team says that this move enables “a frictionless way” to move money from the neobank straight into crypto.
Additionally, it simplifies the buying process and transactions for users who have a Revolut account. It eliminates the challenges commonly associated with debit and credit card transactions, they claim.
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