The “Quick Buy” function of Bitget Wallet, formerly known as BitKeep, has expanded its support for fiat currencies to include EUR, RUB, and JPY.
By adding support for EUR, RUB, and JPY fiat currencies, Bitget Wallet—formerly known as BitKeep—has expanded its “Quick Buy” service.
The Over-The-Counter, or OTC, capability of the crypto-wallet is being “enhanced” in order to give users more access choices.
By doing this, Bitget Wallet actually hopes to lower the entrance hurdles for Web3, which will involve the three new fiat currencies.
The Quick Buy service, which let customers easily buy and sell cryptocurrency, includes the integration.
Furthermore, Quick Buy works with over-the-counter service providers to integrate various payment systems that cater to the various needs of users worldwide.
The payment methods that Quick Buy accepts are Banxa, Transak, Simplex, MoonPay, Alchemy Pay, and FaTPay. Visa, PayPal, Mastercard, Apple Pay, and Google Pay are the available payment options.
Together with the present fiat currencies, which include USD, KRW, VND, THB, and others, there are now three more.
Bitget Wallet: the growth of Quick Buy for the purchase and sale of cryptocurrencies
With the help of Bitget Wallet’s Quick Buy service, cryptocurrency buyers and sellers may purchase and sell tokens from over 50 different blockchain networks, including USDT, USDC, ETH, BTC, and others.
Gracy Chen, managing director of Bitget, stated the following in this regard:
“Quick Buy facilitates seamless crypto purchasing for users worldwide, removing the barriers of fiat-to-crypto transactions. We look forward to empowering users to explore the Web3 space.
The launch of Quick Buy underscores our commitment to simplifying access to cryptocurrencies and facilitating crypto mainstream adoption. With its range of innovative features, Bitget is bringing crypto investing to the fingertips of users globally.”
Karry, the CEO of Bitget Wallet, however, made the following remarks on cryptocurrency trading:
“The core value proposition of this industry primarily revolves around asset management and trading.
We position ourselves as a trading wallet because offering asset trading services and serving as the connecting vector for asset circulation creates value by providing liquidity, facilitating price discovery, and enhancing asset availability.
Focusing on trading also allows us to reach a broader user base and capture various forms of value generated within trading activities. In the future, decentralized trading will emerge as the mainstream option, with payments being a critical application scenario for wallets.”
August report from the well-known cryptocurrency exchange
Bitget, a well-known cryptocurrency exchange that allows copy trading, has published its August 2023 report, which details its monthly activities, collaborations, improvements, and new products.
Among all of this, the Blockchain4Youth Builders initiative and the revised KYC criteria stand out.
In fact, Blockchain4Youth, a new corporate social responsibility (CSR) project, seeks to inspire young people to adopt Web3 and cryptocurrency tools by imagining a future built on blockchain technology.
August witnessed the start of that educational project’s Builders Program, which seeks to hire over 100 young people with aspirations to work in the fields of blockchain, Web3 technologies, and cryptocurrency.
Bitget also implemented revised obligatory Know Your Customer, or KYC, regulations at the same time, and they entered into force in September of this year. The intention is to make trading a safer environment by fortifying the user identity procedure.
