Bitget Wallet Integrates MoonPay for Fiat Withdrawals in 25+ Currencies Expanding Crypto Access

Bitget Wallet has introduced a fiat withdrawal feature in collaboration with MoonPay, enabling users to convert stablecoins such as USDT and USDC into over 25 fiat currencies directly within the self-custodial wallet. The integration allows users to sell their crypto assets for USD, EUR, GBP, AUD, and other currencies, with funds transferable to bank accounts, PayPal, Apple Pay, or linked Visa and Mastercard cards. This marks the first fiat off-ramping functionality for Bitget Wallet, expanding its role as a comprehensive crypto management platform.

The feature, accessible via the “Sell Crypto” section of the wallet, streamlines the process of converting digital assets to fiat. Users complete the transaction through MoonPay’s infrastructure, which includes compliance measures like KYC verification and anti-money laundering checks. Funds are typically deposited within minutes after approval, offering a transparent and user-friendly experience. Bitget Wallet users can now buy, spend, and now withdraw crypto in fiat, aligning with the platform’s goal of providing a full lifecycle of crypto services.

MoonPay, a regulated Virtual Asset Service Provider (VASP) in the EU and a Money Services Business (MSB) in the U.S., underpins the integration with its compliant infrastructure. The partnership highlights MoonPay’s expansion into bridging fiat and crypto ecosystems, enabling users to access real-time settlements while adhering to regulatory standards. Ivan Soto-Wright, MoonPay’s co-founder and CEO, emphasized the collaboration’s focus on delivering a “secure and intuitive off-ramping experience” to self-custody users.

Jamie Elkaleh, Bitget Wallet’s CMO, described the launch as a step toward advancing the platform’s “Crypto for Everyone” vision. By integrating fiat withdrawal, Bitget Wallet aims to solidify its position as a one-stop financial gateway for crypto users. The wallet plans to expand supported tokens and fiat currencies in future updates, further enhancing accessibility and control within decentralized finance. This move also complements existing features like in-app purchases and crypto card transactions, creating a seamless user journey from onboarding to offramping.

The collaboration underscores a growing trend of crypto wallets integrating fiat on-ramps and off-ramps to simplify user interactions with digital assets. By partnering with MoonPay, Bitget Wallet addresses a key pain point for crypto users seeking to convert holdings into traditional currency without relying on centralized exchanges. The integration’s emphasis on compliance and transparency aligns with broader industry efforts to balance innovation with regulatory adherence, potentially setting a precedent for future wallet integrations.

MoonPay’s recent addition of Revolut Pay support further illustrates its strategy to expand fiat-to-crypto interoperability. The ability to use Revolut Pay for 1-click crypto purchases in the UK and EEA complements Bitget Wallet’s new feature, reinforcing MoonPay’s role as a bridge between traditional finance and blockchain ecosystems. These developments collectively aim to reduce friction in crypto transactions, addressing barriers such as complex verification processes and payment method limitations.

The introduction of fiat withdrawal in Bitget Wallet reflects the maturing crypto industry’s shift toward user-centric, end-to-end solutions. By prioritizing accessibility and regulatory compliance, the platform positions itself to attract both retail and institutional users seeking a unified interface for managing digital assets. As decentralized finance continues to evolve, partnerships like this one are likely to shape the next phase of crypto adoption, blending innovation with practicality in a rapidly changing landscape.