Bitget, a leading global cryptocurrency exchange and Web3 innovator, has launched a new conversion payout function enabling users to instantly transform crypto holdings like Bitcoin (BTC) and Ethereum (ETH) into fiat, with direct deposits to Visa and Mastercard accounts. This development simplifies the off-ramp experience by offering a quicker and more secure alternative to conventional bank transfers and peer-to-peer methods.
Supporting more than 140 fiat currencies, including USD, EUR, GBP, CAD, AUD, and JPY, Bitget’s new card-based payout mechanism provides seamless international accessibility. The removal of intermediaries facilitates real-time deposits, while eliminating third-party risks frequently encountered on P2P platforms—enhancing both transaction speed and reliability.
Building on existing debit and credit card infrastructure, the feature offers a refined off-ramping experience. Users can navigate to Bitget’s “Buy & Sell Crypto” page, choose the ‘Sell Crypto’ function, select their payment card, and receive fiat funds instantly—bypassing the traditional delays associated with banking systems.
“Integrating crypto into daily life means making it as simple to use as traditional money,” said Gracy Chen, CEO at Bitget. “Visa and Mastercard are among the most widely accepted payment methods worldwide. Giving our users the ability to convert crypto and access funds instantly on these platforms is a crucial step toward making digital assets more functional for real life utility.”
This new service reflects Bitget’s commitment to strengthening practical connections between crypto and traditional finance. By allowing fast conversion and seamless fiat access, the platform supports greater day-to-day usability for digital assets.
The Visa and Mastercard payout upgrade forms part of Bitget’s global strategy to expand fiat accessibility. Recent developments have enhanced both on-ramp and off-ramp functionality through faster processing, broader currency support, and localised payment methods—breaking down the barriers between digital and traditional finance.