Bitget P2P Bolsters Middle East Fiat Options with 7 New Currencies


Victoria, Seychelles, November 7th, 2023, Chainwire

Bitget, the leading cryptocurrency derivatives platform and copy trading platform, has increased its support for fiat gateways in the Middle East region. Users can now utilize the platform’s peer-to-peer trading for seven currencies: DZD (Algerian Dinars), BHD (Bahraini Dinars), TND (Tunisian Dinars), JOD (Jordanian Dinars), QAR (Qatari Rials), MRU (Mauritanian Ouguiyas) and OMR (Omani Rials).

With the newly added fiat support, users can buy and sell cryptocurrency on Bitget’s P2P platform with zero fees. Payments can be made in local currencies with local payment methods.

“Our products are aligned with Bitget’s expansion plans in the Middle East. We want to enable our traders to trade in their preferred fiat currencies. With Bitget P2P we’re enabling a seamless and convenient trading experience for our valued users in the region. We’re focused on driving financial sovereignty as we make crypto accessible and user-friendly throughout the globe,” said Gracy Chen, Managing Director at Bitget.

The addition of these fiat currencies is a recent development. It is part of Bitget’s expansion strategy in the Middle East, recognizing the region’s prominence as a thriving hub for crypto activities.

Bitget’s peer-to-peer trading framework is designed to provide a smooth and easy trading experience with zero fees. The exchange also aims to obtain the necessary licenses and approvals from regulatory agencies to enable expansion and open regional offices. In recent months, the company has expanded its operations globally and registered as a Virtual Asset Service Provider (VASP) in Poland and Lithuania.

The launch of a specialized Euro (EUR) Fiat Gateway is exclusively for institutional accounts. Verified customers can enjoy a variety of features, including easy access to deposits and withdrawals.

With this new service, EUR transfers are more flexible, secure, and cost-effective. This improves the user experience on the Bitget platform.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and web3 company. Serving over 20 million users across 100+ countries, the Bitget Exchange is dedicated to helping its users trade more intelligently with its copy trading feature, among other trading solutions. Formerly known as BitKeep, Bitget is a multi-chain world-class crypto wallet. The company offers a wide range of comprehensive WeB3 Solutions and Features including Wallet functionality, Swap, NFT Marketplace, DApp browser and more. Bitget has collaborated with credible partners including legendary individuals and Argentinian Footballer Lionel Messi. PGL is the official eSports event organizer.

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Rachel Cheung
[email protected]

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