Bitget, a crypto exchange based in Seychelles, has integrated Google Pay and Apple Pay to enable users to convert their fiat currency to cryptocurrency.
Bitget users can purchase more than 100 cryptocurrencies with numerous fiat currencies on the platform.
In the announcement, Bitget explained that with the addition of Google Pay and Apple Pay, users can complete transactions in less than a minute. The platform now supports more than 140 fiat currencies.
The Platform Seeks To Simplify And Broaden Access To Crypto
Directors from Bitget noted that by combining the vast user base of the two payment apps, which is more than 650 million, the exchange is helping more people start using cryptocurrency.
The exchange is also helping new groups begin using cryptocurrency. The firm added that this integration is another step towards its goal of a fair future powered by crypto’s growth.
The executives added that by providing popular payment features, the platform is making it easier for users to purchase crypto.
Bitget explained that transactions are verified using Face ID, device password, Touch ID, and a special one-time security code to make sure every purchase is safe.
It added that important information such as debit and credit card numbers are not saved on the device or Apple servers.
These important details are rather stored in a unique chip apart from the rest of the device’s parts.
Google Pay provides a safe platform for users to make online purchases and manage their finances. The platform also supports contactless payments.
The transactions made using Google Pay are safeguarded by several levels of security, including tokenization and encryption.
Bitget Seeks To Create A Fair Future Driven By The Growth Of Cryptocurrency
Integrating is part of Bitget’s larger plan to improve its platform. It builds on existing payment systems like Mercuryo, Banxa, and Advcash.
The update comes after Bitget’s expansion into markets in the Middle East, Southeast Asia, and Africa by adding fiat payment options for these areas.
According to a press release from Bitget, its Wallet had more than 30 million users worldwide in July, showing a 150% increase from last year.
The data shows that the wallet had over 1.6 million downloads in July from both Apple and Google’s app stores, surpassing Metamask’s 1.5 million downloads.
Bitget also revealed that its wallet’s users has increased a lot, especially in Oceania, North America, and Europe. User numbers in countries like Australia, Sweden, Italy, and Russia increased 40 times, while in Canada, Turkey, the UK, Portugal, and France, the numbers grew by 1,000%.
Founded in 2018, Bitget is a global crypto exchange and web3 firm with over eight million users in 60 nations. Since June 2019, the platform is now one of the largest crypto copy trading and derivatives exchanges globally. Its most recent funding round has pushed the company’s valuation into the multi-billion-dollar range.
