Press Release

Bitget Wallet Integrates with Onmeta to Enhance India’s Local Fiat-to-Cryptocurrency Channels

Victoria, Seychelles, March 15th, 2024, Chainwire

Bitget Wallet, Asia’s premier Web3 wallet, has integrated with Onmeta, a leading fiat on and off-ramp solution catering to India, to bolster its Over-The-Counter (OTC) trading features by enhancing India’s local payment methods and instant transactions. This integration aims to provide a convenient gateway for Indian users to purchase cryptocurrencies using local fiat currencies, such as NEFT, IMPS, UPI, covering 15 major blockchains and over 100 tokens.

The collaboration with Onmeta further enhances Bitget Wallet’s OTC trading capabilities, offering users an easier and more powerful entry point to Web3 services, and lowering the barrier to entry into the Web3 space. Recognizing the challenges Web3 users face in acquiring cryptocurrencies with fiat money, Bitget Wallet aims to simplify this process. By launching a token purchase function within its app and partnering with reliable OTC service providers, Bitget Wallet integrates various payment systems to offer a flexible and secure purchasing experience.

Bitget Wallet’s fiat-to-cryptocurrency service boasts significant advantages, incorporating six major payment channels such as MoonPay, Alchemy Pay, Simplex, Banxa, Transak, and Onmeta, alongside the Bitget P2P trading channel. It supports the purchase of cryptocurrencies with nearly 50 fiat currencies and offers a wide array of payment options, encompassing over 30 blockchains and nearly a hundred cryptocurrency types for a global user base spanning more than 100 countries and regions.

Having established itself as the go-to platform for exploring new assets and seizing opportunities in the Web3 domain, Bitget Wallet is renowned for its robust trading capabilities through Bitget Swap. The platform aggregates liquidity from hundreds of mainstream DEXs and cross-chain bridges, enabling unrestricted trading across more than 40 blockchains. With innovations such as gas-free transactions, automatic slippage, and on-chain intelligent market analysis, Bitget Wallet’s intelligent market system provides comprehensive trend analyses, multi-dimensional market listings, and tracking of “Smart Money” on-chain to better assist in Swap trading decisions.

Alvin Kan, COO of Bitget Wallet, emphasized the significance of this strategic initiative, stating, “Offering an accessible OTC trading function is crucial for streamlining users’ on-chain swap transactions and removing barriers to fiat-cryptocurrency trading.”

About Bitget Wallet

Bitget Wallet is Asia’s largest and a leading global Web3 wallet with over 19 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on over 40 blockchains.

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Rachel Cheung
[email protected]

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