- Bitget Wallet partners MoonPay, launches first fiat withdrawal for crypto users globally.
- New feature lets users convert crypto into 25 fiat currencies seamlessly now.
- Bitget aims to make crypto safer, easier with future wallet upgrades.
Bitget Wallet, a self-custodial crypto wallet from the crypto exchange Bitget, has launched its first fiat withdrawal option. The firm has joined forces with a popular crypto payment provider MoonPay to make it happen. The new feature was announced Tuesday.
Bitget Wallet Adds 25 Fiat Currencies for Direct Crypto Cash-Out
Through this step, Bitget Wallet is now allowing users to exchange their crypto to 25 fiat currencies. It supports some of the currencies, such as USD, EUR, GBP, AUD and others. The users have an option to get their money in the form of bank cards or PayPal. This implies that individuals do not have to send their crypto to the centralized exchanges. Rather, they can manage all the activities in Bitget Wallet.
The new feature addresses one of the major issues of crypto users. Previously, individuals had to resort to other platforms to convert their crypto into fiat. This was not easy all the time and sometimes it led to delays. Bitget Wallet users are now able to do all that they want under one roof.
Jamie Elkaleh, the chief market officer at Bitget Wallet, gave his feedback on this launch. According to him, the new feature is used to fill the gap of in-app asset management. By the year 2023, the company had already implemented the ability to purchase crypto using fiat. This addition of fiat withdrawals will allow Bitget Wallet users to purchase crypto more easily as well as sell crypto more easily.
The launch is of interest at a time when the crypto industry is facing an upsurge. The latest statistics indicate that spot trading in centralized exchanges declined by 22 percent in the second quarter of 2025. Increasingly more people desire tools that would allow them to manage their crypto in a decentralized manner. Bitget Wallet is eager to fulfill this need by bringing in more helpful functions within the wallet.
Bitget Wallet Sets 3–4% Fee for New Fiat Withdrawals
When it comes to cost, there are some things to know. The transaction charges on the new withdrawal option are between 3 to 4%. This includes cost of processing and currency exchange. In addition, Bitget Wallet does not impose a set minimum withdrawal. But there are minimum amounts on certain currencies and payment methods that MoonPay does impose. As an example, certain transactions have to be at least 20 dollars or equivalent in local currency.
However, Bitget Wallet does not want to make the situation rigid to everyone. This implies that small and big transactions are accepted. Its aim is to cater to the needs of a vast variety of consumers, including ordinary users and those that transfer large amounts of money.
Bitget Wallet aims to differentiate itself from other crypto wallets by providing an easy method to withdraw the fiat. The crypto community shares the opinion that an improved choice of on- and off-ramp services will accelerate the development of the industry. This new feature would further draw additional users who may be interested in processing their crypto transaction without unnecessary inconvenience.
To sum up, the collaboration with MoonPay is a significant move in the direction of Bitget Wallet. It puts the control of money in the hands of people. It also makes crypto more viable to use in day to day tasks. In the future, Bitget Wallet adds that it will continue adding new features to both make crypto easier and safer to all.
