HomeNEWSBitget partners Alchemy Pay to provide crypto payment solutions for INR

Bitget partners Alchemy Pay to provide crypto payment solutions for INR


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Renowned crypto exchange, Bitget has collaborated with top payment solution provider, Alchemy Pay to develop top-tier solutions. In a Wednesday Twitter post, Bitget gave insights into the collaboration, stressing that both firms will join forces to provide crypto payment solutions for Indian Rupee (INR) through UPI and IMPS (bank transfer).

Over the years, Bitget and Alchemy Pay has enjoyed a good business relationship. Don’t forget that they both collaborated in April along with GEO Pay (Swapple) so that Bitget users can easily buy and sell their favorite cryptos with local currencies. This development underscores Alchemy Pay’s commitment to widening access to cryptocurrencies across the globe. In a press release, Bitget expressed optimism that its collaboration with Alchemy Pay will enhance users’ experience while interacting with cryptos.

Bitget aims to streamline crypto-to-fiat transactions

Bitget aims to widen its services across every countries of the world. With its collaboration with Alchemy Pay, it wants to offer top-notch crypto payment solutions that will cater to various preferences and tastes, particularly in India. More so, it believes the joint effort will streamline traders’ experience when it comes to making crypto payments with Indian Rupee.

In April, Bitget also collaborated with Onramp Money. The strategic effort makes it possible for its users to buy and sell cryptocurrencies using INR, especially through UPI and IMPS, with NGN, AED, MXN, and more. With this range of options, Bitget believes users will find it easy to convert their fiat to cryptocurrencies and vice versa.

According to the managing director at Bitget, Gracy Chen, the company’s mission is to develop a beginner-friendly ecosystem for trading crypto. Chen added that the integration of fiat payment gateways helps customize Bitget’s products for local users and enhances mass adoption. The exec added that the exchange will also collaborate with more payment firms in the future to ensure that everyone in the world gain an easy entry into the crypto world.

Recently, Bitget Wallet partnered with Onmeta, a top fiat on and off-ramp solution provider in India. According to findings, the collaboration helps improve Bitget’s Over-The-Counter trading tools to ensure rapid local payment transactions. Now, residents in India can buy their favorite crypto with several local fiat currencies. They include NEFT, IMPS, UPI, and many others

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Dare Ibitoye
Dare Ibitoye
Over the years, Dare has been a committed reporter in the field of cryptocurrencies. He is also interested in researching about the innovative projects within the blockchain space. During his spare time, Dare loves to listen to music and read about technological trends in the contemporary world

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