Bitget partners with Callpay to enable South African rand transactions
The move aligns with Bitget’s broader strategy of expanding into emerging markets and driving mainstream crypto adoption.
Bitget, a Seychelles-based cryptocurrency exchange, has partnered with Callpay, a local crypto payment provider, to enable deposits and withdrawals in South African Rand (ZAR).
This integration aims to simplify fiat-to-crypto transactions for South African users, improving accessibility to digital assets.
The details
- The partnership will allow South African users deposit and withdraw ZAR through Callpay’s payment gateway.
- According to a statement, as part of the launch, Bitget is temporarily waiving all deposit fees and offering a 25% rebate in BGB (Bitget’s native token) on ZAR-to-crypto conversions.
- The move aligns with Bitget’s broader strategy of expanding into emerging markets and driving mainstream crypto adoption.
Key quoute
- Gracy Chen CEO at Bitget said:
"Our partnership with Callpay underscores our commitment to making crypto trading more accessible and user-friendly. By integrating ZAR deposits and withdrawals, we are empowering South African users with a reliable and convenient way to participate in the global crypto economy."
Zoom out
- The partnership reflects a broader trend of crypto exchanges integrating local payment solutions to boost adoption.
- Bitget’s partnership with Callpay highlights a growing trend of global crypto exchanges integrating local payment solutions to drive adoption.
- Coinbase Wallet recently partnered with Onboard, enabling Nigerian users to purchase cryptocurrencies directly with the naira through Onboard’s peer-to-peer marketplace.
- Similarly, Coinbase Wallet integrated Yellow Card’s payment infrastructure, allowing African users to buy Bitcoin and USDC seamlessly within the wallet.
