Bitget, the leading cryptocurrency exchange, has collaborated with Alchemy Pay to provide an easier way to access crypto assets using fiat currencies (like Diners Club, Discover, MasterCard, and Visa) in up to 173 countries across the world. This on-ramp solution allows users to buy crypto assets using conventional payment methods such as mobile wallets.

Since its launch in 2018, Bitget has been serving millions of users and achieving daily trading volumes larger than $10 billion. Their mission is to expand the reach of the crypto sector, connecting Web3, Web2, Decentralized Finance (DeFi) and Centralized Finance (CeFi) as well as bridging the world’s wide crypto web.

Recently, Bitget launched a fund worth up to $100 million to invest in Web3 initiatives in Asia. Regulatory provisions on cryptocurrencies are seen to help this effort, such as those in Hong Kong and Japan, who have recently approved documents regarding Web3 progression. Bitget's spokeswoman also reiterated their financial status as a company that is self-funded and debt-free with sufficient cash flow.

The team-up between Bitget and Alchemy Pay should undoubtedly provide a convenient experience to crypto asset buyers, and perhaps catalyze wider adoption of this new asset class. With cost-effective, secure, and fast transactions and more than 300 alternative payment channels, Bitget's customers will be able to access the crypto sector without too much trouble. This partnership therefore is of great significance for the success of both companies as well as the crypto industry.



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