New Fiat Off-Ramp Enables USDT and USDC Withdrawals
In a major move to enhance user autonomy, Bitget Wallet has introduced its first fiat withdrawal option, partnering with global payment provider MoonPay. The feature allows users to convert USDT and USDC directly into fiat currencies from within the self-custodial wallet—without relying on centralized exchanges.
This off-ramp integration addresses one of the most pressing challenges in crypto: seamless conversion of digital assets to fiat in a decentralized environment. Users can now exit positions using 25 supported fiat currencies, including USD, EUR, GBP, AUD, and CHF, among others.
The move marks a turning point in decentralized finance, as wallets begin to offer full-cycle asset management solutions.
Rising Demand for Self-Custodial Asset Management
Previously, Bitget Wallet users were required to send assets to centralized platforms for conversion. With the new off-ramp service, users gain direct control over their funds, streamlining the process and enhancing privacy.
Bitget Wallet’s Chief Marketing Officer Jamie Elkaleh highlighted the shift in user preference toward self-custody. “With more users seeking flexible, self-custodial asset management, offering both onramp and offramp services directly in-app completes our transactional ecosystem,” he said.
This update comes amid a broader industry trend. Spot trading volumes on centralized exchanges fell 22% in Q2 2025, according to TokenInsight, showing a growing shift toward non-custodial platforms.
Fees, Limits, and Geographic Availability
According to Bitget Wallet, fiat withdrawals carry a variable fee averaging 3–4%, which includes both processing and foreign exchange costs. The minimum withdrawal amount is around $20, though it may vary based on local currency and payment method.
The fiat off-ramp is now available in 61 jurisdictions, further expanding Bitget Wallet’s reach and functionality.
Bitget Wallet Expands Beyond Storage with First Off-Ramp
This launch is the first fiat off-ramp since Bitget Wallet’s official rebrand from BitKeep in 2023, following Bitget’s $30 million acquisition of the wallet platform. Though on-ramp services were available earlier, this feature completes the wallet’s goal of becoming a comprehensive DeFi gateway.
The ability to move from stablecoins to fiat without intermediaries signals a major leap forward in decentralized financial infrastructure.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.