Bitget Wallet Enables Fiat Withdrawals With MoonPay Partnership

Self-custodial wallet adds USDT and USDC off-ramp to support direct stablecoin-to-fiat conversion

Bitget Wallet has introduced its first fiat withdrawal feature through a partnership with MoonPay, allowing users to convert stablecoins directly into fiat currencies without using centralized exchanges. This marks a major step in expanding the app’s role from crypto storage to full asset management.

Announced on Tuesday, the new off-ramp enables Bitget Wallet users to convert USDT and USDC into over 25 fiat currencies, including USD, EUR, GBP, AUD, and CHF. Previously, users had to transfer assets to Bitget Exchange or other platforms to cash out.

Jamie Elkaleh, chief market officer at Bitget Wallet, noted that this development reflects growing user demand for decentralized, flexible asset management. “Offering both onramp and offramp services directly in-app completes Bitget Wallet’s transactional ecosystem,” he said.

Off-ramp initially limited to USDT and USDC

The new withdrawal option supports two leading stablecoins-Tether’s USDT and USDC, issued by Circle and Coinbase. While these are the only tokens supported at launch, MoonPay indicated that additional stablecoins may be added later.

The full list of fiat currencies supported by Bitget Wallet through MoonPay. Source: MoonPay

Bitget Wallet emphasized that this feature enables seamless fiat conversion within a self-custodial environment. “With more users seeking simplified ways to exit crypto positions, this off-ramp brings convenience and security to the process,” Elkaleh said.

Recent market reports also underscore this shift. According to TokenInsight, spot trading volumes on centralized exchanges dropped 22% in Q2 2025, signaling growing interest in decentralized alternatives.

Variable fees, low minimum withdrawal

Fiat withdrawals through Bitget Wallet will carry variable fees, typically around 3% to 4% of the transaction value, which includes FX and processing charges. The actual rate depends on exchange spreads at the time of the transaction.

Bitget Wallet’s off-ramp feature is available in 61 jurisdictions. Source: Bitget Wallet

There is no fixed minimum withdrawal set by Bitget Wallet. However, MoonPay imposes a minimum based on currency and payment method-usually around $20 USD or its equivalent.

First off-ramp since rebranding from BitKeep

This is Bitget Wallet’s first off-ramp feature since rebranding from BitKeep and launching under the Bitget brand in 2023. BitKeep had operated since 2018 before Bitget acquired a $30 million controlling stake.

Though off-ramps are newly introduced, Bitget Wallet has supported on-ramp services with MoonPay since last year, including crypto purchases via card and Apple Pay.

Off-ramp versus on-ramp transactions in crypto. Source: B2BinPay

Elkaleh confirmed that this launch deepens the partnership: “The fiat withdrawal feature extends our collaboration with MoonPay, allowing users to buy and sell crypto directly within the app for the first time.”