New Delhi: Bitget, a top crypto derivative and copy trading platform, has recently launched its peer-to-peer (P2P) transactions in the INR corridor for the Indian market. This move is in response to the increasing demand for P2P crypto services in India, which allows traders to trade directly with each other without the need for a third party to facilitate transactions.
With Bitget’s P2P trading service, Indian users can buy and sell USDT with INR using various payment methods such as Phone pay, bank transfer, Paytm, google pay, and more. This flexibility enables individuals to customize their transactions according to their specific needs, whether they want to buy small or large amounts of cryptocurrency or prefer to pay with a particular payment method.
One of the advantages of Bitget’s P2P platform is its security features. It is one of the most secure crypto P2P transfers available in the market, with an anti-money laundering mechanism and a perfect order dispute handling process. Additionally, in case of any disputes, the Bitget customer support team will intervene to resolve the issue.
Aside from its P2P trading service, Bitget also offers a P2P Merchant feature that allows users to create a deal with their preferred price to trade their crypto and publish it on the Bitget P2P marketplace. Users can choose from a list of INR to USDT advertisements and initiate a trade. When a user decides to buy, the seller’s USDT gets locked, and the buyer transfers the payment to the seller as per the payment methods provided. As soon as the seller receives INR in their bank account, USDT is sent to the buyer’s wallet.
Bitget’s launch of P2P transactions in India is timely as the adoption of cryptocurrencies continues to grow in the country. P2P crypto services have emerged as an alternative, providing individuals with flexibility, privacy, and a means to transact in the absence of fiat on-ramps or ways to buy/sell crypto directly with INR.
Bitget’s P2P platform is expected to provide Indian users with a more secure and convenient way to trade digital assets. All KYC-verified Indian users with a Bitget account are eligible to trade via P2P. The low trading fees in conversions and a variety of payment options make Bitget P2P an attractive option for traders looking to trade digital assets in India.
In conclusion, Bitget’s P2P platform provides a secure and reliable way for Indian users to trade digital assets with each other. As the adoption of cryptocurrencies continues to grow in India, P2P services like Bitget’s are expected to play an increasingly important role in facilitating transactions between individuals.
