All posts tagged: bitet

Bitget, Alchemy Pay Partner to Allow Crypto Purchasing via Indian Rupee and UPI

Bitget, which is a Seychelles-based crypto exchange, has decided to let Indian users purchase cryptocurrencies using fiat Rupee. The exchange has entered into a partnership with Web3 payments solutions platform Alchemy Pay to facilitate crypto purchases through the Rupee currency. The aim of this collaboration is to make crypto buying on international exchanges more accessible in India while also diversifying the number of platforms to do so for the nationals. As per the announcement published on Bitget’s site, its collaboration with Alchemy Pay will open crypto purchases through IMPS bank transfers as well as through Unified Payments Interface (UPI). Alchemy Pay, as part of this partnership, will provide its on-ramp services on Bitget’s trading platform. This service lets users utilise fiat services like Visa, Mastercard, Apple Pay, and Google Pay to purchase crypto assets. As part of its services, Alchemy also lets crypto holders sell their crypto holdings and wire back the funds to their back accounts in the form of fiat currencies. This makes for an interesting development because the last time an exchange …