Class-leading derivatives and copy trading platform, Bitget has launched its peer-to-peer trading service in India for secure transfers between buyers and sellers of digital assets in the Asian country.
The company announced the development in a short statement made available on its website, promising that the service is coming soon to other unsupported countries/regions.
“Bitget introduces P2P crypto trading service to the Indian market. Indian users can now buy and sell USDT with INR using P2P service,” the statement read.
The P2P service offers an opportunity for Indian crypto traders to buy and sell cryptocurrencies and other digital currencies without the need for a middleman to process the transaction. While it sounds like a minor change on paper, it’s a significant upgrade to the security and convenience of Bitget’s services in the country.
How Bitget P2P Works
With the introduction of Bitget P2P trading, crypto jocks can now buy USDT with traditional payment methods like bank transfer, debit or credit cards, PayTM, and Google Pay, among others. The buyer will directly supply a payment method, which the seller will subsequently use to pay for any digital asset they intend to buy.
In the case of disputes between a buyer and a seller, the Bitget Customer Service team will step in to resolve them, ensuring a safe and moderated environment for both buyers and sellers. However, it’s essential to note that Bitget is not responsible for any disputes, nor does it have any obligations to resolve them.
Bitget P2P is a matchmaking platform between buyers and sellers for crypto assets. A seller posts an ad carrying how much crypto they intend to sell, their preferred price, and the applicable payment method. Sellers browse the ads, click on interesting ones, and make purchases.
With India’s growing population of cryptocurrency enthusiasts, there seems to be no better time to introduce the service, and thanks to the low trading fees and numerous payment methods, Bitget P2P should easily attract crypto enthusiasts in India.