Bitget pioneered VietQR integration, allowing users in Vietnam to deposit VND, trade crypto, and withdraw funds easily.
In a move that underscores its commitment to innovation, Bitget, a leading cryptocurrency exchange, has introduced a new payment option for users in Vietnam. The platform now supports transfers using the Vietnamese Dong (VND) via VietQR, a widely adopted QR code system.This announcement was made through Bitget’s official X account. Bitget is now the pioneer in implementing VietQR, streamlining the opportunity to use crypto in Vietnam.
According to the blog post, VietQR is important in developing the Go Cashless initiative for the Vietnamese economy. Consumers can make snap payments through QR codes, making both prompt and secure payments. By incorporating this system, Bitget gets connected to the current infrastructure to improve the flow of crypto transactions.
What is more, the result for Vietnamese users is convenient and integrated. It allows users to deposit directly via VietQR VND into the Bitget account. Users can then trade VND to some of the biggest cryptocurrencies, such as BTC, ETH, USDT, SOL, and BGB. They can also withdraw funds to local bank accounts, which are friendly to the process. Hailing from Singapore, Bitget has state-of-the-art security features that help enable fast and secure trading.
Bitget Pushes for Mass Crypto Adoption with VietQR in Southeast Asia
Gracy Chen, CEO of Bitget, noted that the platform is committed to reducing the entry threshold for crypto users. She emphasized that VietQR takes crypto to the masses, or at least to Southeast Asian countries. In addition, this region has enormous potential to leapfrog the West and become the next global crypto hub. By using crypto in daily applications, Bitget is taking the next step toward mass adoption.
As a result, Bitget has created a special promotion to celebrate. The transaction fee will be credited back to 100 USDT for users who deposit VND through VietQR. Furthermore, traders who make spot or futures trading of 200 USDT or more will receive an additional 5 USDT. However, this offer is for the initial 1000 users only.
Ultimately, this program is a continuation of similar efforts from Bitget to enhance the experience of its users and promote financial literacy. By integrating with local payment solutions like VietQR, Bitget enables users to get closer to the crypto industry. In this way, the platform facilitates the interaction between the old financial system and the new decentralized environment. As more Southeast Asian countries show interest in crypto, Bitget integration prepares the region for its widespread acceptance.
