In a significant move to enhance crypto accessibility in South Africa, BitGet, one of the top five global cryptocurrency exchanges, has announced a strategic partnership with CallPay, a leading South African fintech company. This collaboration will allow BitGet users to deposit and withdraw funds in South African Rand (ZAR), streamlining fiat-to-crypto transactions and making digital assets more accessible to local traders.

To celebrate the launch, BitGet is temporarily waiving all deposit fees and offering a 25% rebate in $BGB (BitGet’s native token) on ZAR-to-crypto conversions. This initiative is part of BitGet’s broader strategy to expand into emerging markets and drive mainstream crypto adoption.

Seamless Fiat-to-Crypto Transactions

The integration with CallPay provides South African users with a secure and efficient gateway to the global crypto market. Key benefits of the partnership include:

• Instant fiat-to-crypto conversions, enabling users to quickly trade digital assets.
• Zero deposit fees during the promotional period, reducing barriers to entry.
• A seamless user experience, making crypto trading more accessible to both beginners and experienced traders.

“Our partnership with CallPay underscores our commitment to making crypto trading more accessible and user-friendly,” said Gracy Chen, CEO of BitGet. “By integrating ZAR deposits and withdrawals, we are empowering South African users with a reliable and convenient way to participate in the global crypto economy.”

BitGet’s Rapid Growth and Global Expansion

BitGet has experienced exponential growth in recent years, with its user base surging from 20 million in January 2024 to 100 million by December 2024, marking an extraordinary 400% growth in a single year. This growth has been driven by the exchange’s strategic focus on emerging markets, including Africa, where crypto adoption is rapidly increasing.

While East Asia dominated BitGet’s user base in 2021, accounting for nearly 90% of total users, the landscape has shifted significantly by 2024. Key regional growth highlights include:

• South Asia: Increased from under 5% in 2021 to around 15% in 2024.
• Southeast Asia: Grew from about 5% in 2021 to nearly 12% in 2024.
• Europe: Maintained steady growth, contributing around 10% of users in 2024, up from 6% in 2021.
• Latin America and the Middle East: Expanded from negligible shares in 2021 to 8% and 6%, respectively, by 2024.
• CIS Region: Accounted for nearly 5% of users in 2024, up from less than 2% in 2021.
• Africa: Experienced a 300% growth in users, increasing from below 1% in 2021 to 4% in 2024.

Despite Africa’s modest share of BitGet’s total user base, the region’s 300% growth rate in 2024 was the highest globally, highlighting its potential as a key market for crypto adoption. South Africa, in particular, stands out as the continent’s most mature digital asset market, with over 248 crypto providers legally approved to operate in the country.

About CallPay: Powering Seamless Payments

CallPay is a leading South African fintech company that offers secure, real-time payment solutions for businesses and individuals. Known for its ability to handle high transaction volumes, CallPay provides a seamless payment experience, making it an ideal partner for BitGet’s ZAR integration. As of this writing, CallPay has integrated with over 11,000 merchants, processing over 800 million ZAR in monthly volumes and facilitating more than 1.6 million transactions per month.

Driving Crypto Adoption in South Africa

The partnership between BitGet and CallPay represents a significant step forward in making crypto trading more accessible to South African users. By enabling ZAR deposits and withdrawals, BitGet is removing barriers to entry and empowering local traders to participate in the global crypto economy. This move aligns with BitGet’s mission to drive mainstream crypto adoption and expand its presence in high-growth markets.

As crypto adoption continues to rise across Africa, partnerships like this one will play a crucial role in bridging the gap between traditional finance and the digital asset ecosystem. With its user-friendly platform, zero deposit fees, and instant fiat-to-crypto conversions, BitGet is well-positioned to lead the charge in bringing crypto to the masses in South Africa and beyond.

Join the Crypto Revolution

South African traders can now take advantage of BitGet’s seamless ZAR integration and enjoy a hassle-free crypto trading experience. With zero deposit fees and a 25% rebate in $BGB on ZAR-to-crypto conversions, there’s never been a better time to explore the world of digital assets.