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BitMart announced the launch of its Global Transfer feature, allowing users to send cryptocurrencies such as USDT, USDC, BTC, and ETH directly to local bank accounts or e-wallets and convert them into various fiat currencies including EUR and GBP.
BitMart has introduced the Global Transfer feature, enabling users to send cryptocurrencies—specifically USDT, USDC, BTC, and ETH—directly to recipients’ local bank accounts or e-wallets. The feature integrates into the BitMart app and supports conversion to a wide selection of fiat currencies, including EUR, GBP, DKK, INR, BRL, VND, and others.
Transfer processing times and supported currencies vary by region, with real-time or near real-time payouts available in several jurisdictions. Additional details published specify that use of the service requires KYC verification and is subject to compliance checks, transfer limits, and varying fees depending on region, chosen crypto, and payment channel.
BitMart is an international cryptocurrency trading platform offering a wide range of digital assets for both spot and futures trading, with leverage available up to x100. The exchange features two trading interfaces suitable for both beginners and advanced users, offers passive income opportunities through a crypto loan service, and provides a mobile app as well as TradingView integration. For more details on its features and services, see the broker profile on Traders Union: full review on Traders Union.
For further background, our earlier news about BitMart detailed the upcoming listing of the SpaceWay Utility token (SPWAY) on the platform. You can read more in the previous BitMart update on Traders Union.