Bitget has announced the launch of its peer-to-peer (P2P) transactions in the INR corridor for the India market to enable secure transfers between buyers and sellers trading digital assets in India.

The leading crypto derivatives and copy trading platform’s P2P service allows traders to trade directly with each other without the need for another third party to facilitate the transactions.

All KYC-verified Indian users are eligible to trade via P2P

Indian users will be able to buy and sell USDT with INR using various payment methods such as bank transfer, Phone pay, paytm, and google pay, as well as other local and global payment methods.

Users can choose to trade based on the payment methods accepted by the matched traders. All KYC-verified Indian users with a Bitget account are eligible to trade via P2P.

P2P crypto services in India have become an important alternative for individuals seeking to buy and sell cryptocurrencies, providing flexibility, privacy, and a means to transact in the absence of fiat on-ramp or ways to buy/sell crypto directly with INR.

In case of any dispute, the Bitget Customer Support team will intervene to resolve it, and the platform also has a perfect order dispute handling process and anti-money laundering mechanism.

Bitget also offers the P2P Merchant feature which can be utilized to create a deal with their preferred price to trade their crypto at and publish it on Bitget’s P2P marketplace.

A user can choose from the list of INR to USDT advertisements and initiate a trade. When a user decides to buy the seller’s USDT gets locked. Buyer transfers payment to the seller as per payment methods provided by the seller. As soon as seller receives INR in his bank account, USDT is sent to the buyer’s wallet.

Bitget’s move to launch P2P transactions in India is in line with the growing adoption of cryptocurrencies in the country, and the platform’s launch is expected to offer Indian users a more convenient and secure way to trade digital assets.

Bitget connected to TradingView

In March, TradingView added Bitget to its trading board to allow users to conduct top-tier technical analysis using TradingView’s charting package. The integration will also further expand the usability of the crypto exchange’s service, offering users the chance to trade available instruments and make more informed decisions without leaving the TradingView interface.

The Singaporean centralized platform, which debuted in 2018, is a diverse crypto exchange that supports spot and futures trading, copy trading, farming, and staking services.

Bitget also acts as Juventus official partner and official cryptocurrency exchange partner, and its first-ever sleeve partner. The cryptocurrency derivatives exchange reportedly has 1.6 million registered users in 48 countries and regions including UK, France, Italy, South Korea, Japan, and Russia.

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• Source: https://financefeeds.com/bitget-launches-p2p-trading-in-inr-in-india/