Bitget Wallet’s Game-Changer: USDT Marketplace Now Converts INR Directly

Bitget Wallet just sliced through another layer of crypto friction. Its new USDT marketplace feature now lets Indian users convert rupees directly—no detours, no traditional banking bottlenecks.

Streamlining the On-Ramp

Forget the old multi-step dance. This integration cuts out intermediaries, letting users swap INR for USDT within the wallet's own ecosystem. It's a direct path to the world's most-used stablecoin, bypassing the usual exchange hopscotch.

Why This Move Matters

India's crypto scene is massive, but access can be clunky. By building a dedicated INR gateway, Bitget isn't just adding a feature—it's strategically planting a flag in one of the world's most crucial markets. It turns a global wallet into a local on-ramp.

Finance's old guard loves its gatekeepers and fees, but crypto keeps building the doors right next to them. This is another hinge on that door—offering speed and simplicity that traditional finance still can't match, or more accurately, won't.

New on-ramp option for INR-USDT transfers

USDT Marketplace is registered with India’s Financial Intelligence Unit (FIU) and is connected to more than 100 banks nationwide, providing users with a way to MOVE funds through channels that follow local regulatory norms.

Users can complete identity verification through DigiLocker and purchase USDT within minutes. According to Bitget Wallet, the service may offer better rates than competing platforms because it focuses specifically on the INR–USDT corridor and connects more directly with local banking rails, reducing spread and conversion costs.

Bitget Wallet has also stated that it plans to enable INR off-ramps through the same marketplace in a future update, allowing users to move funds in both directions.

Growing use of stablecoins in India

Company executives say the update is meant to support everyday use cases that are becoming more common among Indian crypto users.

“Stablecoins play a practical role for many users in India — from receiving overseas income to participating in global markets and holding part of their savings in a USD-linked form,” said Jamie Elkaleh, CMO of Bitget Wallet. 

“By integrating USDT Marketplace, we’re adding a reliable and cost-efficient rail between INR and USDT, supporting our wider goal of making access to digital assets smooth and economically fair for anyone entering the space.”

India remains one of the most active global markets for digital assets. Research firm Chainalysis ranks the country first worldwide in grassroots crypto adoption, with rising use of stablecoins such as USDT for predictable value and quick settlement.

Part of Bitget Wallet’s wider expansion

The move fits within Bitget Wallet’s broader effort to expand its global network of on- and off-ramp services, which currently spans more than 80 payment methods and over 100 fiat currencies. 

The wallet also provides tools for trading, saving, payments, and accessing digital-asset applications, with features including social login, buy/sell crypto, gasless swaps, and access to more than one million assets ranging from tokens to tokenized commodities and equities.

USDT marketplace looks to tap wider user base

USDT Marketplace says the integration will make its services more accessible. “By integrating with Bitget Wallet, we’re able to offer our competitive pricing, quick verification process, and reliable INR-to-USDT service to a wider group of users,” said Tushant Chakravarty, CTO of USDT Marketplace. 

“This collaboration makes accessing USDT faster, simpler, and more efficient for people across the country.”

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