BitGet Expands into the South African Market by Integrating with Local Payment Provider CallPay

Seychelles-based cryptocurrency exchange, BitGet, has joined forces with local payment provider, CallPay, to facilitate deposits and withdrawals in South African Rand ($ZAR).

Crypto exchange BitGet has partnered with local payment provider CallPay to enable deposits and withdrawals in South African Rand.

The partnership aims to facilitate fiat-to-crypto transactions, making digital assets more accessible to South African users.

According to a statement by the company on Monday, CallPay will allow BitGet users to deposit and withdraw ZAR in a seamless manner, offering a secure and efficient gateway for South African traders to transact in the crypto market.

As part of 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.

“Our partnership with CallPay underscores our commitment to making crypto trading more accessible and user-friendly,” said Gracy Chen, CEO at 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.”

The move aligns with BitGet’s broader strategy of expanding into emerging markets and driving mainstream crypto adoption.

As reported by BitcoinKE, BitGet experienced a bumper year in 2024, as the exchange’s user base surged from 20 million in January 2024 to 100 million in December 2024.

This marks an extraordinary 400% growth in 2024 alone, cementing BitGet’s position as the second-largest exchange ecosystem by user base.

In 2021, East Asia dominated with nearly 90% of the total user base, but by 2024 this changed significantly indicating growth in other regions.

Africa’s modest contribution to the share of the total still represents a 300% growth in 2024, by far the highest growth in users experienced across the world.

South Africa represents Africa’s most mature market for digital assets with over 248 crypto providers legally approved by the Financial Sector Conduct Commission (FSCA).