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Bitget launches Visa crypto card in APAC
Bitget, a crypto-exchange, has launched a Visa-powered crypto card issued in collaboration with DCS in selected Asia-Pacific markets to let users spend by converting crypto into fiat.
The company said the initial rollout offers a virtual card, with a physical version planned in the coming months.
Visa’s Adeline Kim said the card is meant to help consumers use digital assets through a familiar card experience, while DCS’s Joan Han said the partners are combining exchange access, issuing infrastructure, and Visa acceptance.
Bitget said the card includes rewards of up to 20% cashback on eligible spending capped at US$800, and that it plans to add perks such as limited free ATM withdrawals and airport lounge access.
🔗 Source: Bitget
🧠 Food for thought
Implications, context, and why it matters.
Asia-Pacific’s crypto boom powers Bitget’s new card
- Bitget is expanding in Asia-Pacific as the region’s crypto economy grows, with on-chain transactions up 69% year over year to $2.36 trillion 1.
- Adoption looks deep, since Vietnam and the Philippines each report crypto ownership above 20% 1.
- Remittances drive demand across Southeast Asia, while Japan and Australia look for clearer and cheaper payment options 2.
Bitget’s card push brings crypto closer to everyday spending
- The card puts exchanges like Bitget in closer competition with digital banks for daily financial services 3.
- It connects crypto balances to purchases at millions of merchants that accept Visa, which makes spending digital assets easier in routine transactions 3.
- Crypto payments are forecast to grow 17.9% a year through 2032, and Visa’s partnership backs crypto-linked card use as one more source of transactions 1 3.
Recent Bitget developments
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