How to Buy Crypto with the Mexican Peso (MXN) on Bitget

With Bitget's recent integration of the Mexican Peso (MXN) through SPEI, purchasing cryptocurrency has never been easier for users in Mexico. This integration, in partnership with Swapple and other third-party providers, aims to deliver a seamless, secure, and efficient crypto on-ramp experience.

What is Crypto On-Ramp?

Crypto on-ramp refers to the process of converting traditional fiat currency into cryptocurrency. This process provides a secure and reliable way to purchase crypto, typically using credit/debit cards, bank transfers, or third-party payment providers. With options like SPEI, crypto on-ramping is now easier and more accessible for users in Mexico.

Crypto On-Ramp with Bitget

Bitget offers a variety of on-ramping options to allow users to convert their local currency into cryptocurrency. Here’s a breakdown of the methods available:

• Credit/Debit Card: Bitget supports Visa and MasterCard payments for quick and direct purchases, catering to users who prefer the convenience of card transactions.

• Peer-to-Peer (P2P) Trading: P2P trading connects buyers and sellers directly, offering the flexibility to choose preferred prices and payment methods. This option is often more affordable for users seeking competitive rates.

• Quick Buy: The Quick Buy feature enables users to select a currency, payment method, and cryptocurrency efficiently. With options for multiple currencies, it’s designed for users who need a streamlined experience.

• Third-Party Providers: Bitget has partnered with several third-party providers to offer even more flexibility. These include Swapple (formerly GEO Pay), Mercuryo, Alchemy Pay, Banxa, Neofi, Onramp Money, among others.

With these on-ramping options, Bitget ensures that users can choose the method that best suits their preferences and needs.

More Currencies, More Payment Channels

Bitget is committed to expanding its global reach by regularly adding new fiat currencies and payment channels. The recent integration of the MXN on-ramp reflects Bitget’s mission to enhance user accessibility worldwide. SPEI (Sistema de Pagos Electrónicos Interbancarios) is a fast and reliable electronic payment system operated by the Mexican Central Bank, enabling instant bank transfers across financial institutions in Mexico. With Swapple's SPEI support, users can now seamlessly purchase crypto with MXN. In the future, Bitget plans to expand its payment options beyond SPEI to offer even greater convenience and flexibility for Mexican users.

How to Buy Crypto with MXN via SPEI

Purchasing cryptocurrency using MXN on Bitget through SPEI is a straightforward process. Here’s how you can do it:

On the Bitget app

Step 1: Open the Bitget app and log into your account.

Step 2: Tap on Add Funds in the top right corner of the app.

Step 3: Choose MXN as the currency, then select SPEI as the payment method.

Step 4: Once SPEI is selected, pick Swapple as the provider and confirm your payment information.

Step 5: You will be redirected to Swapple’s interface, where you can choose your payment method and click Pay to finalize the transaction.

Step 6: Upon completion, your purchased crypto will appear in your Bitget account. To verify the transaction, check under Order History > Fiat Orders.

On the Bitget website

Step 1: Access your Bitget account on the website, then click Buy Crypto at the top of the page.

Step 2: Choose MXN as the fiat currency, then click Quick Buy and select the Third Party option. Select SPEI, enter the desired amount, and choose the cryptocurrency you wish to buy. Agree to the terms, then click Next.

Step 3: You’ll be redirected to Swapple's payment page, where you can select a payment method, click Pay, and finalize your purchase.

Step 4: Your crypto balance will be updated in your Bitget account. View your transaction details under Order History > Fiat Orders.

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