Seychelles-based cryptocurrency exchange, BitGet, has joined forces with local payment provider, CallPay, to facilitate deposits and withdrawals in South African Rand ($ZAR).
This partnership is aimed at streamlining fiat-to-crypto transactions, making digital assets more accessible to South African users. CallPay enables BitGet users to seamlessly deposit and withdraw ZAR, providing a secure and efficient gateway for South African traders to transact in the crypto market.
🇿🇦Introducing $ZAR deposit and withdrawal via @callpay on @bitgetglobal in South Africa pic.twitter.com/P8Tbi66p8Q
— BitKE (@BitcoinKE) March 5, 2025
BitGet’s integration with CallPay offers several advantages, including:
- Instant fiat-to-crypto conversions
- Zero deposit fees during the promotional period, and
- A seamless user experience
According to a media statement by the company, BitGet is temporarily waiving all deposit fees and offering a 25% rebate in $BGB (BitGet’s native token) on ZAR-to-crypto conversions as part of the launch.
“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 BitKE in January 2025, BitGet experienced a bumper year in 2024, as user base surged from 20 million in January 2024 to 100 million in December 2024, marking an extraordinary 400% growth in 2024.
REPORT | #BitGet Saw Over 300% User Growth in Africa in 2024 – The Highest Regional Growth Globally
The report outlines milestones that propelled @bitgetglobal to become the second-largest exchange ecosystem by user base in 2024https://t.co/jYhUabHmp4 @BitgetWallet
— BitKE (@BitcoinKE) January 25, 2025
In 2021, East Asia dominated with nearly 90% of the total user base, but by 2024 this changed significantly indicating growth in other regions.
- South Asia emerged as a key market, increasing from under 5% in 2021 to around 15% in 2024, showcasing rapid adoption.
- Similarly, Southeast Asia’s share grew from about 5% in 2021 to nearly 12% by 2024.
- Europe maintained a steady increase, contributing around 10% of users in 2024, compared to about 6% in 2021.
- Latin America and the Middle East also expanded significantly, growing from negligible shares in 2021 to 8% and 6%, respectively, by 2024.
- The CIS region accounted for nearly 5% of users in 2024, up from less than 2% in 2021, while
- Africa grew modestly from below 1% to 4%.
Africa’s modest contribution to the share of the total still represented 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 to operate in the market.
🇿🇦REGULATION | South Africa Has Now Approved 248 Crypto Providers Out of 420 Received So Far, Only 9 Applications Rejected
This post identifies two key areas that resulted from applications getting rejected by the FSCA.https://t.co/9osgvhErjt @fscasouthafrica pic.twitter.com/2fvVgBZoty
— BitKE (@BitcoinKE) December 16, 2024
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About CallPay
Callpay’s products and services offers an infinite payment solution with secure, real-time processing.
It’s particularly useful for businesses with high transaction volumes and provides a seamless payment experience for users.
As of this writing, CallPay has integrated over 11,000 merchants with over 800 million in monthly volumes processed and over 1.6 million in monthly transaction volume.
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