Bitget is looking to capture a massive market from DEXs as it opens an affiliate designed especially for users in Vietnam.
Cryptocurrency exchange Bitget has launched a new trading platform in Vietnam. BitEXC will be tailored to Vietnamese preferences and provide local customer support and educational outreach, it promised.
The launch of the new exchange is a strategic part of Bitget’s expansion in Southeast Asia, as Vietnam ranks second worldwide for cryptocurrency ownership. About 21.2% of the population owns digital assets, according to the exchange. Bitget and BitEXC CEO Gracy Chen said:
Besides peer-to-peer (P2P) trading, BitEXC offers spot and futures trading. It accepts payment through the state-owned ViettelPay, Momo — the Vietnamese service of Canadian Nuvei — and ZaloPay, part of the local Zalo instant messaging system. Only P2P trading was active on the site’s first day.