Bitget, a Singapore-based cryptocurrency derivatives exchange, has expanded into Brazil. For the time being, the platform has integrated with the Brazilian government’s payment system Pix and begun to accept crypto purchases in Brazilian reals. Users will be able to make withdrawals in Brazilian reals beginning November 30. Bitget’s managing director, Gracy Chen, stated in a statement that the company intends to be among the top five exchanges in the Brazilian market by the end of the first half of 2023. Bitget already had operations in Latin America, including Argentina, Colombia, Mexico, and Venezuela.
