Receiving a dollar or euro salary no longer requires a local bank account through Bitget Wallet’s Virtual Account, launched on October 27, 2026. The feature provides personal USD and EUR account numbers through licensed partner Noah, with incoming money automatically converted into stablecoins inside the self-custodial crypto wallet.
Key takeaways
- Accounts are free to open, with no local residency requirement.
- Deposits arrive through ACH, Fedwire, SEPA or SWIFT and convert into USDT or USDC.
- Virtual Accounts initially support incoming payments; outbound transfers are planned.
- Bitget Wallet quotes about $2 in its own fees for a $500 ACH transfer.
How Bitget Wallet’s Virtual Account connects to banking rails
Users can access personal USD and EUR account numbers directly in the Bitget Wallet app, without visiting a branch or holding a US or European bank account. Opening an account is free, and local residency is not required, Bitget Wallet said in its launch release.
Licensed partner Noah supplies the infrastructure connecting the accounts to ACH, Fedwire, SEPA and SWIFT. Noah links stablecoin settlement with local payment networks; its broader network supports more than 70 countries and 40 currencies.
The feature joins Bitget Wallet’s Onchain Payments Matrix, the infrastructure connecting its crypto assets, stablecoins and traditional payment rails. That system also supports the wallet’s card, QR payments and cross-border transfer services.
Deposits become stablecoins for spending and investing
Money deposited into a Virtual Account automatically becomes USDT or USDC, rather than remaining a fiat-currency balance. Users can then deploy those stablecoins across the wallet’s existing financial tools.
Those options include spending by card, paying through QR codes, making cross-border transfers, earning yield, and investing in crypto or tokenized real-world assets. The wallet’s wider offering includes Visa and Mastercard crypto cards, buying and cash-out services, and support for more than 100 fiat currencies.
Bitget Wallet describes the launch as an expansion beyond storing and trading assets toward handling everyday finances while users retain control of their keys.
Salary payments, remittances and direct wallet funding
The accounts target cross-border workers, remittance recipients and users moving money from banks into stablecoins. Freelancers and other workers can receive USD or EUR salaries from US or EU employers without needing a local bank account or intermediary, Bitget Wallet said.
For recipients in emerging markets, personal dollar and euro account numbers provide another route for international remittances. The company says this route can significantly reduce costs compared with traditional remittance services.
Users can also fund their wallets by bank transfer, moving directly into stablecoins without first routing the money through a centralized exchange or a separate crypto onramp.
Transfer costs and the outbound payment plan
A $500 ACH transfer through Bitget Wallet’s Virtual Account carries approximately $2 in Bitget Wallet fees, the company said. Its comparison cites World Bank data putting the global average remittance cost at around 6%, or about $30 on $500.
That figure describes Bitget Wallet’s fee, not necessarily the full transaction cost: sending-bank or blockchain-network charges can apply separately.
At launch, Virtual Accounts can receive money only. Bitget Wallet plans to add outbound transfer functionality in the coming months.
User protection and the push toward everyday finance
Bitget Wallet says it serves more than 100 million users worldwide and has a user protection fund exceeding $300 million. Its stated security measures include hardware-backed key protection, independent audits and real-time risk monitoring.
“Crypto wallets are evolving into everyday financial hubs, bringing together the tools people need to receive, manage, and move money globally while maintaining control of their assets,” said Alvin Kan, COO of Bitget Wallet.
Kan pointed to users in markets with limited access to dollar accounts or cross-border banking. Noah founder and CEO Shah Ramezani similarly described the service as combining global account functions with users’ control of their own keys.
The feature is available through the Bitget Wallet app. As a launch promotion, the first 1,000 eligible users making a qualifying first deposit will receive refunds of all transaction fees.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.