Bitget, the world’s leading Universal Exchange (UEX) serving over 120 million users in 150+ countries and regions, today announced an update to its peer-to-peer (P2P) fee structure for the Naira (NGN) Fiat Pair.
The adjustment is designed to enhance liquidity and support evolving trading activity utilizing the currency.
Under the revised structure, takers, users who fill existing orders on the NGN market, will incur zero fees, while advertisers (makers) providing liquidity will be charged a fee of 0.1 % on both buy and sell orders.
This applies specifically to trades involving the Nigerian Naira on Bitget’s P2P marketplace.
The updated fee mechanics aim to simplify access for users executing trades, while ensuring a balanced cost for those contributing liquidity.
Bitget will continue to monitor market conditions and may introduce additional refinements or supportive measures as needed.
Bitget’s P2P marketplace enables users to directly buy and sell supported fiat currencies for cryptocurrency with one another using local settlement options, broadening access to digital assets without reliance on traditional banking rails.
This change reflects Bitget’s ongoing effort to adapt trading infrastructure in key regional markets and to maintain an efficient P2P trading environment tailored to local demand.
“At Bitget, our priority is to continuously refine our marketplace to better serve local communities,” said Ignacio A. Franco, CMO at Bitget. “By introducing zero taker fees for NGN P2P trades while maintaining a competitive structure for makers, we aim to stimulate liquidity and make crypto access even more seamless for the currency users. We remain committed to adapting our infrastructure to evolving market dynamics and supporting sustainable growth across key fiat currencies.”
For more details on the updated P2P fee structure read here.
Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027.
Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.
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