23. März 2023

Banxa and BitMart Partner for Seamless Fiat-to-Crypto Onboarding

Von admin

• Banxa Holdings Inc. and BitMart have partnered to provide users with a seamless fiat-to-crypto on-and-off ramping experience in rapidly growing markets such as Asia-Pacific and Latin America.
• The integration will expand the exchange’s global operations and offer an extensive network of local payment solutions, designed to increase crypto adoption worldwide.
• This alliance exemplifies both companies‘ commitments to address the growing need for a frictionless digital asset trading experience.

Banxa and BitMart Partner for Seamless Fiat-to-Crypto Onboarding

Benefits of the Partnership

Banxa Holdings Inc. (TSXV:BNXA) (OTCQX:BNXAF) (FSE:AC00) („Banxa“ or „The Company“) has announced a strategic partnership with BitMart, the premium global digital asset exchange. The collaboration will unlock fiat-to-crypto on-and-off-ramping and further advance cryptocurrency adoption in vital markets such as Asia Pacific (APAC) and Latin America (LATAM). Key benefits of the partnership include:

Expanded Global Footprint

Banxa will give BitMart users more on-and off ramp options in APAC and LATAM, on top of Banxa’s extensive global coverage such as PayID, POLi, ACH in the US, SEPA in Europe, and many more. This ability serves the exchange’s global expansion efforts to further meet customers‘ needs in their respective local markets.

Local Payments

Banxa will aid BitMart in onboarding global users with an extensive network of local payment solutions, designed to increase crypto adoption worldwide and result in conversion rates up to three times higher than credit card only solutions.

Higher Conversions + Lower Fees

Banxa’s ability to provide access to local markets – with its licenses and registrations as well as alternative payment methods – leads to higher conversion rates and reduced fees for users.

Conclusion

The alliance between Banxa Holdings Inc., TSXV:BNXA(OTCQX:BNXAF)(FSE:AC00), and Bitmart exemplifies both companies‘ commitments to address the growing need for a frictionless digital asset trading experience by providing users with an extensive network of global payment options that are tailored towards increasing cryptocurrency adoption worldwide.

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