United States, July 4, 2023 / AlexaBlockchain/ – BitMart, a prominent global digital assets trading platform, has announced the integration of Alchemy Pay’s fiat-crypto on and off ramp on its exchange. This strategic collaboration aims to simplify the process of onboarding cryptocurrency for users worldwide by offering support for purchasing crypto through conventional payment methods such as Visa and Mastercard.
Alchemy Pay, a specialist in the crypto payments industry, has been instrumental in bridging the gap between cryptocurrencies and mainstream accessibility. By facilitating fiat payments for crypto and Web3 services, Alchemy Pay has made significant contributions to making cryptocurrencies more accessible to a broader audience. With a vast network of over 300 fiat payment channels, Alchemy Pay has the capacity to support fiat-crypto purchases in 173 countries, utilizing a wide range of payment methods. These ramps are easily integrated into platforms such as DeFi protocols, NFT marketplaces, and exchanges, enabling direct purchase of crypto via credit and debit cards, mobile wallets, and bank transfers.
BitMart’s platform is specifically designed to cater to traders of various skill levels, making it accessible to both beginners and experienced users. Since its establishment in 2017, BitMart has continuously expanded its offerings and introduced over 1000 trading pairs. In 2022, the platform achieved an impressive 24-hour spot trading volume that exceeded $7 billion. BitMart’s mission revolves around providing straightforward and secure cryptocurrency products and services, with the aim of making cryptocurrency accessible to individuals worldwide.
Through the integration of Alchemy Pay’s direct-to-customer solution, BitMart is revolutionizing the way users buy cryptocurrencies by leveraging local currencies. This integration provides users with a user experience similar to transactions on popular e-commerce platforms like Amazon or eBay. Users will benefit from more favorable conversion rates and reduced fees, enhancing the overall convenience and cost-effectiveness of crypto transactions.
This partnership between BitMart and Alchemy Pay comes at a time when the cryptocurrency market continues to gain widespread adoption and acceptance. By simplifying the process of purchasing cryptocurrencies using traditional payment methods, BitMart is empowering users to explore the world of digital assets more easily. This integration aligns with Alchemy Pay’s vision of driving mainstream accessibility for cryptocurrencies, allowing individuals worldwide to participate in the growing digital economy.
With BitMart’s commitment to providing a secure and user-friendly trading environment, combined with Alchemy Pay’s expertise in facilitating fiat-crypto transactions, this integration is expected to have a significant impact on the global cryptocurrency landscape. By removing barriers to entry and streamlining the onboarding process, BitMart is set to attract new users and further strengthen its position as a premier digital assets trading platform.
Users can now take advantage of BitMart’s integration with Alchemy Pay to effortlessly purchase cryptocurrencies using their preferred payment methods. As the cryptocurrency industry continues to evolve, initiatives like this integration will play a vital role in driving the mass adoption of digital assets and bridging the gap between traditional finance and the emerging world of cryptocurrencies.
Source: BitMart
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