Banxa, a prominent off-and-on ramp solution provider for Web3, declared an exclusive strategic collaboration with the well-known crypto exchange BitMart. The partnership will pave the way for the provision of fiat-to-crypto off-and-onboarding along with making further advancements in the adoption of crypto assets in significant markets like Latin America and Asia Pacific.
Banxa Collaborates with BitMart to Offer Smooth Fiat-to-Crypto Onboarding
According to Banxa, the user-friendly platform of BitMart is very beneficial for all traders, including novices and experts alike. The current integration additionally advances the vision of the crypto exchange to push the boundaries of its global activities. The alliance brings to the front the commitment of both platforms to deal with the growing requirement for a smooth experience of crypto trading.
Holger Arians, the chief executive officer of Banxa, stated that the firm expects to have BitMart as its collaborator to strengthen its position in the world of off-and-on ramping. As per the executive, this move will be assistive in guaranteeing that crypto trading is a secure and smooth procedure for consumers across the globe. The CEO of the platform moved on to discuss the chief advantages to be provided by the respective collaboration.
Arians mentioned that the partnership will enable Banxa to have a global footprint. As a result of the partnership, the consumers of BitMart will avail of the options in Latin American and Asia Pacific-based markets. With the respective move, the worldwide expansion endeavours of the exchange platform will go ahead to handle the requirements of the consumers in their relevant local markets.
In addition to this, the executive added, Banxa will help BitMart to onboard global consumers. In this respect, it will offer a comprehensive network containing local regional payment solutions that are structured to enhance crypto adoption around the world. According to Arians, this would eventually raise the conversion rates by 3 times as compared with the solutions dealing with just credit cards.
Banxa Users Are to Pay Zero Percent Gateway Fees for a Limited Time
Apart from that, Banxa can enable access to the regional markets with registrations and licenses along with substitutive payment methods. This paves the way for heightened conversion rates as well as minimized charges for the clients. The platform also asserted that it would implement zero percent gateway fees in the case of prominently supported currencies through credit cards. In this way, Banxa consumers using Google Pay, Apple Pay, and other such services will have this offer till the 31st of March.