MEXC Global and European crypto exchange announced its partnership with Alchemy Pay. In detail, the partnership integrates Alchemy’s hybrid crypto-fiat payment gateway on MEXC.
To start with, the partnership comes with a lot of perks for the six million-plus MEXC exchange users. Firstly, users can now deposit fiat directly onto the MEXC exchange with their credit and debit cards. In addition, MEXC’s token $MX, will be integrated into the Alchemy Pay payment gateway.
Specifically, this increases the use case for the $MX tokens. For instance, the tokens can be used as payment by the Alchemy Pay merchants and partners network. Furthermore, The partnership is a doorway for far easier adoption of crypto by current and potential exchange users. More so, it reduces barriers to entry for crypto investments on MEXC’s European users enhancing services for the MEXC’s European market.
John Tan, CEO of Alchemy Pay says: “Our partnership with MEXC Global is a significant milestone in mitigating the gap between cryptocurrency and fiat to drive overall crypto adoption in the European region. This is a win-win situation. Experienced investors have an easier way to invest funds in crypto, while MEXC Global can now target crypto-curious investors with no crypto holdings.”
The MEXC Global exchange will support trading for Alchemy Pay’s ACH token and introduce margin trading in the following weeks as a centralized exchange that employs a high-performance mega-transaction matching technology. MEXC exchange is currently completing 4.1 million transactions per second for the 6 million users from over 70 countries worldwide.
Alchemy Pay boasts the world’s first hybrid fiat and digital currency gateway. The Alchemy Pay platform provides seamless crypto and fiat payments for merchants, developers, and financial institutions.
