BANXA Holdings Inc has struck a strategic partnership with BitMart, the premium global digital asset exchange, to unlock fiat-to-crypto on-and-off-ramping.
The collaboration will also advance cryptocurrency adoption in the Asia-Pacific (APAC) and Latin America (LATAM) regions, Banxa noted.
BitMart runs a user-friendly platform for all levels of traders.
The integration furthers the exchange’s mission to expand its global operations, Banxa told shareholders in a statement.
“As we strengthen our position as the leading on-and-off ramp in the space, partnering with BitMart allows us to offer their users an extensive network of global and local payment options,” said Holger Arians, CEO of Banxa. “We look forward to working with BitMart to ensure cryptocurrency trading is seamless and secure for users around the world and from all backgrounds.”
Banxa told investors that the partnership should offer several benefits, from a bigger global footprint to local payments and higher conversions.
“As demand for crypto continues to grow, our users across the globe need to be able to transact seamlessly with their preferred local payment methods,” said Sheldon Xia, CEO at BitMart.
“With an extensive network of compliant local payment solutions, Banxa facilitates a smooth and simple experience for our users. We are confident that this integration will open the door for key customer segments to explore the crypto ecosystem.”
Banxa is the leading on-and-off ramp solution for Web3.
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