Crypto News

AAX and Banxa to enable crypto-to-fiat exchanges

The world’s leading on-and-off ramp solution for Web3 Banxa and top-tier crypto exchange AAX have entered into a partnership, Cointext learned in a press release. Customers can now buy fiat with crypto and vice versa via Banxa and with AAX.

Ben Caselin, Head of Strategy and Research at AAX said:

Partnering with Banxa will allow us to offer more options around crypto entry and exit and increase crypto-to-fiat liquidity, which is a crucial element of AAX’s expansion work, especially as we target the mainstream and open up new market frontiers.

AAX is committed to the mainstream

AAX is strongly committed to mainstream as the first crypto exchange to adopt the Satoshi Standard (SATS) to drive the adoption of Bitcoin to advance

It is on a mission to create and develop a liberating and inclusive economy and deeply believes that crypto will prove to be an extremely valuable asset over the long term.

Banxa allows users to use local banking and payment options

Banxa allows customers to use local banking and payment options with lower fees, less friction and more reliable fraud protection. Additionally, they can quickly and securely trade crypto for fiat and vice versa.

Banxa customers can enjoy the lowest fees and best conversion to AAX across a wide range of currencies and payment methods via bank transfer and credit cards in Tokyo, Korea and Brazil.

Banxa supports dozens of top cryptos

Banxa is on AAX and supports Bitcoin, Ethereum, polka dots, Solana, Binance Coin and dozens of other cryptos, as well as local payment methods. You can currently withdraw in USD, EUR, GBP and AUD.

AAX and Banxa are tearing down the barriers for customers to access crypto markets worldwide.

Source: Crypto News Deutsch

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