Key Takeaways:
- BitMart Exchange integrates Alchemy Pay’s fiat-crypto gateway, streamlining the onboarding process for global cryptocurrency users.
- Alchemy Pay, with its network of 300+ fiat payment channels in 173 countries, provides support for conventional payment methods, enhancing cryptocurrency accessibility.
- The integration allows BitMart users to experience an Amazon or eBay-like transaction process with better conversion rates and reduced fees.
Alchemy Pay and BitMart have joined forces to offer seamless fiat-to-crypto integration. Thereby, simplifying the process for users across the globe to purchase cryptocurrencies via conventional payment methods.
This strategic partnership is seen as a major step in bridging the gap between cryptocurrencies and mainstream financial services. BitMart Exchange, a leading global digital asset trading platform, has announced its integration of Alchemy Pay’s fiat-to-crypto gateway.
This collaboration aims to provide users with an easy and streamlined onboarding process for cryptocurrency purchases. It will be based upon the use of familiar payment methods such as Visa and Mastercard.
Alchemy Pay is a prominent player in the crypto payment sector, has been instrumental in bridging the divide between cryptocurrencies and traditional financial systems. Through its extensive network of over 300 fiat payment channels, Alchemy Pay ensures widespread accessibility to cryptocurrencies across 173 countries.
Furthermore, the company’s fiat-to-crypto gateway can be easily integrated with various platforms. These include DeFi protocols, NFT marketplaces, and exchanges, making it easier for users to buy cryptocurrencies through credit and debit cards, mobile wallets, and bank transfers.
BitMart Exchange, on the other hand, has been catering to a diverse group of traders since its inception in 2017. The exchange offers over 1000 trading pairs and has managed to achieve a staggering 24-hour spot trading volume of over $7 billion in 2022.
BitMart’s platform is designed to accommodate traders of varying skill levels and is driven by a mission to offer straightforward and secure cryptocurrency services. What makes this partnership particularly exciting is the ease of transaction it offers.
By leveraging Alchemy Pay’s direct-to-customer solution, BitMart has managed to replicate an e-commerce-like transaction process that users are already accustomed to. Moreover, this integration promises to provide users with more favorable conversion rates and reduced transaction fees.
This will significantly improve the overall convenience and experience of cryptocurrency transactions. This partnership marks a significant development in the cryptocurrency space and is expected to further the global adoption of cryptocurrencies by making them more accessible and user-friendly.
Source
