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Banxa and Bancor Partner for Cryptocurrency-to-Paper Money Gateway

Wednesday 19 May 2021 13:20 CET | News

Payment services provider Banxa has announced integrating its cryptocurrency-to-paper money gateway with Switzerland-based liquidity protocol Bancor.

Bancor enables automated cross-chain swaps and the provision of liquidity for different tokens, and allows customers to trade tokens and earn interest by placing them on the company’s decentralised exchange. Banxa is a digital asset payment service provider and processor that enables digital asset purchases. Through the integration of Banxa's cryptocurrency-to-paper-money bridge, Bancor users will be able to buy cryptocurrencies directly through the Bancor network interface with paper currencies. Customers no longer have to first convert their paper money into dollar-backed stablecoins. Digital assets available on the Bancor network include BTC, BSV, LINK, ETH, LTC, USDT, BUSD and USDC.


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Keywords: partnership, cryptocurrency, digital assets, token
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: Switzerland
This article is part of category

Blockchain & Cryptocurrencies