ApolloX, the world's first CEX-DEX hybrid crypto derivatives exchange, has announced its partnership with Banxa - the world's first listed payment service provider (PSP) and RegTech platform for the digital assets industry.
READ ALSO: Crypto Exchange ZB.com's Omar Chen: How Online Crypto Trading Altered The Market Forever
Conversion of fiat to digital assets has always been a barrier for the beginner trader to start trading crypto. With this fiat gateway, ApolloX is furthering its global mission of making crypto and blockchain accessible to everyone.
ApolloX users are now able to purchase crypto via Visa or Mastercard credit and debit cards. Over 20 fiat currencies including USD, EUR and AUD can be converted into USDT, BUSD and ETH. Banxa will integrate with ApolloX's centralized (CEX) and decentralized exchange (DEX) as two separate entities. It is the first to launch the DEX model with ApolloX.
"We are excited to partner with Banxa as we share the same mission of making blockchain and crypto accessible to everyone. This partnership will equip our users with on-ramp solutions, an easy-to-use fiat payment platform and provide access to a wide variety of digital assets and blockchains that cater to many of our users around the globe," said ApolloX Captain, Founder of ApolloX.
"The crypto market continues to evolve each day, and we are always looking for ways to break down complex barriers for our users. We are delighted to announce our partnership with ApolloX and create greater opportunities for users worldwide as we work together to offer innovative solutions for the crypto ecosystem," said Jan Hartmann, Strategy at Banxa Labs.
Launched in 2021, ApolloX is a crypto exchange platform with a mission of making blockchain and crypto accessible to everyone. As crypto traders turn to DEX and derivatives trading, ApolloX aids this shift by presenting the market with a sophisticated non-custodial trading experience. The ApolloX crypto ecosystem is fast-growing and includes centralized and decentralized exchanges, native tokens, ApolloX Rockets NFTs, crypto and education channels.
RELATED ARTICLE: Why Are Visa And Mastercard Shifting Towards More Crypto Payment Options?
