BitMart and MoonPay collaborate to advance Fiat-to-Crypto transaction

By Pavithra R

BitMart, a premier professional digital asset exchange platform designed for both individuals and institutions, has announced partnering with MoonPay, a global payment solution for cryptocurrency, to offer customers innovative products and a seamless trading experience.

Founded in 2018, MoonPay is working with leading companies to solve the fiat-to-crypto onramp challenge. The firm serves real-time Fiat-to-Crypto transactions with human-friendly channels supporting various debit/credit cards.

In the past 3 years, BitMart has been securing over 2.2 mn users’ digital assets. The firm has equipped itself with advanced anti-fraud blockchain technology supported by itself and its worldwide strategic partners, which empowered the company to provide a stable and hacker-resistant trading system. BitMart is also making significant progress in the field of compliance since it has obtained both federal-level and state-level Money Services Business (MSB) licenses in the U.S., and more licenses from other jurisdictions on the way.

To better optimize the trading experience, especially for newcomers to the crypto ecosystem, BitMart has been offering simple and powerful Fiat-to-Crypto solutions to its users. According to BitMart achieving a full cycle of Fiat-to-Crypto and Crypto-to-Fiat options will further boost users’ trading experience.

“Our partnership with MoonPay has made it much easier to open up the crypto world for mainstream users, offering them fast, easy, and highly-secured fiat-crypto transfer options. Let’s bring cryptocurrencies to the masses,” said BitMart CEO and Founder Sheldon Xia.

Users can easily buy up to 42 coins, including BTC, USDT, ETH with 42 fiat currencies supported, including EUR, USD, CAD, AUD, HKD, and more on BitMart. The firm is actively expanding Fiat-related services and is likely to offer Crypto-to-Fiat options for its users in Q2 this year.