OKEx integrates fiat gateway Bitbns for India-based traders
By Leandra Monteiro
Global cryptocurrency exchange, OKEx, and Bitbns, an Indian crypto wallet and exchange platform join hands to elevate flexible trading capabilities for Indian crypto users across the region. OKEx & Bitbns have integrated using the matic-polygon ecosystem to provide free blockchain transfers to its users.
This partnership will give users access to trading tools/options which Indian crypto users have not been privy to previously. Users can now seamlessly purchase crypto in INR trading pairs including $USDT, $AAVE, $MATIC, etc., and can now access the range of trading facilities available across both exchanges. In conjunction with Bitbns, OKEx strives to give Indian traders access to a novel fiat gateway, a range of newer INR trading pairs, priority access to new coin/token launches, and high-yield staking products amongst the others.
Commenting on the development, Jay Hao, CEO, OKEx.com said, “We aim to make the crypto journey easy for all our users. Our team has worked hard to find such a solution for our users in India. Indian users can now easily use bank transfers to buy crypto on OKEx through our integration with Bitbns. As a byproduct of the integration, users can also access a range of diverse trading tools available on OKEx”.
Prashant Singh, CTO, Bitbns said, “We are working on creating seamless on-ramps for Indian users so they can trade different trading options on renowned venues like OKEx. We have innovated a lot so that blockchain transfers are free for users by integrating the matic-polygon ecosystem”.
OKEx is one of the world’s leading BTC future derivatives and crypto exchanges with reach and users panning across the globe. With its recent sprint of operation in SA and India, it aims to empower the crypto community with next-gen crypto trading tools, security, and technology. Testimony to its vision, OKEx houses billions in trading volumes daily creating avid ground for high liquidity and robust server infrastructures. Bitbns’s deep vested roots in the Indian crypto market with 3 million+ users across the nation is testament to its high liquidity and platform security.
IBSi Daily News Analysis
October 07, 2022
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