December 22, 2024

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Bitunix Collaborates with MoonPay to Facilitate Cryptocurrency Trading

Bitunix partners with MoonPay for crypto trading

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The UAE’s Bitunix, an innovator in crypto derivatives exchange services, has proudly declared a strategic partnership with the cryptocurrency payment services provider Moonpay.

The objective of this alliance is to refine the crypto trading experience offered by Bitunix and extend its global reach. The partnership is poised to provide a wider selection of payment methods, facilitating seamless user onboarding. It aims to enable traders from various corners of the world to effortlessly engage with Bitunix’s cutting-edge derivatives trading platform.

The partnership of UAE-based Bitunix with Moonpay is set to enhance the cryptocurrency trading experience.

Enabling Crypto to Fiat Transactions with Moonpay

The alliance has been announced with a vision to serve as a bridge between cryptographic and traditional financial marketplaces. It is anticipated that users will soon have the ability to convert their cryptocurrency holdings into fiat currencies through Moonpay, illustrating potential future cooperative endeavors.

Transactions through Moonpay will come with a fair processing charge, reinforcing a secure and streamlined payment experience. Bitunix’s clientele will appreciate transaction facilities beginning from a modest USD 3.99. Moonpay is acclaimed for its extensive customer base and adherence to stringent regulatory frameworks, thereby reinforcing the trustworthiness and integrity within the Bitunix ecosystem.

Insights into Moonpay

Located in the United States, Moonpay is a prominent Web3 infrastructure firm that caters to the market with a comprehensive suite of payment solutions, custody services, impeccable design, and scalable digital asset technologies. It prides itself on its partnerships with various global entities, delivering tailored strategies reminiscent of the Web3 realm. Moonpay enjoys a reputation in over 160 countries and has forged alliances with more than 500 entities spanning digital wallets, exchanges, and notable commerce platforms.

In May 2023, Moonpay introduced its application in upward of 130 nations, positioning itself as a streamlined manager of multiple wallets. This application has been made accessible on both the Apple App Store and Google Play Store, following a preliminary release for an audience of 15,000 users.

Earlier in February 2023, Moonpay entered into a collaboration with the NFT marketplace LooksRare, enhancing the ease of buying and selling digital currencies on the platform. The partnership granted exclusive access to LooksRare’s user base to transact with cryptocurrency via Moonpay, with LooksRare being esteemed as a decentralized, community-led NFT marketplace operating on the Ethereum network.

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