• Latest
Bitcoin Marketplace with 300 Payment Methods Integrating into Large Crypto Exchange

Bitcoin Marketplace with 300 Payment Methods Integrating into Large Crypto Exchange

July 10, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Litecoin

Bitcoin Marketplace with 300 Payment Methods Integrating into Large Crypto Exchange

coinnewsdaily by coinnewsdaily
July 10, 2019
in Litecoin
0
Bitcoin Marketplace with 300 Payment Methods Integrating into Large Crypto Exchange
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022

A peer-to-peer Bitcoin marketplace that offers more than 300 ways to buy Bitcoin has announced it is being integrated into BitMart, a global digital asset trading platform.

Paxful enables its users to purchase Bitcoin using bank transfers, debit cards, online wallets like PayPal and an array of gift cards — including well-known brands such as Amazon, iTunes, Google Play and Steam Wallet. Many of these payment methods enable consumers to access the cryptocurrency instantly.

The platform has now entered into a joint venture with BitMart, a digital asset trading platform with a global user base of more than 700,000 people, which says it is passionate about “joining the fast-growing peer-to-peer financial revolution.” As a result of the partnership, BitMart users will be able to make payments using Paxful’s technology without paying listing fees, while Paxful users will have the opportunity to convert their Bitcoin into other cryptocurrencies through the exchange.

“A pivotal time for the crypto community”

Both companies say they hope to increase liquidity and scalability through their partnership — with Paxful focused on reaching emerging markets and the estimated 2 billion people worldwide who are unbanked. This emphasis on accessibility has been complemented through a free Bitcoin wallet, guiding users through the process of sending, receiving and storing Bitcoin. 

Ray Youssef, the CEO and co-founder of Paxful, said: “We’re excited to integrate with BitMart in efforts to bring more trading options to emerging markets. It has always been our mission to provide financial freedom worldwide and we see this as the next big step in the financial revolution.”

Sheldon Xia, the founder and CEO of BitMart, believes the collaboration will help the company fulfill its mission of providing a “convenient and secure financial service in the crypto market.” He added: “By offering users with more payment options, BitMart aims to lower the barriers to entry for new adopters of digital currency investment. An integration with a revolutionary company such as Paxful allows us to bring digital asset trading to those who would otherwise not have had the access.”

Growing demand

As reported by Cointelegraph, Paxful has reported growing demand for its service in recent months. Despite Bitcoin prices tumbling by 80% compared with the dizzying highs of almost $20,000 seen in December 2017, the volume of transactions on its platform has increased substantially — rising by 130% in Africa alone to an average of 17,000 trades on a daily basis. Difficulties in obtaining bank accounts on the continent, when combined with the impact that hyperinflation and political instability have had on African currencies, may have been a factor in the burgeoning interest that cryptocurrencies have been experiencing.

The partnership could see Paxful’s profile grow considerably — as at the time of writing, BitMart was the 17th-biggest crypto exchange in terms of trade volume on CoinMarketCap.

BitMart currently hosts 233 trading pairs and claims to offer the lowest withdrawal fees when compared with other mainstream exchange platforms. It says its user base spans more than 180 countries, with a 24/7 customer service team ensuring that support is available for consumers in every time zone. Its platform is also available in a multitude of languages, including English, Chinese, Japanese, Vietnamese and Russian.

In describing what they hope the integration to achieve, both companies said they aim to provide “education, opportunities and allow the unbanked, underbanked and overbanked to participate in a growing peer-to-peer financial ecosystem.”

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.



Credit: Source link

Tags: Litecoin
Share76Tweet47
Previous Post

Blockchain Startup Solve.Care Partners with Uber to Transport Patients

Next Post

Singapore’s Stock Exchange Backs New Ethereum Security Token Platform

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |
Bitcoin

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing
Bitcoin

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022
Bull or bear market, creators are diving headfirst into crypto
Alt Coin

Bull or bear market, creators are diving headfirst into crypto

April 2, 2022
crypto listing and delisting announcements: week 9
Alt Coin

Crypto Listing and Delisting Announcements: Week 9

February 28, 2022
unstable markets how to invest in cryptocurrency
Alt Coin

How to invest in cryptocurrency when the market is uncertain, explained

December 21, 2021
be your own banker secrets
Alt Coin

Bitcoin and Crypto Wallet Hygiene 101

November 22, 2021
Load More
Next Post
Singapore’s Stock Exchange Backs New Ethereum Security Token Platform

Singapore's Stock Exchange Backs New Ethereum Security Token Platform

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,249.001.13%
  • ethereumEthereum(ETH)$1,678.442.49%
  • tetherTether(USDT)$1.00-0.52%
  • binancecoinBNB(BNB)$331.471.06%
  • rippleXRP(XRP)$0.4019491.24%
  • cardanoCardano(ADA)$0.3988742.67%
  • dogecoinDogecoin(DOGE)$0.0925321.54%
  • matic-networkPolygon(MATIC)$1.273.51%
  • okbOKB(OKB)$45.672.56%
  • solanaSolana(SOL)$23.883.05%
  • shiba-inuShiba Inu(SHIB)$0.0000141.38%
  • polkadotPolkadot(DOT)$6.944.86%
  • litecoinLitecoin(LTC)$101.291.80%
  • tronTRON(TRX)$0.0660762.77%
  • daiDai(DAI)$1.00-0.02%
  • cosmosCosmos Hub(ATOM)$15.074.77%
  • chainlinkChainlink(LINK)$7.203.36%
  • ethereum-classicEthereum Classic(ETC)$23.112.81%
  • leo-tokenLEO Token(LEO)$3.370.35%
  • moneroMonero(XMR)$167.550.44%
  • bitcoin-cashBitcoin Cash(BCH)$135.441.81%
  • stellarStellar(XLM)$0.0919961.85%
  • filecoinFilecoin(FIL)$5.576.58%
  • crypto-com-chainCronos(CRO)$0.0837713.40%
  • algorandAlgorand(ALGO)$0.2810448.49%
  • vechainVeChain(VET)$0.0265099.98%
  • internet-computerInternet Computer(ICP)$5.865.65%
  • aaveAave(AAVE)$88.652.69%
  • eosEOS(EOS)$1.123.69%
  • elrond-erd-2MultiversX(EGLD)$48.015.57%
  • theta-tokenTheta Network(THETA)$1.198.97%
  • tezosTezos(XTZ)$1.257.44%
  • huobi-tokenHuobi(HT)$5.692.68%
  • havvenSynthetix Network(SNX)$2.933.86%
  • paxos-standardPax Dollar(USDP)$0.99-1.31%
  • bitcoin-cash-svBitcoin SV(BSV)$43.460.94%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.561.16%
  • dashDash(DASH)$66.333.10%
  • makerMaker(MKR)$811.9114.74%
  • iotaIOTA(MIOTA)$0.2515264.32%
  • neoNEO(NEO)$9.214.08%
  • zcashZcash(ZEC)$46.815.52%
  • zilliqaZilliqa(ZIL)$0.0309074.82%
  • basic-attention-tokenBasic Attention(BAT)$0.31459013.17%
  • compound-governance-tokenCompound(COMP)$58.108.88%
  • nemNEM(XEM)$0.0431204.64%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$37.033.90%
  • bitcoin-goldBitcoin Gold(BTG)$17.763.70%
  • qtumQtum(QTUM)$2.984.16%
  • sushiSushi(SUSHI)$1.534.41%
  • wavesWaves(WAVES)$2.834.50%
  • golemGolem(GLM)$0.2653815.92%
  • yearn-financeyearn.finance(YFI)$7,870.553.45%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • omisegoOMG Network(OMG)$1.691.94%
  • ontologyOntology(ONT)$0.2436714.96%
  • digibyteDigiByte(DGB)$0.0115058.06%
  • umaUMA(UMA)$2.203.71%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%