- Summary:
- BitMart uses Alchemy Pay's direct-to-customer feature to make it easier for users to buy cryptocurrencies using local fiat currencies.
Alchemy Pay’s fiat-crypto on and off ramp is now available on BitMart, a leading global digital assets trading platform, following integration between the two. According to a press release, this integration improves the user experience of cryptocurrency transactions by providing better conversion rates and lower fees.
The benefits of the integration
Users all across the world will appreciate the streamlined process of onboarding crypto assets thanks to this integration. The new feature makes it possible to use mainstream payment systems like Mastercard and Visa to acquire cryptocurrencies.
By enabling fiat payments for crypto and Web3 services, Alchemy Pay holds a pivotal position in the crypto payments sector, helping to close the accessibility gap between cryptocurrencies and the general public. As of now, Alchemy Pay is able to facilitate fiat-crypto purchases in 173 countries through a wide variety of payment methods thanks to its extensive network of over 300 fiat payment channels.
These ramps can be seamlessly integrated into existing systems, making them useful for platforms like DeFi protocols, NFT marketplaces, and exchanges. In addition, Alchemy Pay aims to broaden adoption of Web3 and cryptocurrency services by facilitating their use with fiat currency.
BitMart, a dynamic and expanding exchange, says it is excited about the possibilities presented by cryptocurrencies like Bitcoin for stimulating economic growth and expanding access to financial services. Als, traders of all expertise levels can utilise BitMart’s platform because it is tailored to their needs. BitMart uses Alchemy Pay’s direct-to-customer solution to make it easy to buy digital currencies using local currencies while delivering a shopping experience comparable to that of well-known online marketplaces like Amazon and eBay.