- Summary:
- Gate.io is partnering with Cabital to integrate crypto and fiat payments. We tell you why this is becoming increasingly necessary.
Gate.io exchange has today announced a partnership with Cabital, a major digital asset payment infrastructure provider. Through this collaboration, users of Gate.io can acquire cryptocurrency with local payment options or bank transfers in fast transaction times. To be more specific, Gate.io is incorporating Cabital Connect, a platform that offers crypto on- and off-ramp solutions. The supported fiat currencies are Euro, British Pound, Brazilian Real, and Swiss Franc. Crypto on-ramps are currently the primary entry point for newest cryptocurrency users.
What Cabital brings to Gate.io users and why it matters
Thanks to the collaboration, users can use Cabital’s services as a reliable entry point into the world of cryptocurrency. Through open, safe, and easy crypto on-ramps, it hopes to improve Gate.io users’ overall experience. In addition, it lowers the bar for simple and secure crypto investment, which is essential for reaching a wider audience.
The integration of Cabital into Gate.io’s platform makes it easier than ever for Gate.io customers to acquire crypto assets through Cabital’s marketplace. It is especially crucial to keep a tight lid on security now that questions of trust surround crypto. Notably, Cabital’s asset security, data privacy protection, and compliance standards are on par with those of any large financial institution.
Cabital is a cryptocurrency exchange and cryptocurrency exchange wallet operator with a license from the Republic of Lithuania. Its goal is to connect the fiat and crypto economies through its payment infrastructure and products. When firms in the cryptocurrency market join with Cabital Connect, their customers get access to a premium service that allows them to buy some of the best cryptocurrencies at the most affordable prices available.
One of the biggest obstacles to the widespread use of cryptocurrencies is the lack of convenient payment methods. Many people still don’t understand how crypto wallets, network fees, gas fees, and all the other technical terms work. That’s why it’s crucial to get these roadblocks out of the way in order to boost crypto acceptance, especially among retail investors.