- Summary:
- Fierce app will leverage Paxos' high-grade infrastructure and security, with BTC and ETH the first cryptos tradeable on Fierce app via Paxos.
Fintech firm Fierce has joined forces with Paxos, the regulated blockchain infrastructure provider, to enhance Fierce Apps’ digital asset offering. Fierce will provide its users with the ability to trade Bitcoin (BTC) and Ethereum (ETH) using the Paxos mobile app, with the intention of eventually adding support for more digital assets.
In addition, the Fierce and Paxos partnership will make it easier for Fiece app users to switch between cash, cryptocurrency, and stocks to fulfill their diverse and fluctuating financial needs. Everyone who uses Fierce now has access to this new feature.
A look at the synergy within the partnership
Fierce is a technology firm that bundles some of the most cutting-edge financial technology services into a single, user-friendly app. With the Fierce app, users can open an FDIC-insured checking account, get a no-fee Debit Card, and participate in fractional stock and ETF trading, all while earning interest on their holdings passively.
Paxos employs blockchain technology for tokenization, crypto custody, trading, and asset transaction settlement. Paxos is also a cryptocurrency brokerage that provides qualified custody, licensing, and trading services to businesses so that their customers can participate in and reap the benefits of the digital asset ecosystem without risk. By working with Fierce, Paxos can guarantee its customers low pricing and comprehensive safeguards to protect their assets.
By incorporating Paxos, Fierce says that its users will benefit from the best pricing in the market, as well as the highest level of security. Paxos is shaking up the financial system to make it facilitate seamless, instantaneous and efficient transactions of assets, reliably anywhere in the globe. In the future, Paxos and Fierce plan to work together to expand the number of cryptocurrencies and tokenized assets available to consumers.