Derivatives-based social trading platform Bingbon has partnered with Paxful, a peer-to-peer finance platform for people to make payments, transactions, and send money by buying and selling cryptocurrencies as a means of exchange.
As a result, users can take full advantage of Paxful’s fiat to crypto network directly on Bingbon’s trading platform.
Not only will Bingbon users be able to fund their accounts directly with local fiat currency using Paxful’s nearly 400 payment methods, but they also have access to a one-stop crypto derivatives trading platform.
Without a doubt, this joint initiative between Bingbon and Paxful creates new trading opportunities for users. Aside from Bitcoin, traders can obtain other cryptocurrencies with a large variety of different fiat currencies. Paxful’s Bitcoin Virtual Banking allows users to find sellers who meet the criteria of their Bitcoin trading needs instantly. Further to that, users can conduct payments quickly through Paxful on Bingbon.
"Crypto accessibility is key in order to spur adoption and highlight its use case as a means of exchange. That is why we're thrilled to partner with Bingbon to make trading cryptocurrency even more seamless to their millions of users," said Ray Youssef, CEO, and co-founder at Paxful.
All in all, the partnership is intended to provide users of Bingbon with access to multiple new payment options through the Peer-to-Peer marketplace offered by Paxful. The integration has the general objective of simplifying and facilitating access to digital assets for users worldwide, which reflects Bingbon’s mission of accelerating digital finance by technology.
“We are glad that we’ve integrated with Paxful. For Bingbon, this means introducing and exposing our users to a new trading experience. Bingbon users can find nearly 400 different ways to buy digital assets via Paxful. All of this is in line with our goal to make the crypto market more accessible to everyone. Furthermore, we will be able to penetrate the Latin American market even more aggressively than before.” said Elvisco Carrington, Communications and Partnership Manager at Bingbon.