Paxful has merged the operations with BitMart providing scalability and liquidity to the cryptocurrency industry. The international digital asset trading platform – BitMart enters into the peer to peer financial system by allying with Paxful. The integration allows the customers of BitMart to make payments through Paxful.
Paxful offers several payment options
Paxful provides a variety of payment methods to the customers. Bitcoin exchange clients can make cash deposits, PayPal, bank transfers, e-Wallets, gift cards, Skrill, and Money Grams for investments in Bitcoin (BTC) with no third party interference. The new customers of Paxful get a free digital wallet. The free digital wallet allows the customers to receive, send and store Bitcoin. The new alliance also provides customers of Paxful access to digital asset trading platform and trade in over 180 additional trading pairs.
Emerging markets get more trading options
Co-founder and Chief Executive Officer of Paxful, Ray Youssef said integration with BitMart provides more trading options to the emerging markets. Its main aim is to bring financial freedom across the world. Integrating Paxful with BitMart provides more trading opportunities and awareness to the clients. It also provides over banked, underbanked and unbanked access to the peer to peer financial system.
Chief Executive Officer and founder of BitMart, Sheldon Xia said the partnership with Paxful allows the company to provide digital asset trading to the customers. The company endeavors to offer secure and convenient financial services in the crypto market. The investors now have access to multiple payment methods like credit/ debit cards, gift cards, bank transfers, and cash deposits and allow entry into the digital currency market for the new entrants.
Ray of hope for cryptocurrency in 2019
After Bull Run in 2017 and the bearish trend in 2018, cryptocurrency is hoping for the best in 2019. Bears are unsuccessful in bringing down the enigma and curiosity surrounding the Bitcoin. The cryptocurrency mainly Bitcoin is at the forefront of catching the imagination of people worldwide and in Africa. On the promising front, Paxful is successful in increasing the trading volume by almost 130% for the most part of 2018 mainly because of the enhanced user base in Nigeria and Ghana. Paxful plans to increase its presence in South and Eastern Africa.