New partnerships in the world of cryptocurrency

Today, September 13, 2022, the world-famous cryptocurrency exchange CoinEx launched a 7-day promotion titled:

Buying/Selling Cryptocurrencies with Banxa is now at 0% fees.

In association with Banxa, a third-party platform that provides fiat currency exchange services.

During the campaign, all CoinEx users can buy or sell USDT, USDC, BTC and ETH at 0% fees.

Instead of the C2C cash trading model, on CoinEx, users buy cryptocurrency with fiat currency through the B2C cash trading model where they can buy and sell bitcoin and other cryptocurrencies directly from/to third-party fiat currency service providers.

Currently, the CoinEx trading platform has partnered with six service providers, including Banxa, Guardarian, Simplex, Mercuryo, MoonPay and Advcash, which support more than 60 types of fiat currencies through Visa or Master Card.

With these third-party service providers, CoinEx users can buy mainstream cryptocurrencies like BTC, ETH, and USDT at any time they want.

As a third-party fiat currency service provider, Banxa provides compatible services to crypto users and supports multiple payment methods, including global credit card providers, EU, Australian and UK bank transfers and cash payments.

Currently, Banxa supports more than 31 different types of paper payments on CoinEx and supports payment methods that include Visa, Master, SEPA, etc.

Notably, this is the first time CoinEx has partnered with a third-party fiat service provider to host promotional events, which indicates that the trading platform plans to expand user benefits and reflects its commitment to improving fiat deposits/withdrawals.

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