The ProBit Global platform recently took another step in democratizing its crypto offerings by announcing a strategic partnership with Moonpay, the renowned Fintech money exchange service provider. A partnership that will allow the platform to launch its new “Fiat on-ramp” feature, which makes the purchase of cryptocurrency accessible by credit card or bank transfer. An announcement that could propel this serious challenger into the top 10 exchanges. decryption.
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last March, Global ProBit the launch of the latest feature formalized. An option that allows you to convert real currency into cryptocurrencies, commonly referred to as “Fiat On-ramp” in crypto lingo. For example, ProBit now lets its millions of monthly users choose from more than 40 available Fiat currencies to make their crypto purchases via credit card or bank transfer (SEPA, Faster payments…).
A choice of over 800 crypto assets including BTC, ETH, USDT instantly accessible thanks to a major partnership with the service provider MoonPay. Launched in 2019, the company has a simple goal: to accelerate and facilitate adoption and access to digital assets. To this end, it develops and sells an infrastructure that a maximum of payment solutions. First, bank cards and mobile payments like Apple Pay or Google Pay. Then fast SEPA, TIX (Brazil) and Faster Payments (UK) bank transfers. MoonPay is now in the Top 50 Blockchain and Fintech Solution Companies.
You expected it, Probit did it
According to LendEDU .’s research At the end of 2017, more than 18.5% of Bitcoin investors surveyed said they had used a bank card to make their purchases. 13.39% said they had made their transactions via wire transfers. In addition, 76.23% of them announced their intention to reuse these means of payment to buy more cryptocurrencies.
KPMG France’s study on the cryptocurrency situation in France, conducted in collaboration with the Association for the Development of Digital Assets, is also very instructive. Published in February 2022, it reveals that 8% of French have already invested in cryptos. 30% of those who have not yet taken the plunge would consider buying one in the near future. The French market may still seem cautious compared to some of its neighbors. But the study is encouraging in terms of greater French investment in this sector in the coming years.
As natural portals, exchanges have played a vital role in accelerating the adoption of digital assets. The new fiat on-ramp feature, available on the platform, promotes this mass adoption. It enables both the most experienced and novices to take advantage of a fast, accessible and easy-to-use procurement system, which previously required external intermediaries.
The Probit Global platform deserves your attention
So, to make a purchase, the user has: access to a clear interface† He must first select the desired real currency and the token to be exchanged. After the token is chosen, the current purchase price quote will be displayed. After a few steps required for the purchase process, the assets are immediately deposited into the wallet(s) linked to his account† Transaction security is enhanced with two-factor authentication tools. Thus, the user can use the platform to carry out his operations, purchases or sales of tokens.
The platform also offers API services that enable, for example, the practice of “Paper Trading”. An approach that simulates an environment and an account balance to learn how to: use advanced trading tools such as cross-arbitrage, or to anticipate strategic consideration of various parameters based on real-time market conditions. Users can also very easily set up a hedging strategy (risk hedging) called “DCA” which automates periodic, fixed-fee purchases. It is ideal in a “HODL!” approach. in the long run because it reduces risk and stabilizes profits through weekly or monthly purchases.
ProBit Global is a platform brimming with possibilities. Each week has its share of new events such as airdrops, trading competitions, ProBit Exclusive promotions. It also has loyalty and referral programs, as well as its own PROB token to wager to increase DeFi’s passive returns. Undoubtedly, the new fiat-on-ramp and wire transfer functionalities will not fail to explode returns. It’s up to you to watch it.
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