Renowned P2P Bitcoin [BTC] marketplace Paxful is integrating its platform with the leading cryptocurrency exchange OKEx.
In line with a recent official announcement today on 15th June, this new collaboration will offer several payment methods for OKEx users via Paxful’s Kiosk to shop for Bitcoin in more than 160 different fiat currencies, along-side bank transfer, gift cards and online wallets as well as many among others.
Paxful customers would be able to access different trading options like spot, margin, and futures trading, along with the derivatives markets via OKEx’s decentralized platform, DEX. While explaining further, CEO and co-founder of Paxful Ray Youseff added:
“This integration between OKex and Paxful will open up new opportunities for users on each side and signals that the crypto industry is uniting more and more when possible so as to use each other’s strengths to supply more options for the benefit of all users.
Expanding Global Customer User-Base
Due to this new partnership, the two firms hope to expand their services to new regions like Vietnam, South Africa , Argentina, Canada, Chile, Venezuela, Japan, Germany as well as France.
OKEx CEO Jay Hao added, “Via this partnership, we will reach more users in developing regions using Paxful’s existing infrastructure and payment options and provide them exposure to the advantages of OKEx’s advanced technology as well as diversified product suite.”
Paxful has seen variety of developments in the past few months. Also in April it launched P2P trading between Bitcoin and gold, while in May it integrated with the Infinito Wallet, allowing wallet users to shop for Bitcoin directly from other cryptocurrency users.