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Home DeFi Metaverse

Gate.io Forms Strategic Alliance with Onramper to Facilitate Smooth Fiat-To-Crypto Exchanges

Alisa Davidson by Alisa Davidson
October 15, 2024
in Metaverse
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Gate.io Forms Strategic Alliance with Onramper to Facilitate Smooth Fiat-To-Crypto Exchanges
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by
Alisa Davidson

Published: October 15, 2024 at 10:31 am Updated: October 15, 2024 at 10:31 am

by Ana

Edited and fact-checked:
October 15, 2024 at 10:31 am

To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.

In Brief

Gate.io forged a strategic partnership with Onramper to enhance cross-integration efforts, simplifying crypto purchases for users worldwide.

Gate.io Enters Strategic Partnership With Onramper For Seamless Fiat-to-Crypto Swaps

Cryptocurrency exchange Gate.io announced a strategic partnership with Onramper, an aggregator that facilitates fiat-to-crypto transactions. This collaboration aims to enhance cross-integration efforts, making it easier and more accessible for users worldwide to purchase cryptocurrencies.

“This integration with Onramper will help us make purchasing crypto easier than ever before for our existing users,” said Dr. Lin Han, Gate.io Founder and CEO, in a written statement. “It will help us to reach new users interested in purchasing their first crypto using fiat currencies,” he added.

Onramper’s advanced on-ramp aggregator allows users to buy cryptocurrencies in over 190 countries using more than 130 local payment methods. This extensive geographical reach is enhanced by sophisticated routing engines that suggest optimal conversion options in real-time. This maximizes the chances of successful transactions and ensures users get the most cryptocurrency possible for their fiat currency.

Integrating Onramper’s On-Ramp Technology And Enhancing GateConnect With New Partnership 

Since its inception in 2013, Gate.io has quickly established itself as one of the leading cryptocurrency exchanges worldwide, currently serving over 18 million customers. The platform is recognized for its commitment to digital asset security, ensuring that user assets are safeguarded against potential hacking threats.

Thanks to its new partnership with Onramper, Gate.io plans to incorporate Onramper’s on-ramp technology, which will expand the available payment methods for users and enhance transaction success rates. This integration is anticipated to improve the user experience for Gate.io’s more than 17 million users. Additionally, Gate.io will gain access to Onramper’s Terminal, which will provide valuable insights to facilitate further enhancements to the platform.

Recently, Gate Group introduced GateConnect, a product that allows users to convert fiat currency to cryptocurrencies. Currently, GateConnect supports exchanges between over 30 fiat currencies and more than 1,600 cryptocurrencies, enabling transactions via debit cards, credit cards, and bank transfers. The integration with Onramper will further streamline the process, allowing users to purchase cryptocurrencies effortlessly in non-custodial wallets around the globe.

“We’re thrilled to collaborate with Gate.io as it broadens its on-ramp capabilities and looks to enhance fiat onboarding,” said Thijs Maas, CEO of Onramper, in a written statement. “This mutually beneficial integration will improve both Gate.io and Onramper’s offerings while positively impacting the crypto ecosystem as a whole,” he concluded.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles

Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles

A strategic partnership between Gate.io and Onramper is set to revolutionize the world of cryptocurrency transactions. This collaboration aims to streamline the process of purchasing crypto for users across the globe. With Gate.io’s extensive user base and Onramper’s advanced technology, the future of fiat-to-crypto conversions looks promising.

Gate.io, known for its commitment to security and user experience, is constantly seeking innovative solutions to enhance its platform. By integrating Onramper’s on-ramp technology, the exchange aims to provide a seamless experience for users looking to enter the world of cryptocurrencies. This partnership will not only expand the payment options available to users but also improve transaction success rates, making it easier than ever to buy digital assets.

Onramper’s on-ramp aggregator allows users in over 190 countries to purchase cryptocurrencies using a variety of local payment methods. Its sophisticated routing engines ensure optimal conversion options in real-time, maximizing the value users receive for their fiat currency. This level of accessibility and convenience is what sets this collaboration apart in the rapidly evolving crypto landscape.

The GateConnect product introduced by Gate Group has already made waves in the industry, allowing users to convert fiat currency to over 1,600 cryptocurrencies. With the integration of Onramper’s technology, this process will become even more efficient, empowering users to make hassle-free transactions in non-custodial wallets worldwide. The future of crypto onboarding is here, and Gate.io and Onramper are leading the way.

As Thijs Maas, CEO of Onramper, expressed his excitement about the collaboration, it’s clear that both parties are dedicated to enhancing the crypto ecosystem. By working together, Gate.io and Onramper are not only improving their own offerings but also contributing to the overall advancement of the industry. This partnership signifies a step towards a more inclusive and user-friendly cryptocurrency market.

In conclusion, the strategic partnership between Gate.io and Onramper marks a significant milestone in the world of cryptocurrency transactions. With a focus on user experience, security, and innovation, this collaboration is set to redefine how users interact with digital assets. As the industry continues to evolve, partnerships like these pave the way for a more accessible and efficient crypto ecosystem.

For more trending news articles like this, visit DeFi Daily News.



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