Gate.io Enters Strategic Partnership With Onramper For Seamless Fiat-To-Crypto Swaps
In Brief
Gate.io forged a strategic partnership with Onramper to enhance cross-integration efforts, simplifying crypto purchases for users worldwide.
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.
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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.
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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.
